Capricorn Private Wealth on Tuesday, 5 May 2026, announced the appointment of Elize Smith as its head, effective 1 May 2026. Smith has more than 35 years of experience in the banking and financial services industry and will lead the business’ continued focus on profitable growth and an exceptional, client-centred private wealth experience. She began...
HONG KONG – Oil prices dived again yesterday on fresh hopes for an end to the Iran war, while Samsung blasted past the US$1 trillion valuation mark in an equity markets rally stoked by the AI tech boom. Investors welcomed Donald Trump’s decision to pause efforts to help stranded ships through the crucial Strait of...
FRANKFURT – German premium carmaker BMW yesterday said it expected trade tensions between the EU and United States to subside despite US President Donald Trump’s threat to hike tariffs on European cars. Trump said last week that he would hike the tariff on European Union cars to 25%, up from 15%, charging that the bloc...
Adolf Kaure The Ministry of Finance has formally declared that the Financial Institutions and Markets Act, 2021 (FIMA) has come into operation on 1 May. FIMA introduces a more integrated, principles-based regulatory framework, strengthening governance, enhancing supervisory powers, and promoting a more outcome-driven approach to member protection and market conduct. According to the RFIN chairperson,...
Nedbank Namibia recently conducted key client engagements in Rundu and Katima Mulilo, reinforcing the bank’s commitment to meaningful regional partnerships and ensuring that its 2026 strategy speaks directly to the needs of clients and communities across the country. As part of its annual Managing Director Roadshow which spans all major towns across Namibia, the roadshow...
Fabian Shaanika has taken over the helm of the Chamber of Mines of Namibia as the new CEO of the organisation that represents the mining industry in the country. Shaanika’s appointment is effective as of 1 May 2026. He takes over from outgoing CEO, Veston Malango, who has led the chamber for the last two...
Dalene Kooper LÜDERITZ – Vice President, Lucia Witbooi, on Sunday reaffirmed the government’s support for the country’s green energy ambitions by pledging the necessary support for the flagship Hyphen Green Hydrogen project. The Hyphen project, with a projected investment of around US$10 billion (approximately N$168 billion), aims to produce 350 000 tonnes of green hydrogen annually...
The Namibia Cyber Security Incident Response Team (NAM-CSIRT), housed at the Communications Regulatory Authority of Namibia (CRAN), has officially launched the National Cybersecurity Incident Management Guidelines 2026, themed “Building a Cyber Resilience Ecosystem,” on 29 April 2026. This landmark event took place in Ondangwa, bringing together key stakeholders from government, private sector and civil society to...
With the winter months approaching, Namibians can expect weather patterns to shift toward drier, windier conditions, particularly in inland and coastal regions. According to Franco Feris, chief executive officer at Santam Namibia Limited, these seasonal changes can bring a range of weather-related risks that homeowners and motorists should not overlook. “While many people associate winter...
For 20 years, Seleste Shalongo has stood behind her small food stall in Grootfontein, selling kapana, cooked food and cabbages to support her family. Every morning, she wakes hoping for customers. Every evening, she worries about how she will provide for her two children. Shalongo, who was born and raised in Grootfontein, said that running...