Author: Nghiinomenwa-vali Erastus
Etango Secures One Million lbs Uranium offtake Agreements
By: Nghiinomenwa-vali Hangala The Etango Uranium Project, currently under development in the Erongo Region, has signed two offtake agreements to supply two North American electricity producers with uranium once operational. The mine developer and main shareholder, Bannerman Energy, announced in…
Haib Copper Project Will Need 150MW and 20 Million m3 of Water Per Year
By: Nghiinomenwa-vali Erastus According to the released Preliminary Economic Assessment (PEA) of the Haib Copper Project in southern Namibia, the project will require 20 million cubic metres of water, and this can potentially be piped from Namibia’s Neckartal storage…
Capital Continues to Flood Govt Debt Instruments
By: Nghiinomenwa-vali Hangala The tender result of the three Treasury Bills (T-Bills) auction that was carried out yesterday shows that investors have submitted bids worth N$3.3 billion in the quest to lend to the government through its short-term instruments….
Gap Analysis on Digital Public Infrastructure Commences
By: Nghiinomenwa-vali Hangala The Bank of Namibia, together with key national institutions, has started a comprehensive gap analysis of Namibia’s digital public infrastructure. This was revealed by Ericah Shafudah, the Minister of Finance, in her address delivered at the…
Govt Debt up by N$66 Billion in 5 Years
By: Nghiinomenwa-vali Hangala As of Friday last week, local investors have lent N$139.7 billion to the Namibian government to fill its budget shortfall for the past five financial years through bonds and treasury bills. This is an increase from N$73.8 …
Cancer Apple Project Raises N$38.4 Million Since 2000
By: Nghiinomenwa-vali Hangala Since its inception in 2000, the Bank Windhoek Cancer Apple Project has raised N$38.4 million for the Cancer Association of Namibia. The project involves sourcing, distributing, and mobilising dedicated teams that work behind the scenes to…
401 Bids Received for N$2 Billion Borrowing Plan
By: Nghiinomenwa-vali Hangala The government managed to raise N$2 billion domestically this week, through its 14 listed bonds, instead of the outside market. This is according to the auction outcome as released by the Bank of…
Domestic Markets Filled With Capital
By: Nghiinomenwa-vali Hangala The Bank of Namibia, on behalf of the country treasury, has announced that it has changed its plan to borrow N$2 billion from outside because the domestic market is full of capital looking for growth avenues. The…
National Budget and Procurement Too Rigid to Fund Green Schemes
By: Nghiinomenwa-vali Hangala The Ministry of Agriculture has revealed that the current Public Procurement Framework and the country’s Budget Appropriation approach are failing the green schemes in terms of funding. In a statement released last week, the Ministry stated that…
First Sustainability-Linked Bond Attracts Half a Billion
By: Nghiinomenwa-vali Hangala Bank Windhoek’s new 3-year Sustainability-Linked Bond (SLB) has attracted N$525.5 million in bid values during its auction on 19 August 2025. The auction was 1.75 times oversubscribed, Bank Windhoek revealed in a press statement last week….