Not every entrepreneur starts off with a booming business and instant profits. For many, the road to success is paved with patience, persistence and small victories. Founder of TFY Investment, Johanna Shinana, turned humble beginnings and unemployment into a dream she has always wanted to be ‘a business owner’. What began as a one-woman operation...
30-year-old Paulus Ndala, who began selling vegetables at the Khomasdal circle in 2018, is faced with unemployment and mounting family responsibilities. He says he was forced to start his business to keep his household afloat. His day starts at 07h00, as he goes to the supermarket to order tomatoes, onions and eggs. “Life has forced...
TOKYO – A Japanese utility said yesterday it was taking an initial step towards building the nation’s first new nuclear reactor since the Fukushima nuclear plant disaster more than a decade ago. After the 2011 tsunami and meltdown at the Fukushima Daiichi nuclear plant, Japan shut down all of its nuclear reactors, with the public...
The Communications Regulatory Authority of Namibia (CRAN) has reaffirmed its commitment to enhancing regulatory effectiveness as one of its strategic objectives to foster a safer, more sustainable digital environment for all Namibians. A key initiative in this pursuit is the development and advocacy of a responsible and safe electronic waste (e-waste) disposal plan, an essential...
LONDON – BP on Monday named Albert Manifold as its new chairman, replacing Helge Lund, as the British energy giant undergoes a major strategy shift back to its fossil fuel business. Manifold, who was chief executive of building materials group CRH for a decade, will join the board in September before succeeding Lund as chairman...
Telecom Namibia and the Usakos Town Council yesterday announced a ground-breaking Memorandum of Understanding (MOU) aimed at advancing Usakos towards becoming a smart city. This partnership marks a significant step in the town’s digital transformation, promising enhanced connectivity, economic growth and an improved quality of life for its residents. The MOU outlines a shared commitment...
More than half of Namibia’s working population is under severe financial stress. This was revealed at a masterclass hosted by Old Mutual on Friday, which brought together journalists and media professionals to strengthen financial reporting. The national survey paints a picture of both resilience and risk, as many households stretch their incomes through side hustles...
Banking is no longer a choice between a branch or ATM (physical) and a mobile app or internet banking (digital); customers expect both, woven seamlessly together. According to a recent study in the UK, four in 10 customers would switch banks if they cannot speak to a real person when they need help (Banking on...
FRANKFURT – The European Central Bank is set to hold interest rates for the first time in almost a year when policymakers meet this week, despite concerns over the potential impact of higher US tariffs on the eurozone economy. The 26 members of the ECB’s governing council will meet just over a week before an...
Rauna Kalola The Ministry of Information and Communication Technology (MICT), recently hosted a major stakeholder consultation in Erongo, spotlighting the region’s central role as Namibia’s ICT connectivity hub. The session brought together regional leaders and key ICT stakeholders to discuss network coverage, digital literacy, access to information, and broadcast infrastructure. Erongo’s coastal location makes it...