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Opinion – National minimum wage, a catalyst for economic growth, community upliftment
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Opinion – National minimum wage, a catalyst for economic growth, community upliftment

The introduction of a national minimum wage in Namibia is a landmark in the country’s economic and social journey.  While its implementation poses challenges for businesses in the short-term, the long-term benefits for the economy, communities, and social equity far outweigh these initial hurdles. This policy is not merely a mandate, but a strategic investment...

Windhoek’s hardships through vendors’ lenses 
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Windhoek’s hardships through vendors’ lenses 

Kavetja Ngaizuvare Street vendors are an important part of urban life, providing affordable food and goods to the public, at their convenience.  However, despite their crucial role, their daily lives are filled with challenges, as they work hard to make a living.  This week, New Era spoke to a few vendors to hear challenges from...

Airlines’ association concerned with aviation infrastructure
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Airlines’ association concerned with aviation infrastructure

The Airlines Association of Southern Africa (AASA) has expressed renewed concern and frustration regarding a spate of incidents that disrupted airline operations over the summer peak travel season and throughout January.  The incidents are primarily related to the reliability of refuelling infrastructure, electrical power supply and redundancy systems at the OR Tambo International Airport and...

Future Energies Services appoints Shindubu as GM
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Future Energies Services appoints Shindubu as GM

Future Energies Services, a Namibian-owned company at the forefront of sustainable energy solutions, has appointed Aron Shindubu as general manager, effective 1 February 2025.  Future Energies Services operates as the corporate wing of the Namibia Youth Energy Forum, a Section 21 registered non-profit organisation. Shindubu is an accomplished business development and strategy expert. He has...

Zambezi entrepreneurs to receive tailoring training
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Zambezi entrepreneurs to receive tailoring training

KATIMA MULILO – Twenty selected entrepreneurs from Zambezi region’s eight constituencies will receive two-weeks training in tailoring and fashion design.  The training is an initiative of the Zambezi Regional Council and is funded by the Community Skills Development Foundation (Cosdef) Oyetu Project. Addressing the participants, Zambezi Regional Council chairperson Matengu Simushi stated that the training...

Musk takes reins of US Treasury payments 
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Musk takes reins of US Treasury payments 

WASHINGTON – Elon Musk and his aides have taken control of the US Treasury Department’s payments system, triggering a lawsuit charging he is illegally getting access to private data of millions of Americans.  Musk, the world’s richest person, is leading president Donald Trump’s federal cost-cutting efforts under the so-called Department of Government Efficiency (DOGE).  The...

Cran appoints Shigwedha to executive team 
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Cran appoints Shigwedha to executive team 

The Communications Regulatory Authority of Namibia (CRAN) has appointed Josephine Shigwedha to its executive team, effective 3 February 2025. Shigwedha will assume the role of Executive: Regulatory and Corporate Legal Services.  She is an admitted legal practitioner with a Master of Laws (LLM), and has over 11 years of dedicated experience in various aspects of...

Trustco appoints independent committee to oversee delisting
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Trustco appoints independent committee to oversee delisting

Trustco Group Holdings Limited yesterday announced that its board of directors has established an independent committee to manage the proposed delisting from the Johannesburg Stock Exchange (JSE), Namibian Stock Exchange (NSX) and OTCQX Market in the United States. This follows the company’s announcement of evaluating the delisting in preparation for its planned Nasdaq direct listing. ...

Labour market risks drive social instability – FNB  …informal employment more viable for youth
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Labour market risks drive social instability – FNB  …informal employment more viable for youth

Without targeted interventions to stimulate job creation, address regional disparities and better align skills with market demands, Namibia’s labour market risks becoming a driver of social instability and economic stagnation.  This is according to FNB’s analysis of the 2023 Labour Force Survey, where the bank states that the findings paint a sobering picture of Namibia’s...