By Eunice Tjituka Namibia’s financial market is poised for a significant transformation with the introduction of the Central Securities Depository (CSD), a critical infrastructure approved by the Namibia Financial Institutions Supervisory Authority (NAMFISA) on March 8, 2024. As a cornerstone of modern financial systems, the CSD promises to revolutionize theContinue Reading
The Pupkewitz Group, well-known for its longstanding contributions to the Namibian retail landscape, is unveiling an ambitious transformation of its MegaBuild Lifestyle concept at a new location in The Grove neighbourhood in Windhoek. This store introduces an innovative, immersive retail experience to Namibia, blending thoughtful design, convenience and an extensiveContinue Reading
By Roland Innes Emotional intelligence (EQ) has become a critical skill for modern leaders aiming to advance their careers. In an era where technology manages routine tasks, EQ is what differentiates leaders by enabling them to inspire, engage, and create cohesive teams. Leaders with strong EQ cultivate a culture whereContinue Reading
Bank Windhoek is committed to enhancing customer experience and modernising its facilities through a nationwide branch renovation initiative. This effort aims to provide a customer-centric, people-first digital experience available 24/7. Following the successful renovations of the Maerua Mall, Rehoboth, and Lifestyle Centre branches, new upgrades in Otjiwarongo, Outjo, Grootfontein, Tsumeb,Continue Reading
The Communications Regulatory Authority of Namibia (CRAN) has said it acknowledges reports of a data exfiltration attack on one of Namibia’s telecommunication operators, underscoring the critical importance of robust cybersecurity measures to safeguard critical infrastructure and information infrastructure and consumer data. Through the Namibia Cyber Security Incident Response Team (NAM-CSIRT),Continue Reading
Mobile Telecommunications Company (MTC) has announced an impressive 5.85% revenue growth for the just ended financial year. Dr Licky Erastus shared the company’s performance at its annual Financial Performance Announcement today. MTC has over the last 10 years openly shared its performance with the public in the interest of transparencyContinue Reading
Eco (Atlantic) Oil & Gas Ltd, a prominent player in the oil and gas exploration sector focusing on the offshore Atlantic Margins, has reported significant interest in its oil blocks off the coast of Namibia. The company is now contemplating a potential farm-out of its offshore Petroleum Exploration Licences (PELs)Continue Reading
Noronex Ltd and its big joint-venture partner, global miner South 32, have struck 30m at 1.1 per cent copper-equivalent from a 5000m drill program at their Fiesta prospect, part of the wider Humpback-Damara project in the south-western African country of Namibia. The project sits along the renowned Kalahari copper belt,Continue Reading
Non-monetary gold was Namibia’s largest exported commodity in October 2024, accounting for 16.9 percent of the total export of goods which was predominantly destined for South Africa. According to the Namibia Statistics Agency (NSA), uranium came second on the list accounting for 15.3 percent of the total exports and wasContinue Reading
The banking sector experienced a notable improvement in liquidity during October 2024, with average liquidity levels rising to N$6.7 billion, up from N$5.9 billion in September. According to Simonis Storm, this increase was primarily driven by cash inflows from coupon payments, diamond sales, and the redemption of the GC24 bond.Continue Reading
