insert_link NamibiaNamibia launches scaleup initiative to boost startup growth By: Hertha Ekandjo The National Commission on Research, Science and Technology (NCRST), the Namibia Investment Promotion and Development Board (NIPDB), and various stakeholders have launched ScaleUp Namibia (SUN), a strategic initiative aimed at fostering innovation, accelerating startup growth, and positioning Namibia as a global leader in emerging solutions. The initiative responds to challenges businesses face in Namibia’s startup ecosystem, particularly difficulties in scaling beyond domestic markets. Limited commercialization platforms, restricted […] today9 March, 2025
insert_link LifestyleOryx Properties delivers resilient performance amid market undervaluation By: Hertha Ekandjo Oryx Properties Limited delivered a resilient interim performance, driven by rental escalations, record-low vacancies, and disciplined capital allocation. In a recent Simonis Storms report it has been recorded that despite a decline in headline earnings due to the absence of once-off income, distributions increased, and gearing improved to 36.1%. “However, the market still undervalues Oryx, with the share price trading at a 47.4% discount to NAV, presenting […] today9 March, 2025
insert_link CrimePolice recover cannabis worth N$500,000 at Ariamsvlei By Maria Namupala A farm worker discovered cannabis worth over N$500,000 at Farm Uitkoms in Ariamsvlei on Friday. According to the Namibian police report, the farm worker who was herding sheep discovered a bag hidden in a bush. They later called the police, and upon inspection, they discovered five parcels of cannabis with a total weight of 10.605 kg valued at N$530 250. The police report said it is further […] today9 March, 2025
insert_link NamibiaHeavy rains wash away railway line at Usakos TransNamib has confirmed that the heavy rains across the country washed away a section of the railway network in the southern and western regions of the country. One of the affected lines between Arandis and Usakos was reopened Saturday afternoon, following the quick response by the TransNamib engineering teams. A statement released on Sunday says civil engineering teams have been deployed immediately to assess and repair the affected areas, working […] today9 March, 2025
insert_link LocalHifikepunye Pohamba Freeway created 640 jobs during construction By Adolf Kaure The MR44 Hifikepunye Pohamba Freeway created 640 jobs, and N$200 million was spent on local suppliers. The freeway, previously referred to as the “road behind Dune 7”, stretches for 42 kilometres, linking the coastal towns of Walvis Bay and Swakopmund. President Nangola Mbumba, who inaugurated the freeway last week, said the project has also made meaningful contributions to job creation. “I am glad to note that a […] today9 March, 2025
insert_link CrimeWho sneaked out with Namdia’s 47.214 carats of diamonds worth N$274.3 million? Simplifying Namdia heist Namdia says: N$314.9 million worth of diamonds were involved in the robbery of January 8, 2025, at its premises in Windhoek. N$40.6 million worth of diamonds have so far been recovered. Namdia does not say where and when. Our calculations N$274.3 million worth of diamonds are still missing. Namdia does not say whether there was a fourth suspect who could have sneaked out with the missing diamonds. […] today7 March, 2025
insert_link Business / EconomicsAlweendo Says Oil and Gas Policy Gaps an African Challenge Mines and Energy Minister Thomas Alweendo says policy shortcomings in the oil and gas sector are a continent-wide issue, not just a Namibian problem. Speaking on a ministry-hosted podcast, he emphasized the need to refine local content policies to ensure Namibian businesses benefit from resource extraction. In this report, compiled by One Africa TV NewsOnOne’s Eric Mhunduru, Alweendo highlights a call for policy improvements. today7 March, 2025
insert_link Business / EconomicsReho Meat Processors Enhances Operations with Wagyu Beef Focus Located just outside Rehoboth, Reho Meat Processors has not only upgraded its abattoir but also expanded its specialization to include Wagyu beef processing. Francois Lottering reports for One Africa TV NewsOnOne, where he spoke to Jaco Smit, who highlighted that the facility is capable of slaughtering and processing Wagyu and other cattle for local, regional, and international markets. today7 March, 2025
insert_link NamibiaKandjoze Urges Swift Resolution of Genocide Talks Director General of the National Planning Commission, Obeth Kandjoze, in a report by Selma Taapopi reports for One Africa TV’s NewsOnOne, has called for a timely conclusion to the ongoing genocide negotiations. today7 March, 2025
