Author: Justicia Shipena
Namibia Eyes Marine Biotechnology to Boost Blue Economy
By: Justicia Shipena Namibia has reinforced its commitment to unlocking the potential of the blue economy through investments in renewable marine energy, sustainable aquaculture, and marine biotechnology while maintaining environmental stewardship. The country called for international collaboration to…
Construction Sector Shows Resilience Amid Fluctuations
By: Justicia Shipena The construction sector continues to demonstrate resilience, with steady growth in the value of building plans approved in November, reflecting increasing demand despite fluctuations. According to IJG Securities’ latest report, “Namibia’s building sector continues to…
Drought and Lower Diamond Output Weigh on Namibia’s Primary Industries
By: Justicia Shipena The ongoing drought and reduced diamond production have significantly impacted Namibia’s primary industries, leading to a 4.4% decline in real value added during the third quarter of 2024. This marks a stark contrast to the…
N$58.4 Million License Fees Drive MTC’s Earnings Down
By: Justicia Shipena The Mobile Telecommunications Company (MTC) has reported a decrease in its annual earnings for the current financial year, largely attributed to “extraordinary regulatory costs”, including the settlement of annual license fees totalling N$58.4 million. This…
Activist Criticises the Impact of Bilateral Deals on Namibia’s Economic Rights
By: Justicia Shipena As Namibia observed Human Rights Day, attention turned to whether agreements Namibia has signed with foreign firms and loans the country has acquired from other nations and international agencies impede the economic rights of its…
Uncertainty Surrounds EVMs for Future Elections
By: Justicia Shipena The Electoral Commission of Namibia (ECN) remains undecided on whether it will reintroduce electronic voting machines (EVMs) in the 2029 elections or continue using ballot papers. In February 2020, the Supreme Court ruled that EVMs…
EU Becomes Namibia’s Top Export Market Over Three Years
By: Justicia Shipena The European Union (EU) has emerged as Namibia’s largest export market over the past three years, according to a recent study. This coincides with a stakeholder workshop hosted by the EU Delegation to Namibia in…
Repo Rate Cut to Spur Economic Growth
By: Justicia Shipena & Loise Shiimi The decision by the Bank of Namibia (BoN) to lower the repo rate by 25 basis points to 7.00%, signals its commitment to support for the domestic economy amid a favourable inflation…
Speculation Grows Around Nandi-Ndaitwah’s Cabinet Appointments
By: Justicia Shipena The composition of President-elect Netumbo Nandi-Ndaitwah’s Cabinet remains uncertain as Swapo faces significant challenges following its diminished performance in the just ended National Assembly elections. The ruling party secured only 51 of the 96 seats,…
Namibia to Get First Female President but Swapo loses ⅔ majority … IPC takes over as official opposition as PDM lose 9 seats
By: Justicia Shipena Namibia is set to inaugurate its first female President, Netumbo Nandi-Ndaitwah of Swapo, following a contentious election period. Nandi-Ndaitwah emerged victorious with 57.31% of the votes from over 1.1 million ballots cast. The announcement, delivered by…