Author: Staff Writer
Namibian Economy Expected to Slow by 3.7% This Year
By: Staff Writer The Bank of Namibia projects that the economy will decelerate to 3.7% in 2024 before rebounding to 4.1% in 2025. The central bank attributes this anticipated slowdown primarily to weaker global demand and slower growth…
Mbumba Calls on Southern Leaders to Promote Youth Education for Emerging Sectors
By: Staff Writer President Nangolo Mbumba has called upon leaders in the southern regions to prioritise education for their youth, emphasising the importance of higher education in preparation for the burgeoning green hydrogen and oil and gas sectors set…
Old Mutual Group Reports N$91 Million Increase in Investment Returns in Namibia
By: Staff Writer The Old Mutual Group has announced a significant increase of N$91 million in its investment returns in Namibia for the year 2023 compared to the previous year. This was primarily fueled by higher interest rates…
New CRAN Appointment Aims to Bolster Cybersecurity Defences
By: Staff Writer The Communications Regulatory Authority of Namibia (CRAN) has appointed Information Security Specialist Cornelia Shipindo as its new Cybersecurity Manager. Shipindo joins CRAN from Capricorn Group, where her role as an Information Security Specialist was pivotal…
Paladin Achieves Commercial Production at Langer Heinrich After Six Years
By: Staff Writer Uranium producer Paladin Energy has announced the successful commencement of uranium concentrate production and drumming at the Langer Heinrich Mine (LHM). Earlier in January, The Villager reported that the company secured a N$2.8 billion loan…
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…