Author: Nghiinomenwa-vali Erastus
SACU to Maintain External Tariff Despite US ‘Reciprocal’ Measures
By: Nghiinomenwa-vali Erastus The Southern African Customs Union (SACU) has resolved to maintain its common external tariff despite the United States imposing reciprocal tariffs on SACU member states last month. Lesotho and South Africa have been the…
NAB Commits N$250 Million for Crop Value Chain Development
By: Nghiinomenwa-vali Erastus The Namibia Agronomic Board (NAB) has committed to invest approximately N$250 million over the next five years, intending to develop the country’s crop value chain. The project will also include crops of citrus varieties….
Pep to Acquires 24 Big Daddy Clothing Stores in Namibia
By: Nghiinomenwa-vali Erastus Pep Stores (Namibia) Proprietary Limited has received approval from the Namibian Competition Commission to acquire the business operations of Audacity Clothing, trading as Big Daddy Clothing, in Namibia. The Commission announced the decision along with…
Meat Sector Struggles as Farmers Rebuild Herds
By: Nghiinomenwa-vali Erastus The meat industry has been experiencing a notable downturn in the first quarter of 2025, with livestock supply for slaughter and live export decreasing sharply as farmers focus on rebuilding their herds. According to the…
Economic Transformation Hinges on a Robust Entrepreneurship Ecosystem
By: Nghiinomenwa-vali Erastus Sustainable economic transformation in Namibia is only possible if the country cultivates a supportive environment for entrepreneurs, according to the Namibia Chamber of Commerce and Industry (NCCI). In a statement issued to announce the Chamber’s…
Over 6,600 from NUST and UNAM to entered the Job Market in 2025 So Far
By: Nghiinomenwa-Vali Erastus The Namibia University of Science and Technology (NUST) has conferred degrees to more than 2,800 students over the past two days, significantly contributing to the country’s pool of skilled labour. This represents a 40% increase in…
Otjikoto Mine Set to Produce Up to 185,000 Ounces of Gold in 2025
By: Nghiinomenwa-Vali Erastus Otjikoto Mine is projected to produce between 165,000 and 185,000 ounces of gold in 2025, according to B2Gold’s Q1 2025 report. The mine, 90% owned by B2Gold, is expected to process 3.4 million tonnes…
Govt to Borrow N$29.8 Billion This Year…N$21.2 Billion to Be Sourced Locally
By: Nghiinomenwa-vali Erastus The government plans to borrow N$29.8 billion during the 2025/26 financial year to meet its budgetary requirements and other financial obligations. Of this amount, N$21.2 billion will be raised from the domestic market, according…
Nam to Start Backing Currency with Gold
By: Nghiinomenwa-vali Erastus As part of its evolving foreign exchange reserve management strategy, the Bank of Namibia will begin accumulating gold to diversify and strengthen the country’s reserve assets. The central bank aims to allocate 3% of its foreign exchange…
UN Urges Namibia to Invest in Violence Prevention and Psychosocial Support
By: Nghiinomenwa-vali Erastus The United Nations (UN) office in Namibia has called for an urgent, compassionate, and collective national response to protect every child in the country. The call follows the brutal killings of two children and a young…