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Trustco Group Holdings Seeks U.S. Stock Listing
By: Staff Writer Trustco Group Holdings Limited has announced its intention to become the first Namibian company to be listed on the Nasdaq Stock Market. Currently trading on the Namibian Stock Exchange (NSX) and the Johannesburg Stock Exchange…
Paladin Energy Lowers Uranium Production Targets at Namibian Mine
By: Justicia Shipena, David Shoombe Paladin Energy Ltd. has revised its 2025 production outlook for the Langer Heinrich Mine (LHM) in Namibia, lowering its target from the previously expected 4.0–4.5 million pounds (Mlb) of uranium oxide (U3O8) to…
Opinion: Estate planning: Expenses to be considered for a deceased estate
By: Letitia Du Plessis A deceased estate refers to the property and money left behind by a person after they passed on. A critical part of estate planning is ensuring that there is sufficient cash in your estate to…
Elombo Appointed as NEI Director
By: Kavee Vezemburuka The Namibia University of Science and Technology (NUST) has appointed Andreas Elombo as the Director of the Namibia Energy Institute (NEI). Elombo, an engineering scientist specialising in electrical engineering, holds a PhD in Engineering Science…
Windhoek Forms Partnerships to Boost Education and Urban Development
By: Dolly Menas and David Shoombe The City of Windhoek (CoW), Welwitchia University, and Namibia Airports Company (NAC) have signed a Memorandum of Understanding (MoU) aimed at fostering a sustainable future through enhanced educational and urban infrastructure initiatives….
Over 69,000 More Women Than Men Living With HIV
By: Annakleta Haikera The number of women living with HIV in Namibia is disproportionately higher compared to their male counterparts. According to the latest Namibia 2024 HIV Spectrum estimates, the prevalence rate is significantly higher in women, at…
FNB Launches Cross-Border Payment Solution
By: Dolly Menas First National Bank (FNB) Namibia has partnered with BankservAfrica to introduce the Transactions Cleared on an Immediate Basis (TCIB) solution. The payment solution is an innovative system designed to enhance cross-border payments within the Southern…
Africa Advised to Ditch US Dollar to Reduce Cross-Border Trade Costs
By: Nghiinomenwa-vali Erastus In a recent interview with Bloomberg Africa, a Standard Bank Group analyst highlighted that intra-African trade could see significant improvements if African nations eliminate the US dollar from their cross-border transactions. Tunde Macaulay, head of…
Is It About How Big Your Flag and Rally Are Now? …a message to the more than 900,000 voters
By: Kandjengo kaMkwaanyoka It is disappointing that the strategy politicians seem to have chosen to reach out to voters nowadays is by way of displaying big flags, parades, musical dances, and useless songs. When will we actually communicate…
DBN’s Balance Sheet Affected by Oil Storage Loan
By: Nghiinomenwa-Vali Erastus The Development Bank of Namibia (DBN) has reported a decline in its balance sheet, primarily attributed to the accelerated runoff from the National Energy Fund (NEF) oil storage loan exposure. The bank’s total balance sheet…