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How Updating Retirement Annuity Beneficiaries Protects Your Legacy
By: Shali Ekandjo In the sphere of financial planning, few actions are as straightforward yet significant as routinely updating the beneficiaries of your retirement annuity (RA). This simple step ensures that your hard-earned assets are distributed in line…
Parliament Demands Banks’ Charges Impact Report
By: Nghiinomenwa-vali Erastus The Parliamentary Committee on Economy, Industry, and Public Administration, has asked the Central Bank to conclude the impact assessment of commercial banks fees and charges and share it with the Ministry of Finance. The governor…
Bycatch Threatens Pilchard Recovery
By: Nghiinomenwa-vali Erastus Regulators in the fishing industry have observed intentional pilchard bycatch affecting the recovery of the stock species. This was revealed in Parliament by the Minister of Agriculture, Land Reforms and Fisheries, Inge Zaamwani, on…
Will Millennials in Namibia Retire Comfortably?
By: Elanie Rossouw As Namibia’s millennial generation approaches their mid-career, the question of financial readiness for retirement is becoming a concern. Against a backdrop of rising living costs, high unemployment, and limited access to formal pension vehicles, this cohort…
Rice Cultivation Can Reduce 28,317 Tons of Rice Imports
By: Nghiinomenwa-vali Erastus A market intelligence report by the Namibia Agronomic Board has revealed that the country’s growing importation of rice to meet local demand offers a significant opportunity for local producers and traders to supply the domestic market….
From Student to Teacher: Mr. Kangende Michael’s Journey with IUM.
By: Stephanus Pombili “IUM is more than a university, it transforms lives and prepares you to succeed in the real world.” These are the powerful words of Mr. Kangende Michael, an alumnus of the International University of Management (IUM) and…
88 Schools Pitched to Old Mutual for Chairs and Tables
By: Nghiinomenwa-vali Erastus A total of 88 schools have applied for chairs and desks through Old Mutual Namibia’s Chair and Desk Initiative, of which 7 were disqualified as they did not meet the eligibility criteria of being government schools….
Construction of the N$1.6 billion Solar Power Station Begins
By: Nghiinomenwa-vali Erastus NamPower officially initiated the construction of its largest Solar PV Power Station to date yesterday, the100 MW Sores |Gaib Power Station – situated 33 km northwest of Rosh Pinah. The power utility revealed in…
Unam Rice Project to Harvest 20 Tonnes
By: Loise Shiimi The University of Namibia Rice Projects at Ogongo Campus will harvest around 20 tonnes of rice this year, representing a 5 tonne increase from last year. The University Vice Chancellor Kenneth Matengu, revealed this…
Sub-Saharan Africa Recorded FDI Retreat
By: Shawn Uiseb World Bank research shows that Sub-Saharan Africa received the lowest foreign investment inflows of all developing economy regions during the 2012–2023 period, accounting for only about 5% of cumulative foreign investment flows. Foreign Direct…