Rudolf Gaiseb Besides aiming to revolutionise the domestic food delivery market, Green Enterprise Solution’s ‘Tap-A-Meal’ application is gearing up to expand its reach with hopes of eventually competing with global competitors. Tap-A-Meal, a locally-developed food order and delivery app, was created by Green, and primarily serves Windhoek. In an interview with New Era, Tap-A-Meal’s team...
The mining industry employed some 18 000 people last year, including contractors. In terms of permanent employees, about 8 900 people were recruited, 97% of whom are Namibians. This was revealed by Chamber of Mines CEO Veston Malango. He said these numbers were mostly attainable from Chamber members, which include mining giants such as Namdeb,...
The Northern Regional Electricity Distribution Company (Nored), which supplies electricity to 90 000 customers in eight northern regions, is taking significant steps to address financial losses caused by underbilling and illegal connections. Recent audits have revealed alarming figures that highlight the urgency of these initiatives. In an audit of large power users, Nored discovered that...
NEW YORK – Finance ministers of the G7 nations vowed Saturday to step up efforts to prevent Russia from evading sanctions imposed after its conflict with Ukraine. “We remain committed to taking further initiatives in response to oil price cap violations,” the group said in a statement following a meeting in Washington. Those further steps...
The Government Institutions Pension Fund (GIPF) holds a substantial portfolio of listed investments in key local entities, valued at approximately N$6.9 billion. These strategic holdings span multiple sectors, including finance, renewable energy, real estate, telecommunications and consumer goods. Notable investments include a 29% stake in Mobile Telecommunications Limited (MTC), which serves 97% of Namibia’s population;...
The Ministry of Mines and Energy (MME) is conducting a comprehensive National Energy Survey and Affordability Study in collaboration with the World Bank, which started on 7 October and is expected to end on 11 November 2024. The study, which is being carried out countrywide, aims to assess socio-economic conditions, identify development needs and provide...
Hilma Hashange OMUTHIYA – In a bid to promote Omuthiya and boost its economic activities, the Omuthiya Town Council will host the second Omuthiya Business Expo at the New Open Market Centre from 28 October to 3November 2024. The expo is expected to provide a platform for local businesses as well as small and medium...
The Namibia Financial Institutions Supervisory Authority (Namfisa) recently hosted a pension funds, industry engagement, bringing together key stakeholders in the financial sector to explore the role of unlisted investments in bridging funding gaps and fostering economic growth in Namibia. The event, themed “Unlisted Investments as a Solution for Bridging Funding Gaps in the Economy,”...
The country’s ongoing need to address the shortage of Work- Integrated Learning (WIL) opportunities for students has resulted in the Social Security Commission (SSC) commiting N$200 000 to the Namibia National Internship Programme (NNIP). This is to increase the programme’s intake capacity, which currently only stands at 300 trainees per annum. SSC is the sixth...
Grove Mall marked a significant moment in its history this week with the celebration of its 10th anniversary. The event, which included issuing vouchers worth N$10 000 to shoppers, was held at the Slowtown Atrium within the mall. In his opening remarks, JP Duncan, asset manager at Atterbury, a property development firm, expressed gratitude...