The Board of Directors of the Bank of Namibia yesterday praised the governor of the central bank Johannes !Gawaxab, for his dedicated leadership during his tenure. This follows an unexpected announcement that the governor will vacate his post at the end of this year. The board cited inflation that remained well contained during his tenure,...
Rosh Pinah Zinc Corporation (RPZC) and Namitvest have formalised a Payroll Deduction Agreement to allow Mine Workers Union of Namibia (MUN) members employed at RPZC to purchase Namitvest shares through automated salary deductions. Rosh Pinah Zinc is a long-established zinc mine located in the southwest of Namibia and employing a significant number of MUN members....
Thomas Kanime, the founder of Kaashi-o Printing Shop and Kaashi Café, built his business from simple beginnings, strong discipline, and a desire to serve his community. Although Kaashi-o Printing Shop opened just over three years ago, the idea started long before that. Kanime worked for more than six years in the printing and office environment....
Adding lashes on top of existing lashes has become more than just a beauty routine for many young women; it has evolved into a form of therapy. In a country where the unemployment rate sits at nearly 40%, small beauty services like lash extensions are helping young people find a way to survive, earn extra...
Ethiopian Airlines, Africa’s largest carrier, will soon purchase 11 additional 737 MAX jets from Boeing. The order for 11 B737-8s, signed at the Dubai Airshow on Monday, is intended for Ethiopian Airlines to expand its regional and international networks and grow its Addis Ababa hub. “We are thrilled to be announcing our agreement with Boeing...
Ministers and high-level government officials formally opened the World Telecommunication Development Conference (WTDC-25) this week with statements on how to ensure everyone around the world benefits from digital technologies. Organised by the International Telecommunication Union (ITU) and hosted in Baku by the Government of Azerbaijan, WTDC-25 focuses on the push for universal, meaningful and affordable...
An analysis conducted by the Bank of Namibia shows that a lower inflation target of 3% in South Africa will lead to low and stable long-term inflation in Namibia, which is beneficial for price stability. The Bank of Namibia states that the eventual decline in inflation is expected to cause a reduction in interest rates...
The European Union (EU), in collaboration with the Port of Rotterdam and Namibia Ports Authority (Namport), signed a N$13 million agreement to support the planning of the Lüderitz Port expansion at Angra Point. According to Martijn Coopman, Programme Manager of International Hydrogen Supply Chains at the Port of Rotterdam, this initiative builds upon the existing...
Cabinet has not approved a transaction for Namibia to purchase a part of the De Beers Group, the world’s leading diamond producer, which is currently owned by Anglo American (85%) and the Government of the Republic of Botswana (15%). This is despite a media report last week, titled ‘Cabinet agrees to De Beers equity acquisition’...
Deep Yellow Limited, an Australian stock exchange-listed uranium developer, has appointed Zebra Kasete as Managing Director of its Namibian operations, effective 5 January 2026. In this role, Kasete, who will report to the Managing Director and CEO of Deep Yellow, will support the construction of the Tumas Project and be responsible for managing the Namibian...