49% of Namibian consumers struggle with high cost of living

49% of Namibian consumers struggle with high cost of living

Namibian households are struggling financially amid high living costs, according to the latest findings from the Consumer Pulse Study conducted by TransUnion. The study reveals a significant increase in financial strain, with 49% of consumers now anticipating difficulty in fully paying their current bills and loans, up from 45% in Q3 2023. Lara Enslin, CEO of TransUnion Namibia, stressed that these findings reveal a proactive approach by consumers to manage […]

July 4, 2024 33

Namibia

Government warns of scam impersonating Labour Minister

The Ministry of Labour, Industrial Relations, and Employment Creation has warned against an impersonation scam currently circulating on social media platforms, falsely claiming to be representing Minister Utoni Nujoma. The impersonator is sending messages to individuals, asking for personal details to allegedly register them as beneficiaries for a supposed European Development Fund grant. Here is the Ministry's spokesperson Jeremia Namalenga.

July 4, 2024 54

World

German rail apologises for Euro 2024 travel delays

Germany's national rail operator has apologised to football fans for delays and overcrowding during the European football Championship. Germany is currently hosting Euro 2024, with millions visiting the country to cheer on their squads. Germany's Deutsche Bahn apologized to fans for late trains and overcrowded conditions during Euro 2024 in Germany. A senior board member admitted DB had not been "offering the quality that everyone deserves." The New York Times meanwhile ran a feature […]

July 4, 2024 37

World

Voters cast ballot in UK general election

Voting has begun across the United Kingdom in a general election which polling suggests could bring an end to 14 years of the Conservative Party in government. Prime Minister Rishi Sunak announced snap elections in May. Voters in 650 constituencies will elect members of Parliament to the lower chamber and the House of Commons. Throughout Thursday, tens of millions of voters have the chance to choose who they would like […]

July 4, 2024 22

Business / Economics

Oil discoveries make Namibia a top business travel destination

Oil and gas discoveries in Namibia are transforming the country into a high-end business travel destination from a tourist locale for a South African airline. Bloomberg Africa reports that Total Energies SE and Shell Plc have found an estimated 11 billion barrels of oil reserves in Namibia, in what is touted as potentially the biggest-ever deep water find. Namibia has yet to produce crude or gas but has become an […]

July 4, 2024 47

Business / Economics

Botswana’s Masisi proposes energy partnership with Namibia

Speaking at the official opening of the annual Swakopmund International Trade Expo, which is organised by the Namibia Chamber of Commerce and Industry, Botswana’s President Mokgweetsi Masisi announced that Namibia and Botswana will collaborate in the energy sector by setting up a fuel storage facility at Walvis Bay.

July 4, 2024 32

APO International

International Islamic Trade Finance Corporation (ITFC) Engages Stakeholders During the World Trade Organization Aid for Trade Review 2024 Event

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), a member of the Islamic Development Bank (IsDB) Group is pleased to announce the Corporation’s active participation at the 9th World Global Review for Trade. This event, themed ‘Mainstreaming Trade’, was held at the World Trade Organization’s (WTO) headquarters, in Geneva from June 26 to 28, 2024. The World Trade Organization (WTO) Aid for Trade Review is a significant global platform that […]

July 4, 2024 18

Sport

AFCON draw offers Nigeria chance to avenge Benin loss

Nigeria will get a chance to avenge a shock World Cup loss to Benin when they were drawn in the same 2025 Africa Cup of Nations qualifying group on Thursday. The Cheetahs stunned the Super Eagles 2-1 last month, leaving Nigeria on the back foot as they seek a place at the 2026 World Cup in the United States, Canada and Mexico. Libya and Rwanda complete Group […]

July 4, 2024 17

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Oshiwambo

Omauliko giipindi ga Swakopmund ogeli metifa

Aauliki yiipindi nomayakulo yeli 150 mwa kwatelwa omahangano,oongeshefa oonshona nodhopokati ,aahalithi oshowo oombelewa,uuministeli ,nomahangano gepangelo,otaya ulike omayakulo niilongomwa yawo komauliko gonuumvo go Swakopmund International Trade Exposition (SWAiTEX). Ga tamekithwa mo 2012,omauliko oga ninga oshiindingili shokomumvo shoka hashi gandja ompito ombwaanawa okuulika iilongomwa nomayakulo komahangano gomoshilongo nogopaigwana. Ta popi peegululo lyomauliko giipindi guule woshiwike 1 ko Swakopmund ohela,Bisey Uirab,omupresitend gwehangano lyo Namibia Chamber of Commerce and Industry,ndjoka yuunganeka omauliko giipindi […]

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