Adolf Kaure The Namibia Food and Allied Workers Union (Nafau) and the fast-food chain Hungry Lion signed an agreement on Tuesday in Windhoek to increase wages and revise working conditions. The agreement prevented the labour dispute from escalating into a strike. Nafau deputy secretary general, Willem Absalom, expressed his appreciation to the negotiation team, the...
Small traders operating at the busy Havana four-way-stop in Windhoek said road construction and a lack of trading facilities are making it difficult and unsafe for them to run their businesses. Lydia Malakia, a vendor at the informal settlement’s stop, has built a small stand that operates like a mini market. The business, which started...
Across the world, women are reshaping economies. According to global entrepreneurship data, women started almost half of all new businesses in 2024, marking a 69% rise since 2019. Sub-Saharan Africa now holds the highest female entrepreneurial activity rate globally at 26%, according to the Harvard University Centre for African Studies. This surge reflects extraordinary ambition,...
Namibia’s public debt position has shown a short-term improvement after the redemption of the country’s Eurobond and partial repayment of the International Monetary Fund’s Rapid Financing Instrument. However, economists warn that the pressure on government finances remains high. In its latest budget review, First National Bank Namibia economist Cheryl Emvula stated that the country’s debt-to-GDP...
Namibia’s economy is forecast to grow more rapidly over the next decade, primarily due to mining and the emerging oil and gas sector, as the country’s economic outlook continues to improve. Jason Kasuto, managing director of Monasa Advisory and Associates, expressed during the Namibia Institutional Investors Forum 2026 recently, in the capital, that stronger domestic...
As private healthcare costs continue to rise at a rate that outpaces inflation and salary growth, Hollard Namibia has launched Hollard Gap Cover – an increasingly essential financial safeguard. Medical aid often covers the basics, but it does not always cover the full cost of healthcare services. When this happens, members may face shortfalls between...
For many people growing up in northern Namibia, the Kalahari melon was just another plant in the fields, growing freely in the sandy soil and often ignored. Today, the plant has become the heart of Job Nghipandulwa’s business, Nalago Skincare. “Growing up in northern Namibia, I learned early that the land gives what it can....
One of the most important economic bridges between the United States (US) and Africa could face its most serious test in more than two decades. This is because Namibia has sounded the alarm over the sweeping new US tariffs, warning these could undermine one of the most important trade lifelines linking Africa to the lucrative...
Namib Mills said it is ready to conclude a wage agreement and allow workers to return to work following months of industrial action that have disrupted operations at one of Namibia’s largest food producers. The company and the Namibia Revolutionary Transport and Manufacturing Union (Naretu) have been locked in a wage dispute since early January...
The Namibia Revenue Agency (NamRA) and several key State institutions have signed a new framework to improve coordination at Namibia’s borders and reduce delays in the movement of goods. The Inter-Agency Standard Operations Framework for Coordinated Border Management was signed in Windhoek last week, bringing together crucial authorities responsible for border control, trade and security....