Author: Staff Writer
Old Mutual Foundation Launches N$500 000 Chair & Desk
By:Staff writer The Old Mutual Foundation (OMF) yesterday announced the launch of its Chair & Desk (C&D) Initiative, a project created to address the urgent demand for usable chairs and desks in public schools throughout Namibia’s 14 regions. The Old…
El Niño Expected To Drive Food Prices Up Further
By:Staff writer Expected El Niño weather conditions are likely to further increase farmgate prices within the horticulture sector. This is after farmgate prices, the price of goods purchased directly from a farm, without markup added by retailers, have already outpaced…
Transforming Investment Performance with AI
By:Angelo Pieters Artificial intelligence (AI) has ushered in a new era of data-driven decision-making in the world of portfolio management. By leveraging advanced algorithms, AI has revolutionised the interpretation and analysis of vast amounts of market data. This article examines…
Shell, Total Flag Namibia As A Major Work In Progress
By:Staff Writer Shell and TotalEnergies have posted upbeat takes on Namibia in their second quarter results, although short on actual numbers. Total CEO Patrick Pouyanné said Namibia was a priority for the company. Appraisal drilling on the Venus find was…
Rosatom Discovers New Major Uranium Deposit In Namibia, Hopes New Uranium Province Will Emerge In The Country
By:Staff Writer Russian state-owned atomic energy corporation Rosatom has discovered a large uranium deposit in Namibia. This, according to Kirill Yegorov-Kirillov, the Director of Mining Projects at Rosatom’s Uranium One Group, has given hope for the discovery of a new…
Reflections of a CFO
By: Zenaune Kamberipa. In July 2020, I became Bank Windhoek’s Chief Financial Officer (CFO), where I am responsible for the Finance function, which includes planning, organising, auditing, reporting, accounting, and controlling the Bank’s finances. In banking, the Finance Department is…
Uutoni Issues Warning to Construction Companies Over Lack of Delivery
By: Staff writer Minister of Urban and Rural Development Erastus Uutoni, has issued a warning to companies that tender for construction of houses but do not deliver. Uutoni sounded the alarm as he was handing over 108 houses under the…
Namcor’s Acting MD To Speak On Namibian Upstream Oil And Gas At AEW 2023
By;Staff writer Namcor’s Acting Managing Director Shiwana Ndeunyema will attend African Energy Week (AEW) taking place in October this year in Cape Town. There, he is set to speak on Namibia’s upstream oil and gas activities and the investment opportunities…
Namibia Is Welcoming More Business Tourists
By: Staff writer Tourists coming into Namibia for business purposes continue to increase their share of the market after making up 17.3% of the total who entered the country in June. In May, 9.52% of all tourists who came…
SA Repo Rate Hike On A Break
By:Staff writer After 10 consecutive increases in the repurchase rate, the South African Reserve Bank has finally applied a break. However, while the bank opted to keep its prime lending rate at 8.25% on Thursday, the bank’s Governor Lesetja Kganyago…