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Environmental fund secures access to global climate finance
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Environmental fund secures access to global climate finance

The Environmental Investment Fund (EIF) of Namibia has been accredited as a National Implementing Entity (NIE) of the Adaptation Fund. According to the statement issued by CEO Benedict Libanda, the accreditation, confirmed during the intersessional period between the Adaptation Fund Board’s forty-fourth and forty-fifth meetings through Decision B.44-45/10, positions the EIF to access and manage...

Continental women’s network aims to boost trade
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Continental women’s network aims to boost trade

A game-changing initiative in African trade was officially unveiled at the inaugural Global SME Ministerial Meeting held in Johannesburg last week. The Continental Network for Women’s Business Associations in Africa, (CONWOBAA) aimed at promoting intra-African trade, brought together over 100 women’s business associations from West Africa, North Africa, Indian Ocean, Central Africa, East Africa, and...

Financial strategy a development gateway
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Financial strategy a development gateway

The Bank of Namibia, in collaboration with the Ministry of Finance and the Namibia Financial Institutions Supervisory Authority (Namfisa), recently launched the Namibia Financial Sector Transformation Strategy (NFSTS) 2025–2035. The national strategy sets the course for a modern, inclusive, and future-ready financial system that serves the development needs of all Namibians. The strategy represents a...

Moody’s upgrades Turkey’s long term debt rating
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Moody’s upgrades Turkey’s long term debt rating

NEW YORK – Moody’s has raised Turkey’s long-term debt rating one notch up, from B1 to Ba3, with a stable outlook, though it remains in speculative territory, the rating agency said. Moody’s justified its decision on Friday by citing effective economic policies that have helped restore investor confidence in the Turkish lira. It also highlighted...

Starlink internet sees hours long global outage
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Starlink internet sees hours long global outage

WASHINGTON – SpaceX chief Elon Musk’s Starlink satellite internet service experienced an hours-long global network outage last week, which executives attributed to a key software issue.  The service interruption was announced on X at about 20h00 GMT on Thursday by Starlink’s official handle. Users in the United States and Europe began reporting problems with the...

Safeguarding cybersecurity to prevent digital crimes
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Safeguarding cybersecurity to prevent digital crimes

David Adetona The Namibia International Cybersecurity Conference and Exhibition 2025 recently took place in the capital to address and combat digital threats.  The event brought together industry experts, government representatives, and technology professionals to discuss emerging trends, challenges, and innovations in cybersecurity. Key topics addressed included cyber threat intelligence, harmful virus, data protection regulations, and...

Marketers urged to diversify approaches
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Marketers urged to diversify approaches

Rudolf Gaiseb Local marketers have been urged to broaden their marketing tools and strategies for their brands to survive and thrive in the era of digital dominance. This was said during the second Annual Namibia Marketing Renaissance Conference hosted in Windhoek on Wednesday. Tulip Media Consultancy founder Albertina Kashuupulwa said many local businesses still opt...

Upgraded money series was a necessary step – NNN …designed to be durable, secure and prevent counterfeiting
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Upgraded money series was a necessary step – NNN …designed to be durable, secure and prevent counterfeiting

The upgraded Namibian banknotes and coins unveiled on Wednesday evening by President Netumbo Nandi-Ndaitwah are a necessary step, given the country’s banknotes were last updated in 2012 while the domestic coin series has remained unchanged since 1993. As such, the updated currencies, expected to go into circulation next month, have been designed to meet the...