Sustainability is the concept of meeting today’s needs without compromising the ability of future generations to meet their own. It encourages a balanced approach to using resources, taking only what we need while preserving essential resources for human survival. Sustainability involves taking conscious steps to balance environmental, social, and economic factors to ensure the long-term...
Through Access and Benefit Sharing (ABS), indigenous people and local communities can secure fair monetary compensation from business partners, utilising valuable resources like marula oil, mangetti, devil’s claw, and many others. This was the message from Verna Sinimbo, industrialisation and trade deputy minister who emphasised that Africa, and Namibia in particular, is a land of...
Kenzoll Capital, an Amsterdam-based private equity firm, and its local partners, led by Paragon Investment Holdings, have announced the long-awaited arrival of their Adamastor diamond mining vessel at Lüderitz harbour. Now that the vessel has reached Namibian waters, it is set to commence operations in Hottentots Bay, off the Skeleton coast. According to Paragon, initial...
As Donald Trump’s odds of winning the White House seemingly improve, investors are being warned that a swift retaliation from Europe would likely deliver a hammer blow to US stocks. The stark warning from Nigel Green, the CEO of deVere Group, one of the world’s largest independent financial advisory and asset management organisations, comes as a...
Personal finance spending studies found that November and December, filled with events like Black Friday, Christmas and New Year’s celebrations, are peak months for spending. The post-holiday season in January and February is typically associated with times when money is tight. However, the right savings strategies can turn this normality around. In celebration of Savings Day,...
The Seed Capital Fund of Namibia (SCFN), a non-governmental organisation dedicated to providing essential seed capital to Namibian start-ups, recently hosted a successful stakeholders engagement in Windhoek. The event marked the official launch of the SCFN’s fundraising campaign to raise N$2 million by March 2025, aimed at supporting Namibian entrepreneurs, and driving sustainable economic growth....
ETUNDA – In a groundbreaking leap for agriculture, northern Namibia is stepping into the spotlight with its very first grape harvest. This remarkable feat proves that even the harshest climates can yield sweet success. The Otjimbele Agriculture Project, led by CEO Carlos Lertxundi, is not just cultivating grapes. It is sowing the seeds of...
PARIS – Tinned tuna in many European countries are contaminated with dangerous levels of mercury, two environmental pressure groups stated. They called on retail stores and governments to take “urgent” measures. The Foodwatch and Bloom groups said authorities had to cut the permitted levels of the heavy metal. Bloom said all of the 148 tins...
Pinehas Pinehas The Office of the Labour Commissioner facilitated a consultative engagement in Windhoek on Monday to announce Cabinet’s approval, in principle, for the commission’s autonomy. This autonomous operation is still subject to consultation with social partners and key stakeholders. At the event, labour deputy minister Hafeni Ndemula justified advocacy for the autonomy of the...
The Development Bank of Namibia (DBN) and One Economy Foundation (ONE) have signed a Strategic Comprehensive Partnership Agreement (SCPA) to drive sustainable economic growth, youth empowerment and community development in Namibia. This groundbreaking collaboration reflects both organisations’ commitment to promoting equality, and creating socio-economic opportunities for underrepresented groups, particularly the youth, women and rural entrepreneurs....