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Growing BRICS Could Surpass the Economic Size of the G7
By: Josef Kefas Sheehama It is not surprising that the BRICS plus will usher in a new economic order if the group of seven (G7) does not pull up its shocks, as the group’s expansion presents new economic opportunities…
Opinion: Smoothed bonus funds – investing in uncertain times
By: Isaack Veii Global uncertainty has increased over the last 20 years or so, which means more than ever, global events impact investment markets. Whether it be political influence, war, outbreak of a pandemic, disruption in trade or supply of…
NamWater Unable to Meet 70% of Windhoek’s Water Demand … residents told to limit consumption to 423, 836m³ per week
By: Justicia Shipena and Nghiinomenwa-Vali Erastus Windhoek’s weekly water demand of nearly 500,000 cubic metres far exceeds the supply capacity of the Namibia Water Corporation (NamWater), which can only provide about 150,000 cubic metres per week. This shortfall…
Namibia Berries Refutes Claims of Paying Its Workers Poor Wages
By: Nghiinomenwa-Vali Erastus A company called Namibia Berries which is farming with blueberries in the Kavango East region has refuted claims that it has been paying its labourers a rate of N$5 per hour, well below the national…
Windhoek Electrifies 4,000 Informal Settlement Households
By: Hileni Inane The City of Windhoek (CoW) says it has electrified approximately 4,000 households in various informal settlements over the past five years. The city’s mayor, Queen Kamati, stated that this achievement demonstrates the city’s commitment to…
Agribank Seeks Green Climate Fund Accreditation as it Expands in the North
By: Nghiinomenwa-Vali Erastus and Loise Shiimi The Agricultural Bank of Namibia (Agribank) is working with the Environmental Investment Fund of Namibia to get accredited by the Green Climate Fund (GCF) to access climate finance. Agribank’s CEO, Raphael Karuaihe,…
ReconAfrica Boosts Balance Sheet, Cuts Costs by Nearly $1 Million
By: Justicia Shipena Canadian oil and gas company ReconAfrica has strengthened its balance sheet in recent months through strategic initiatives aimed at reducing costs and enhancing operational efficiency. In its latest quarterly financial report and first-ever sustainability report,…
Andrada Mining Records 83% Revenue Increase
By: Staff writer Tin and lithium company Andrada Mining has reported revenue of N$316 million (£17.9 million) in the 2023/2024 financial year. This is an 83% year-on-year increase from the N$173 million (£9.8 million) recorded in the previous financial…
Youth for Green Hydrogen Event to Connect Students with Experts
By: Fransina Nghidengwa The German government is planning to host an event aimed at bringing together a diverse group of stakeholders to highlight the collaborative efforts between Germany and Namibia in advancing green hydrogen technologies. The JCoI Youth…
FNB Wanderers Triumph in Rugby Union Semi-Finals
By: Staff Writer The semi-finals of the Windhoek Lager Rugby Premier League saw the FNB Wanderers claim a decisive 49-24 victory over FNB Kudus in the main event at the FNB WHS Vegkop Stadium in Windhoek. Despite Kudus…