BRUSSELS – Nearly half-a-decade in the making, a landmark set of new European Union (EU) environmental and human rights’ rules for businesses may be dead in the water as Brussels faces pressure to put economic growth first. French president Emmanuel Macron this week joined German leader Friedrich Merz in urging the EU to ditch corporate...
I recently had the pleasure of participating in the awards’ ceremony at the Namibian University of Science and Technology (Nust) at their Faculty of Computing and Informatics. The dedication, resilience and aspirations of the outstanding students within the Faculty of Computing and Informatics were celebrated. We often forget how much effort goes into excelling in...
Pricilla Mukokobi Isai Sipunga What began as a humble experiment in a home garage has grown into an award-winning agribusiness venture, capturing the imagination of many Namibians. Elizabeth Kambode, founder of LizWISE Investment, was awarded N$400 000 in funding after her mahangu pasta product caught the eye of judges at the Development Bank of Namibia’s...
BEIJING – Beijing yesterday condemned new United States warnings on the use of artificial intelligence (AI) chips by Chinese tech giant Huawei, vowing it would take steps against “bullying” efforts to restrict access to high-tech semiconductors and supply chains. Washington has sought in recent years to curb exports of state-of-the-art chips to China, concerned that...
In a landmark step toward enhancing national water security and resilience, government, the Namibia Water Corporation (NamWater) and the German Development Bank (KfW) on Tuesday signed a N$1.5 billion (EUR75 million) concessional loan agreement to fund the second phase of the Namibia Water Sector Support Programme (WSSP II). The agreement was officially signed by finance...
SANTIAGO – Chile’s state-owned copper giant Codelco announced a partnership on Monday with British-Australian miner Rio Tinto to extract lithium from a salt flat that contains the world’s second-biggest deposits of the prized metal. Mining companies are scrambling to get their hands on lithium, a key ingredient in electric car and smartphone batteries.Argentina, Bolivia and...
Antila Oil and Gas, the organisers of the Namibia Local Content Conference and Exhibition 2025, has announced a three-year partnership with Namibia Oil and Gas, the Namibian news and information resource hub that focuses on the oil, gas, and energy sector. Namibia Oil and Gas will serve as the official news and media partner for...
BANFF – Top finance leaders from the G7 nations gathered in Canada from yesterday, with concerns including war in Ukraine at the fore, while the advanced economies grapple with fallout from US president Donald Trump’s sweeping tariffs. In talks running through to tomorrow, leaders are set to discuss global economic conditions, with participants seeking a...
Finance minister Ericah Shafudah commended the Development Bank of Namibia (DBN) for its commitment to the country’s economic growth during her speech at the Good Business and Innovation awards on Monday. She lauded the DBN’s role in driving development as a key financial institution, noting the bank has invested over N$21 billion into the domestic...
PARIS – The French government “at the highest level” covered up a scandal over the treatment of mineral water by food giant Nestle, including the iconic Perrier brand, a Senate investigation said yesterday. In recent years, the Swiss food and drinks’ conglomerate has been under pressure over its Perrier and other brands. European Union regulations...