Business

The Namibia Airports Company (NAC) is participating in the 2025 AviaDev Africa Summit, taking place from today, 11 June to Friday, 13 June at the Golden Tulip Zanzibar Airport Hotel in Tanzania. AviaDev Africa 2025 provides an invaluable platform for Namibia to strengthen its aviation ties and support the national vision of a connected, accessible...

JOHANNESBURG – South Africa’s coal-dependent economy could lose billions in export revenue and thousands of jobs as more countries and companies seek carbon-free imports, the Net Zero Tracker watchdog said yesterday.  Africa’s most industrialised nation is one of the largest polluters in the world.  It generates about 80% of its electricity through coal. This makes...

Namibia’s National Blue Economy Policy is a comprehensive framework designed to harness the vast potential of its aquatic ecosystems for national prosperity.  The policy is based on the pillars of environmental protection, sustainable production and social inclusivity.  The policy aims to create a future where economic benefits from sectors like fisheries, marine transport, aquaculture and...

The Namibia Financial Institutions Supervisory Authority (Namfisa) has provided an update on its continued commitment to Corporate Social Responsibility and Investment (CSRI) and the positive impact it has had on various communities in Namibia. As part of Namfisa’s CSRI initiatives, the authority has prioritised N$447 239 in support of educational, cultural, and social programmes aimed...

The global copper market is increasingly facing more and more challenges that are resulting in increased smelting capacity in major copper-producing regions, which ultimately translates into substantial overcapacity. This phenomenon, exacerbated by the negative impacts of United States tariffs on demand, outweighs supply growth and has led to a shortage of copper concentrate, placing pressure...

The ExxonMobil Foundation, the primary philanthropic arm of Exxon Mobil Corporation in the United States, has renewed its agreement with Junior Achievement (JA) Africa for the second year of the ExxonMobil Foundation STEM Africa competition with an increased grant of US$385 000 (aout N$6.8 million).  The programme aims to equip approximately 3 000 students across...

TOKYO – The global auto industry has been rocked by China’s decision to restrict exports of rare earth magnets that are crucial to making vehicles. With a near monopoly on the output of rare earth elements, Beijing is using them as a key weapon in its trade war with Washington. China accounts for more than...

The Business and Intellectual Property Authority (Bipa) will soon move its head office in Windhoek to a new home. From 1 July 2025, Bipa will be operating from 172 Jan Jonker Road, Ausspanplatz, the former SME Bank building, in a move that signals a bold step forward in how the authority serves clients and the...

The Bank of Namibia (BoN) and the University of Namibia (Unam) have renewed their focus on joint research that directly engages domestic developmental challenges.  In a renewed Research Cooperation Agreement signed last week, the two national institutions aligned their academic and research cooperation with national policy frameworks including Vision 2030 and the National Development Plans,...