Qatar Airways Group has acquired a 25% stake in southern Africa’s independent regional carrier, Airlink. The announcement is a continuation of Qatar Airways’ ambition to further develop operations across the African continent. This deal comes as both airlines seek to expand African services and passenger numbers. The investment in Airlink, which flies to more than...
The skyline in Windhoek’s central business district (CBD) is set for a major makeover, as construction has officially commenced on the Capricorn Group’s new 13-storey landmark building. The groundbreaking ceremony on the corner of Independence Avenue and Kasino Street took place on Tuesday morning in what the group called a “historic milestone” for what will...
Louis Potgieter, a senior financial analyst at the Namibia Financial Institutions Supervisory Authority (Namfisa), has been appointed to the International Association of Insurance Supervisors (IAIS) Accounting and Auditing Working Group (AAWG). The working group is tasked withmonitoring developments in international accounting auditing, financial reporting, valuation standards, and public disclosures made by insurers. By joining this...
Health minister Dr Kalumbi Shangula has stated that to address the HIV epidemic, stakeholders engaged and mobilised resources to combat the spread of infection. The engagement also created an opportunity to provide the necessary medical countermeasures to restore the health of those affected, and save lives. “Looking back at the successes recorded, we can all...
After the declaration of mpox as a public health emergency of international concern by the World Health Organisation (WHO), health minister Dr Kalumbi Shangula called for calm, as Namibia has not recorded any case of the disease. He told Vital Signs this week that mpox has been endemic in many African countries, and is not...
Energy security demands a reduction in reliance on imported fossil fuels, as everyone braces for the potential of an impending energy apocalypse. Namibia must prioritise building a nuclear power plant reactor if it wants to surpass its current position, and become a leader in energy self-sufficiency. The most cost-effective way for Namibia to boost energy...
Topics around resource management and the socio-economic impacts do not require only a nuanced understanding to avoid search-engine from crash, nor the right blueprint, but gained momentum of resource sustainability. As much as the need to engineer new development in the fourth industrial revolution is concerned, more consideration is needed to diagnose and antagonise the...
The Namibia Water Corporation is owed a cumulative N$2.1 billion, a situation that has placed it between a rock and a hard place financially. This figure was released by NamWater spokesperson Lot Ndamanomhata yesterday while laying bare the grim reality of the entity’s financial position. In a statement, he said NamWater faces substantial financial challenges...
Iuze Mukube Popular Democratic Movement leader McHenry Venaani has taken a swipe at internal political slates ahead of their elective congress. The PDM congress kicks off tomorrow in Zambezi regional capital Katima Mulilo. They are also expected to launch their election manifesto this weekend. As of yesterday, delegates from different parts of the country had...
Namibia could become a crude oil exporter in the early 2030s when several projects reach their production peaks. This optimism is fuelled by concerted efforts to conclude appraisal, and shift the gear to development in the oil discoveries. Interim managing director at the National Petroleum Corporation of Namibia (Namcor) Ebson Uanguta made these remarks while...