Union membership is not just a legacy of Namibia’s past—it is a living force for justice, dignity, and economic empowerment today. As Namibia continues to confront inequality, unemployment, and the pressures of a globalised economy, the role of trade unions remains as vital as ever. It can be argued that the foundations of the Namibian...
SEVILLE – Countries including France, Kenya, Barbados and Spain on Monday launched a coalition to push for taxes on wealthy air passengers to help poorer nations respond to climate change, the French presidency said. The coalition, which also brings together Somalia, Benin, Sierra Leone and Antigua and Barbuda, said it would work to increase the...
For many first-time investors, especially those with a limited income, building wealth can seem so out of reach. Many believe it takes a lot of money to start investing, making it something only wealthy people can do. Micro-investing tears down the barriers that come with traditional investing and helps more and more people grow their...
Namibia’s real GDP growth for the first quarter of 2025 dipped to 2.7% year-on-year (y/y) from 4.8% in the corresponding quarter of last year. While this is a notable slowdown in growth, it still marks the 16th consecutive quarter of domestic economic growth. Local analysts pointed out that the latest figures, released this week by...
More than 2 700 United States of America and African public and private sector leaders gathered for the 17th US-Africa Business Summit from 22 to 25 June, hosted by the Corporate Council on Africa and the President of Angola. The US State Department this week said more than US$2.5 billion in new deals and commitments between...
Paratus has made an impact in Namibia’s education sector through its ongoing partnership with Eduvision, now in its seventh year. By providing GEO satellite infrastructure and continuous technical support, Paratus has enabled real-time, interactive digital learning for more than 12 000 learners and 471 teachers across the country. The initiative has connected even the most...
Bank Windhoek has implemented a revised banking fee structure, effective today, which responds to ongoing economic uncertainty and a projected inflation rate of 4.5%. The moderate fee adjustment aims to maintain real value and service quality amid a challenging operating environment. Bank Windhoek is committed to supporting its customers through transparent and accessible banking solutions....
The Government Institutions Pension Fund (GIPF) is ready to implement the much anticipated and fund-initiated Pension Backed Home Loan Scheme (PBHLS) following the public announcement by finance minister Ericah Shafudah. “The GIPF has been proactively seized with this matter since 2016 when the Board of Trustees approved a proposal to amend its rules to allow...
In the sphere of financial planning, few actions are as straightforward yet significant as routinely updating the beneficiaries of your retirement annuity (RA). This simple step ensures that your hard-earned assets are distributed in line with your wishes, offering peace of mind for you and security for your loved ones. Beneficiaries matter Life is ever-changing...
Bank Windhoek is offering a Business Banking Masterclass series, with the tagline ‘Where Business Makes Sense’. The initiative is a ten-video educational programme designed to equip individuals, small and medium enterprises (SMEs) as well as corporate customers with the knowledge and tools needed to thrive in today’s complex financial landscape and refresh their business knowledge. ...