Business

David Adetona The Namibia International Cybersecurity Conference and Exhibition 2025 recently took place in the capital to address and combat digital threats.  The event brought together industry experts, government representatives, and technology professionals to discuss emerging trends, challenges, and innovations in cybersecurity. Key topics addressed included cyber threat intelligence, harmful virus, data protection regulations, and...

Rudolf Gaiseb Local marketers have been urged to broaden their marketing tools and strategies for their brands to survive and thrive in the era of digital dominance. This was said during the second Annual Namibia Marketing Renaissance Conference hosted in Windhoek on Wednesday. Tulip Media Consultancy founder Albertina Kashuupulwa said many local businesses still opt...

The upgraded Namibian banknotes and coins unveiled on Wednesday evening by President Netumbo Nandi-Ndaitwah are a necessary step, given the country’s banknotes were last updated in 2012 while the domestic coin series has remained unchanged since 1993. As such, the updated currencies, expected to go into circulation next month, have been designed to meet the...

The Namibian Competition Commission (NaCC) has collected more than N$1 million in settlement agreements emanating from alleged anti-competitive behaviour by five pharmaceutical companies and one windscreen retailer. The affected parties engaged the commission after investigations concluded that these entities were engaged in exclusive dealings. These agreements were imposed between November 2022 and January 2023.  In...

FRANKFURT – The European Central Bank was set to keep interest rates unchanged yesterday while the introduction of higher US tariffs threatened by US President Donald Trump hangs in the balance.  A pause would bring an end to a string of cuts that dates back to September last year, as the ECB progressively lowered borrowing...

President Netumbo Nandi- Ndaitwah this week officially launched Namibia’s sixth National Development Plan (NDP6), calling it a bold and urgent step to fix the country’s slow and unequal economic growth.  The plan, which is set to run from 2025 to 2030, is the last one before the country reaches its ambitious Vision 2030, described as...

The Development Bank of Namibia (DBN) this week launched a national promotional campaign aimed at enhancing the level of public understanding on financial solutions tailor-made for young entrepreneurs and small business owners in the country.  This initiative is part of the bank’s broader mandate to develop the national economy by financing sustainable enterprises, particularly in...

Namibia’s largest privately held company, the Ohlthaver & List (O&L) Group, celebrated a remarkable milestone last week, namely the 100th edition of O&L World at Midgard Otjihavera Windhoek, O&L Leisure’s boutique farm lodge.  Every transformative onboarding and cultural immersion experience delivers four days of intensive leadership development and empowerment activities, uniting O&L as ONE through...

TOKYO – A Japanese utility said yesterday it was taking an initial step towards building the nation’s first new nuclear reactor since the Fukushima nuclear plant disaster more than a decade ago. After the 2011 tsunami and meltdown at the Fukushima Daiichi nuclear plant, Japan shut down all of its nuclear reactors, with the public...