Category: National
Opuwo Appoints First Female CEO
By:Uakutura Kambaekua Opuwo Town Council designated Matjandjara Tjihuura Katurota as the town’s first female CEO for a five-year term. Tjihuura Katurota is the first woman to occupy the position. Tjihuura Katurota replaced Petrus Shuuya, whose contract was not renewed after…
The Russia-Africa Summit And BRICS: What It Means For Namibia’s Economy And Africa
By:Josef Kefas Sheehama The Russia-Africa Summit ran from 27-28 July under the theme, “For peace, security and development” and was attended by 17 Heads of State including representatives of 49 of the 54 African nations. Furthermore, according to WION…
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…
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…
Windhoek And Swakopmund Have Priciest Three-Bedroom Homes – First Capital
By:Justicia Shipena Windhoek and Swakopmund have Namibia’s highest construction costs for a typical three-bedroom home, says First Capital in its Building Cost Index for June 2023. The biennial report provides an insight into the trend of prices of building materials…
Councillor Clashes With City Of Windhoek, As Municipality Demolishes Community Pit Latrine
By:Mathias Hangala, Loise Shiimi and Nghiinomenwa-vali Erastus A community member of Havana who built a pit latrine for herself and her neighbours has invoked the wrath of the City of Windhoek, resulting in them sending a team to demolish the…
EU Launches Its First Namibia Youth Sounding Board
By:Hertha Ekandjo The European Union has launched the EU-Namibia Youth Sounding Board (YSB) which aims to provide a space for meaningful involvement of young people in the EU’s cooperation with Namibia. The launch took place earlier this week at the…
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…