The African Development Bank Group has taken a significant step forward in its fight against corruption and financial crime by signing a Letter of Intent with the International Criminal Police Organisation (Interpol) last week. The bank group is the first multilateral development bank to establish such a collaboration with Interpol. The Letter of Intent was...
The Electricity Control Board (ECB) has confirmed approval of a regulatory framework for electric vehicle (EV) charging infrastructure, marking a step towards sustainable transportation in the country. The framework, which was approved by the ECB in August 2024, provides comprehensive guidelines for the installation and regulation of EV charging stations, addressing public queries about the...
Rudolf Gaiseb A local digital firm, Facilit8 Namibia, has warned that Namibia’s data infrastructure is increasingly becoming vulnerable to cyber-attacks, and the trend is worrying. This was said by Facilit8 owner and technology specialist, Nrupesh Soni. He highlighted recent incidents at Paratus Namibia and Telecom Namibia, saying they revealed concerning underlying issues of cybersecurity readiness and resilience. “Namibia’s...
Hospital manager Kathrin Leffler says she worries Germany’s tense pre-election debate on immigration will make it harder to recruit enough skilled workers from abroad to fill a growing labour shortage. National polls on Sunday are expected to deliver victory for the conservative CDU/CSU bloc, and a strong second-place showing for the far-right Alternative for Germany...
Rudolf Gaiseb Appian Capital Advisory on Wednesday announced the acquisition of a majority shareholding in the Rosh Pinah Solar Park to decarbonise its portfolio further and decrease energy costs. It will acquire the majority shareholding in Rosh Pinah Solar Park from Emesco Energy to exclusively supply clean energy to the portfolio company, Rosh Pinah Zinc...
Works minister John Mutorwa has tabled the Maritime Labour Convention (MLC) of 2006 to improve the working conditions for seafarers. The deputy prime minister informed the National Assembly on Tuesday that the convention is an important international labour agreement adopted by the International Labour Organisation (ILO). “The convention is a comprehensive international legal instrument, and...
GENEVA – The sweeping tariffs threatened or already imposed by United States president Donald Trump risk triggering inflation, market distortions and even a global recession, China said Tuesday at the World Trade Organisation. After returning to office on 20 January , Trump hit China, the world’s second-biggest economy, with an additional 10% levy on products...
In partnership with Rent-a-Drum, Capricorn Group promotes sustainability by launching its 4R Sustainability Campaign. Initiated at the beginning of the year, the campaign stresses the principles of rethink, reduce, reuse and recycle. It encourages people to choose wisely when handling their office and household waste. Through this initiative, Capricorn Group employees actively participate in activities...
The National Petroleum Corporation of Namibia (Namcor), on behalf of the PEL 85 joint venture partners Rhino Resources this week announced the completion of drilling operations for an exploration well in the Orange basin. With drilling operations on the Sagittarius-1X well now concluded, the drillship has moved to the next well in the campaign, Capricornus-1X,...
The Critical Minerals Africa Group (CMAG), the advocacy group seeking to foster deeper relations between Africa and global markets, and put Africa at the heart of international discussions surrounding critical mineral’s policy, is proud to have co-hosted a side-event with the Africa Finance Corporation at the Investing in African Mining Indaba in Cape Town. Chaired...