Team Namibia recently held its annual general meeting (AGM), bringing key stakeholders, industry leaders and government officials together under the theme ‘Rooted in Namibia, Thriving Together’. The event celebrated the organisation’s continued commitment to driving local economic growth, and promoting Namibian products through strategic collaboration and patriotism. Patricia Hoeksema from Team Namibia’s board of directors...
PSG Wealth Namibia, a financial services’ company, has launched a new talk show called ‘Windows of Wealth’. The show aims to inspire and empower Namibians through captivating interviews with some of the country’s most influential leaders and trailblazers. According to a statement, ‘Windows of Wealth’ brings audiences closer to the personal and professional journeys of...
OSLO – Norway’s sovereign wealth fund, the world’s largest, posted a gain of more than US$76 billion (N$1.3 trillion) in the third quarter as the global equities market got a boost from lower interest rates, it said yesterday. For the July to September period, the fund posted a return of 4.4%, bringing its total value...
“We need the national budget to enable small businesses to grow so that we can train more people and employ more people. This way the economy will also be able to grow,” said Jeremia Matheas, a small business owner in Windhoek. “We only hear about the budget, but we don’t see any of its benefits....
HAVANA – Plunged into darkness on Friday due to a collapsed power grid, Cuba was already grappling with several interrelated crises connected to its chronically-neglected infrastructure and economic stagnation. The blackout followed weeks of outages, which had lasted up to 20 hours a day in some provinces. The island’s economy – already in dire straits...
LONDON – Major stock markets dropped yesterday and oil prices jumped as traders weighed fresh interest-rate cuts from China’s central bank, aimed at reigniting the world’s second-biggest economy. Another record session on Friday on Wall Street failed to inspire a similar rally elsewhere, as main equity indices in Europe and Asia began the week lower....
A professional examination report of the massive 391-carat diamond recovered by Meya Mining in Sierra Leone suggests the diamond contains metallic inclusions, mainly iron-rich metals. This means it formed deep in the Earth between 360 and 750 kilometres below the surface. Trustco Group Holdings holds a 19.5% interest in Meya Mining, which operates under a...
The Communications Regulatory Authority of Namibia (Cran) is representing Namibia at the International Telecommunications Union (ITU) World Telecommunication Standardisation Assembly (WTSA-24). The event started on 14 October, and is scheduled to conclude on 24 October 2024 in New Delhi, India. This global event brings together policymakers, industry leaders and information and communication technology (ICT) experts...
The Capricorn Group, through joint donations from the Capricorn Foundation and Bank Windhoek, last week donated a total of N$500 000 to the environment, forestry and tourism ministry towards Namibia’s participation and pavilion at the COP29. The conference will be held from 11-22 November 2024 in Baku, Azerbaijan, to build on previous successes and pave...
The Food and Agriculture Organisation of the United Nations (FAO) in partnership with the Ministry of Fisheries and Marine Resources (MFMR) held a one-day workshop on 15 October 2024 to validate the results of a Training Needs Assessment (TNA) and market assessment for Namibia’s small-scale fisheries (SSF) sector. The workshop brought together key stakeholders, including...