LATEST NEWS
One Economy Foundation uses sport to tackle social issues
The One Economy Foundation is using sport and open conversations to raise awareness of mental health, sexual and reproductive health, gender-based violence (GBV) and femicide through its upcoming Game Changers event. The event will be held at Windhoek’s Independence Stadium on 22 August, and will combine a 5km and 10km fun run with family activities […]
Standard Bank appoints Namaseb to executive leadership team
Standard Bank Namibia has appointed Jerome Namaseb as executive officer for personal and private banking, effective 3 August. The bank announced the appointment in a statement issued on Monday. Namaseb will join the bank’s executive leadership team and is expected to lead the personal and private banking business. Standard Bank chief executive Erwin Tjipuka says […]
SADC called to end raw-material exports
South African president Cyril Ramaphosa says the Southern African Development Community (SADC) is still not fully utilising its potential, as the region continues to export raw materials instead of adding value locally. Speaking at the 46th SADC Summit in Durban, South Africa on Monday, Ramaphosa says the region must end its reliance on importing goods […]
Namibian banks approve financing for Andrada’s Uis project
Bank Windhoek and the Development Bank of Namibia will provide N$98 million to fund Andrada Mining’s ore-sorting project at its Uis mine. Andrada announced the final contract with the two banks on Monday, three months after the agreement was first announced. The two banks will each provide N$49 million over 10 years through a loan […]
America wants to help structure Namibia’s oil future
The United States (US) says it is committed to turning Namibia’s oil resources into lasting prosperity. US ambassador to Namibia John Giordano says in a statement released on Monday that American companies will help produce oil from Namibia’s technically challenging geology. “Only a handful of supermajor international oil companies have the technical expertise and experience […]