Hilya Mhani In today’s interconnected world, digital literacy is a fundamental skill required in all areas of life. As an Authority, the Communications Regulatory Authority of Namibia recognises the transformative power of digital literacy. It extends beyond basic technology use to include critical navigation, evaluation and creation of information on digital platforms. Digital literacy encompasses...
Business
Namibia assumes chair of SACU Summit
Namibia yesterday assumed chairmanship of the oldest customs union summit in the world, the Southern African Customs Union (SACU). Namibia took over the reins at the SACU Summit, Council of Ministers and Commission, effective 15 July 2024 to 14 July 2025. Namibia took over from the Kingdom of Lesotho, who held the SACU chair from...
Targeted strategy crucial for local content policy …natural resources belong to State, must benefit citizens
A business symposium held at Walvis Bay last week enabled industry leaders and key stakeholders to address challenges and opportunities of Namibia’s promising oil and gas sector. The symposium was hosted by the Namibia Chamber of Commerce and Industry (NCCI), and took place under the theme “Championing Namibia’s Local Content for Diversity, Inclusion and Sustainable Economic...
Turkey charms Chinese investors
ANKARA – Turkey plans to draw on its geographical position and an EU customs deal to entice Chinese investors keen to access European markets tariff-free, as it recently just did with carmaker BYD. The Chinese electric vehicle giant signed a billion-dollar deal with Ankara on Monday to open a plant in western Turkey, promising to...
CEO of your career – It’s never too late for career and personal mentorship
Entering the professional world can feel like embarking on a vast, uncharted journey. For young professionals, emerging leaders and recent graduates, the path ahead often seems daunting. The pressure to succeed, coupled with the uncertainty of which steps to take, can be overwhelming. This is where the invaluable role of career mentorship comes into play....
Namfisa picks Hawanga to oversee capital markets
The country’s non-banking financial institutions and financial services’ watchdog has appointed Imanuel Hawanga as general manager for capital markets. The appointment by the Namibia Financial Institutions Supervisory Authority (Namfisa) is effective from 3 June 2024. Hawanga holds a Master of Science in International Banking and Finance degree from the University of Salford, Manchester, a postgraduate...
Inflation eases more rapidly than expected – SS …easing in essential goods but rising costs for services and transport
Stock brokerage Simonis Storm (SS) projects that with stable consumption spending, the domestic economy could experience a more balanced inflationary environment, which would in turn foster sustainable economic growth for the remainder of the year. This is as the domestic annual inflation rate continues to ease more rapidly than anticipated. SS has maintained its forecast...
PAP member states urged to unite
Noreen Sitali THE official closing of the third ordinary session of the sixth Pan-African Parliament marked a unified occasion at the parliament’s headquarters in Midrand, South Afric, last week, as members reflected on Africa’s pressing issues for resolutions and recommendations. Pan-Af r i can Parl iament president Fortune Charumbira urged member states to unite, and...
Nedbank uncovers oil and gas financing connections
Nedbank Namibia recently hosted another successful evening of industry discussions, this time bringing together an inspiring cohort of industry leaders and government officials in the oil and gas industry. The engagement served as a platform to cultivate collaborations among regional neighbours, government entities and Namibia’s major oil and gas industrial sectors, allowing them to discover...
Sanlam expands footprint in northern Namibia
Sanlam has opened two branches at Eenhana and Omuthiya in northern Namibia, and this marks a significant milestone for the company as it expands its reach and services to better serve all communities in the country. “These new branches are a testament to Sanlam’s commitment to providing top-notch insurance and financial solutions tailored to meet...