In response to a discernible realignment of international maritime interests in recent years, the shipping industry has undergone several formidable changes in technical development, economic infrastructure and operational procedures. Some of these changes have had negative effects, whereas others have undoubtedly strengthened the industry’s overall foundation. First and foremost, international shipping is presently making a...
In the 2019 elections, the dominance of the Swapo Party came to a slumbering halt when the liberation movement lost its two-thirds majority in the National Assembly, with this loss of hegemony further compounded when its presidential candidate at the time, late president Hage Geingob (may his soul rest in peace) managed to secure only...
As Namibia contends with pressing issues like unemployment and inequality, one crucial question emerges; how can we shape our future without engaging in the political process? Politics is often misunderstood and viewed merely as a struggle for power or the domain of a select few. Many people frequently assert, “Politics is a dirty game, I...
The recent discovery of significant oil and gas reserves in Namibia presents a transformative opportunity for the country. If managed effectively, these resources could propel Namibia towards unprecedented economic growth, providing a foundation for development that benefits all citizens. However, as history has shown, the discovery of natural resources can be both a blessing and...
The Land of the Brave has been bestowed with some of the most majestic, rugged landscapes, fierce wildlife, and an abundance of natural resources. While many of these natural resources are already a mainstay of our economy, the focus has shifted in recent years to the potential of energy resources. With potentially huge oil and...
In early September, I spent six days in Namibia where I took part of the Africa Green Hydrogen Summit. I discovered a country ripe with opportunity, with active civil society and young people, a dynamic investment climate, and dedicated officials. Namibians are fully committed to their country’s success, and to pursuing the late President Hage...
Global warming and climate change are not merely the concerns of a few lobby groups, but rather serious threats to humanity’s livelihood, recognised by 196 countries, including Namibia. It is, therefore, regrettable to see Rowland Brown’s article, downplaying the impact this global crisis has on Namibians, suggesting that it may be a lobby-driven hoax to...
Grönvik, in his work on the definition of disability in the social sciences, displays a photograph of a body, with the person’s head and face cut off, in a wheelchair at the bottom of a flight of stairs, and then proceeds to explain that the photography could be seen to reflect no less than five conceptions...
The waters of the cold Benguela Current are tremendously productive. This is a consequence of the wind-driven upwelling that brings a continual supply of dissolved nutrients from deeper waters to the surface. Tiny organisms called phytoplankton absorb nutrients; near the surface, with exposure to sunlight and the process of photosynthesis, these organisms reproduce rapidly, supplying...
Having covered how to pitch your business to investors and lenders in our previous column, we will now dive into the financial information that is required to accompany your pitch, specifically to lenders. Lenders will generally require the cash flow budget and the statement of assets and liabilities as part of any loan application. They...