LONDON – Stock markets and the dollar steadied yesterday as investors expected the US Federal Reserve to cut interest rates to shore up the world’s biggest economy. Traders took a breather from the global rally that lifted several equity indexes to record highs over recent weeks, as they anticipate the Fed decision and post-meeting comments...
Pinehas K Pinehas The African Global Hydrogen Summit, held last week at the Mövenpick Hotel in Windhoek, provided a platform for innovators and investors to explore opportunities within the rapidly expanding hydrogen sector. More than just an energy conversation, the summit showcased how different industries are converging to support and accelerate the development of hydrogen...
The Government Institutions Pension Fund (GIPF) has a vested interest in the country’s financial system for the very reason that its members are part and parcel of the domestic financial community. This was the message from GIPF chairperson of the board of trustees Penda Ithindi, at the recently ended Alliance for the Financial Inclusion (AFI)...
A high-level delegation of the European Union is scheduled to visit Namibia from today to Friday. It aims to reinforce the EU-Namibia partnership and see how Global Gateway investments in Namibian green industrialisation boost job creation and growth. The delegation consists of the EU Commissioner for International Partnerships, Jozef Síkela, and the chair of the European...
To address aviation challenges head-on, Ethiopian Airlines and SITA, the air transport industry’s tech engine, signed a new Memorandum of Understanding (MoU) to co-develop innovative solutions that strengthen the airline’s operations and enhance the passenger experience. SITA is a multinational information technology company providing IT and telecommunication services to the air transport industry. The collaboration...
What started as a childhood passion for teaching has grown into a community lifeline for children in Buitepos. At only 10 years old, Promise Mazila was already teaching other children at school. By 15, she had founded the Clovers Club in 2004, a group aimed at helping young children focus on their schoolwork, stay away...
Hilma Nalupe What began as a small backyard operation in Windhoek has grown into a successful business. Boerseep, a traditional soap brand founded by local entrepreneur Martha April during the height of the Covid-19 pandemic, is now available on shelves across the country. Using a time-honoured recipe consisting of just three ingredients – animal fat,...
A new zero carbon fertiliser plant, which will be constructed at the Daures Green Hydrogen Village (DGHV), will provide the renewable energy project with affordable and abundant plant nourishment to boost its already successful agricultural endeavour. This is expected to increase fresh vegetable production that is expected to eventually lead to more greenhouses, which will,...
Giuseppe Surace, chief operating officer of Hyphen Energy, said Namibia’s ambitious green hydrogen project will transform the country’s economy, infrastructure and global reputation. He called the multi-billion-dollar initiative “massive and transformational,” saying it would bring not only clean energy production but also significant social and economic benefits. “This project is coming with the vision of...
The average house price in Namibia has increased to N$1,360,664 at the end of the second quarter of 2025 (2Q25), slightly up from N$1,345,270 in the first quarter (1Q25), and higher than the N$1,263,673 recorded in the same period last year (2Q24). This is according to the latest FNB Housing Price Index, which shows that...