Business / Economics Archives - Page 21 of 184

Vehicle Sales Surge in June

The local car market saw a sharp rebound in June 2025, posting 1,313 units sold — a 29.9% jump from May and 32.2% higher than June 2024. According to Simonis Storm economist Almandro Jansen, the strong performance signals rising consumer confidence and an improved economic environment, making it the second-best month for sales this year.

23 July, 2025

Business / Economics

Hassan Allam Trading explores investment opportunities with Thailand

On 20 July 2025, Mr. Ahmed Mustafa, CEO of Hassan Allam Trading, and Mr. Mahmoud Seliman, the company’s Marketing Advisor, paid a courtesy visit to H.E. Mr. Thanawat Sirikul, Ambassador of Thailand to Egypt, at the Royal Thai Embassy in Cairo. Discussions focused on strengthening trade and investment ties between Egypt and Thailand, particularly in the residential construction, infrastructure, and construction materials sectors. Hassan Allam Trading expressed interest in collaborating […]

22 July, 2025

Business / Economics

Nedbank Hosts Business Growth Conference in Windhoek

Nedbank will host its first Future of Business Conference on August 21 at Droombos in Windhoek, aimed at empowering local SMEs and startups. The event will cover leadership, communication, HR, and IT, with top speakers including Nedbank CEO Jason Quinn and Aurik Co-Founder Pavlo Phitidis. Nedbank’s PR Manager, Selma Kaulinge:

22 July, 2025

Business / Economics

Walvis Bay Youth in Oil and Gas Summit to Ignite Youth Potential

PETROFUND spokesperson Shoki Kandjimi is calling on young citizens to show up for the second Youth in Oil and Gas Summit in Walvis Bay from July 24–25. Under the theme “Drilling into the Future,” the summit focuses on empowering youth in the booming oil and gas sector. NewsOnOne’s Josia Shigwedha:

21 July, 2025

Business / Economics

Cybercriminals Don’t Spare SMEs, Expert Warns

Speaking at the International Cybersecurity Conference currently underway on Windhoek, Nrupesh Soni, the CEO of Facilit8 Solutions Namibia, cautioned that small and medium enterprises are increasingly in the crosshairs of cyber attackers. While often lacking the budgets of larger firms, SMEs must still prioritize resilience, Soni urged, as they are no less vulnerable to sophisticated threats.

18 July, 2025

Business / Economics

Otjiwarongo Municipality Hit by Ransomware Attack Linked to “INC Ransom”

A cybersecurity breach involving the Otjiwarongo Municipality has been identified by the national cyber response team under the Communications Regulatory Authority. According to spokesperson Mufaro Nesongano, the threat was detected yesterday via trusted cyber intelligence sources. Preliminary evidence suggests data exfiltration and a ransom demand from a group calling itself “INC Ransom.”

17 July, 2025

Business / Economics

Cybersecurity Conference Kicks Off in Windhoek with Focus on Scam-Fighting Tech

The International Cybersecurity Conference and Exhibition 2025 officially opened in Windhoek yesterday and runs until tomorrow. At the event, cybersecurity and AI expert Dr. Nishal Khusial Esq spoke to Future Media News’ Angie Scholtz about the Scam Report Namibia mobile app, a tool designed to help combat fraud and digital scams in the country. ENG Nishal Khusial Esq

17 July, 2025

Business / Economics

Contractors urged to consult communities in Oshikoto road projects

OMUTHIYA – 16 July 2025 – Oshikoto Regional Governor Sacky Kathindi has issued a strong warning to road contractors working in the region: consult with local communities and business owners before removing structures or proceeding with construction. During an inspection of the troubled Engoyi–Omuntele gravel road project—initially launched in October 2023—Governor Kathindi flagged widespread delays and poor coordination among stakeholders. He emphasised that local councillors and businesses must be […]

16 July, 2025

Business / Economics

Namibia in talks with OPEC over possible future membership

Namibia could one day become a member of the Organisation of the Petroleum Exporting Countries (OPEC), according to Secretary General Haitham al-Ghais. Speaking during a media briefing, al-Ghais revealed that the organisation is currently in discussions with several African nations regarding potential membership, naming Namibia as one of the countries with significant potential. This comes as Namibia gears up for its first offshore oil production, expected to begin by 2030, […]

16 July, 2025