Author: Nghiinomenwa-vali Erastus
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…
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…
MTC Turns 30, Reaffirms Commitment to Social Investment
By: Nghiinomenwa-vali Erastus Mobile Telecommunications Limited (MTC) celebrated its 30th anniversary this week, marking three decades of service in Namibia’s telecommunications sector with a renewed pledge to support the country’s national development agenda through sustained socio-economic investments. Speaking at…
Namibia at High Risk of Cyberattacks in 2025
By: Nghiinomenwa-vali Erastus Namibia is at high risk of facing cyberattacks in 2025, according to the latest Financial Stability Report. The report, released by financial sector regulators, warns that cyber threats remain serious and are likely to occur within…
Local Content Success Depends on Access to Local Capital
By: Nghiinomenwa-vali Erastus Domestic financiers are key to making policies work that aim to boost local participation in complex sectors like oil and gas. Bank Windhoek’s Managing Director, Baronice Hans, made this clear when industry leaders met in Windhoek this…