insert_link Business / Economics Survey shows that businesses struggle to find skilled workers A survey by the Economic Policy Research Association and over 500 local businesses has revealed that 56% find it "difficult" to hire adequately skilled employees, with 30% describing it as "extremely difficult." The 2022 survey highlights the need for skilled Namibians to align with global standards in a small, shrinking local economy. The findings are part of a Private Sector Engagement Report launched in August 2023, aiming to establish dialogue […] todayNovember 20, 2023 2
Africa Navigating the transition: African banks take over after international lenders exit By Conrad Onyango, via bird story agency Local financial companies are capitalising on the opportunities left by international banks exiting Africa yet continue to struggle with the gap between perceived and actual risks in the market. In early 2022, UK-headquartered Standard Chartered Bank announced it was exiting five African countries and partially exiting two others - breaking its ‘here for good’ brand promise after more than a century on the […] todayNovember 20, 2023 2
insert_link Business / Economics Kamanjab drilling boreholes for better access to water The Kamanjab Village Council is in the process of drilling its own boreholes to guarantee that the community and surrounding areas have enough water supply and to avoid relying on NamWater for water delivery. The Ministry of Urban and Rural Development funded the project with N.dollars 5 million last month to drill four boreholes. Shamarunga Trading Enterprises CC has been contracted for the project. Bianca Nguaiko, Chief Executive Officer (CEO) […] todayNovember 20, 2023 4
insert_link Business / Economics ‘November in Namibia’ initiative launched to boost intra-African connections A group of 21 Ghanaian tourists arrived in the country on Sunday for the ‘November in Namibia’ tourism and business pilot initiative. The Ministry of International Relations and Cooperation in a media statement on Friday said the initiative aims to develop Namibia’s tourism industry within the framework of the African Continental Free Trade Area and ‘The Africa We Want’ agenda. The initiative is also part of the memorandum of understanding […] todayNovember 20, 2023 2
insert_link Business / Economics Chevron finds contractor to undertake an environmental and social impact assessment Chevron has contracted SLR Environment Consulting to undertake an environmental and social impact assessment for an oil exploration project in the Orange Basin. The impact assessment project leader, Nicholas Arnott, says the exploration project will continue to the development phase should the company find a substantial deposit of hydrocarbons in block 2813B. The purpose of the project is to drill exploratory wells to assess the potential to develop oil and […] todayNovember 20, 2023
insert_link Africa Effective rollout of eSIMs requires diverse and optimized systems Telco operators in Africa have a real opportunity to boost revenue and customer growth by expediting the deployment of eSims. But first they’ll need to navigate the nuances of local markets respectively, and optimise their processes. According to Louis Avenant, Senior Project Manager at Itemate Solutions, the exponential growth in smart and connected devices make a strong case for greater investment in the nascent technology. “eSIMs eliminate the need for […] todayNovember 16, 2023 41
insert_link Business / Economics Capricorn Group announces appointment of new Group CEO The Chairman of the Capricorn Group Board, Mr. Gerhard Fourie, announced that the recruitment process for the position of Group CEO of Capricorn Group has been successfully concluded. The Capricorn Board has approved the appointment of Mr. David Nuyoma as the Group CEO Designate with effect from 1 January 2024 and as substantive Group CEO with effect from 1 March 2024, subject to regulatory approval. “Mr. Nuyoma is an experienced […] todayNovember 15, 2023 19
insert_link Africa Projects funded by the World Bank Group’s private sector arm fuel armed conflict – it’s time to reform the system Brian Ganson, Stellenbosch University; Anne Spencer Jamison, Copenhagen Business School, and Witold Jerzy Henisz, University of Pennsylvania To what extent does private investment help developing countries to reduce conflict and violence and to achieve the Sustainable Development Goals? This is a hotly debated issue. Most international institutions such as the World Bank Group take the stance that the problem is not enough private investment. So they mobilise public resources to […] todayNovember 14, 2023 3
insert_link Business / Economics Cenored-Okahandja electricity distribution JV dissolved The seven-year electricity distribution joint-venture (JV) between the Central North Regional Electricity Distributor (Cenored), and the Okahandja Municipality was on Tuesday dissolved and incorporated into Cenored’s businesses empire. This was announced by Cenored board chairperson, Kandali Iyambo on Tuesday at Okahandja in the presence of several Cenored board members, executives and the local authority councillors of Okahandja. Iyambo at the event stated that from now onward the electricity network infrastructure […] todayNovember 14, 2023 3
Paying it forward: Kenyan coastal doctor Bashrahil Mohammed Mafudh has made it his life’s work to care for the most vulnerable in his community, at no cost.
