Head of business and commercial banking at Standard Bank Namibia, Helena Amupolo said that it is important to help entrepreneurs grow and expand their businesses. She explained that many entrepreneurs in Namibia are ambitious and creative, but they need the right support to succeed. She said this at the Market Access and Trade Opportunity Evening...
BEIJING – Namibia’s new Ambassador to China, Tonata Itenge-Emvula, recently made her maiden address on the global stage, asserting the country’s position as an ideal investment destination. Itenge-Emvula particularly pointed to Namibia’s growing potential in the oil and gas, agriculture and food industries as key investment sectors. “Agriculture is also key to our development; food...
Namibia’s true wealth lies not in its mines, oil, gas, or sea, but in its people, especially its creative minds said the governor of Bank of Namibia Johannes !Gawaxab at the central bank’s Annual Symposium 2025, held under the theme “Unleashing the Power of the Creative Industries.” !Gawaxab said the creative industry has the power...
The Namibia University of Science and Technology (NUST) signed new salary agreements with the Namibia Public Workers Union (NAPWU) and the Teachers Union of Namibia (TUN) concluding negotiations for the 2024/2025 financial year. According to the statement issued by public relations officer at NUST, Cindy van Wyk, the agreements cover both academic and administrative staff...
Public Wi-Fi is known as a wireless connection to the internet that is accessible in public places like hotels, airports, restaurants, shopping malls and libraries, offering free or easy access to the internet. A public Wi-Fi network can either be open (unsecured) or encrypted (secured). An encrypted public Wi-Fi requires a password or account creation...
Industries, mines, and energy minister, Frans Kapofi has proposed amending the Petroleum Exploration and Production Act, 1991 to shift several key powers in the petroleum sector from the ministry to the Office of the President. The proposal tabled by Kapofi in Parliament yesterday, aims to transfer some responsibilities from the Minister of Industries, Mines, and...
Vice president of the Economic Association of Namibia Jesaya Hano-Oshike said small and medium enterprises form the backbone of the economy. ‘ However, access to the capital remains limited. In addition, venture capital and private equity fill the void by providing funding and strategic guidance, governance and networks. He highlighted the roles of venture capital...
Bank Windhoek has launched its EasyWallet On-Send feature, which the bank described as a milestone innovation that empowers customers to send money instantly from one EasyWallet to another, anytime or anywhere. “The EasyWallet On-Send capability represents a first in the Namibian banking industry, enabling users to transfer funds seamlessly between wallets, even to individuals who...
TotalEnergies and Google have signed a 15-year Power Purchase Agreement (PPA) to supply Google with a total volume of 1.5 TWh of certified renewable electricity from TotalEnergies’ Montpelier solar farm in Ohio, USA. The solar facility, nearing completion, is connected to the PJM grid system, the largest in the United States, and will support Google’s...
Standard Bank Namibia has announced enhancements to its Digital Personal Loan Service, reinforcing the bank’s commitment to responsible lending and inclusive financial access. The upgraded platform enables clients to apply for and top up loans instantly via Internet Banking or Cellphone Banking (USSD short code: Dial *140*2345#), eliminating the need for paperwork, branch visits, or...