Category: Business
Skills Gaps in Namibia’s Extractive Sectors
By: Dwight Links The latest national survey on research and development (R&D) has unveiled a concerning shortage of skilled Namibians equipped to participate in the emerging extractive sectors and contribute value-added roles. Namibia’s updated status within research and…
Namibian Fatty Oils Gain Traction in European Cosmetic Industry
By: Justicia Shipena Namibian fatty oils are making significant strides in the European market, according to Julia Muetudhana, the executive director for talent, innovation, and productivity at NIPDB. Muetudhana highlighted that oils such as marula and manketti are increasingly…
Mello Bakery, Rising with Rosamunde
By: Tiffany Miller In the heart of industrial Windhoek, Mello Bakery hums with activity. The 24-hour operation, which produces thousands of loaves of bread every day, has recently become the place of work for young Rosamunde, a participant in…
Vehicle Sales Soar in March
By: Staff writer March 2024 witnessed the highest vehicle sales since July 2016, with 1,451 units sold last month, just 89 units shy of the 1,540 sold in the same month eight years ago. Out of the 1,451…
Lüderitz Presents Opportunities for Economic Diversification
By: Nghiinomenwa-vali Erastus Various industries such as oil and gas, as well as green hydrogen, planned for the //Karas Region, with many centred around the Lüderitz local authority, are poised to elevate Namibia’s diversification efforts. During his visit…
Oshikoto Regional Governor Office Supports Start-ups with N$100,000
By: Juliana Iikela In a bid to boost entrepreneurship and economic growth, the Office of the Oshikoto Regional Governor allocated N$100,000 during the last financial year to support start-ups and micro-businesses within the region. The allocation was to assist…
BIPA Extends Annual Duty Penalty Waiver Grace Period
By: Justicia Shipena The Business and Intellectual Property Authority (BIPA) has announced an extension of its Annual Duty Penalty Waiver Programme for an additional three months, now ending on 30 June 2024. The initiative launched late last year offers…
Windhoek Draught Loses Market Share Despite Dominating As Top Namibian Brand
By: Justicia Shipena While Windhoek Draught maintains its position as the leading brand in Namibia, it has seen a decline in its market share. Peter Simons, Managing Director of Namibia Breweries Limited (NBL), revealed this information during the company’s…
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…