Namibia University of Science and Technology (NUST) management and the representative union’s salary negotiations ended on a high note. After months of negotiations between the university’s management and the Namibia Public Workers Union (Napwu), as well as the Teachers’ Union of Namibia (TUN), the parties have agreed to increase staff salaries. The university, together with...
RMB Namibia has entered a partnership with Yellowstone Trails which will run for three years and will see RMB become the official naming sponsor of the RMB Yellowstone Trails. “Along with a broader social commitment, RMB is a staunch supporter of family and family-oriented events (which RMB Yellowstone Trails offers); it believes in healthy bodies...
The Ohlthaver & List Group (O&L) has rebranded Dimension Data Namibia to Mach 10, marking a significant milestone in the Namibian information communication technology landscape. According to the group, the 100% acquisition of Dimension Data Namibia by O&L and the birth of Mach 10 signals not just a change in name but also a bold...
The Otjomuise Live Arts Festival (Olaf) has been transforming the city’s cultural landscape through the universal language of dance. Now in its fourth year, the edition started on Wednesday ending on Saturday and brought a variety of dance performances, workshops and interactive showcases to public spaces around the city. This year’s festival featured 14 diverse performances,...
Viewers can look forward to six feature films that will be aired every Sunday evening at 20h00 on kykNET & kie DStv channel 145. Dubbel moeilikheid, Speel aan, Die rooftog, Ataman, !Dhina Boys and Lubinda form part of MultiChoice Namibia’s Ombura Project. Muneera Sallies, a supervising producer for M-Net’s Premium Channels, says they provided continuous mentorship to the various...
It was a weekend of festivities as MultiChoice Namibia successfully concluded its first-ever film festival at the Franco Namibia Cultural Centre (FNCC) in Windhoek. The events included panel discussions by industry experts, local movie screenings and a showing of the Ombura behind-the-scenes documentary while the last day was centred around a family fun day. The...
In recent years, banking fraud has become increasingly sophisticated, with pensioners often finding themselves scammed by unscrupulous criminals. These retirees, who may be less tech-savvy and more trusting, have become prime targets in incidents that can devastate their life savings. “While pensioners are prime targets of criminals, it’s important to know you can fight back,”...
Having handed over N$7.7 million in dividends in the last financial year, Namibia’s only special risks insurance company, Namibia Special Risks Insurance Association Limited (Nasria) handed over a dividend of N$16 million for the 2024 financial year to its sole shareholder, government. Speaking at the dividend handover, Nasria board chairperson Adrianus Vugs said the dividend...
The Global Credit Rating (GCR) agency recently affirmed a stable outlook for Bank Windhoek. This is as the ratings agency affirmed the bank’s Namibian long and short-term national scale issuer ratings AA(NA)/A1+(NA), respectively. At the same time, the South African long-term issuer rating has been affirmed at A(ZA). The international scales and definitions of AA,...
The Financial System Stability Committee (FSSC) has recommitted to maintaining a high level of vigilance and to carefully monitor risks as well as steer the course to address any emerging risks in the domestic financial system. The FSSC, which was established by and operates within the ambit of the Bank of Namibia, recently concluded that...