The Minister of Finance and Public Enterprises Iipumbu Shiimi has announced the appointment of Board Members for the Namibia Power Corporation (PTY) LTD (Nampower) with Ester Kali named the chairperson while Laurence Kavendii is the vice-chairperson. Other Board Members include Gothlieb Hamutwe, Ralph Tobich, Martha Mbombo, Evat Kandongo and SilkeContinue Reading

Fly Namibia today landed for the first time at Victoria Falls International Airport as the airline launches its service between Windhoek and Victoria Falls. The Zimbabwean delegation present to welcome the airline at its maiden flight were Tourism Minister Barbara Rwodzi, Matabeleland North Provincial Affairs and Devolution Minister Richard Moyo,Continue Reading

…as N$5.24 billion is recorded in 2023 During the 2023 financial year, the Bank of Namibia recorded a significant increase in the currency in circulation compared to the previous financial year. The value of currency in circulation increased from N$4.87 billion in 2022 to N$5.24 billion in 2023, equating toContinue Reading

Despite a decline in beer sales by 13,7% due to challenging economic conditions, NBL’s net revenue increased by 15% to N$2,1 billion. This because of the successful integration of the Distell portfolio, which performed well year-on-year and a price increase to cover inflation.  This is contained in the brewer’s summarizedContinue Reading

By Adéle Prinsloo Life is a journey filled with unexpected turns. While we plan for the future, significant changes in our circumstances can occur – marriage, children, career advancements, or even health concerns. These milestones can leave our long-term insurance plans misaligned with our current needs. This is why weContinue Reading

Communications Regulatory Authority of Namibia (CRAN) has appointed Information Security Specialist Cornelia Shipindo as its new Cybersecurity Manager. Shipindo recently was an Information Security Specialist at Capricorn Group, where she was instrumental in governance and management of IT, incident management, data protection, and ensuring the security of information systems operations.Continue Reading

ASX-listed OAR Resources has signed a binding agreement with Bullrun Capital, Cityscape Asset and Impala Consulting to acquire a 100% interest in two exploration prospecting licences (EPLs) in the renowned Erongo region of Namibia, known for its significant active uranium deposits. The EPLs are currently in the application phase andContinue Reading