Author: Staff Writer
Namibia’s Exports Halved, Trade Deficit Doubles
By: Staff Writer Namibia experienced a stark decline in exports last month, with trades plummeting from N$12.0 billion in January 2024 to N$6.1 billion, exacerbating the country’s trade deficit, which more than doubled. The significant decrease of 48.9% was…
O&L Group CEO and CCO to Step Down
By: Staff Writer Ohlthaver & List (O&L) Group has announced the resignations of their Chief Executive Officer (CEO), Wessie van der Westhuizen, and Chief Culture Officer (CCO), Sonja Thieme, effective 30 April 2024. In an internal communication shared…
Water Scarcity in Windhoek Reaches Critical Levels
By: Staff Writer The Windhoek Municipality faces an imminent threat of escalating water scarcity, with consumption rates soaring by 10%, rather than achieving the targeted 10% reduction. This worrying trend could prompt the declaration of a more severe…
First Cohort of Green Hydrogen Students Set to Depart for Germany
By: Staff Writer Following the conclusion of the two-day Sasscal-organised Green Hydrogen Symposium in Windhoek this week, the first cohort of students in the green hydrogen scholarship program will be departing for Germany, with others set to follow later….
Hartzenberg Becomes First in Namibia to Attain Dual Chartered Accountant Designations
By: Staff Writer Florian Hartzenberg has achieved a significant milestone by becoming the first professional accountant in Namibia to acquire both the Chartered Accountant, Namibia (CA(NAM)) and Chartered Global Management Accountant (CGMA) designations. This accomplishment follows the collaborative efforts…
NBL Calls For Responsible Consumption This Easter Weekend
By: Staff writer Namibia Breweries Limited (NBL) has urged the public to consume alcohol in moderation and in a responsible manner ahead of the upcoming Easter long weekend. As part of its ongoing Take a Second responsible consumption campaign,…
FNB Scoops Euromoney Awards Second Year in a Row
By: Staff writer FNB has once again scooped the Euromoney Awards for Africa’s Best International Private Bank in Botswana and Namibia, for the second year in a row. The Bank was also crowned Africa’s Best Bank for Ultra High-Net-Worth Individuals,…
Govt Allocates Additional N$8 Million to Revitalise Kalimbeza Rice Project
By: Staff Writer President Nangolo Mbumba has announced that the government has earmarked N$8 million in the 2024/2025 fiscal budget to breathe new life into the Kalimbeza National Rice Project. Mbumba disclosed this during Thursday’s Independence Day celebrations…
SADC Tourism Operators Missing Out on Digital Revolution
By: Staff writer There is a need for SADC tourism operators to urgently embrace digital transformation if the region wants to remain competitive, according to a new skills audit report from the SADC Business Council. The widespread adoption of…
Namibia Critical Metals Sells Non-core Gold Properties
By: Staff Writer Canadian junior gold exploration company Sylla Gold has acquired four of Namibia Critical Metals’ non-core gold properties located in Namibia. As part of the acquisition, Sylla will issue Namibia Critical Metals 3,000,000 common shares at…