Amidst Ongoing Global Crises, Gates Foundation announces largest annual budget ever: $8.6 Billion in 2024 to save and improve lives

The Bill & Melinda Gates Foundation today announced its largest annual budget to date as it works toward the goal of a healthier, more prosperous world for all. With global health budgets in decline overall, a portion of the additional funding will go toward advancing global health innovations that will save and improve the lives of some of the world’s most vulnerable people, including newborn babies and pregnant mothers […]

January 15, 2024 11

Business / Economics

Bank of Namibia joins the network for greening the financial system to drive sustainability in the Financial Sector

1. The Bank of Namibia is pleased to announce its membership in the esteemed Network for Greening the Financial System (NGFS), a group of central banks and prudential supervisory authorities committed to advancing environmental and climate risk management in the financial sector globally. As of 27 December 2023, the Bank of Namibia has been appointed as a plenary member, joining the ranks of 134 members and 21 observers within the […]

January 11, 2024 7

Local

Cycling season to kick off this weekend with the Nedbank Windhoek Pedal Power Race Series

The Nedbank Windhoek Pedal Power (WPP) Race Series will kick-start the 2024 cycling season this coming Sunday, 14 January, on the Dordabis Road, east of Windhoek. The first of the six races will start at 07h00 at the NamPower Station entrance on the Dordabis road, with over 300 cyclists expected to take part in the event. The organisers have introduced exciting categories in a bid to make the events […]

January 11, 2024 7

Press Releases

The Future is ALL ON: CES 2024 Opens, Showcasing the Latest Innovations in AI, Sustainability and Mobility

CES® 2024 opened on January 9th showing it is the venue to set the agenda for the year ahead in technology, business and entertainment, even powering a surge in global awareness as companies began debuting innovative technologies. CES, the world’s most powerful tech platform, welcomed more than 4000 exhibiting companies from across the globe to share their innovations and partnerships in artificial intelligence, sustainability, and other fields that are tackling big global […]

January 11, 2024 15

Local

Namcor announces significant oil discovery in block 2813a (pel83), orange basin, offshore Namibia

The National Petroleum Corporation of Namibia; NAMCOR with 10% carried interest, in conjunction with its partners Galp Energia (80%, operator) and Custos (10%), is excited to announce a significant oil discovery in the Mopane-1X exploration well, situated in the PEL83, Orange Basin, offshore Namibia. Following the initial announcement on January 2, 2024, PEL 83 JV partners have now confirmed the discovery of a substantial column of light oil in high-quality, […]

January 10, 2024 14

Local

Namibia Joins EU-OACPS Partnership with Signature of Samoa Agreement

Namibia has officially joined the New Partnership Agreement (NPA) between the European Union (EU) and the Organisation of Africa, Caribbean and Pacific States (OACPS), marking a significant step in strengthening diplomatic ties and fostering collaboration on shared priorities. In a ceremony held in Brussels on December 18, 2023, Namibia's representative signed the Samoa Agreement, succeeding the Cotonou Agreement that spanned from 2000 to 2023. The Samoa Agreement is recognized […]

December 20, 2023 8

Entertainment

Swakopmunder Musikwoche brings people together – Kötting

After a few weeks of preparation, the Namib Primary School Hall was packed to the brim when the Swakopmunder Musikwoche lived up to expectations this past weekend, delivering memorable performances in Swakopmund. The concert gripped the audience with captivating stories of love, hate, jealousy, war, and victory, all told through music. The Youth Orchestra kicked off the concert with six pieces under the direction of Hendi Krog. They performed […]

December 20, 2023 28

Local

Chess improves players cognitive function

Chess players who participated in the recently concluded Bank Windhoek Kehat Beukes Legacy tournament hosted in Swakopmund said that the game helps build confidence and develop problem-solving skills and is an educational tool. The winner of the open tournament, Zhemba Jemusse said that chess is like any other subject in school. “When we play chess, we are quiet so that we can concentrate on communicating with the pieces. When […]

December 20, 2023 9

Press Releases

2023 : Alarming increase in journalists killed in conflict zones

UNESCO figures show that 2023 has been a particularly deadly year for journalists who work in conflict zones, with killings almost doubling compared to the past three years. The last three months of this year in particular have already been the deadliest quarter for journalists in conflict zones since at least 2007, with 27 deaths. 65 journalists have been killed in the line of duty in 2023, compared with […]

December 20, 2023 5

Press Releases