Technology (156)

The Fourth Industrial Revolution (4IR) Task Force officially handed its country readiness report to President Hage Geingob on Monday.

 The Namibia Financial Institutions Supervisory Authority (NAMFISA) is banking on technology to stimulate public participation on the Namibian Stock Exchange (NSX).

Mobile Telecommunications Limited (MTC) in collaboration with Netstar Namibia and Standard Bank Namibia, have launched an In-Car Wi-Fi and vehicle tracking service on vehicles purchased through Standard Bank.

The City of Windhoek councillors have approved a resolution to implement the long-standing fiber project, a development which could boost its plans to become a smart city.

Paratus Telecom on Monday commissioned the Armada Data Centre built at a cost of N$123 million funded through listed bonds on the Namibian Stock Exchange in which the Government Institutions Pension Fund participated. 

The Bank of Namibia has revealed that it has adopted technology in some of its functions, including the deployment of virtual bots to improve its financial intelligence monitoring function.

The Communications Regulatory Authority (CRAN) says about 1400 out of 1800 schools, translating to 78%, in the country are without Information and Communication Technology infrastructure.

Telecom Namibia, with an investment of over N$148 million in fiber deployment, hopes to accelerate the roll out of fiber to pass and connect thousands of homes, improving the coverage of their existing 10,676 km (65.2% of national coverage) national fiber backbone. 

Namibia’s looming mandatory mobile SIM card registration requirements will enable the country to finally implement telecommunications number portability, two years after publishing the regulations, the Communications Regulatory Authority of Namibia (CRAN) has said.

Namibians will soon know if the country is ready for the Fourth Industrial Revolution (4IR) amid indications that a team set up to investigate Namibia’s readiness will submit its findings to Cabinet at the end of the month.  

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