…as K2G NextGen Entrepreneurs Showcase lights up Tsumeb Governor of the Oshikoto region, Penda ya Ndakolo has said that MSMEs’ contribute approximately 12 percent of Namibia’s GDP adding that the sector has approximately 33,700 MSMEs of which around 15,000 are formally registered. Ya Ndakolo was speaking today at the inaugurationContinue Reading
The hydrogen industry may grow the domestic labour market by creating an estimated 280,000 jobs by 2030 and 600,000 jobs by 2040, contents of Namibia’s Green Hydrogen Derivatives Strategy launched recently reveals. Of these, about 30% would be direct (in the industry), 20% would be indirect (through goods and services),Continue Reading
Namibia’s Minister of Transport John Mutorwa will be joined by Finnish Minister for Development Cooperation and Foreign Trade Ville Skinnari to officiate the opening of the Namibia Aviation and Connectivity Forum that takes place 16-18 November 2022 at the Safari Court Hotel in Windhoek. Among other prominent names coming throughContinue Reading
By Isaack Veii There has always been uncertainty in markets. Recent negative investment returns, coupled with increased inflation and rising interest rates, have not helped much in easing the minds of investors. So, what should investors do? Should investors ‘de-risk’ by moving to money market investments or should they waitContinue Reading
Around 26 percent of the Namibian population is estimated to suffer from food insecurity and in need of urgent humanitarian assistance. The Capricorn Foundation, under its Vulnerability Programmes, aims to address social issues such as poverty by partnering with like-minded organisations to bring about positive change and at the sameContinue Reading
Osino Resources’ Twin Hills Gold mine, located close to Karibib – and was awarded a 20 year mining license by the mines and energy ministry recently – will cost about US$375 million (approximately N$6.8 billion) to establish. This is contained in the 2021 Sustainability Report of Canadian-listed gold explorer andContinue Reading
Through appropriate management and allocation of oil, gas, and green hydrogen revenues, our country can promote economic diversification and thus build the basis for higher and stable growth, Bank of Namibia Governor, Johannes Gawaxab has said. Gawaxab was speaking at the central bank’s annual symposium held last week which wasContinue Reading
Value creation through innovation and its possible impact on the local economy was the focus of a panel discussion held by the Alumni Association Namibia and Dr. Jako Volschenk of the Stellenbosch Business School. Stellenbosch Business School’s Namibia Alumni Breakfast & Networking Event, facilitated by Denille Roostee offered some valuableContinue Reading
…as NAMDIA sets news pathways for growth, diamond price discovery Newly appointed Namib Desert Diamond (Pty) Ltd (NAMDIA) CEO, Alisa Amupolo has highlighted that in the next five years, NAMDIA will look to partnering with a unique and distinctive collection of industry players and leveraging on the global reservoir ofContinue Reading
By John Steytler It seems as if Namibia has a bit of a spring in its step, some swagger if you will. This could be because winter is behind us, however, I believe there’s another reason, and as an economist first and foremost, this reason pleases me. It is theContinue Reading
