Business / Economics Archives - Page 26 of 184

InnoSun Plans to Outpace 2030 Energy Goals

InnoSun says it is set to exceed the 70% renewable energy target by 2030 through expanded investments in large-scale solar and wind projects. Partner Nangula Geingos told Future Media News the company’s mission is to drive energy independence and ensure cleaner, more affordable electricity for all. The initiative supports long-term national sustainability goals.

25 June, 2025

Business / Economics

Sanlam Namibia partners with Allianz

Sanlam Namibia has entered a new strategic partnership with global insurance powerhouse Allianz, a move the company says will unlock new opportunities and deliver better services to its clients. The announcement was made official in Windhoek on Tuesday, 24 June, where Sanlam Namibia CEO Tertius Stears described the collaboration as a “powerful step forward” that positions the company to meet evolving client needs more effectively. This partnership is part […]

24 June, 2025

Business / Economics

Interview: Calls grow for annual job data to hold government accountable and guide effective policy

Labour expert and social justice advocate Herbert Jauch says the absence of up-to-date employment statistics is crippling the country’s ability to address its mounting unemployment crisis. Speaking to Future Media, Jauch said government has not released a full Labour Force Survey since 2018 — leaving policymakers, citizens, and researchers in the dark. Jauch explained that while the Namibia Statistics Agency had once aimed for biennial labour updates, financial constraints and […]

24 June, 2025

Business / Economics

SUV Demand Cushions Slump in Car Sales

Passenger vehicle sales saw a sharp 31.2% month-on-month decline in May, though annual figures showed a slight 0.22% uptick. Simonis Storm’s Almandro Jansen attributes the monthly drop to April’s unusually high sales, while noting continued buyer interest driven by favorable credit conditions and demand for smaller SUVs and hatchbacks.

24 June, 2025

Africa

Namibia joins U.S.-Africa business summit in Angola

Windhoek, 23 June 2025 – Namibia has officially joined the 17th U.S.–Africa Business Summit in Luanda, Angola, taking place from 22 to 25 June 2025. Held under the theme “Pathways to Prosperity: A Shared Vision for U.S.–Africa Partnership”, the summit brings together more than 1,500 delegates, including African heads of state, senior U.S. officials, and private-sector leaders. President Netumbo Nandi-Ndaitwah is leading Namibia’s delegation, which includes ministerial figures and […]

23 June, 2025

Business / Economics

Erastus Calls for Strategic Roadmap Before Sector Nationalisation.

Economist Gabriel Erastus has urged the government to prioritise skills development, scientific literacy, and market analysis before considering the nationalisation of key sectors. Speaking to our news team, Erastus underpinned the importance of a well-crafted strategy supported by research, identified sources, and thorough commodity assessments. He cited the following in addition:

23 June, 2025

Business / Economics

Interview: Erastus Cautions Against Rushed Nationalisation, Urges Strategic Preparation

Economist Gabriel Erastus has urged lawmakers to proceed with caution on proposals to nationalise Namibia’s strategic sectors, warning that such decisions must be guided by strategy, skills, and solid research. Speaking in response to a recent proposal by National Assembly member Mr. Kaaronda on the nationalisation of key sectors and resources, Erastus acknowledged that the call “comes from a good place” — especially in light of limited national benefits […]

23 June, 2025

Business / Economics

Dangote Visit Sparks Economic Cooperation Talks.

Obinna Anyanwu, who leads Nigeria’s operations for the Commonwealth Enterprise and Investment Council, praised Namibia’s economic openness during the ongoing Commonwealth Business Summit 2025. He highlighted the country’s welcoming approach to trade and investment as a positive sign for regional collaboration.

20 June, 2025

Business / Economics

President Champions Intra-Africa Investment for Growth

Head of State, Netumbo Nandi-Ndaitwah, says strengthening investment ties with fellow African nations is vital for harnessing local resource wealth. During a courtesy call by Nigerian industrialist Aliko Dangote at State House, the President noted that partnerships like these can drive sustainable development. Selma Taapopi filed this report for NewsOnOne.

20 June, 2025