Standard Bank Namibia has appointed Zebra Kasete and Andreas Kanime to its board of directors, effective 10 March 2025. News of the appointments was shared via the Stocks Exchange News Service (SENS) as ordered by the Standard Bank board on Monday, 17 March 2025. The statement stipulates that Zebra Karirondua Kasete has been appointed as...
Business
WBCG in Zambia’s Copperbelt to promote transport corridor
The Walvis Bay Corridor Group (WBCG) last week hosted a Copperbelt Information- Sharing Session in Kitwe, the economic hub of Zambia’s Copperbelt Province. The session, which took place on 13 March 2025, focused on positioning the Walvis Bay-Ndola-Lubumbashi Development Corridor (WBNLDC) as the preferred trade route for the Copperbelt. The session provided a platform for...
Commemorative Geingob N$60 note in circulation
The recently-launched N$60 commemorative Hage Geingob banknote was officially issued into circulation yesterday at the Khomasdal Grove Mall by the central bank governor Johannes !Gawaxab. This special edition banknote honours the legacy of late president Geingob, celebrating his 60 years of dedicated service to Namibia’s independence, democracy and socio-economic progress. “The N$60 banknote is more...
Opinion – Charting your path to financial independence
Patricia Olivier Year by year, on Namibia’s day of independence, we are reminded of the strength of decisions, the ability to craft our own destiny, to do things by ourselves, and to live unrestrained. Independence, at its most abstract level, lies beyond the sovereignty of nations; it is a personal thing. It’s about having the...
OECD lowers global growth projections over ‘trade barriers’
PARIS – The Organisation for Economic Co-operation and Development (OECD) yesterday lowered its projections for global growth in 2025 due to “trade barriers” and “uncertainty”. Trade tensions that have erupted since United States’ president Donald Trump returned to the White House are in part responsible for the dampened growth perspectives, the OECD said. The OECD...
Cran promotes digital safety
The Communications Regulatory Authority of Namibia (CRAN) has embarked on dual initiatives that highlight a comprehensive approach to enhance telecommunications compliance while simultaneously empowering the youth for a safer digital future. As Namibia progresses in its telecommunications journey, CRAN remains committed to ensuring that regulatory frameworks and educational outreach serve to protect and benefit all...
MTC Trivia awards three winners
MTC Trivia Summer awarded three brand new vehicles to lucky winners of the MTC Trivia Competition, which ran from 2 December 2024 to 2 March 2025. Eneas Mulike (Windhoek), Edward Gei-Aibeb (Gocheganas) and Bind Penti-Ziipo (Walvis Bay) received keys to their brand-new cars on Thursday at MTC headquarters in Windhoek. Mulike scooped the first prize...
Pupkewitz invest N$220 million into new Lifestyle store
Pupkewitz Megabuild celebrated the official ribbon-cutting and grand opening of its new Megabuild Lifestyle store in Kleine Kuppe last week. This N$ 220million investment represents a significant commitment to Namibia and its people, taking the Megabuild Lifestyle vision – first pioneered in 2014 – to new heights. The keynote address was delivered by Mateus Kaholongo,...
SA’s revised budget gets booed despite smaller tax hike
CAPE TOWN – South Africa’s finance minister on Wednesday unveiled a budget with a smaller increase in value-added tax than previously proposed, but it was immediately rejected by a key party in the unity government. Finance Minister Enoch Godongwana presented the revised budget to parliament three weeks after his first version was withheld at the...
US trading partners hit back on steel, aluminium tariffs
WASHINGTON – Major US trading partners announced countermeasures on Wednesday after Donald Trump’s blanket tariffs on steel and aluminium imports took effect, prompting the president to vow a further response. The steep 25% levies contained no exemptions despite countries’ efforts to avert them, marking an expansion from Trump’s recent duties on Canada, Mexico and China...