S.A’s Ramaphosa Urges Stronger Trade and Investment with Angola

S.A’s Ramaphosa Urges Stronger Trade and Investment with Angola

S.A President Cyril Ramaphosa has called for stronger trade and investment ties between South Africa and Angola. Speaking during the state visit of Angolan president João Lourenço, Ramaphosa said both countries must explore new economic opportunities beyond the oil sector, particularly in areas such as infrastructure, agriculture, and renewable energy:

December 13, 2024 14

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Opinion Pieces

Namibia Economic Performance under H.E. Dr. Netumbo Nandi-Ndaitwah

Josef Kefas Sheehama As an independent economic and business researcher and board member of the African Council on Foreign Relations, I would like to celebrate Namibian history by extending my heartfelt congratulations to H.E. Dr. Netumbo Nandi-Ndaitwah, Namibia's first female president-in-waiting and therefore first female president of the Southern African Development Community (SADC). One must be familiar with Iceland's first female president, Vigdís Finnbogadottir, who was elected in 1980. […]

December 11, 2024 6 2

Business / Economics

Trustco Calls General Meeting for Legal Shield Holdings Acquisition Vote

Trustco has set a General Meeting for January 7, 2025, where shareholders will vote on acquiring an additional 1,135 shares in Legal Shield Holdings for N$469 million, increasing its stake to 91.35%. The deal, initially announced in April 2024, was detailed in a circular sent to shareholders. TrustCo's Neville Basson:

December 6, 2024 17

Business / Economics

EU Delegation Hosts Trade and Investment Workshop

The EU Delegation to Namibia held a workshop discussing EU-Namibia trade relations, presenting key findings from a study by economist Robin Sherbourne. The study showed the EU was Namibia's top foreign investor in 2023, contributing N$12.7 billion, with a diversified export mix including renewable energy projects. Ana Beatriz Martins is the EU Ambassador to Namibia: According to Salomo Hei, Managing Director of High Economic Intelligence, more funding should be directed […]

December 5, 2024 11

Business / Economics

Economist Urges Reforms as South Africa’s GDP Shrinks by 0.3%

In S.A, North-West University Business School economist, Raymond Parsons, has called for urgent economic reforms following the disappointing gross domestic product growth figures for the third quarter, when it decreased by 0.3-percent. Parsons calls for more investment and faster reforms from both the public and private sectors to drive job-rich growth and improve the economy:

December 4, 2024 13

Namibia

Rehoboth Welcomes Ronald Windswaai as New CEO

Ronald Robert Windswaai has been appointed as the new CEO of Rehoboth Town Council. With over 28 years of experience in local government, he began his career with the council in 2011 and returned in 2022 as HR Manager after serving as CEO of Aranos Town Council. Windwaai holds several qualifications, including a Bachelor’s degree in Business Administration, and is currently pursuing a Master’s degree. His leadership aims to transform […]

November 26, 2024 24

Africa

Zambia calls for regional action to address energy shortage

Speaking at the 30th session of the Intergovernmental Committee of Senior Officials and Experts for Southern Africa, held in Livingston, Zambia this week, the country’s Energy Secretary, Peter Mumba, called for urgent action to resolve the energy deficit facing the region. With nearly half of Southern Africa’s population lacking access to electricity, Mumba stressed the importance of regional collaboration to tackle the energy crisis and climate change, while addressing the […]

November 21, 2024 17

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Interview Transcripts

INTERVIEW: Usakos Mayor Irene Simeon-Kurtz Addresses Allegations of Mismanagement

In response to recent allegations regarding the Usakos Town Council, Mayor Irene Simeon-Kurtz spoke out to clarify misconceptions and defend the council's actions. During an interview, she expressed her disappointment with the Namibian newspaper, claiming that its reporting has been misleading and unfair. Simeon-Kurtz emphasized that the town is indeed developing and that the council has maintained transparency in its operations. The mayor outlined several ongoing initiatives aimed at […]

November 4, 2024 55 2

Namibia

City of Windhoek adopts plan for Groot Aub infrastructure

The City of Windhoek has addressed concerns raised relating to issues raised by local farmers in Groot Aub. The City of Windhoek says that they acknowledge that managing a fast-growing area like Groot Aub requires a comprehensive regulatory framework addressing land tenure, zoning, and infrastructure all aimed at enhancing residents’ quality of life. The Windhoek Municipal Council adopted an Action Plan that addresses a range of critical areas. The initial […]

October 31, 2024 25