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Chamwe Kaira  Telecommunications investments dropped to N$164 million in the second quarter of this year, down 48% from the previous quarter, the Communications Regulatory Authority of Namibia (Cran) said in its quarterly statistics bulletin.  The regulator said the drop followed major capital spending in the first quarter, including a once-off infrastructure investment by Loc8 Mobile.  “It is also important to note that Telecom Namibia and Paratus Telecommunications continued to make considerable investments during the period,” the report said. Cran reported that cyber-threat events more than doubled during the quarter.  “Reported cyber vulnerabilities also increased by approximately 2%, sustaining an upward…

Chamwe Kaira  Namibia Breweries Limited (NBL) has advised shareholders that operating profit for the six months ended 30 June 2025 is expected to increase by between 75% and 80%.  NBL also said basic earnings per share are expected to grow by between 85% and 90%, while headline earnings per share will rise by between 90% and 95%, compared to the same period last year.  “This increase is driven by strong volume performance in Namibia, benefits from locally packaged wine plus cider and disciplined cost management,” NBL said.  Interim financial results will be released on or about 19 September. In the…

Chamwe Kaira  Data consumption increased by 8% in the second quarter of 2025, while data revenue declined by 1.2%, the Communications Regulatory Authority of Namibia (Cran) reported.  This balanced the N$800 million revenue level reached in the last quarter of 2024 after several quarters of around N$700 million.  The decline in revenue despite higher consumption was linked to free data promotions by operators. The revenues from voice and SMS continued to fluctuate. SMS revenue dropped by 14%, while voice revenue fell by 6%. During the quarter, ICT revenue increased by 1%, but operating expenses increased by 4%. Social media accounted…

Staff Writer  The Motor Vehicle Accident Fund’s (MVA Fund) proposal to introduce new levies on locally registered vehicles, foreign-registered vehicles, and electric vehicles signals a shift in how Namibia finances its road accident compensation system. Marco Pulse of Simonis Storm Securities said the MVA, which relies heavily on a N$N$0.47 per litre fuel levy, is facing sustainability challenges.  He noted that as vehicles become more fuel efficient and electric vehicle adoption expands, fuel levy revenue is no longer keeping up with the fund’s growing obligations, such as trauma care, rehabilitation, and loss-of-income payouts. “This decoupling of road use from fuel…

Justicia Shipena Artificial intelligence (AI) could drive growth in low- and middle-income economies if they invest in digital infrastructure and supportive policies, the World Trade Organisation (WTO) says in its 2025 World Trade Report. The report was launched on Wednesday, during the WTO Public Forum in Geneva, Switzerland.  It shows that under a “policy catch-up” scenario, low-income economies could see gross domestic product (GDP) rise by 11% and middle-income economies by 12.4% by 2040.  High-income economies are projected at 12.2%. With faster technology adoption, the gains could be even higher, reaching 15.3% for low-income and 14.4% for middle-income economies. Global…