Bank Windhoek’s principal goal is to drive impactful change across Namibia to build resilience by funding key sectors such as renewable energy, sustainable water management, clean transportation and access to essential services. This is according to the bank’s managing director, James Chapman, who yesterday said the bank is making significant strides in promoting sustainable finance...
Imagine a scenario where you see an online video of a prominent authority announcing a shocking new policy. The footage looks authentic, the voice is uncannily accurate, and it has already gone viral, so you hit “share”. The catch? It is entirely fake, conjured up by artificial intelligence (AI) in minutes. As AI advances, it...
Success in entrepreneurship begins with clarity, knowing what one seeks to offer, understanding the purpose behind it, and exercising sound financial management. This was said by Emilia Nghikembua, chief executive officer of the Communications Regulatory Authority of Namibia (Cran), at the authority’s inaugural Digital Transformation and Entrepreneurship Breakfast Session in Windhoek last week. Nghikembua emphasised...
WALVIS BAY- When Ivolene Van Reneen first stepped into the world of non-destructive testing (NDT) in 2009, she started out as a sales representative at RITC Namibia, then a small company servicing the maritime, oil and gas industries. Four years later, she took over as managing director, determined to grow the business against all odds....
With unemployment rate standing at 36.9%, many Namibians are turning to small businesses as a means of survival. President Netumbo Nandi-Ndaitwah last year said 15 000 micro, small, and medium enterprises (MSMEs) are registered in the country, contributing around 12% to the gross domestic product (GDP). Broader estimates suggest there are more than 40...
Once the complete potential of the country’s green hydrogen ambitions is fully realised, it is imperative that 99% of the domestic workforce within that industry comprises Namibians. This message was conveyed yesterday by Dino Ballotti, the Deputy Minister of Education, Innovation, Youth, Sport, Arts, and Culture, during the launch of Hyphen Hydrogen Energy’s Green Hydrogen...
Internet speeds in towns and settlements such as Maltahöhe, Rietoog, Stampriet, Aranos, Oshifo, Khorixas, Tsandi, and Otavi are about to sour to unbelievable heights after Mobile Telecommunications Limited (MTC) connected residents in these areas to its fixed internet service offering called Spectra. “As part of our commercial strategy, MTC will be in the coming months,...
LONDON – Rush-hour commuters faced chaos yesterday as staff on the London Underground train network staged a five-day strike, shutting stations and forcing people to work from home or use alternative modes of transport. Thousands queued to try and get on crammed buses while others reluctantly walked or cycled.Transport for London (TfL), which manages the...
BERLIN – Displaying one of her company’s hot plates proudly labelled “Made in Germany”, Sigrid Klenk concedes that maintaining production at home could become harder due in part to US tariffs. Continuing to make goods in Germany “is becoming less and less simple,” Klenk, boss of the small firm Rommelsbacher, said at the IFA consumer...
Aviation is not merely a mode of transport but it is actually a strategic enabler for development. However, fragmentation and high costs continue to hold back aviation’s potential in Africa, as evidenced by the fact that it is often easier to fly to another continent than between two African countries. This lack of connectivity is...