NIAMEY – Niger’s ruling military junta on Thursday announced that it was nationalising a unit of French uranium company Orano, the latest step in a deepening rift between Paris and Niamey. Orano had already lost operational control of its Niger-based subsidiary Somair last year. “Faced with the irresponsible, illegal and disloyal behaviour of Orano, a company owned by the French...
Opinion – Nuclear energy in Namibia’s energy strategy
The Government of the Republic of Namibia, guided by the Swapo Party manifesto, has identified nuclear energy as a strategic priority. This initiative aims to diversify the national energy mix, enhance energy security and support long-term sustainability. Namibia currently imports more than half of its electricity, despite having abundant solar and wind resources. However, the intermittent nature of these sources...
Old Mutual Namibia launches World Wide Equity Fund
Old Mutual Namibia, through the Old Mutual Investment Group (OMIGNAM), last week expanded its investment horizon with the unveiling of the World Wide Equity Fund. This fund represents more than diversification, it symbolises Old Mutual Namibia’s ambition to give Namibian investors a credible and convenient pathway to global markets, while remaining rooted in the strength and insight of our local...
Digital trade can unlock US$1.2 trillion for Commonwealth …as global economy stands on brink of transformative shift
The Commonwealth could unlock nearly US$1.2 trillion in additional trade by 2026 by adopting electronic transferable records and enacting comprehensive legal reforms. This, said Ministry of Information Communication and Technology (MICT) executive director Audrin Mathe, is according to new analysis that experts say could transform the economic future of all the 54 Commonwealth member states. Speaking at the Commonwealth Business...
Geingos showcases First Lady Tenure documentary
Ster Kinekor at Grove Mall in Windhoek was abuzz with smiles, appreciation, reflection, admiration, and laughter as former first lady Monica Geingos premiered her long-awaited documentary, titled “Lead From Where You Are: The Journey of the Office of the First Lady” (2015–2024). The event brought together notable members of the community, with Vice President Lucia Witbooi the guest speaker. Other...
Nam seeks oil, gas investments …targets US-Africa Business Summit for partnerships
LUANDA – President Netumbo Nandi-Ndaitwah is leading Namibia’s delegation to the 2025 US-Africa Business Summit being held in Luanda, Angola, where the country is expected to seek investment in the oil, gas and infrastructure sectors. The summit, taking place from yesterday to 25 June, brings together African leaders, US government officials and business representatives under the theme “Pathways to prosperity:...
Mentally ill patient runs amok
ONGENGA – A family at Oshikuyu village in Ohangwena region is reeling from shock after a mentally ill relative allegedly attacked members of his own family with a panga, killing his 88-year-old grandmother and seriously injuring two other family members aged seven and 14. The village is in the Ongenga constituency. According to police Deputy Commissioner Melanie Mburu, after hacking...
Fishing industry fumes over illegal pilchard catch
WALVIS BAY – The Small Pelagic Industry Association has slammed the ongoing illegal harvesting of pilchards by horse mackerel vessels, warning that Namibia’s remaining pilchard processors are at risk of collapsing. The fishery has been under a government-imposed moratorium since 2015. Footage shared with New Era shows a horse mackerel trawler sorting and packing large quantities of pilchards caught last...
SA-Nam ties that bind
President Netumbo Nandi-Ndaitwah and her South African counterpart Cyril Ramaphosa met on Friday in Pretoria to cement the relation between the two states by discussing issues of cooperation, seeking to advance the interests of both countries through mutual benefit. The two heads of state explored avenues for deepening and expanding bilateral relations, specifically in various economic sectors such as agriculture,...
Governors await ‘verdict’ with bated breath
Governors whose contracts expired last week were given a ten-day extension until 30 June 2025. As the clock ticks, the governors continue their duties while bracing for a presidential decision that could either reaffirm their mandate or signal the end of their current political chapter. Ohangwena governor Sebastian Ndeitunga, whose contract was extended, said he remains calm and ready for...