WARMBAD COMMUNITY RECEIVES LIFELINE
In a significant gesture of support, Debmarine Namibia has donated a vehicle to the Warmbad community, located 48 km south of Karasburg in the ||Kharas Region. Valued at N$237,000, the vehicle was presented to the Warmbad Settlement Office through the ||Kharas Regional Council to address the pressing need for reliable transportation in the area. Frieda […]
A MONUMENT TO LEGACYAND INNOVATION
CYMOT’s new flagship store unveiled I walk through aisle upon aisle. Overhead, a lofty modern ceiling stretches far above, giving the space an airy, almost cathedral-like feel. The store is massive. So much so that I wonder, half-jokingly, if I’ll ever find my way out. There’s a comforting sense of familiarity here, though. Like walking […]
FINANCIAL INDICATORS
In August 2024, Namibia’s annual inflation rate decelerated to 4.4% y/y, down from 4.6% in July 2024 and 4.7% in August 2023, reaching its lowest level since November 2021. The key contributors to inflation were food and non-alcoholic beverages, housing and utilities, and transport. On a month-to-month basis, inflation rose by 0.3%, compared to 0.2% […]
DEBMARINE NAMIBIA DONATES TO COMMUNITY HOSTELS IN THE //KHARAS REGION
Community hostels in the //Kharas Region serve schools in economically challenged areas. The local economy, primarily reliant on small-scale livestock farming, has been hit hard by ongoing droughts, leaving many families struggling to provide for their children. Debmarine Namibia has donated 129 mattresses to two community hostels in the //Kharas Region, significantly enhancing the living […]
NAVIGATING NAMIBIA’S ECONOMIC CROSSROADS
As Namibia approaches the end of a decade marked by stagnant GDP growth, we invite you to reflect with us on the present economic climate, the factors that have brought us here, and where we might be headed. While we make no predictions, we aim to extrapolate some loosely held expectations about the future from […]
GOING THE DISTANCE
A solo journey to empower youth Embarking on a journey of a lifetime, Ray Sasman, a 52-year-old former teacher, became the first woman to traverse Namibia on foot from end to end. She began her epic 1,820-kilometre trek from the Noordoewer Border Post in the //Kharas Region on 3 May this year and reached the […]
OIL AND GAS SECTOR ON THE BRINK OF MAJOR TRANSFORMATION
Exploration and discoveries Namibia’s offshore oil and gas sector is set for a significant transformation, following a series of major discoveries in recent years which include Graff-1, Venus-1, Jonker-1X, La Rona-1 and Lesedi-1X. These developments have attracted global oil and gas giants such as TotalEnergies, Shell, Chevron and ExxonMobil, alongside energy corporations like Galp Energia […]
A COMMITMENT TO ENVIRONMENTAL STEWARDSHIP AND COLLABORATIVE SCIENCE
Debmarine Namibia’s commitment to environmental stewardship and scientific research is evident in its recent initiative to donate surplus benthic samples to several institutions. By supporting the Ministry of Fisheries and Marine Resources, the Ministry of Education, the Directorate of National Heritage and Culture Programmes, the University of Namibia (UNAM), and the Namibia University of Science […]
BEST OF NAMIBIA 2024 AWARDED
The Best of Namibia campaign, created by Venture Media and Future Media and proudly sponsored by FlyNamibia, celebrated its first edition’s award ceremony at the end of July. This new public choice awards campaign sought to find the nation’s favourite businesses across various categories and industries. From a nomination phase where the public could nominate […]
NAMIBIA TRADE NETWORK HOSTS LATEST EDITION OF THE BUSINESS BREAKFAST CLUB
Another fascinating instalment of the Namibia Trade Network’s Business Breakfast Club (BBC) took place in the capital, under the theme Innovation, Technology and Communication. The event was packed with business professionals eager to hear more from the diverse speakers who came to share the latest trends, discuss Namibian innovation, and suggest solutions to challenges in […]