Pricilla Mukokobi Matheus David Mobile Telecommunication Company (MTC) Maris, in collaboration with Letshego Micro Financial Services Namibia (LMFSN), yesterday launched its instant loan service product, ‘Taamba Maris’, aimed at deepening financial access and empowering communities through mobile technology. MTC Maris, derived from the Khoekhoegowab word for ‘money’, aims to revolutionise access to financial services in...
With digitalisation reshaping the insurance and financial services industry in Africa, the threat of fraud has evolved in terms of its magnitude and complexity. While institutions race to digitise procedures and embrace artificial intelligence (AI), the World Economic Forum’s 2024 Global Cybersecurity Outlook shared that fraudsters employ online platforms to target the most vulnerable: micro-enterprises,...
The International Telecommunications Union (ITU) released the Information and Communications Technology (ICT) Development Index (DI) in July 2025. The index measures the level of Universal and Meaningful Connectivity (UMC) of 164 members states for the period 2025. The UMC concept is based on the premise that realising the full potential of connectivity requires more than...
The Namibian Competition Commission (NaCC) recently announced it had initiated an investigation against law firm Dr. Weder, Kauta & Hoveka Inc and Bank Windhoek in terms of Section 33 of the Namibian Competition Act No. 2 of 2003. The investigation, which commenced in 2022, followed allegations of exclusive dealings pertaining to property conveyance services. In...
Namibia is preparing to take a step into the oil and gas industry, as the country positions itself to start processing crude oil once production begins. With major oil discoveries made in 2022, Namibia is becoming a new hotspot for global energy companies and investors. Among the companies eyeing Namibia’s oil potential is TSE Oil...
The Old Mutual Foundation has revealed the top three entrepreneurial champions from the Otjozondjupa region in the concluding chapter of the Old Mutual Sustainable, Economic and Empowerment Drive (OM SEED). These driven individuals stood out for their innovation, community value, and determination to grow small businesses into engines of local opportunity. Taking the top spot...
FRANKFURT – A new trade deal struck between the United States (US) and European Union (EU) is good news despite fears it is unbalanced, Mercedes-Benz said yesterday after the German carmaker reported a tariff hit of hundreds of millions of euros in the second quarter. “I have respect for what the EU commission and (trade...
Nedbank has announced its role in empowering Namibian owned-managed businesses through the inaugural Nedbank Future of Business Conference, set for 21 August 2025, at Droombos. The conference aims to address critical areas for business growth, including leadership, communication, human resources and IT. Nedbank stated the conference is tailored for forward-thinking SMEs, emerging startups, and established...
The Environmental Investment Fund (EIF) of Namibia has been accredited as a National Implementing Entity (NIE) of the Adaptation Fund. According to the statement issued by CEO Benedict Libanda, the accreditation, confirmed during the intersessional period between the Adaptation Fund Board’s forty-fourth and forty-fifth meetings through Decision B.44-45/10, positions the EIF to access and manage...
Born in Otjiwarongo and raised in Windhoek, Jenita Amupolo (19) is not your typical teenager. While many her age are still figuring out what they want to do, she is already running her own growing nail business, Nails By Dulla. She is doing it with pride, purpose and polish. Amupolo was raised in a family...