Namibia’s potential to enhance charcoal competitiveness in the global marketplace remains hindered by branding issues. This major challenge remains a critical barrier to market infiltration because charcoal produced in Namibia is still branded with logos of international companies. “International charcoal buyers are protecting their market and prioritising branding imported products with their logos to keep...
Gondwana Collection Namibia has opened a state-of-the-art Namibia2Go facility at Hosea Kutako International Airport. The company has noted that the facility marks a milestone that underscores its commitment to redefining travel experiences in the country. “This new facility is more than just a car rental hub—it reflects Gondwana’s vision of excellence, innovation and service. The...
Nedbank Namibia was this week awarded the Institute of People Management (IPM) Human Resources Centre of Excellence Award of the Year at the 14th Annual IPM Namibia Conference. The conference took place on Tuesday in Windhoek, where Nedbank was recognised for its work in the wellness department, particularly through the establishment of its Campus On-Site...
The domestic charcoal industry is grappling with pressing challenges, particularly concerning the treatment of undocumented workers. A recent report on the industry reveals a significant number of charcoal cutters and burners on farms are undocumented Angolan immigrants, primarily from the Ovazemba indigenous community. The report stipulates that many of these workers often find themselves without...
JOHANNESBURG – Inflation in South Africa fell to its lowest level in four years in October, official data showed yesterday. “Annual consumer price inflation was 2.8% in October 2024, the lowest since June 2020 (during the Covid-19 pandemic) when the rate was 2.2%,” Statistics South Africa (Stats SA) said in a statement. The South African...
The future of quantitative investing is going to be shaped by Artificial Intelligence (AI). Quantitative investment strategies can identify better opportunities, and leverage them into those using mathematical models with the use of sophisticated algorithms. Quantitative investing applies a mathematical model and algorithms to determine investment opportunities. About half of quantitative investors have implemented AI...
PyroNam, a Namibian biochar production company, is set to invest approximately N$7 million in establishing its first biochar plant in Otjinene. Located in the Omaheke region, Otjinene has the potential to produce biomass. Henrike Geldmacher, managing director of PyroNam, announced that the company has diversified its focus to engage with communal areas authorised under local...
Isabel Bento ARANDIS – HyIron-Oshivela Green Iron project signed its first-ever off-take agreement with German-based automotive technology company Benteler.HyIronic-Oshivela is the first industrial production project of iron at net zero emissions in Namibia. Co-founder of HyIron-Oshivela, Johannes Michels, made the announcement during a site visit to the plant in Arandis on Tuesday.“This is the first...
Gernot de Klerk The hum of Artificial Intelligence (AI) servers is increasingly perceptible alongside the familiar drumbeat and rhythms of marketing departments across the globe. Once merely a buzzword, AI has transformed into a vital tool that is redefining the very essence of marketing. Embracing it has long been resisted for understandable reasons, particularly in...
The Capricorn Foundation has partnered with Development Aid from People to People (DAPP) Namibia to support the project titled ‘Gardening to Counter Prevailing Malnutrition in the Omusati region’. The initiative aligns with the Capricorn Foundation’s focus on economic development and vulnerability. Its goal is to promote food security, self-sufficiency and improved nutritional well-being in vulnerable...