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Eutelsat Low-Orbit Satellite Internet Service Launched in Namibia
By: Dwight Links Twoobii-OneWeb, a Eutelsat OneWeb high speed Low Earth Orbit satellite service, was launched in Windhoek last week to improve nationwide internet access. Namibian-based internet service provision companies Q-Kon, Echo Namibia and Oblixx…
Global Electric Car Sales Increased by 20% in 2025
By: Dwight Links An outlook report by the International Energy Agency (IEA) showed that electric vehicle sales saw an upward trajectory in 2025. “Electric car sales grew by 20% globally to exceed 20 million in 2025, meaning…
Guinea Bans Raw Gold Exports
By: David Shoombe Guinea has become another of Africa’s nations to ban the export of raw materials, instead focusing on domestic processing and value addition. This decision came with a stern warning for foreign companies operating in the…
The Future of Namibian Work Lies in Collaboration
By: Kehad Snydewel As artificial intelligence (AI) and automation continue to reshape the global economic landscape, a familiar anxiety has surfaced in Namibia. People worry that entry-level jobs will disappear. However, this economic evolution, driven by AI,…
Namibia has More Than 32 Embassies, High Commissions, and Consulars
By: Nghiinomenwa-vali Hangala As Namibia continues to seek investments, trade partnerships, and more markets to diversify and structure its economy, the country has employed various tools to market itself and attract investors and open new markets. One of…
BRICS’ $1Bn Loan to SA Challenges Traditional Financial Institutions
By: David Shoombe South Africa has secured a $1 billion loan from BRICS’ New Development Bank (NDB) for infrastructure upgrades to projects such as energy, roads and ports. According to the bank, in the past 10…
Entrepreneurs Call For a New Economic Focus as Capital Costs Rise
By: Peneyambeko Jonas “Why is it that other African countries are growing their economies through manufacturing, value addition and industrialisation, while Namibia continues to depend largely on importing finished products?” Founder of Water Engineering Africa, Tangeni Nghiwewelekwa, posed…
Central Banks Still Banking on Gold
By: Dwight Links About 74% of respondents to the latest Central Bank Gold Reserves Survey for 2026 noted that they expect to see moderate or significantly lower US dollar holdings within global reserves over the next five years….
Investors Switched N$2.6 Billion of GC27 to Date
By: Nghiinomenwa-vali Hangala Come 15 January 2027, the government will not pay back N$2.6 billion it borrowed from investors through the GC27. This is because some of the investors who have lent government money through the GC27 have…
Tunga Real Estate Distributed N$21,7 Million to GIPF
GIPF, as an anchor investor in the Tunga Real Estate Fund, has received N$21.7 million from the Fund as it grows investors’ capital. The Fund, which is part of Old Mutual Alternative Investments Namibia, announced this last week. GIPF…