The financial services industry is undergoing a seismic shift driven by rapid technological advancement, growing mobile connectivity, and an increasingly adaptive regulatory environment. Across Africa, electronic money (e-Money) solutions are redefining the banking experience—and Namibia is at a unique inflexion point. With rising smartphone infiltration and expanding digital infrastructure, the country is well-placed to leverage the transformative potential of digital...
Oil prices fall even as Israel Iran strikes extend into fourth day
LONDON – Stocks rose and oil prices pulled back yesterday as fears of a wider Middle East conflict eased even as Israel and Iran pounded each other with missiles for a fourth day. The dollar and safe-haven gold declined slightly. “European shares were surprisingly resilient against a backdrop of uncertainty,” said Russ Mould, investment director at AJ Bell. “The Middle...
Shafudah: Govt will not cut expenditure …instead seeks spending efficiency to eliminate leakages
Government, through finance minister Ericah Shafudah, has reiterated it is not considering any drastic expenditure cuts. She said such cuts would have severe and lasting implications on the livelihood of society, as most of the expenditure goes to social spending. Instead, government is implementing policy and structural reforms in the long term to place the economy on a sustainable growth...
Opinion – How you treat others at work determines your success
The way individuals are treated in the workplace significantly influences not only personal success but also the overall reputation and credibility of the organisation. While many organisations boast impressive visions and missions, the absence of ethical leadership and a healthy organisational culture often hinders the realisation of these aspirations. In some environments, severe labour practices persist. Employees are dismissed without...
Opinion – Governors’ performance: Open letter to the President
As a resident of Omusati region, I have a citizenry concern that I would like to reach the Office of the President (appointing authority). These concerns are around the appointment and performance of past governors for Omusati region in relation to the pace of infrastructural development in the region since 2000. I took note of the snail’s pace of development...
Cholera hits Opuwo …ministry calls for calmness, vigilance
Auleria Wakudumo The Ministry of Health and Social Services has urged the public not to panic in light of the news of a cholera outbreak in the Kunene region. Instead, the ministry has said, the public should practice vigilance and take the necessary precautionary measures to prevent the disease. This follows the confirmation of a suspected cholera death in the...
All systems go for Kunene by-election
Lahja Nashuuta Loide Jason Voters in the Kunene region are amongst those who will cast their votes today in a by-election to elect a new regional councillor. The two constituencies being contested are Sesfontein and Kamanjab. The vacancy in Sesfontein constituency was created after former United Democratic Front (UDF) councillor Nico Somaeb left the post to serve in Parliament. There...
Erongo desalination plant a national asset
SWAKOPMUND – The Erongo Desalination Plant, one of Namibia’s key strategic water assets, marked its 15 years in existence on Friday. The utility, which to date has supplied more than 123 million cubic litres of water to mines and households in the region, also celebrated the fact that this was done safely — without a single lost-time injury. Desalination is...
Namibia, Angola forge stronger ICT ties
Maggy Thomas Namibia has forged a strong information and communication technology (ICT) alliance with neighbouring Angola. This marks a significant step towards enhanced digital cooperation. As the 5th ANGOTIC 2025 International ICT Forum in Luanda came to an end, Namibian information minister Emma Theofelus underscored the concentrated efforts to solidify bilateral ties. She said these are poised to unlock substantial...
Truck driver arrested for negligent driving … as teacher dies on spot
A 36-year-old truck driver is expected to appear in the Ohangwena Magistrate’s Court today. He faces charges of culpable homicide and failure to ascertain the nature and extent of injuries following an accident. The incident occurred on Saturday around 20h30 on the main road at Omafo, Ohangwena region. A 33-year-old teacher, Hilya Ndeshihafela Hifindaka, died on the spot. She was...