Trustco Group Holdings Limited (Trustco) has announced plans to upgrade its American Depositary Receipts (ADR) program to Level 3, in order to expand its presence in the United States of America (US) capital markets. Trustco’s ADR program began in 2014 as a Level 1 program through Bank of New YorkContinue Reading
Old Mutual Namibia has reaffirmed its commitment to serving the people of Otjiwarongo with the highest level of excellence and support with the relocation of its branch to a brand-new location within the town. Delivering the official keynote address during the branch opening, Ndangi Katoma, Managing Director of Retail MassContinue Reading
By S M Asad Abbas Recently, my colleague, Kehad Snydewel, wrote an article about how Artificial Intelligence (AI) impacts every sector and challenges well-established businesses. A significant and surprising shift is the challenge a company like Google faces. OpenAI announced its entry into the search market with SearchGPT. This isContinue Reading
The fourth preliminary round in the 2024 Nedbank Kapana Cook-Off competition took place in Oranjemund last week Saturday, which marked its first ever stop in the south. The competition, which is in its 10th year, made it’s made its debut in Oranjemund and saw 30 participants take part in theContinue Reading
The Government of Namibia has granted approval for the construction of a 20 million cubic metre per year desalination plant in the Erongo Region, a crucial step toward addressing the rising water demand driven by increased uranium mining and other industrial development, as well as population growth. This strategic decisionContinue Reading
Kraatz, a subsidiary of the Ohlthaver & List (O&L) Group, has announced the successful conclusion of the latest wage negotiations with the Metal and Allied Namibian Workers Union (MANWU). The new one-year substantive agreement, effective from 1 July 2024 to 30 June 2025, reflects Kraatz’s commitment to its Vision 2029Continue Reading
Broll Namibia, a proud subsidiary of the Ohlthaver & List (O&L) Group, has announced the successful conclusion of wage negotiations with the Workers Council, resulting in a two-year substantive agreement effective from 1 July 2024 to 30 June 2026. This agreement underscores Broll Namibia’s commitment to achieving the goals setContinue Reading
By Dr. John Steytler Recently, I heard snippets of a commencement speech that the legendary tennis player, Roger Federer, gave to the graduates at Dartmouth University, USA. Anything Roger has to say should be listened to; he is, after all, one of the greatest tennis players of all time. ApartContinue Reading
With more than 600 million people across Africa lacking access to electricity, the International Energy Agency (IEA) estimates that Africa will need to double its electricity generation capacity by 2040 to meet growing demand. The African continent has been identified as a prime source for renewable energy exports to regionsContinue Reading
The inaugural Global African Hydrogen Summit, themed From Ambition To Action: Fuelling Africa’s Green Industrial Revolution, will take place from 3 – 5 September 2024 in Windhoek, Namibia, and will focus on the role Africa expects to play in the global hydrogen economy. A recent report co-authored by McKinsey &Continue Reading
