Vmsix, the acclaimed award-winning Namibian music group, recently announced their music had been submitted for consideration for the Grammy Awards. This marks a significant milestone for the talented artists, who have been making waves in the local and international music scene of late. The group’s entry features their collaboration with the acclaimed singer-songwriter, mixing engineer...
Music lovers were disappointed when local artist Lazarus Shiimi, known as Gazza, failed to hit the stage at the Iconic Music Festival in Windhoek last weekend as was promised by event organisers, Mindscape Events. Gazza was part of the line-up of artists set to perform at the music event where South African artists Kwesta and...
Iuze Mukube The 3rd Annual Micro, Small & Medium-sized Enterprises (MSME) Forum of the African Union (AU) is currently ongoing in Windhoek, and various delegates, exhibitors, and small enterprise entrepreneurs have swarmed to the occasion. As the forum aims at fostering financial empowerment and educational innovation for African start-ups and SMEs, local entrepreneur, Taimi Shivute,...
The homegrown financial services entity, Capricorn Group Limited, yesterday reported an impressive profit of N$1.74 billion after tax with year-on-year growth of 9.9% in its latest financial results for the year ended 30 June 2024. The Group, with diversified operations and business interests in Namibia and Botswana, is listed on the Namibian Stock Exchange. Through...
Fossil-fuel-producing countries and companies are being asked to pay into a new international fund to help poor countries cope with the effects of the climate crisis. The climate investment fund is being set up by the Azerbaijani government, the host country of the COP29 United Nations climate summit in November. The Climate Finance Action Fund...
Ukraine is running out of time as counter-offensive measures against Russia’s “special military operation” and the recent Ukraine’s terror incursion in Kursk Oblast of Russia dismally failed. Russia continues gaining more ground and seizing vast territories in relentless, fierce battles since then. The strategic town of Prokovsk is about to fall. But what has Ukraine...
The Namibian government is under increasing pressure to privatise the Meat Corporation of Namibia (Meatco) as concerns mount over the company’s financial instability. A recent report by Ombu Capital (Pty) Ltd, led by former Standard Bank Namibia Holdings CEO Vetumbuavi Mungunda, has put forth a strong case for privatisation to prevent the state-owned entity from...
With Namibia’s National and Presidential Elections less than three months away, chaos, characterised by factionalism, reigns in Namibian politics. It would seem Namibian political operators are passionate about and committed to division. As the African saying goes, “When two elephants fight, it is the grass that suffers.” The saying is true for several political parties...
New Era journalist Loide Jason (LJ) yesterday sat with Deputy Minister of Information and Communication Technology, Modestus Tshitumbe Amutse (MA) to learn more about his political journey, the transition from journalism to politics and his views on current national issues. LJ: Congratulations on your recent appointment as deputy minister and for being one of the...
The dream of owning a decent house remains a mirage and a thorn in the flesh for many Namibians as only 1.7% people can afford a N$1 million house. This is worsened by the rapid urbanisation and migration that is driving millions into informal settlements, where 67% of the urban population resides. This information is...