The Old Mutual Foundation has revealed the top three entrepreneurial champions from the Otjozondjupa region in the concluding chapter of the Old Mutual Sustainable, Economic and Empowerment Drive (OM SEED). These driven individuals stood out for their innovation, community value, and determination to grow small businesses into engines of local opportunity. Taking the top spot...
FRANKFURT – A new trade deal struck between the United States (US) and European Union (EU) is good news despite fears it is unbalanced, Mercedes-Benz said yesterday after the German carmaker reported a tariff hit of hundreds of millions of euros in the second quarter. “I have respect for what the EU commission and (trade...
Nedbank has announced its role in empowering Namibian owned-managed businesses through the inaugural Nedbank Future of Business Conference, set for 21 August 2025, at Droombos. The conference aims to address critical areas for business growth, including leadership, communication, human resources and IT. Nedbank stated the conference is tailored for forward-thinking SMEs, emerging startups, and established...
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...
Born in Otjiwarongo and raised in Windhoek, Jenita Amupolo (19) is not your typical teenager. While many her age are still figuring out what they want to do, she is already running her own growing nail business, Nails By Dulla. She is doing it with pride, purpose and polish. Amupolo was raised in a family...
At just 26 years old, Ilona Shivute is breathing new life into dirty tekkies. She is not only pursuing a healthcare career but also walking confidently in the shoes of a determined entrepreneur. In a world where many young people struggle to find stability, she is building hers one pair of clean shoes at a...
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...
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...
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...
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...