Eleven years ago, Wentworth Shipanga saw a gap in his community and decided to turn his skills into a business. Today, his company, Comfort Zone Trading CC, is a growing enterprise that specialises in large-format printing, design and clothing products. Shipanga started his business in 2014 with a simple vision, to create a brand that...
Small and medium enterprises (SMEs) are often called the backbone of Namibia’s economy. They create jobs, support households, and drive innovation in local communities. Yet behind the statistics are thousands of entrepreneurs battling financial pressures, high operating costs, and regulatory hurdles. Namibia has an estimated 40 000 SMEs, which together contribute about 12% to the...
Namibia’s green hydrogen project is slowly coming to light, but experts say the industry is still risky and still in its early stage. Last week, Namibia officially opened Africa’s first large-scale solar-powered green hydrogen facility under Cleanergy Solutions Namibia. In April, President Netumbo Nandi-Ndaitwah inaugurated the first N$600-million HyIron Oshivela Green Hydrogen Plant. Economist Rowland...
FNB Namibia analysts have revised their inflation trajectory marginally lower, now predicting headline inflation to reach 3.5% year-on-year (y/y) by December 2025. This is slightly lower than FNB’s earlier projection of 3.7% and comes as the latest Consumer Price Index (CPI) shows that headline inflation slowed to 3.2% y/y in August 2025, from 3.5% in...
Namibia’s overall investment climate is improving, but the lack of growth in non-mining sectors poses a long-term risk to employment and economic stability, economist Rowland Brown warned on Friday. Namibia’s mining sector is a cornerstone of its economy, contributing about 50% of merchandise exports and 12% of Gross Domestic Product (GDP), driven by diamonds, uranium,...
The Electronic Transactions Act (Act No. 4 of 2019) gives legal recognition to electronic communications and transactions. It ensures that electronic signatures hold the same weight as traditional handwritten signatures. In this regard, Salt Essential IT, in partnership with leading regulatory and technology experts, recently hosted an exclusive E-Sign Breakfast at the Avani Stratos. The...
The German government has approved an additional €2 million (about N$40 million) in funding to strengthen Namibia’s pioneering green hydrogen initiatives, with a focus on transport innovation and skills development. Announcing the commitment, Florian Seitz, Chargé d’Affaires of the Embassy of the Federal Republic of Germany, said the funding will help demonstrate real-world applications of...
Minister of Information, Communication and Technology Emma Theofelus on Friday launched the MTC eSIM card in Windhoek, as the Namibia Tourism Board (NTB) and Mobile Telecommunications Ltd (MTC) signed a Memorandum of Understanding (MoU) to drive digital transformation in the country’s tourism sector. The eSIM – short for embedded SIM, drops the need for physical...
The much-awaited Goreangab Mall is scheduled to open in May next year. The new retail development in an area historically underserved by formal commercial infrastructure will span 14 500 square metres and accommodate over 40 tenants, including anchor retailer Shoprite. The new retail development, eagerly anticipated by residents in the surrounding communities, is part of...
The communications authority has cautioned that the circulation of private content without consent constitutes a criminal offence only when it breaches the provisions of the Communications Act. Violations of the Act provisions can lead to serious legal consequences, including imprisonment for up to five years, a fine of up to N$20 000, or both, according...