Author: Staff Writer
South African Franchise Expands to Namibia
By: Staff writer South African copy and print, courier, and digital services franchise PostNet has expanded into Namibia, targeting an investment of around N$5.5 million for six stores across the regions. The company aims to open stores in Windhoek,…
Transport Records Highest Inflation Rise Despite Unchanged Fuel Prices
By: Staff Writer Transport costs experienced the sharpest annual inflation increase, rising from -0.1% year-on-year (y/y) in June 2023 to 8.3% y/y in June 2024, according to the Namibia Statistics Agency (NSA). This surge reflects higher expenses associated with…
Hyphen Appoints COO for Namibian Project
By: Staff writer Hyphen Hydrogen Energy has appointed Giuseppe Surace as its new chief operating officer (COO) effective 1 July 2024. Surace is expected to support the development of Hyphen’s green hydrogen project in Namibia. He will provide strategic direction,…
MTC Opens Dealer Shop in Otjinene
By: Staff Writer Residents of Otjinene no longer need to travel long distances for Mobile Telecommunications Ltd (MTC) services, thanks to the opening of a new MTC dealer shop in the town. Previously, MTC served its customers through Nampost,…
ECB Approves Electricity Price Hikes
By: Staff Writer Electricity is about to get more expensive this winter, after the Electricity Control Board (ECB) approved tariff increase applications from several distributors, effective 1 July 2024. These applications followed the ECB’s announcement of the 2024/2025…
Telecom Pens ZTE Deal for 5G Roll Out
By: Staff writer Telecom Namibia has penned a three-year joint venture partnership with Chinese-based ZTE and Huafull International Limited to bolster its mobile network capacity and deploy 5G. The network provider aims to invest in the TN Mobile…
Namibia, Zambia Sign One-Stop Border Post Agreement
By: Staff writer Namibia and Zambia have signed a bilateral agreement to establish a One-Stop Border Post (OSBP) at the Katima Mulilo Border Post. The agreement aims to streamline border procedures and enhance trade and security between the two neighbouring…
Bridgehead Declares N$500k Dividend
By: Staff Writer Bridgehead, the business arm of the National Youth Council (NYC) of Namibia, has declared a dividend of N$500,000 to its shareholders. The majority of these funds were declared by Uukumwe Youth Empowerment Consortium (“Uukumwe”), a…
Local Numbers at Hospitality Spots Continue to Drop
By: Staff writer Namibian’s appetite for tourism continues to take a nosedive after locals visiting hospitality establishments decreased to 17.7% last month, down from 19.1% in April 2024 and 22.5% in May 2023. Despite the low turnout from Namibians at…
GIPF Holding Millions in Unclaimed Benefits
By: Staff Writer The Government Institutions Pension Fund (GIPF) says it is currently holding millions in unclaimed benefits. While the exact amount remains undisclosed, the fund has identified unclaimed benefits belonging to 176 GIPF members. In a statement, GIPF…