Bank Windhoek’s Chief Treasurer, Claire Hobbs, said that foreign exchange markets facilitate international trade, payments, financial transactions, and investments. She made this statement in Windhoek, when she reminded clients about the Bank’s Onshore Foreign Currency (OFC) and Customer Foreign Currency (CFC) Accounts. Hobbs explained that these multi-currency borderless accounts allowContinue Reading

Namibia Berries, an export production blueberry project on the outskirts of Divundu village is planning to develop a 250ha blueberry farm, employing nearly 800 people and also creating 7000 jobs during the harvest seasons. This is a N$1.5 billion investment to be implemented over 7 years, with an ambition toContinue Reading

The Government of the Republic of Namibia (GRN) and Hyphen Hydrogen Energy (Hyphen) have announced dates for a National Green Hydrogen Roadshow. The roadshow, which will run from August until October 2023, will see members of GRN and Hyphen, engage with various stakeholders across Namibia to share information on theContinue Reading

By Salomo Hei The high inequality, rising unemployment and the high levels of poverty remains Nambian economic problem. There is a need for to consider implementing a series of growth initiatives that promote economic transformation, support labour-intensive growth, and create a globally competitive economy to become the building blocks ofContinue Reading

By Trophy Shapange The role of Brazil, Russia, India, China and South Africa (BRICS) as emerging protagonists in international development cooperation is significantly and rapidly changing. BRICS have caused changes in the architecture of international development cooperation, not only with regard to trade and financial flows but also as emergingContinue Reading

French energy giant TotalEnergies is going full steam ahead with its multi-well appraisal and exploration drilling programme in Namibia with two rigs. The oil major embarked on this drilling campaign after the Venus light oil discovery in Block 2913B (PEL 56) located in the Orange Basin, offshore southern Namibia. NamibiaContinue Reading