Early signs of financial trouble often go unnoticed until they escalate into more severe issues. Recognising these signs can help individuals and small businesses take proactive steps to mitigate financial distress, and avoid potential defaults. One of the primary indicators of financial trouble is consistent difficulty meeting monthly financial obligations. This might manifest as struggling...
Farmers in the Hardap region are facing severe challenges in accessing markets for their produce. These obstacles are leading to substantial losses for already-struggling farmers in the region. Unomasa Kavita, an entrepreneur in collaboration with Impact Tank, is spearheading an initiative aimed at bridging the accessibility gap for local smallholder farmers. Launched in 2022, this...
Following the recent light oil discoveries offshore in the Orange Basin, the National Petroleum Corporation of Namibia (Namcor) has seen increasing interest from potential upstream oil and gas investors. To service its clients, Namcor continues to host data rooms for clients to assess and evaluate non-proprietary exploration datasets for potential farm-in opportunities with existing acreage...
We know it really matters how Hyphen delivers green hydrogen for Namibia. It is critical we acknowledge and position our project in its overall context – balancing the positive socio-economic impacts it will bring to the country and its people, whilst identifying and minimising its environmental impact. We will do this through continuing to work...
While much-anticipated clean energy is yet to be produced at the Daures Green Hydrogen Village, the project has started harvesting its first cucumbers and is on track to produce more vegetables throughout the rest of the year. In fact, vegetable production is an integral aspect of the ambitious project on the fringes of the desolate...
The escalation of fraud cases in Namibia’s banking sector has resulted in anxiety among members of the public, who fear for unauthorised transactions on their accounts. The prevalence in fraudulent activities in some commercial banks has, of late, left many customers feeling vulnerable, with numerous reports of individuals losing substantial amounts of money across various...
LAGOS – Mobile telephone and data subscribers in Nigeria will now have to pay more after the government approved a 50% increase in tariffs, as the country battles one of its worst cost-of-living crises in decades. The industry regulator, the Nigerian Communications Commission (NCC), said earlier this week that it approved the tariff hike “in...
Things like job loss, a failed business venture or an unexpected expense can shake even the most stable financial plans. But while daunting, these moments of truth are also opportunities for growth and reinvention. And with the right mindset and practical strategies, one will be able to rebuild, and build on firmer grounds for the...
Global financial advisory giant, deVere Group, issued a stark warning to investors to prepare for significant turbulence as the Federal Reserve may find itself at odds with the economic consequences of President Trump’s fiscal policies. Growing inflationary pressures are likely to reappear, and the Fed’s potential response could signal a seismic shift in financial markets....
First National Bank (FNB) of Namibia yesterday advised clients to guard against becoming victims of fraudsters. During a morning media briefing the bank noted that people simply fall prey to the scammers by unwittingly disclosing their private information in different ways. Banking fraud is increasingly becoming of significant concern in Namibia, with a greater number...