Author: Nghiinomenwa-vali Erastus
Domestic Capital Mostly Invested in Listed Equities and Debt
By: Nghiinomenwa-vali Erastus Most of the country’s N$289.9 billion capital that is deployed domestically through investment managers is invested in listed equities (shares) and debt instruments as of 31 March 2025, according to the Namfisa 2025 First Quarter…
Namdia Pushes for Larger Share of Rough Diamonds
By: Nghiinomenwa-vali Erastus The Namibia Desert Diamonds (Namdia) believes the country can earn significantly more from its diamond resources if the company is granted access to a larger share of rough diamonds. In its latest quarterly report, released…
Parliament Demands Banks’ Charges Impact Report
By: Nghiinomenwa-vali Erastus The Parliamentary Committee on Economy, Industry, and Public Administration, has asked the Central Bank to conclude the impact assessment of commercial banks fees and charges and share it with the Ministry of Finance. The governor…
Bycatch Threatens Pilchard Recovery
By: Nghiinomenwa-vali Erastus Regulators in the fishing industry have observed intentional pilchard bycatch affecting the recovery of the stock species. This was revealed in Parliament by the Minister of Agriculture, Land Reforms and Fisheries, Inge Zaamwani, on…
Rice Cultivation Can Reduce 28,317 Tons of Rice Imports
By: Nghiinomenwa-vali Erastus A market intelligence report by the Namibia Agronomic Board has revealed that the country’s growing importation of rice to meet local demand offers a significant opportunity for local producers and traders to supply the domestic market….
Construction of the N$1.6 billion Solar Power Station Begins
By: Nghiinomenwa-vali Erastus NamPower officially initiated the construction of its largest Solar PV Power Station to date yesterday, the100 MW Sores |Gaib Power Station – situated 33 km northwest of Rosh Pinah. The power utility revealed in…
N$135 million in Electrification Subsidies for Distributors
By: Nghiinomenwa-vali Erastus In an effort to increase access to electricity nationally from 59% to 70% by 2030, the government will allocate N$135 million and more in subsidies to electricity distributors. This includes N$8 million in subsidy for…
Financial Sector is Encouraged to follow SA’s Cybersecurity Standards
By: Nghiinomenwa-vali Erastus It has been recommended that Namibian companies in the financial sector follow South Africa’s latest legal standard for cybersecurity in the financial sector. The South African Financial Sector Conduct Authority and the Prudential Authority, have…
Import Data Highlights Market Potential for Local Plant Production in Namibia
By: Shawn Uiseb and Nghiinomenwa-Vali Erastus Over the past five years, Namibia has spent approximately N$328.2 million importing various plant species from around 32 countries, according to data compiled by the Namibia Statistics Agency. The data indicates…
60 Out of 121 Constituency Youth Enterprise Proposals Ready for Financing
By: Nghiinomenwa-vali Erastus A report by the National Council Standing Committee on Education, Science, ICT, and Youth Development has revealed that 60 out of 121 proposals under the Constituency Youth Enterprise Initiative are ready for financing. The…