The Ohlthaver & List (O&L) Group has confirmed the transitioning to a new chapter in Namibian retail that begins on 1 July 2025 with the launch of Model, a proudly home-grown retail brand. Due to franchise constraints, the switchover could not happen before this date, but from 1 July, the company gains complete operational independence,...
In a bid to access a large untapped African market and to provide appropriate and accessible financial solutions that reach across all levels of society, Sanlam this week officially rebranded as SanlamAllianz Namibia. This landmark development for Namibia’s financial sector was officially announced and unveiled by information and communication technology minister Emma Theofelus on Tuesday...
Auleria Wakudumo ONDANGWA – The Ondangwa Town Council has announced that the 12th edition of the 2025 Ondangwa Annual Trade Fair is scheduled to take place from tomorrow to Saturday. The town’s spokesperson Petrina Shitalangaho-Mutikisha said the event will take place at its usual venue, the Ondangwa Trade and Exhibition Centre. She added that over...
The Capricorn Foundation has reaffirmed its commitment to economic development and community upliftment by investing a further N$1.17 million in the RuralRevive Initiative in Maltahöhe, supporting two work packages: horticulture and waste management. This investment aligns with the foundation’s focus on economic advancement and strengthens its existing partnership with the Wolwedans Foundation. RuralRevive is an...
LUANDA – President Netumbo Nandi-Ndaitwah has announced that the Namibian government is finalising a major trade and investment law aimed at strengthening the country’s economic appeal to both domestic and international investors. Speaking during the Invest in Namibia session at the U.S.- Africa Business Summit in Luanda, Angola, the President said the Namibia Investment Promotion...
Namibia Green Hydrogen commissioner James Mnyupe said the country’s green hydrogen sector had attracted more transformative projects investment, with approximately N$2.08 billion already committed across various projects. Importantly, over 800 Namibians have been employed across pilot and early-stage initiatives. In addition, close to N$170 million has been channelled to local SMEs, demonstrating early traction in...
Nedbank Namibia has concluded a funding deal that marks the beginning of a strategic partnership aimed at advancing Namibia’s mining sector. The deal is with Trollope Contractors Namibia (Pty) Ltd, an affiliate of the South African-based Trollope Mining Group. The deal. The funding package, which includes asset-based finance and working capital facilities, will enable Trollope...
“Rooted in Growth for Sustainability” underscores Old Mutual’s commitment to fostering meaningful, sustainable entrepreneurship rooted in community while empowering individuals to take ownership of their growth and social impact. This theme underscores the Old Mutual Foundation’s fourth and final leg of its flagship entrepreneurship initiative, the Old Mutual Sustainable, Economic and Empowerment Drive (OM SEED). ...
An action plan by Namibia’s Financial Intelligence Centre (FIC) addressed 13 strategic deficiencies related to the ineffectiveness of the country’s antimoney laundering (AML), counterterrorism financing frameworks (CFT) and Countering Proliferation Financing (CPF). These deficiencies have to be remedied within various set timelines, which expire in May 2026. This is according to Bryan Eiseb, director of...
ROSH PINAH – NamPower recently made history by breaking ground for the biggest solar power plant ever to be constructed in the country, constituting an investment of N$1.6 billion. The historic groundbreaking ceremony took place last week for the 100 MV Sores IGaib, outside the southern town of Rosh Pinah, for the solar power station....