Dalene Kooper In Okakarara, south-east of the Waterberg Mountain in Otjozondjupa, Maita Kalenga believed she would only work for others in a salon to make a living. However, the lack of hair salons in Okakarara pushed her to enter the market and establish her business, ‘Maita Authentic Beauty Palace’. “I thought I would just go...
The country’s micro, small and medium enterprise (MSME) sector has received a major boost while structured pathways for graduate and intern employment has been created within the private sector. This is a result of the recent signing of a three-year Memorandum of Agreement (MoA) between the Namibia Chamber of Commerce and Industry (NCCI) and the...
The Governor of the Bank of Namibia, Ebson Uanguta, last week discussed Namibia’s preparations for commercial oil production. Although the latest dates for the country’s expected oil production are in 2029 or 2030, the central bank has already engaged African central banks on the subject during a series of strategic engagements. The central bank discussions...
ABIDJAN – Junta-run Niger on Monday announced a series of agreements with Chinese firms to facilitate oil production and export after months of tension. Niger’s military regime, which came to power in a coup in July 2023, is seeking to exert more control over its natural resources, especially oil and uranium. Tensions had risen over...
Adolf Kaure Ongwe Minerals have confirmed that the bedrock drilling at the Manga gold prospect is a well-defined, 2km long, in-situ gold anomaly with the rig still active at the eastern extension of the Manga prospect. This was confirmed during a recent statement by Ongwe Minerals reporting on results from the Manga prospect bedrock drilling...
LONDON – British bank Standard Chartered yesterday said that it planned to axe thousands of jobs by 2030 as artificial intelligence replaces employees in a range of administrative roles. “Our next phase of our growth will be supported by a simpler, faster and more connected operating model,” the Asia-focused lender said in a statement. “We...
A registered training and consulting business in northern Namibia has introduced a structured model that links childcare training directly to paid job placements, while setting strict intake and assessment rules for students. Tuko-Kau HR Consulting and Training Hub said its Elite Care Academy is designed to professionalise domestic work by training caregivers and placing them in...
Owning a house is becoming more difficult for many Namibians as property prices continue to rise faster than incomes. The latest First National Bank Namibia House Price Index for the first quarter of 2026 shows that the average house in Namibia now costs N$1.44 million, up from N$1.34 million recorded in the same period last...
Bank Windhoek has secured three major titles at The European Global Business Awards 2026. In a statement, the bank notes that this is a powerful international endorsement of its leadership, national relevance and unwavering commitment to responsible, client-centred banking in Namibia. The bank was honoured with awards for Socioeconomic Impact in Namibia, Corporate Banking Excellence,...
The northern town of Otavi is positioning itself for a new phase of economic expansion, with plans for fully serviced suburbs, a university satellite campus and renewed cooperation with the mining sector expected to inject fresh momentum into the town’s economy. According to the acting chief executive officer of the Otavi Town Council, Heita Shikeenga,...