Business / Economics FNB Namibia scoops award for Best International Private Bank for 3rd consecutive year (Contributed Photo) By: Hertha Ekandjo FNB Namibia has been named the Best International Private Bank for the third consecutive year at the Euromoney Private Banking Awards held in London. This recognition solidifies the bank's position as a global private banking and wealth management leader. Euromoney's Private Banking Awards, now in their 20th year, are widely regarded as the most definitive and respected awards programme within the global banking industry. The […] today14 April, 2025
insert_link APO International Moneda Invest, FNB Namibia, Ino Capital Sign Memorandum of Understanding (MoU) to Empower small and medium-sized enterprises (SMEs) in Namibia In a strategic move aimed at transforming Namibia’s energy sector, Nigerian investment firm Moneda Invest has signed a Memorandum of Understanding (MoU) with FNB Namibia and private equity firm Ino Capital Investments to support and scale local small- and medium-sized enterprises (SMEs) in Namibia’s rapidly growing oil, gas and energy industries. The African Energy Chamber (https://EnergyChamber.org) fully endorses this partnership, viewing it as a prime example of how African institutions […] today14 April, 2025
Business / Economics President Nandi-Ndaitwah reaffirms Namibia’s commitment to green energy sector By: Hertha Ekandjo President Netumbo Nandi-Ndaitwah has reaffirmed the government's strong support for the green energy sector, emphasising government’s commitment to creating a favourable environment for both local and international investors. Speaking at the official opening of the HyIron Oshivela Plant, one of the world’s first industrial-scale green iron production facilities, Nandi-Ndaitwah called on global investors to seize the opportunity presented by Namibia’s growing green economy. “The government’s objective is […] today14 April, 2025
Business / Economics NamWater urges water rationing in Swakopmund and Arandis By: Hertha Ekandjo NamWater has announced a significant reduction in potable water supply from the Orano Desalination Plant, which serves the coastal towns of Swakopmund and Arandis. The disruption, caused by sulphur upwelling in the Atlantic Ocean, began on Tuesday, 8 April 2025, and has already resulted in critically low reservoir levels. According to NamWater, the upwelling, an oceanic phenomenon influenced by weather patterns has affected the operations of the […] today14 April, 2025
Africa Namibia needs US$ 9 billion (N$166.5 billion) to set up a nuclear power plant By: Hertha Ekandjo Energy expert, Andreas Simon says Namibia needs between US$ 6 and 9 billion (N$166.5 billion) to set up a nuclear power plant depending on the scale and technology used. President Netumbo Nandi-Ndaitwah suggested over the weekend that Namibia should move towards a nuclear power plant. She said a mix of reliable energy and clean energy is needed to grow the economy and take people out of poverty. […] today14 April, 2025
insert_link APO International Iranian Egyptian Foreign Ministers talk regional developments In response to a call earlier on Sunday from Egyptian Foreign Minister Badr Abdelatty, Iran’s top diplomat Seyyed Abbas Araghchi held consultations and exchanged views with him on regional developments and the indirect talks between Iran and the United States in Muscat. The Egyptian Foreign Minister, referring to his country’s official statement welcoming the Muscat talks, expressed hope that the negotiations would yield a positive outcome. The Iranian Foreign Minister, […] today14 April, 2025
insert_link APO International Morocco: Oman Hails Efforts of His Majesty the King, Chairman of al-Quds Committee, in Defending Holy City The Sultanate of Oman praised the continuous efforts of His Majesty King Mohammed VI, Chairman of the al-Quds Committee, in defending the Holy City and preserving its status and civilizational identity. This recognition of the major role of HM King Mohammed VI, may God preserve Him, to the benefit of the Palestinian cause, mainly the city of al-Quds Asharif, was expressed in a joint communiqué published on the 7th Moroccan-Omani […] today14 April, 2025
insert_link APO International Oman Supports Morocco’s Territorial Integrity, Sovereignty Over its Entire Territory, Views Autonomy Initiative as Basis for Any Solution The Sultanate of Oman voiced, on Sunday, its support for the territorial integrity and sovereignty of the Kingdom of Morocco over its entire national territory, expressing its deep appreciation for the wisdom of the Moroccan leadership, which is committed to a peaceful solution in the service of security and stability in the Maghreb region. Describing the autonomy initiative put forward by the Kingdom of Morocco as serious and realistic, the […] today14 April, 2025
insert_link APO International Joint Press Release: European Union (EU)-Mauritius first Partnership Dialogue: Towards a new partnership, a joint agenda The first Partnership Dialogue between the Republic of Mauritius and the European Union was co-chaired by the Minister of Foreign Affairs, Regional Integration and International Trade and by the Ambassador of the European Union to the Republic of Mauritius in the context of the Samoa Agreement. Five Ministers of Mauritius and senior officials as well as 7 Ambassadors and representatives from 9 EU Member States attended the dialogue. Mauritius and the […] today14 April, 2025