FNB Namibia and RMB Namibia recently launched the Exchange Control (ExCon) Scenarios Booklet at the Namibia International Energy Conference (NIEC) 2026, reinforcing their commitment to enabling regulatory clarity and supporting crossborder business activity in Namibia. The ExCon Scenarios Booklet was developed in collaboration with the regulator, the Bank of Namibia and key stakeholders. It provides...
LONDON – Britain’s annual inflation rate jumped to 3.3% in March as the Middle East war sent oil and gas prices surging, official data showed yesterday. The Consumer Prices Index (CPI) increased from 3.0% in the 12 months to February, the Office for National Statistics said in a statement. “Inflation climbed in March, largely due...
Ethiopian Airlines and Boeing have announced the purchase of six 787 Dreamliner jets as the airline fully exercises commitments from its 2023 landmark order. Ethiopian Airlines will use the 787-9 jets to expand its intercontinental network from Addis Ababa and increase cargo capacity as demand for long-haul travel continues to rise. “Converting the options of...
SEOUL – A notorious North Korean hacking group is likely behind the theft of nearly US$300 million in cryptocurrency over the weekend, an affected party has said, in the biggest known crypto heist this year. It is the latest such incident linked to North Korea, whose sophisticated cybercrime programme uses stolen cryptocurrency to help fund...
Pinehas K Pinehas Young entrepreneur Alicia Fillipus is contributing to skin care innovation in Namibia with MsWhiteGlow Skincare, products that cater to everyone. In an exclusive sit down with New Era’s SME Spotlight, Fillipus explained how she became inspired to create the brand. “I have been struggling to get a simple skincare product or products...
GOBABIS – Poultry farming is becoming a lifeline for many young Namibians as jobs remain scarce and the cost of living continues to rise. In the Omaheke region, Sheirly Katuuo is among those turning to agriculture to earn a living and support their families. The Namibia University of Science and Technology student runs a small...
HONG KONG – Oil prices fell yesterday while stocks rose on lingering hopes for a deal to end the US-Iran war and reopen the Strait of Hormuz, even as Tehran said it had not decided whether to attend peace talks. With the end of a two-week ceasefire approaching, the White House said Vice President JD...
Bank Windhoek became the first in the country to introduce WhatsApp Banking, building on a track record of digital innovation that includes the country’s first cell phone banking launch in 2006. The bank launched its WhatsApp Banking channel on Monday. The brand-new digital service is designed to make everyday banking simpler, more accessible and available...
Nedbank Namibia has been awarded the 2025 Straight Through Processing (STP) Award by Commerzbank AG, reinforcing the bank’s position as a trusted, internationally connected financial institution. This award recognises Nedbank Namibia’s ability to deliver reliable cross-border payment services. The Commerzbank STP Award is granted annually to a limited number of correspondent banking partners worldwide that...
Edgar BrandtAuleria Wakudumo Long regarded as the gold standard for Africa’s road infrastructure, Namibia is doubling down on innovation to protect that status, as the Namibia University of Science and Technology (NUST) and the Road Fund Administration (RFA) sealed a landmark N$10 million research partnership aimed at future-proofing the country’s road network. Instead, the country...