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Russia to build Kazakhstan’s first nuclear power plant
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Russia to build Kazakhstan’s first nuclear power plant

ALMATY – Russian nuclear energy giant Rosatom will lead the construction of the first atomic power plant in Kazakhstan, the world’s top uranium producer, the Central Asian country’s authorities said on Saturday.“Rosatom has been named as the leader of the international consortium for the construction of the first nuclear power plant in Kazakhstan,” the former...

Retirement fund calls on pensioners to act 
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Retirement fund calls on pensioners to act 

The Retirement Fund for Local Authorities and Utility Services (RFLAUN) reminds all pensioners to submit their Certificate of Existence Forms to ensure uninterrupted pension payments. Established in 1992 under the Pension Funds Act No. 24 of 1956, RFLAUN is committed to the socio-economic upliftment of current and former employees of participating local authorities and associated...

House price decline offset by food increase
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House price decline offset by food increase

FNB analysts expect inflation to ease further to 3.3% year-on-year (y/y) in June, supported by favourable fuel base effects and muted utility inflation following NamPower’s lower-than-expected 3.8% tariff increase.  This outlook is contained in FNB’s Namibia’s CPI Review for May 2025, by its economist Helena Mboti. “With core inflation remaining elevated, we maintain our view...

Maputo to host Africa ports, logistics and infrastructure summit
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Maputo to host Africa ports, logistics and infrastructure summit

As Africa embarks on a remarkable journey of industrialisation and economic integration, Mozambique is rapidly establishing itself as a vital gateway for global trade and investment.  In response to this, the inaugural Africa Ports, Logistics and Infrastructure Summit, officially endorsed by the Ministry of Transport and Logistics of Mozambique, is scheduled to take place on...

Local content conference reschedule
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Local content conference reschedule

To accommodate and in recognition of government’s historic hosting of the Commonwealth Business Summit, the Namibia Local Content Conference and  Exhibition (NLCC) 2025 will be rescheduled from 7 to 9 October 2025 at The Dome, Swakopmund.  This strategic adjustment ensures a cohesive national focus and enables full institutional support for both platforms, each contributing meaningfully to...

China Africa expo opens with focus on economic ties
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China Africa expo opens with focus on economic ties

CHANGSHA – The fourth China-Africa Economic and Trade Expo opened yesterday in the central Chinese city of Changsha, highlighting the commitment of the world’s largest developing country to strengthening ties with Africa, the continent with the largest number of developing nations.  Nearly 4 700 Chinese and African companies as well as over 30 000 participants...

Sub-Sahara Africa progresses in closing gender gap …women in lower- and middle-income economies move into formal jobs
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Sub-Sahara Africa progresses in closing gender gap …women in lower- and middle-income economies move into formal jobs

Sub-Saharan Africa ranks sixth in terms of the global gender gap, with a current score of 68% according to the World Economic Forum (WEF). In its latest Global Gender Gap Report 2025, released this week, the WEF notes Sub-Saharan Africa displays wide variation across countries, but its success stories demonstrate that progress is possible in...

RFS makes strategic staff moves 
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RFS makes strategic staff moves 

RFS Fund Administrators (RFS) has made two strategic staff movements that reinforce its commitment to service excellence and leadership in the Namibian pension fund industry.  Vincent Shimutwikeni joined RFS from 1 June, bringing with him a wealth of knowledge in governance, legal compliance and retirement fund policy.  He holds a Baccalaureus Juris degree, a Bachelor...

CRAN celebrates strong board performance 
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CRAN celebrates strong board performance 

The Communications Regulatory Authority of Namibia (CRAN) this week stated that its latest performance appraisal report evaluates the effectiveness of its board of directors for the period 1 April 2023 to 31 March 2024.  The appraisal is conducted in accordance with the performance agreement established between the board and the Minister of Information and Communication...