OPEC says no peak to oil demand before 2050

OPEC says no peak to oil demand before 2050

PARIS – The OPEC oil cartel yesterday stated that demand for crude will continue to expand through at least 2050, calling efforts to rapidly shift away from fossil fuels an unworkable fantasy.  In its latest annual report on the outlook for oil demand, OPEC sees global oil demand rising by 18.6% from 103.7 million barrels per day in 2024 to...

O&L welcomes emerging talent 

O&L welcomes emerging talent 

The Ohlthaver & List Group (O&L) has welcomed 13 new graduates into its 2025 Emerging Talent programme, reinforcing the group’s commitment to developing the country’s future workforce and addressing the critical challenges of youth unemployment, which is estimated at over 37%.  According to the Namibia Statistics Agency, the youth unemployment rate is higher among those in the 15-to-19 age group...

CPBN concludes N$121 million contract for NBC 

CPBN concludes N$121 million contract for NBC 

The Central Procurement Board of Namibia (CPBN) has concluded a N$121 million procurement contract with Intelsat Ventures, on behalf of the Namibia Broadcasting Corporation (NBC), for the implementation of Direct-To-Home (DTH) Transmission Services.  The contract signing marks a significant milestone in Namibia’s efforts to enhance nationwide broadcasting capabilities and ensure equitable access to radio and television services. Speaking at the...

NIPDB supports local standardisation  …strengthens collaboration with NSI to improve market readiness 

NIPDB supports local standardisation  …strengthens collaboration with NSI to improve market readiness 

 The Namibia Investment Promotion and Development Board (NIPDB) and the Namibia Standards Institute (NSI) signed a Memorandum of Understanding (MoU) on Wednesday, to strengthen cooperation between the institutions and focusing on joint efforts to support standardisation, improve market readiness for Namibian products and enhance the ease of doing business.  NSI chief executive officer Eino Emvula said the need for collaboration...

Opinion – The power of sport in southern Africa …medals, momentum and winnings

Opinion – The power of sport in southern Africa …medals, momentum and winnings

South Africa has kicked off the African Union Sports Council (AUSC) Region 5 Youth Games in emphatic style, leading the medal standings with a commanding total of 24 medals after just one day of competition.  This impressive start reaffirms South Africa’s strong position in regional sport and highlights the depth of talent being cultivated within the country’s youth development structures. ...

Opinion – Are foundations noble causes or hidden corridors of power?

Opinion – Are foundations noble causes or hidden corridors of power?

In democratic nations like Namibia, transparency is not just a virtue but a constitutional obligation.  We are a sovereign State, built on the values of accountability, openness and participatory governance. Yet, one space that seems to have escaped the glare of public scrutiny is that of Foundations – those charitable entities often named after prominent individuals, particularly politicians. Foundations are,...

Opinion – Unemployment’s strain on economic stability

Opinion – Unemployment’s strain on economic stability

Namibia is one of Africa’s most resource-rich countries in terms of both people and minerals. Namibia’s position, in my opinion, can be improved by changing the people’s mindset, which is characterized by a high level of dependency, as well as the leadership at various levels, which is dominated by a diverse group of people who are financially motivated rather than...

Opinion – Reflecting on Ngurare’s first 100 days

Opinion – Reflecting on Ngurare’s first 100 days

As a tradition in contemporary governance, let us take a moment to reflect on Prime Minister Tjitunga Elijah Ngurare’s time in office since he assumed duty on 21 March 2025.  Despite the brief period, his leadership has already been defined by a strong emphasis on setting a new tone for the public service, initiating administrative reforms, streamlining government operations, reducing...

Namibia honours India’s Modi 

Namibia honours India’s Modi 

India’s prime minister Narendra Modi was honoured with the highest civilian honour, ‘The Order of the Most Ancient Welwitschia Mirabilis’, by President Netumbo Nandi-Ndaitwah on Wednesday.Modi, during his one-day state visit, met the Indian community and visited State House, the Heroes Acre and parliament before he departed for his home country.“It is a matter of immense pride and honour for...