Category: Top Stories
Non-Bank Financial Sector Assets Near Half a Trillion Mark
By: Nghiinomenwa-vali Erastus The total assets of Namibia’s non-bank financial institutions reached N$474.1 billion by the end of December 2024, bringing the sector just a few million dollars shy of the half-a-trillion mark — and nearly three times the size…
Only Flood-Affected Farmers to Receive Drought Relief – Nandi-Ndaitwah
By: Loise Shiimi President Netumbo Nandi-Ndaitwah says only individuals whose fields were destroyed by floods will qualify for government drought relief support. Nandi-Ndaitwah was speaking during a visit on Saturday to relocation centers in the Omusati, Oshana, and…
Ruacana Supplies 84% of National Electricity in Early 2025
By: Nghiinomenwa Erastus For the first two months of 2025, the Ruacana Hydro Power Station has generated 84% of the country’s electricity. Reducing the country’s power imports to around 40%, which is contrasting to the usual picture experienced in the…
Namibian Civil Technicians Eager to Upgrade Railway System
By: David Shoombe Namibian civil technicians and engineering students are calling for urgent upgrades to the country’s railway infrastructure. They emphasised its ability to drive national development, alleviate road congestion, and provide job opportunities for the youth. Ismael Sefanya, a…
Seven Months Later, HyRail Project Still Stalled
By: Justicia Shipena The HyRail project is still in concept mode after seven months. The dual-fuel hydrogen-diesel locomotives project, which was set to be fuelled by Namibian green hydrogen, was halted in September of last year. The temporary suspension came…
Windhoek Road Repairs Set to Cost N$15.2 Million
By: Nghiinomenwa-vali Erastus The City of Windhoek (CoW) has announced that it has earmarked approximately N$15.2 million for the repair of damaged road infrastructure across the capital. This was revealed in response to an opinion piece published by The Villager…
Namibia and Lesotho Eye Opportunities in the Automotive Industry
By: Dwight Links Namibia and Lesotho are actively exploring ways to tap into the potential of the automotive manufacturing sector. Both countries, under the support of the United Nations Economic Commission for Africa (UNECA), are working to deepen their industrial…
From Ordinary Lessor to 51% Shareholder
By: David Shoombe and Nghiinomenwa-vali Erastus After 14 years of leasing out their grape farm, the Namibia Youth Service (NYS) has received N$10 million in dividends from grape production. This is after moving from just being a landowner to a…
Passenger Permits No Longer for Sale – Nekundi
By: Justicia Shipena Transport permits will no longer be treated as trading commodities, says Works and Transport Minister Veikko Nekundi. Permit holders have until 30 September 2025 to convert their indefinite permits into new transitional ones. Nekundi made the…
Namibia Records Trade Deficit with U.S. in 2025, Excluding Uranium
By: Nghiinomenwa-vali Erastus According to analysts, the reciprocal trade tariffs (21%) imposed by the United States of America are based on their trade deficit with Namibia divided by the value of their imports. The latest statistics for January and…