Internet speeds in towns and settlements such as Maltahöhe, Rietoog, Stampriet, Aranos, Oshifo, Khorixas, Tsandi, and Otavi are about to sour to unbelievable heights after Mobile Telecommunications Limited (MTC) connected residents in these areas to its fixed internet service offering called Spectra. “As part of our commercial strategy, MTC will be in the coming months,...
LONDON – Rush-hour commuters faced chaos yesterday as staff on the London Underground train network staged a five-day strike, shutting stations and forcing people to work from home or use alternative modes of transport. Thousands queued to try and get on crammed buses while others reluctantly walked or cycled.Transport for London (TfL), which manages the...
BERLIN – Displaying one of her company’s hot plates proudly labelled “Made in Germany”, Sigrid Klenk concedes that maintaining production at home could become harder due in part to US tariffs. Continuing to make goods in Germany “is becoming less and less simple,” Klenk, boss of the small firm Rommelsbacher, said at the IFA consumer...
Aviation is not merely a mode of transport but it is actually a strategic enabler for development. However, fragmentation and high costs continue to hold back aviation’s potential in Africa, as evidenced by the fact that it is often easier to fly to another continent than between two African countries. This lack of connectivity is...
The country’s first mobile service provider, MTC has responded to customers with a decision to remove the limit on the number of concurrent prepaid subscriptions one can have. Previously, customers could only have up to three active subscriptions, which at MTC is referred to as Aweh. “The removal of the Aweh subscription limitations was a...
Namibia recorded a trade deficit of N$58 million in July 2025, marking a decline from a surplus of N$856 million recorded in June, but reflecting an improvement compared to the N$2 billion deficit registered in July 2024. This is according to Statistician-General and Namibia Statistics Agency CEO, Alex Shimuafeni, whose latest trade report highlighted blankets...
Of the N$106 billion national budget government announced for the current financial year, a significant amount representing billions of dollars will be spent on goods and services procured from the private sector. This substantial procurement, about 25% of Namibia’s GDP, is subject to stringent rules by the Procurement Policy Unit (PPU) in the finance ministry. ...
First National Bank Namibia (FNB) has reported that Private Sector Credit Extension (PSCE) held steady in July 2025, with business credit continuing to be the primary contributor to PSCE growth, although it decelerated slightly to 10.1% year-on-year (y/y) in July from 10.6% y/y recorded in the previous month. Meanwhile, household credit showed a marginal improvement,...
Civil servants, most of whom are members of the Government Institutions Pension Fund (GIPF), will be able to use a portion of their pensions to either build a house or make improvements to existing properties by January next year. This is after the highly anticipated government approved scheme was made official this week during a...
The Namibia Chamber of Commerce and Industry (NCCI) Secretariat recently elected Lüderitz branch leadership for the next two years. The branch will be led by Alex Gawanab as chairperson and Daniel Hooft as vice chairperson. Both men are well-regarded figures in the Lüderitz business community, representing the fishing industry and the emerging kelp-linked sector, respectively....