Letshego Holdings Namibia has officially appointed Ashante Manetti as its new Chief Commercial Officer (CCO), with the executive assignment taking effect on 18 August. Manetti joins the leadership team with over 14 years of specialized experience across the financial services sector. According to the institution, her extensive track record includes proven expertise in commercial strategy, brand and marketing leadership, customer growth initiatives, and lending operations. In her new capacity as CCO, Manetti will lead both the bank and micro lending commercial strategy, driving sustainable growth, strengthening customer relationships, expanding the product portfolio and delivering profitable performance across the organisation. Most recently she held a senior marketing leadership role at Old Mutual Namibia, where she led strategic initiatives that accelerated customer acquisition, strengthened brand performance, drove commercial growth and supported the expansion of the organisation’s lending business through integrated marketing, customer engagement and strategic partnerships. Manetti is passionate about building high-performing...

The national electricity infrastructure remains in overall satisfactory condition, anchored by a reliable high-voltage grid, though localized distribution networks managed by town councils and farming schemes continue to face significant operational challenges. The findings were detailed in the National Electricity Infrastructure Status Report for 2024/2025 released on Monday by the Electricity Control Board (ECB). The yearly assessment evaluated power generation, transmission, and supply networks across all 14 regions, rating systems as either “satisfactory” or “poor”. While NamPower’s transmission backbone was praised for strong maintenance and reliability, the audit identified sharp performance contrasts at the local distribution level. Regions serviced by Regional Electricity Distributors (REDs) generally outperformed municipal-run operations. CENORED in the Otjozondjupa Region emerged as a top performer, while northern distributor NORED maintained manageable risk levels despite ongoing non-compliance issues. Conversely, networks directly managed by local and regional councils fared worse, with the //Kharas Region registering the highest operational concerns,...

The Renewable Energy Industry Association of Namibia (REIAoN) has announced the appointment of Paulus Mulunga as its new Chairperson, signaling a continued push to strengthen private-sector involvement in the country’s booming green energy sector. Mulunga brings a wealth of institutional knowledge to the role, having previously served as the association’s Secretary before his elevation to the helm of the organization. Outlining his strategic direction following the announcement, Mulunga stated that his primary objective will be positioning REIAoN as the central private-sector coordinating force and unified voice for Namibia’s evolving renewable energy market. His leadership comes at a crucial juncture as Namibia accelerates its domestic clean energy transition and positions itself as a regional hub for sustainable power generation, green hydrogen, and climate-focused investment. “A central theme of my tenure will be moving from advocacy towards coordinated action. REIAoN has a diverse membership with significant technical, commercial and institutional expertise, and...

Old Mutual Namibia has announced an N$80,000 sponsorship for the upcoming third edition of the Standard Bank Padel for Purpose tournament. The financial support, co-funded through Old Mutual’s Corporate Segment and Personal Finance business units, will directly back the annual corporate charity event. The tournament is scheduled to take place on 11 and 12 September in Windhoek, bringing together corporate teams and local sports enthusiasts to raise funds for a community development initiative The company revealed that each business unit contributed N$40,000, demonstrating a shared commitment to supporting initiatives that create meaningful and lasting impact in communities across the country. According to the company, Padel for Purpose forms part of Standard Bank Namibia’s Buy-a-Brick Programme, a corporate social investment initiative implemented in partnership with the Shack Dwellers Federation of Namibia. Since its inception in 2016, the programme has raised over N$27 million and contributed to the construction of approximately 740...

The Ministry of Works and Transport has officially launched a cutting-edge digital platform to monitor how state infrastructure is built, tracked, and maintained across the country. Unveiled this week by the Minister of Works and Transport, Veikko Nekundi, the newly commissioned Project Control System (PCS) introduces real-time, data-driven monitoring to safeguard Namibia’s massive N$230 billion national road assets. Developed specifically for the Roads Authority (RA) at N$13 million, the high-tech platform introduces integrated dashboards, spatial mapping, and mobile reporting to oversee life-cycle planning, budgets, and contractor performance. According to Nekundi, Namibia’s road network is one of the most valuable national assets and the Roads Authority manages nearly 50,000 kilometers of roads. “These roads connect communities to critical services, markets and opportunities, while supporting trade, tourism, regional integration and economic growth,” he said. The system will bring together information relating to project budgets, expenditure, implementation schedules, progress and performance, making the...