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EAN zooms in on venture capital, private equity
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EAN zooms in on venture capital, private equity

In an era where Venture Capital (VC) and Private Equity (PE) have accelerated business growth, created jobs and fostered innovation across the world, the Economic Association of Namibia (EAN), in partnership with the Hanns Seidel Foundation (HSF), recently hosted a public discussion under the theme ‘Investing in Potential: How Venture Capital & Private Equity Can...

Nekundi launches government e-stores 
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Nekundi launches government e-stores 

Guarding against theft, rooting out corruption, prioritising local procurement and generally enhancing efficiency in government procurement and supply chain management are some of the benefits anticipated from Friday’s launch of the Government E-Stores Platform.  The new digital procurement and monitoring system was launched by Minister of Works and Transport Veikko Nekundi.  “Today, we come together...

December fuel prices up 21 cents a litre
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December fuel prices up 21 cents a litre

An upsurge in international crude and refined product prices, tightening supply driven by geopolitical tensions, limited OPEC+ output growth and ongoing refinery disruptions will see domestic fuel prices go up by 21 cents a litre on Wednesday, 3 December.  The mines and energy ministry announced the increase on Friday, which will be the third for...

Cuvelai pledges to deliver 100 000 homes  
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Cuvelai pledges to deliver 100 000 homes  

An ambitious housing development programme called the Cuvelai Special Housing Scheme Fund was launched on last Friday in Keetmanshoop.  With a five-year vision to construct 100 000 affordable homes nationwide, the fund has commenced its first phase, which targets the delivery of 10 000 housing units, including 2 142 homes earmarked specifically for Keetmanshoop.  ...

Experts warn of Black Friday overspending … caution that impulse buying is the biggest sales trap
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Experts warn of Black Friday overspending … caution that impulse buying is the biggest sales trap

This year’s Black Friday is packed with incredible deals from various retailers, offering significant discounts on everything from electronics to home goods to fashion and more. Black Friday happens every year on the last Friday of November, when many stores offer unbeatable specials that are usually available until the end of November. Commenting on the...

Vigilance beats fraud
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Vigilance beats fraud

Jacquiline Pack  During the festive season, fraudsters also ramp up their activities to trick, coax and swindle customers into cooperating to steal their hard-earned money.  They do this through various methods. The common techniques are phishing, vishing and smishing. These tactics are known as social engineering, where fraudsters exploit human vulnerabilities rather than system flaws. ...

NBA Africa finalists to pitch products 
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NBA Africa finalists to pitch products 

NBA Africa on Wednesday announced the 10 startup companies from five African countries selected as finalists for the second edition of the NBA Africa Triple-Double Accelerator, a programmme launched last year to support the continent’s technology ecosystem and the next generation of African entrepreneurs.   The 10 finalists will pitch their products to a panel of...

Baumgartbrunn academy supports welding industry
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Baumgartbrunn academy supports welding industry

Baumgartbrunn Vocational Training Academy has strengthened its role in supporting skills development in Namibia, especially as demand for qualified welders continues to rise.  The academy is registered as a Section 21 company, meaning it operates as a non-profit organisation focused on training and community development rather than making a profit. The academy is a member...

Galp’s Mopane project attracts oil, gas supermajors
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Galp’s Mopane project attracts oil, gas supermajors

Galp, the Portuguese multinational energy corporation headquartered in Lisbon, was reported to be in advanced talks with international majors like TotalEnergies and Chevron to sell up to a 40% stake in its Mopane project, located off the coast of Namibia in the Orange basin.  The Mopane project is an oil discovery Galp made last year...

Partners advance sustainable financing  in Southern Africa 
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Partners advance sustainable financing  in Southern Africa 

Representatives from the Southern African Development Community (SADC) Member States, River Basin Organisations (RBOs), Transfrontier Conservation Areas (TFCAs), development partners, civil society, International Cooperating Partners (ICPs) and financial institutions convened this week for the inaugural Transboundary Water and Landscapes Sustainable Finance Bootcamp.  This regional gathering, held on 26 and 27 November in Muldersdrift, South Africa,...