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Namibia to host Africa’s leading cybersecurity gathering
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Namibia to host Africa’s leading cybersecurity gathering

Namibia is set to once again take a leading role in shaping Africa’s digital future by hosting the Namibia International Cybersecurity Conference & Exhibition (NICSC) 2026, scheduled for 22 to 24 April 2026 at Arebusch Travel Lodge in Windhoek.  The aim of the event is to strengthen cyber resilience, improve digital trust, and promote collaboration...

NORED workers go six years without pay increase 
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NORED workers go six years without pay increase 

Employees of the Northern Regional Electricity Distributor (Nored) have gone six years without a wage increase. This is despite several meetings and discussions held through recognised union structures.  The Mineworkers Union of Namibia (MUN) has strongly criticised Nored, its executive management, and its Board of Directors. In a recent statement, the union condemned the attitude...

Venezuela moves to boost economy
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Venezuela moves to boost economy

CARACAS – Venezuela said on Tuesday it would start using revenues from a US-brokered oil sale to shore up its battered currency, as families waited in anguish for more prisoners to be released.  Interim president Delcy Rodriguez confirmed that her country had received US$300 million from Washington’s sale of Venezuelan crude and said she would...

Uaandja appointed Emeralds and Platforms’ executive director 
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Uaandja appointed Emeralds and Platforms’ executive director 

Former chief executive officer (CEO) of the Namibia Investment Promotion and Development Board (NIPDB), Nangula Uaandja, has been appointed as the new executive director of Emeraldsand Platforms, effective 1 July 2026. Uaandja takes over the position from Albe Botha. Emeralds and Platforms is a diversified investment group with interests in media, financial services, logistics and...

EU chief vows ‘massive’ Greenland investments
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EU chief vows ‘massive’ Greenland investments

DAVOS – EU chief Ursula von der Leyen said yesterday the bloc plans “massive” investments in Greenland, as it seeks to counter US president Donald Trump’s threats to take the autonomous Danish territory in the name of securing the Arctic. “We are working on a massive European investment surge in Greenland,” von der Leyen told...

Global tourism hit new record level in 2025: UN
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Global tourism hit new record level in 2025: UN

MADRID – Global tourism hit a new record level in 2025 with 1.52 billion international tourist arrivals recorded worldwide, driven by strong increases in Asia and Africa, UN Tourism said on Tuesday. “Demand for travel remained high throughout 2025, despite high inflation in tourism services and uncertainty from geopolitical tensions,” the secretary general of the...

European stocks sink, gold hits high on tariff fears
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European stocks sink, gold hits high on tariff fears

LONDON – European stock markets slid further yesterday, while precious metals hit fresh peaks on fears of a US-EU trade war fuelled by Donald Trump’s tariff threat over opposition to his grab for Greenland. Asia’s main equity indices closed mixed, while US equity futures were sharply down, suggesting sizeable losses on Wall Street when it...

DBN posts 42% profit jump, secures major funding … official opposition questions development impact
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DBN posts 42% profit jump, secures major funding … official opposition questions development impact

The Development Bank of Namibia (DBN) has reported a strong financial performance for the 2024/25 financial year, posting a 42% increase in operating profit to N$88.3 million, while securing significant new international funding lines and advancing its long-term strategic transformation.  In DBN’s newly released 2024/25 Integrated Annual Report (IAR), the financial results mark the first...