insert_link Business / Economics SA’s Numsa engages authorities to find buyers for shuttered Goodyear plant Goodyear Plant, Kariega, South Africa (Photo: fullview.co.za) The National Union of Metalworkers of South Africa (Numsa) is in talks with the Department of Trade, Industry and Competition to identify strategic partners to take over the Goodyear South Africa plant in the Eastern Cape. The tyre manufacturing facility in Kariega closed its doors last Friday, resulting in more than 900 job losses and raising concerns about the economic impact on the […] today19 August, 2025
insert_link Business / Economics MTC rolls out rural network optimisation initiative MTC Head Office in Olympia, Windhoek Mobile Telecommunications Limited (MTC) has rolled out a rural network optimisation project aimed at addressing coverage gaps and improving service quality in northern Namibia. The initiative follows an extensive 2,000-kilometre audit across Outapi, Oshakati, Rundu, and Katima Mulilo, targeting areas where connectivity has traditionally been weak. The project will focus on upgrading infrastructure and optimising network performance to ensure that residents and businesses in […] today19 August, 2025
insert_link Business / Economics First-Ever Nedbank Business Conference Set for Windhoek On August 21, Nedbank Namibia will host its inaugural Future of Business Conference at Droombos, Windhoek, aimed at supporting SMEs and startups. Topics will include leadership, HR, communication, and IT, with speakers such as Nedbank Group CEO Jason Quinn and Aurik Co-Founder Pavlo Phitidis, according to NedBank Chief Commercial Officer JG van Graan. For the Full interview, listen to the Business Report tonight on Nova 103.5 today19 August, 2025
insert_link Business / Economics Business Leadership SA says structural reforms key to solving unemployment crisis Business Leadership South Africa (BLSA) has warned that the country’s unemployment rate of 32.9 percent signals an economy “suffocating” under structural inefficiencies. The business lobby group says urgent reforms are needed to reverse the crisis. The organisation recently launched its Reform Tracker, a tool designed to monitor the government’s progress in implementing priority reforms across the economy, governance, and criminal justice. BLSA chief executive officer Busisiwe Mavuso said persistently high […] today18 August, 2025
insert_link Business / Economics Swakopmund to host Global Policy Forum on inclusive finance Photo:afi-global.org More than 700 policymakers, regulators, and development partners are set to converge in Swakopmund for the 2025 Global Policy Forum, co-hosted by the Bank of Namibia. The four-day summit, beginning this week, will focus on advancing inclusive finance and fostering stronger international collaboration in financial policymaking. The forum will bring together key players from across the globe to discuss strategies aimed at improving access to financial services, particularly for […] today18 August, 2025
insert_link Business / Economics Namibia Moves to Strengthen Labour Systems Following the 113th International Labour Conference in Geneva, Namibia’s Cabinet has tasked several ministries with evaluating the country’s data collection capacity and preparing to ratify key labour conventions to aid the shift from the informal to the formal economy. Labour expert Herbert Jauch highlighted the potential benefits of international cooperation with Cuba and Mexico, while emphasizing that structural economic reforms are essential for meaningful job creation. today18 August, 2025
insert_link Business / Economics Upstream Unit Launches Data and Training Initiative The Upstream Petroleum Unit is rolling out a national petroleum data repository, regional training hubs, and a local content certification system to strengthen governance and technical skills in the oil and gas sector. Reporting for NewsOnOne, Eric Mhunduru says deputy head Marco Mcleod shared the update at the 3rd oil and gas conference in Windhoek. today15 August, 2025
insert_link Business / Economics Court overturns approval for TotalEnergies offshore drilling in South Africa Environmental group Green Connection has welcomed the Western Cape High Court’s decision to overturn the government’s approval of TotalEnergies’ Block offshore drilling plans. The exploration rights were granted in 2023 for an area between Cape Town and Cape Agulhas. The court found that the environmental impact assessment (EIA) submitted by the company was “deeply flawed” and failed to meet legal requirements. Green Connection’s Shahil Singh said the ruling was a […] today14 August, 2025
insert_link Business / Economics Scale of opportunities in the oil and gas sector immense The third Oil and Gas Conference is underway at the Mercure Hotel in Windhoek, drawing industry leaders, government officials, and investors for four days of discussions on Namibia’s growing energy sector. The event, which concludes on Friday, is being covered by Future Media’s Angie Scholtz. Speaking during one of the panel discussions, Angelique Peek from RMB Namibia noted that the scale of opportunities in the sector is immense. “One project, […] today14 August, 2025