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Petrofund Launches Flagship Scholarship To Empower Namibian Youth In Oil And Gas

Petrofund Launches Flagship Scholarship To Empower Namibian Youth In Oil And Gas

(MENAFN- African Press Organization) Namibia's Petroleum Training and Education Fund (Petrofund) officially launched its flagship scholarship program during the 2nd Youth in Oil and Gas Summit, reinforcing its commitment to building a highly...

SMEs’ spotlight with Pricilla Mukokobi – Young nail technician turns passion into thriving business

SMEs’ spotlight with Pricilla Mukokobi – Young nail technician turns passion into thriving business

Born in Otjiwarongo and raised in Windhoek, Jenita Amupolo (19) is not your typical teenager. While many her age are still figuring out what they want to do, she is already running her own growing nail business, Nails By Dulla. She is doing it...

Environmental fund secures access to global climate finance

Environmental fund secures access to global climate finance

The Environmental Investment Fund (EIF) of Namibia has been accredited as a National Implementing Entity (NIE) of the Adaptation Fund. According to the statement issued by CEO Benedict Libanda, the accreditation, confirmed during the...

Cool, hazy and drizzly weather in Windhoek linked to Atlantic low-pressure system

Cool, hazy and drizzly weather in Windhoek linked to Atlantic low-pressure system

Unusual hazy, cool and drizzly conditions over Windhoek and surrounding areas in recent days have been linked to a low-pressure system off the Atlantic coast, according to the Namibia Meteorological Service. Control meteorological technician for...

‘Nigeria, Other African Central Banks Gold Rush Faces Liquidity Crisis’, Fitch Warns

‘Nigeria, Other African Central Banks Gold Rush Faces Liquidity Crisis’, Fitch Warns

Nigeria and other sub-Saharan African central banks that have added gold to their reserves in recent years could face price and liquidity crises if the value of the precious metal slides, BMI, a unit of Fitch Group, said on Wednesday. Ghana,...

Six human trafficking cases reported in Namibia amid rising cross-border exploitation concerns

Six human trafficking cases reported in Namibia amid rising cross-border exploitation concerns

The police have recorded six cases of human trafficking between June 2024 and June 2025, police chief inspector general Joseph Shikongo says. Speaking at a World Day Against Trafficking in Persons event at Rundu, Shikongo revealed that five...

Six Namibians trafficked to Asia

Hertta-Maria Amutenja Six Namibian nationals were repatriated from Southeast Asia after being trafficked between June 2024 and June 2025. The victims, five from Myanmar and one from Laos, were returned to Namibia through coordination between...

African central banks’ gold rush faces liquidity, price risks, Fitch unit says

African central banks’ gold rush faces liquidity, price risks, Fitch unit says

Sub-Saharan African central banks that have added gold to their reserves in recent years could face price and liquidity crises if the value of the precious metal slides, BMI, a unit of Fitch Group, said on Wednesday. Ghana, Tanzania and Nigeria...

Namibia Bets Big on Green Energy to Fuel Economic Comeback

Namibia Bets Big on Green Energy to Fuel Economic Comeback

Namibia is charting a bold path to reclaim its upper-middle-income status after a recent World Bank downgrade. President Netumbo Nandi-Ndaitwah has unveiled a national plan targeting 7% annual economic growth and a $6,000...

Austin Elindi says he fears Windhoek Correctional Facility due to reservist past

Austin Elindi says he fears Windhoek Correctional Facility due to reservist past

Staff Reporter AUSTIN Elindi, the owner of Erongo Petroleum, a suspect who is embroiled in the National Petroleum Corporation of Namibia (Namcor) N$480 million fraud and corruption trial, during his first appearance today expressed fear when...

Market Recap 21 to 27 July 2025

Market Recap 21 to 27 July 2025

The Namibian Stock Exchange presented investors with divergent signals this week as the NSX Local index posted a modest gain of 0.11% to close at 749.3 points, while the NSX Overall Index retreated 0.60% to finish at 1792.1 points. Market...

Namibia’s Offshore Oil Dreams Are Taking Shape

Namibia’s Offshore Oil Dreams Are Taking Shape

Portugal’s Galp Energia has begun receiving offers for its massive Mopane oil discovery off Namibia’s coast, signaling that one of Africa’s most promising new hydrocarbon frontiers could be edging closer to commercial production. The company told...

Namibians mourn businessman, sportsman and pilot Van Dyk

Namibians mourn businessman, sportsman and pilot Van Dyk

Date: July 28, 2025 Staff Reporter NAMIBIANS from all walks of life are in mourning, with messages of condolence pouring in following the tragic death of Jaco Nicolaas van Dyk – the businessman, pilot, and former rally driver who died in a motor...

Financial stress is the new normal

Mignon du Preez For over half of Namibia’s working force, pressure is an immediate reality and not a short-term phenomenon. 52% of Namibian employees report that they are under stress financially, according to the 2024 Old Mutual Financial...

Gold rush by African central banks carries liquidity and price risks, says Fitch’s BMI unit

Gold rush by African central banks carries liquidity and price risks, says Fitch’s BMI unit

Nairobi — Sub-Saharan African central banks that have added gold to their reserves in recent years could face price and liquidity crises if the value of the precious metal slides, BMI, a unit of Fitch Group, said on Wednesday. Ghana, Tanzania and...

Clean-up day at Windhoek’s Single Quarters sparks smiles, gripes and calls for better toilets

Clean-up day at Windhoek’s Single Quarters sparks smiles, gripes and calls for better toilets

A clean-up campaign was held at Single Quarters, also known as Oshetu Community Market, in Windhoek on Wednesday. The event was organised by the City of Windhoek, which says the market undergoes a thorough cleaning every Wednesday to maintain a...

Full list of Donald Trump’s new tariffs set to come into force next week

Full list of Donald Trump’s new tariffs set to come into force next week

Economists expect the global economy to suffer as a result of the new measures (Picture: Shutterstock) Donald Trump has signed the executive order which will bring into force sweeping new tariffs on imports from dozens of countries. In a major...

Eenhana Expo a Call for Local Enterprise Growth

Eenhana Expo a Call for Local Enterprise Growth

By: Patemoshela Lukolo The 15th Eenhana Expo officially opened this week under the theme ‘Advancing Innovation and Diversification,’ positioning itself as a platform for inclusive growth and strategic economic engagement in northern Namibia....

Brazil, Spain support Nam’s energy sector

Brazil, Spain support Nam’s energy sector

Namibia’s international partnerships appear stronger than ever after two countries, Spain and Brazil, yesterday pledged technical support for offshore oil security and collaboration in renewable energy and water infrastructure. Ambassadors Loss...

Mapping organized criminal economies in East and Southern Africa

Mapping organized criminal economies in East and Southern Africa

East and Southern Africa (ESA) is a pivotal node for organized crime, connecting regional criminal markets to global networks. From the shores of Somalia to border crossings and international air and seaports in Ethiopia, Kenya, Tanzania,...

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