Namibia’s long – term economic success crucially depends on a well-managed and innovative transportation system. In this regard the newly appointed Transportation Commission is expected to play a critical role in achieving this goal through effective regulation, strategic oversight, and fostering industry innovation. The new appointments mark a new chapter for domestic transport governance, with...
Small and medium enterprises (SMEs) are the backbone of Namibia’s economy. They create jobs, support families and help drive local development across the country. However, many of these businesses face challenges that limit their growth. The Ministry of Industries, Mines and Energy, through its Industrial Development Directorate, plays an important role in helping these enterprises...
Bianca Uapunduka, a 36-year-old accountant and entrepreneur, has proven that with discipline, determination and faith, it is possible to build a thriving business empire without any financial assistance or loans. Today, she owns three growing businesses, all of which were self-funded and developed from the ground up. After completing secondary education at Immanuel Shifidi Secondary...
The growing cost of transport was the main driver of Namibia’s inflation increase in September, according to Helena Mboti, Economist at First National Bank Namibia. Speaking on the latest inflation figures, Mboti noted that the jump was “mainly driven by higher inflation in the transport category, which saw prices rise by 1.3% year-on-year, after falling...
Namibian youth will soon benefit from academic and industrial training initiatives targeting the imminent development of a local upstream oil and gas sector. This is after Namibia’s Petroleum Training and Education Fund (PetroFund) jointly announced the signing of a Memorandum of Understanding (MoU) with McDermott International to invest in the next generation of Namibian youth. ...
An online survey has found that most government employees want to see the Payroll Deduction Management System (PDMS) improved rather than shut down. About three-quarters of those who took part said the system helped them avoid falling into too much debt by making loan repayments easier to manage. The survey was conducted by Fin Fit...
The slow pace of global airplane production is estimated to cost the aviation industry more than US$11 billion (about N$189 billion) in 2025. Challenges within the aerospace industry’s supply chain are delaying production of new aircraft and parts, resulting in airlines around the world reevaluating their fleet plans and, in many cases, keeping older aircraft...
The Communications Regulatory Authority of Namibia (CRAN), in a radical step towards bridging the digital divide between urban and rural communities, recently donated eight computers and upgraded internet speeds to 50 Megabits per second (Mbps) to the Gochas and Koёs libraries in southern Namibia. This is as access to technology is no longer a privilege,...
The future of the Namibia Investment Promotion and Development Board (NIPDB) is under review, with the possibility that the institution may be disbanded or restructured. This is according to a report from the Institute for Public Policy Research (IPPR). Before any changes are made, the report states policymakers must first ask a deeper question, namely...
Namitvest has officially signed a Payroll Deduction Agreement with local food retailer Spar Oranjemund. The new agreement enables Spar employees to invest directly in Just Transition Investments (JTI) Public Company through automated salary deductions. The initiative is part of Namitvest’s ongoing commitment to empower members of the Mineworkers Union of Namibia (MUN) to build generational...