Namibia, although hugely rich in natural resource endowment is challenged by expanding its industrial capacity in the country. These challenges are soon to be overcome by its policy discourse on green hydrogen and fourth industrialisation revolution (4IR) initiatives.
Business
Paratus completes landing station for increased capacity
Last February, Paratus announced that it had entered into an agreement with Google to be the landing partner for the Equiano cable in Namibia.
Coast gets cash-accepting ATMs
Bank Windhoek recently installed three new cash- accepting Automated Teller Machines (ATMs) at its branches in Walvis Bay, Swakopmund, and at an agency in Henties Bay. Walvis Bay now has two cash-accepting ATMs.
Development levels should guide rules of origin …as automotive industry prepares for free African trade
Namibia, Kenya, Botswana, Rwanda and Ghana need rules of origin that will allow participation and further development of the automotive industry by new players in the sector.
Opinion – Money in Relationships
Money impacts every relationship we have. Whether it’s within the family, amongst friends or in intimate relationships.
GIPF invests N$20 million into Swakopmund housing
The Government Institutions Pension Fund (GIPF) has invested over N$20 million in a housing development by Beucorp Group, through Koningstein Capital Investment Property Fund.
Local agriculture goes digital to enhance food security
Minister of agriculture Calle Schlettwein this week officiated the launch of the pilot electronic voucher (e-voucher) system for the Build Back Better urban agriculture programme.
4Sight broadens African network with Nam office
Johannesburg Stock Exchange-listed South African technology company 4Sight has confirmed it will be extending its presence and making available all the group’s technology offerings in Namibia, officially expanding the 4Sight regional office in Windhoek.
Blister copper remains Namibia’s largest export
Blister copper remained Namibia’s largest export commodity during December 2021, accounting for 34.4% of total exports mainly destined to China.
Oryx improves liquidity
The latest annual report from Oryx Properties Limited and its subsidiaries for the end of the 2021 financial year shows overall liquidity improved by 144% from N$108 million in 2020 to N$264 million.









