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Chamwe Kaira  Passenger traffic at Namibia’s airports exceeded one million for the first time since the Covid-19 pandemic, reaching 1,055,641 in the 2024/25 financial year. According to the Namibia Airports Company Limited’s (NAC) 2024/25 Annual Report, this marks a 23% increase from the 854 808 passengers recorded in 2023/24. Flight movements rose by 8% to 46 994, compared to 43,505 in the previous year. This figure remains below the pre-pandemic peak of 60,288 movements recorded in 2019, which NAC attributes to the exit of several regional carriers. Aeronautical revenue increased to N$346.2 million in 2024/25 from N$326.2 million in 2023/24. …

Staff Writer  Kulani Energy has acquired key assets from Optipower, a former division of Murray & Roberts Limited, which is currently in business rescue. The deal was concluded at the end of January 2026 through Kulani Energy’s subsidiary, OptiProjects. The subsidiary focuses on power transmission and distribution, as well as renewable energy infrastructure. Kulani Energy is a wholly Black women-owned engineering and energy infrastructure company. The acquisition strengthens its engineering, procurement and construction capacity to support grid expansion in South Africa. The transaction was completed while Murray & Roberts was in business rescue. Kulani said this preserved skills and capability…

Staff Writer Africa holds an estimated US$29.5 trillion in mine-site mineral value, equal to about 20% of global mineral wealth, but captures only a small share of the economic value linked to these resources, according to a new study by the Africa Finance Corporation. The study shows that US$8.6 trillion of this value remains undeveloped, pointing to the continent’s under-explored status. It identifies fragmented geological data, uneven coverage and limited transparency as factors that increase risk perception and reduce investment.  The Africa Finance Corporation recommends improving the availability and quality of geological data to attract more exploration capital. The report…

South Africans are once again seeing relief at the pump, with the latest fuel price cuts delivering the cheapest petrol in roughly four years. The reductions, around 65 cents per litre for petrol and more than 50 cents for diesel, continue a downward trend that began earlier in 2026, when falling crude prices and currency strength combined to lower pump prices nationwide. While the immediate benefits are tangible – cheaper transport, easing inflationary pressure and support for businesses – the underlying drivers reveal a more fragile reality. South Africa’s fuel costs remain shaped primarily by global oil markets and exchange-rate…

Staff Writer Africa holds an estimated US$29.5 trillion in mine-site mineral value, equal to about 20% of global mineral wealth, but captures only a small share of the economic value linked to these resources, according to a new study by the Africa Finance Corporation. The study shows that US$8.6 trillion of this value remains undeveloped, pointing to the continent’s under-explored status. It identifies fragmented geological data, uneven coverage and limited transparency as factors that increase risk perception and reduce investment.  The Africa Finance Corporation recommends improving the availability and quality of geological data to attract more exploration capital. The report…