The Capricorn Foundation, in partnership with Bank Windhoek, celebrated its first group of graduates from the Emerging Bankers Programme on Friday. The event marked the successful completion of 18 months of intensive training, hands-on experience and job placements for nine young Namibians in various rural Bank Windhoek branches across the country. Launched in 2024 with...
Edward Shivute will serve as acting chief executive officer at the Walvis Bay Corridor Group, effective 1 December 2025, until a substantive appointment has been made. This was confirmed on Saturday by the WBCG’s Board of Directors following the appointment of former CEO, Mbahupu Hippy Tjivikua, who took up the position of chief executive officer...
Outgoing Roads Authority Chief Executive Officer Conrad Lutombi says Namibia’s road network belongs to all citizens, regardless of political affiliation. Speaking to New Era on Thursday, as he reflected on his 14-year journey at the institution, Lutombi stressed that “roads have no politics”, adding that every person in Namibia should be able to enjoy quality...
The successful bidders to implement phase 2 of the Universal Service Fund (USF) project are MTC and Telecom Namibia, which secured contracts to deploy infrastructure to connect underserved rural areas. The second phase of the deployment totals more than N$42 million. The sites awarded under this phase of the USF will facilitate the construction of...
As International Fraud Awareness Week underscores the global urgency to combat financial crime, FNB and RMB Namibia convened a high-level engagement focused on fraud awareness and cybersecurity. The event brought together senior decision-makers and risk officers to address the escalating threat of fraud and cybercrime, issues that compromise not only individual security but the resilience...
The social and economic ripple effects of the Universal Service Fund (USF) programme is expected to be substantial, including improved connectivity for schools that will benefit from reliable internet speeds of up to 35 Mbps. This is as the government continues to roll out the USF and has already allocated N$145 million to connect underserved...
As part of its commitment to protecting consumers and preserving the integrity of the financial system, Standard Bank Namibia has partnered with the Namibian Police to deliver targeted training on investigating digital fraud. This initiative forms part of the bank’s activities for International Fraud Awareness Week 2025, observed globally each November, and reflects the growing...
United Africa Group (UAG) launched the United PayPoint yesterday. A new FinTech company was created to make financial services simple and accessible for people across Namibia. United PayPoint, is a fully licensed Payment Service Provider with authorisation from the Bank of Namibia to issue e-money and provide payment intermediary services, alongside a Micro Lending License...
The Board of Directors of the Bank of Namibia yesterday praised the governor of the central bank Johannes !Gawaxab, for his dedicated leadership during his tenure. This follows an unexpected announcement that the governor will vacate his post at the end of this year. The board cited inflation that remained well contained during his tenure,...
Rosh Pinah Zinc Corporation (RPZC) and Namitvest have formalised a Payroll Deduction Agreement to allow Mine Workers Union of Namibia (MUN) members employed at RPZC to purchase Namitvest shares through automated salary deductions. Rosh Pinah Zinc is a long-established zinc mine located in the southwest of Namibia and employing a significant number of MUN members....