Telecom Namibia CEO, Stanley Shanapinda has responded to a World Bank Group report titled, ‘Creating Markets in Namibia – Creating Resilient and Inclusive Markets’ released on the 8th of July 2022. The report stated, amongst others, that in Namibia: The costs for Internet data services are high, at an averageContinue Reading
Economic experts at Simonis Storm Securities have detailed a cocktail of policy reforms and remedies that are critical for government to avert the resource curse that may come with the recent discoveries of oil off the coast of Namibia. Oil discoveries were made at the Graff-1 and Venus WellsContinue Reading
SACU Executive Secretary, Paulina Elago has said that the successful launch of the Advance Ruling initiative by the Namibia Revenue Agency (Namra) will set Namibia apart and allow her to serve as a model for the rest of the SACU member states. Elago highlighted that as part of the mandateContinue Reading
Given that vehicle import levels edged lower in recent months, Simonis Storm Securities expects shortages of both new and quality second had cars to remain a constraint on vehicle sales in Namibia. Economist at the firm, Theo Klein last week further highlighted that local demand still exceeds supply, despite theContinue Reading
…as Trust marks 30 years of existence Deputy Minister of Industrialisation and Trade, Verna Sinimbo has called on the private and public sector to support Penduka Trust in order to keep its doors open by hosting workshops, conferences, and team building exercises, using the restaurant, pedal boat rides and accommodationContinue Reading
The Capricorn Foundation officially launched its Food Waste Challenge 2022. This follows the announcement of the commencement of the challenge on 29 June 2022, which called on innovative solutions from the public to reduce food waste in Namibia. At the event, more detail and guidance were provided on the natureContinue Reading
MultiChoice Namibia (MCN) has taken a firm stance in broadening its activism against content piracy through an installation review programme. “MultiChoice, who is celebrating 30 years in Namibia, uses technology and video entertainment to promote a hyperlocal strategy both in Namibia and beyond,” said MCN Head of Marketing, Abbelene Boer.Continue Reading
…Fuel station owners threaten to shut fuel pumps The Fuel and Franchise Association (FAFA) of Namibia, in a meeting with its members and various stakeholders has threatened a seven-day nationwide shutdown of fuel stations, should their final offer to the Ministry of Mines and Energy not be met. Fuel stationContinue Reading
Members of the Namibian Transport and Taxi Union (NTTU) are planning to strike in Windhoek on 26 July. Unionists are demanding a 40% fare increase, saying taxi prices have not been adjusted for at least two years despite rising fuel prices, maintenance costs and other expenses. The threat also comesContinue Reading
Once Equiano becomes fully operational in fourth quarter this year, it is expected to deliver up to 20 times more capacity than was previously available in Namibia. According to a recent economic impact assessment, conducted by Africa Practice and Genesis Analytics, and commissioned by Google, Equiano’s arrival in Namibia isContinue Reading
