Business / Economics Archives - Page 18 of 184

Proflight Zambia to launch Lusaka–Windhoek flights via Livingstone in 2026

Proflight (Photo: X) Proflight Zambia will introduce a new tri-weekly scheduled service between Lusaka and Windhoek via Livingstone starting March 2026, aimed at boosting tourism and trade between Namibia and Zambia. According to Air Connect Namibia, this new route will strengthen regional connectivity, fostering closer economic ties and positioning Windhoek as a key aviation hub in Southern Africa. Spokesperson for the Namibia Airports Company, Dan Kamati, said the route has […]

12 August, 2025

Business / Economics

Germany pledges N$500 million grant for road development

Germany's KfW Development Bank (Photo: KfW website) Germany’s KfW Development Bank has committed a N$500 million grant to support Namibia’s road infrastructure projects. The announcement was made during the groundbreaking ceremony for the Omuthiya–Elambo road, where KfW Director Beatrice Lucke said the funding comes from the German Federal Ministry for Economic Cooperation and Development. She emphasised that the investment reflects Germany’s continued partnership with Namibia in fostering economic growth and […]

12 August, 2025

Business / Economics

India to offer credit guarantees for exporters hit by U.S. tariffs

Deendayal Port in Kandla, in the western state of Gujarat, India (Photo: REUTERS/Amit Dave) India is rolling out a financial aid package featuring credit guarantees and term loans to support small businesses and exporters hit by steep U.S. tariffs. The initiative includes 10–15% credit guarantees for short-term loans (up to 90 days overdue) and up to 75% government-backed guarantees on term loans, aiming to ease pressure on stressed exporters, notably […]

12 August, 2025

Business / Economics

Supporting SME growth key to quality service delivery, says Nekundi

Minister of Works and Transport, Veikko Nekudi (Photo: The Namibian) Works and Transport Minister Veikko Nekundi met with Small and Medium Enterprises (SMEs) in Windhoek to discuss the challenges hindering their participation in government projects. He emphasized the importance of supporting SME growth to enhance service delivery across sectors. Petrus Amutenya reports. SMEs play a critical role in Namibia’s economy, accounting for about 40% of employment and contributing roughly 30% […]

11 August, 2025

Business / Economics

Best of Namibia 2025 winners to be announced Tuesday

Best of Namibia awards Photo: bestofnam.com The highly-anticipated Best of Namibia 2025 awards will reveal the country’s top businesses and services tomorrow. After a nationwide nomination and voting process, the winners will be announced during a live-streamed ceremony celebrating excellence across various sectors. The awards are proudly supported by main sponsors Fly Namibia, Venture Media, and Future Media. For a sneak peek at the finalists and more information, visit bestofnam.com.

11 August, 2025

Business / Economics

Deputy Minister Ithete Pushes for Inclusive Mining Laws

Deputy Prime Minister Natangwe Ithete has announced upcoming nationwide consultations on the revised Minerals Bill. While speaking at the Mining Expo, he said the goal is to ensure more inclusive and modern mining legislation. He also warned that government is cracking down on inactive mineral rights holders, stressing that licences must be used productively and not hoarded. The consultations will prioritise voices from regions with active mining.

6 August, 2025

Business / Economics

FlySafair pilot strike ends

Photo: FlySafair aircraft and branding used in previous fleet and operations coverage. FlySafair has confirmed the end of the pilots' strike following a formal agreement with trade union Solidarity. Management and union representatives reached the deal through mediation facilitated by the Commission for Conciliation, Mediation and Arbitration (CCMA). According to Engineering News, FlySafair has started restoring its full flight schedule, with all aircraft returning to operation. Kirby Gordon, the airline’s […]

5 August, 2025

Business / Economics

SA’s Ramaphosa in talks with the U.S. over export exemptions

South African President Cyril Ramaphosa. Photo: polity.org.co.za President Cyril Ramaphosa has confirmed that intensive negotiations are underway with the United States, as South Africa seeks tariff exemptions on key exports such as vehicles, steel, aluminium, and citrus. Speaking at the Union Buildings, Ramaphosa said Pretoria has presented a comprehensive trade package aimed at mutual investment and economic cooperation. Reuters reports that South Africa is facing a looming 30% U.S. tariff […]

5 August, 2025

Business / Economics

2025 Mining Expo Opens with Record Participation

The 2025 Mining Expo and Conference launches today, marking its largest edition yet. Exhibitors have increased from 168 to 196, and booth spaces have risen from 268 to 313. Visitor registrations hit a record 7,831, a 31.7% increase from 2023. The event focuses on promoting skills development and boosting interest in the mining sector, says Lauren Graham, Chief Economist at the Chamber of Mines.

5 August, 2025