Oslo, Aug 12, 2026 (AFP) - Norway sovereign wealth fund sees record gains on semiconductor boon

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2026-08-12
Norway's sovereign wealth fund, the world's largest, reported Wednesday a record return on investments of $185 billion in the first half, recovering from heavy losses seen in the first three months of the year. The 9.4 percent return was due largely to its holdings in Asian technology firms, which have powered ahead on massive demand for artificial intelligence gear. It marked a sharp rebound from the $58 billion loss reported in the first quarte......
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WINDHOEK, 11 August 2026 -  Feminists and women’s rights advocates pictured during a discussion at the African Feminism Forum in Windhoek. (Photo: Contributed)

WINDHOEK, 11 August 2026 - Feminists and women’s rights advocates pictured during a discussion at the African Feminism Forum in Windhoek. (Photo: Contributed)

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HAVANA, 11 August 2026 - Namibian Prime Minister Dr. Elijah Ngurare reaffirmed Namibia's unwavering solidarity with Cuba and demanded an immediate end to the US trade blockade during a tribute to Fidel Castro in Havana. (Photo: Contributed) NAMPA.

HAVANA, 11 August 2026 - Namibian Prime Minister Dr. Elijah Ngurare reaffirmed Namibia's unwavering solidarity with Cuba and demanded an immediate end to the US trade blockade during a tribute to Fidel Castro in Havana. (Photo: Contributed) NAMPA.

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HAVANA, 11 August 2026 - Namibian Prime Minister Dr. Elijah Ngurare reaffirmed Namibia's unwavering solidarity with Cuba and demanded an immediate end to the US trade blockade during a tribute to Fidel Castro in Havana. (Photo: Contributed) NAMPA.

HAVANA, 11 August 2026 - Namibian Prime Minister Dr. Elijah Ngurare reaffirmed Namibia's unwavering solidarity with Cuba and demanded an immediate end to the US trade blockade during a tribute to Fidel Castro in Havana. (Photo: Contributed) NAMPA.

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WINDHOEK, 11 August 2026 - (From left) Namibia Nature Foundation communications officer Disney Andreas; Namibia Nature Foundation head of grants and administration, Hilma Shongolo; and Nedbank Namibia Chief Financial Officer, Victor Maengahama, pictured at the Nedbank Campus for the Go Green Fund handover. (Photo: Contributed)

WINDHOEK, 11 August 2026 - (From left) Namibia Nature Foundation communications officer Disney Andreas; Namibia Nature Foundation head of grants and administration, Hilma Shongolo; and Nedbank Namibia Chief Financial Officer, Victor Maengahama, pictured at the Nedbank Campus for the Go Green Fund handover. (Photo: Contributed)

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WINDHOEK, 11 August 2026 - Sepo Haihambo, Managing Director of Old Mutual Investment Group, Old Mutual Namibia. (Photo: Contributed)

WINDHOEK, 11 August 2026 - Sepo Haihambo, Managing Director of Old Mutual Investment Group, Old Mutual Namibia. (Photo: Contributed)

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OPUWO, 10 August 2026 - Parliamentary Standing Committee on Natural Resources chairperson Tobie Aupindi with committee members and Opuwo Urban Constituency Councillor Ueutjerevi Ngunaihe during a visit to Okarikua Mining on Monday. (Photo: Kaviveterue Virere) NAMPA

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NKURENKURU, 10 August 2026 - The Kavango West Regional Education Director, Pontianus Musore. (Photo: Lylie Joel)
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NKURENKURU, 10 August 2026 - The Kavango West Regional Education Director, Pontianus Musore. (Photo: Lylie Joel) NAMPA

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WINDHOEK, 10 August 2026 - Vice-Chancellor of the University of Namibia, Kenneth Matengu pictured at the official launch of the REALTEST Project. (Photo: Edward Tenete) NAMPA

WINDHOEK, 10 August 2026 - Vice-Chancellor of the University of Namibia, Kenneth Matengu pictured at the official launch of the REALTEST Project. (Photo: Edward Tenete) NAMPA

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