The industrialisation and trade ministry has extended its warmest congratulations to minister Lucia lipumbu on being awarded the Africa Trade and Investment Minister of the Year 2024 at the 14th African Business Leadership Awards (ABLA) in London, England on Wednesday. “This prestigious award is testament to her unwavering commitment to fostering trade, enhancing investment opportunities,...
Business
BW Energy buys stake in ReconAfrica
Canadian oil explorer Reconnaissance Energy Africa (Recon) and Norwegian-listed BW Energy have struck a deal for an onshore drilling campaign in northeastern Namibia. The deal means ReconAfrica is selling a 20% working interest in its exploration licence onshore Namibia, to BW Energy, in exchange for total potential consideration of US$141 million (about N$2.5 billion) According...
Opinion – Common ways people become cyber threat targets
In today’s digital era, the risk of cyber-attacks is a significant concern as bad actors aim to exploit vulnerabilities present in our online interactions. There are several ways in which individuals can inadvertently become targets for these threats, whether through negligence, lack of knowledge or simply by oversight. Cybercriminals utilise a variety of tactics to...
Labour commissioner’s office consults on business process re-engineering
The Office of the Labour Commissioner recently conducted a stakeholders’ engagement on Business Process Re-engineering (BPR) as a comprehensive initiative to improve its service delivery. This initiative aims to address longstanding challenges, and enhance the efficiency and effectiveness of labour dispute resolution in Namibia, while also providing stakeholders with a platform to identify bottlenecks that...
Hapulileís business acumen recognised in Nigeria
A young Namibian entrepreneur, Ndahafa Hapulile, was recently propelled to the forefront of African success stories when she was awarded a Royal African medal, and inducted into the Yoruba Royal Court in Nigeria. The award was bestowed on her as part of an initiative of the Royal African Young Leadership Forum (RAYLF), one of the world’s...
Equities mixed, dollar up after Wall St record
HONG KONG – Markets fluctuated yesterday as rising expectations that Donald Trump will return to the White House played up against fresh hopes that the Federal Reserve will cut interest rates at least once this year. Traders struggled to extend gains on Wall Street, where the Dow chalked up its first record since May, while...
Ethiopian awarded for outstanding Covid response
Ethiopian Airlines, Africa’s most successful airline, was awarded the prestigious Global Recognition and Appreciation Award at the First International Post-Covid Conference held in Toronto. The accolade acknowledges Ethiopian Airlines’ pivotal role in distributing emergency gear throughout Africa during the Covid-19 pandemic, ensuring the delivery of essential medical supplies and saving countless lives. The conference was...
Professional communicators forum launched in the capital
The Namibia Professional Communicators’ Forum was officially launched in Windhoek on Monday, 15 July. The forum, a new platform open to all, is designed to bring together industry leaders, seasoned professionals and enthusiastic newcomers, fostering collaboration, innovation and professional development in the field of communication. The forum aims to be a dynamic space where communicatios...
CRAN hosts Africa telecommunications meetings …sustainable development will require a connected continent
The Communications Regulatory Authority of Namibia (CRAN) is hosting the African Telecommunications Union (ATU) meetings from 15 to 19 July 2024. The meetings include the first African Preparatory Meeting (APM26-1) for the International Telecommunication Union (ITU) Plenipotentiary Conference in 2026 (PP-26), and the second African Preparatory Meeting for the ITU World Telecommunication Development Conference in...
Don’t leave workers behind in green transition: Ramaphosa
PRETORIA – South Africa’s president Cyril Ramaphosa reaffirmed yesterday the coal-dependent nation’s commitment to moving towards renewable energy, but insisted that communities and workers must not lose out. Africa’s most industrialised economy is one of the world’s largest greenhouse-gas emitters, relying on coal for 80% of electricity-generation. The fossil fuel is a bedrock of the...