Month: September 2024

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Pensioner finds purpose in hat making
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Pensioner finds purpose in hat making

Pricilla Mukokobi  Heather Erdmann Maria Beukes, a retiree, discovered a newfound passion in hat-making. Her journey into the world of millinery began unexpectedly while attending a wedding planner course in Johannesburg. Beukes (54) said business is good, and she is able to make a living through Ladyee hats.  “I was intrigued by the hat-making course...

Capricorn Group invest N$25.8m in community
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Capricorn Group invest N$25.8m in community

Capricorn Group Limited released its 2024 Social Value Report, which highlights the institution’s ongoing commitment to empowering and supporting communities across Namibia and Botswana.  This report precedes the release of the group’s integrated annual report and annual financial results for this year, which will be released on 12 September 2024.  This year’s report showcased the...

Namibia gears up to host ICT summit
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Namibia gears up to host ICT summit

Ready… The Ministry of Information and Communication Technology (MICT), in partnership with its sponsors, will host the eighth National Information and Communication Technology (ICT) summit under the theme: “Building Resilience to ‘Adopt or Die’ in the Era of Digital Transformation and Artificial Intelligence (AI)”. The summit will be held from 9-11 September 2024 at the...

EFT regulations to be enforced soon
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EFT regulations to be enforced soon

On 30 September this year, the Determination on the Conduct of Electronic Fund Transfers within the National Payment System, also known as PSD-9, will become effective.  In addition, the directive on the speed and user fees and charges of the Common Monetary Area (CMA) transactions, also known as PSDIR-9 will  become effective.  In a statement...

Opinion – Namibia’s capital outflow hits N$14.2 billion
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Opinion – Namibia’s capital outflow hits N$14.2 billion

In a recent announcement, Bank of Namibia governor Johannes !Gawaxab reported a significant increase in capital outflow from Namibia, with N$14.2 billion leaving the country betweenJanuary and August 2024.  This marks a sharp rise from the N$10.6 billion recorded during the same period in 2023, reflecting a N$3.6 billion increase in net outflows.  The governor...

Opinion – Unduly restrictive land reform
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Opinion – Unduly restrictive land reform

Definitionally, land reform entails and/or encompasses a purposeful drive championed by the State, through its machinery, in addressing historical injustices with restorative measures. This would, therefore, mean the land reform programme must have ingredients of restitution and statutory restoration of rights unto land. Central to this will be premised on the natural recognition of historical...

Opinion – BRICS could surpass G7
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Opinion – BRICS could surpass G7

It is not surprising that the BRICS+ formation will usher in a new economic order if the group of seven (G7) does not pull up its socks, as thegroup’s expansion presents new economic opportunities for developing countries. There is no doubt that the establishment of the BRICS (originally Brazil, Russia, India, China and South Africa)...

Letter – ICT Summit an opportunity to shape technology landscape
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Letter – ICT Summit an opportunity to shape technology landscape

The annual Information and Communication Technology (ICT) Summit takes place from 9 to 11 September 2024 in Windhoek. This will be the eighth time the summit takes place. As always, it is a highly-anticipated event.  As Green Enterprise Solutions (Green), a leading provider of CT, we have always supported the summit, and this edition is...