Starting a business is more than just a way to earn an income—it is a journey of resilience, problem-solving and community impact. In Namibia, where entrepreneurship plays a crucial role in job-creation, small businesses hold the power to transform our local economies. From the informal street vendors of Oshakati to the thriving Small and Medium Enterprises (SMEs) hubs in Windhoek,...
Equities, oil plunge as US, China crank up trade war
LONDON – Stock markets tumbled along with oil and the dollar yesterday as United States (US) president Donald Trump’s sweeping tariffs against trading partners kicked in, triggering strong retaliation from China. Beijing slapped a higher 84% levy on US goods, sharply accelerating losses on European stock markets in early afternoon trading. Growing fears of weakened demand sent oil prices to...
Deep Yellow delays processing plant construction … awaits more favourable prices to protect shareholder value
Uranium company Deep Yellow has decided to focus on early works infrastructure and initial engineering for its Tumas Project in the Erongo region. Continuing with these carefully- considered programmes is expected to ensure a seamless and quick transition to the execution phase once suitable market conditions exist. This means Deep Yellow has delayed its Final Investment Decision (FID) as it...
Public enterprises’ ministry dissolved
When public enterprises’ minister Leon Jooste was appointed as founding minister of public enterprises, a daunting task lay ahead of him in reforming Namibia’s tax dollar-sucking parastatals, where bailouts are the norm, with little to no accountability. However, for the first five years without public enterprises’ governance legislation in place, he had little room to manoeuvre or achieve any tangible...
A mother’s worst nightmare …wading through deep waters to get home
ENGELA- The floods in northern Namibia continue to impact the livelihoods of those living around these areas in ways unimaginable. Not only have the floods led to the closure of schools, but the waters have made many areas impassable. Large parts of the Omusati, Ohangwena, Oshikoto and parts of Oshana regions are under water, and residents have had to move...
Govt gives seven-seaters green-light
Rudolf Gaiseb Seven-seaters will now operate as a long-distance transportation service in Namibia. Transport minister Veikko Nekundi announced the decision to lift restrictions on those drivers who were barred from operating without permits in the National Assembly on Tuesday. “The seven-seaters will now be permitted officially; no compromise or negotiations. They will transport seven people as the composition of the...
Battle for five constituencies
Lahja Nashuuta The upcoming five by-elections could give Namibians a glimpse of whether the regional councils and local authorities will live up to their billing later this year. The Electoral Commission of Namibia (ECN) has officially launched supplementary voters registration in preparation for the upcoming by-elections. They are set to take place on 17 June 2025. Eligible voters, those who...
Kapofi demands army self-reliance, professionalism
Defence minister Frans Kapofi called on the ministry’s leadership and staff to urgently shift towards self-reliance by using internal skills and resources to resolve challenges. He demanded that the ministry move away from outsourcing simple tasks, and instead make full use of the expertise already within its ranks. Kapofi was speaking during the official welcoming ceremony of his deputy Charles...
N$145m ICT fund to benefit Omaheke
Information minister Emma Theofelus recently held in-depth discussions with the Omaheke regional leadership. The purpose of the visit was to identify gaps in connectivity, as well as the lack of network towers and access to information in various key areas of the region. Theofelus met Omaheke governor Pijoo Nganate, regional councillors and key stakeholders from the region. The minister said...
Over 240 graduate at Unam Katima
KATIMA MULILO –University of Namibia vice chancellor Kenneth Matengu has underscored the pivotal role of higher education in driving economic growth and social transformation. He called for greater investment in research, innovation and education quality. Speaking at the Unam Katima Mulilo campus graduation ceremony Tuesday,students received their qualifications in fields including animal health, education,counselling and wildlife management and ecotourism, Matengu...