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Pirates deny ‘new’ topflight identity 

Orlando Pirates are not masquerading as Civics or any other team in the Debmarine Namibia Premiership, club chairperson Wilfred !Naibab said on Friday. The Buccaneers are in fact part of the Southern Stream First Division (SSFD) roster, having been relegated…

KARIN LUNDBACCK

Govt determined to improve water security at the coast 

The Namibian government is developing an integrated bulk water system along the Namibian coast to improve water distribution. This was announced by agriculture, water and land reform minister Calle Schlettwein at the commissioning of two water projects for Henties Bay,…

KARIN LUNDBACCK

Taapopi set to lead National Youth Council amid election controversy 

Swapo member and former Namibia National Students Organisation president Simon Taapopi is reportedly set to become the next executive chairperson of the National Youth Council (NYC). This is despite controversy surrounding the council’s leadership elections. The executive chairperson position is…

KARIN LUNDBACCK

Hango and Amushembe drive sustainable growth in Okatyali constituency

COLLABORATIVE efforts by two alumni of the Mandela Washington Fellowship (MWF) are driving sustainability initiatives for the benefit of the Okatyali constituency in the Oshana region. The two are Ester Hango and Hilde Amushembe. On 28 July, Hango and Amushembe…

KARIN LUNDBACCK

Namibians have N$148.3 billion deposited in the bank

As of the end of September, Namibians (individuals and businesses) had deposited N$148.3 billion into different bank accounts. This is an increase of N$13.4 billion compared to the same time last year, according to to the Namibia Statistics Agency third…

KARIN LUNDBACCK

Namibians have N$148.3 billion deposited in the bank

AS of the end of September, Namibians (individuals and businesses) had deposited N$148.3 billion into different bank accounts. This is an increase of N$13.4 billion compared to the same time last year, according to to the Namibia Statistics Agency third…

KARIN LUNDBACCK

FNB issues first Basel III compliantTier 2 notes in Namibia

FIRST National Bank of Namibia (FNB) has become the first bank to issue Basel III compliant Tier 2 capital notes worth N$500 million in Namibia. Tier 2 capital notes are electronic securities that are traded on financial markets, such as…

KARIN LUNDBACCK

88 Energy identifies 10 promising leads in Owambo Basin

88 Energy Limited says it has identified 10 independent structural closures with significant hydrocarbon potential in Namibia’s Owambo Basin. According to the oil and gas exploration company, this is through the initial interpretation of 2D seismic data within the southern…

KARIN LUNDBACCK

The future of Namibia’s financial market

NAMIBIA’S FINANCIAL MARKET is poised for a significant transformation, with the introduction of the Central Securities Depository (CSD). This critical infrastructure was approved by the Namibia Financial Institutions Supervisory Authority on 8 March. As a cornerstone of modern financial systems,…

KARIN LUNDBACCK

The Oil “Curse” and Namibia’s Critical Crossroads

In 2014, ZACK Beauchamp wrote an article titled ‘The Oil Curse: How Black Gold Makes Countries More Authoritarian, Corrupt and Violent’. This concept has since been discussed extensively, and numerous reports over the years have highlighted the adverse impacts of…

KARIN LUNDBACCK