Author: Nghiinomenwa-vali Erastus
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…
US Dollar Reserve Global Dominance Shrinks
By: Nghiinomenwa-vali Erastus A summary done by the Bank of Namibia last week shows that the USA dollar’s dominance as a global reserve currency has eroded from over 70% in 2000 to 59% in Q1 2024. The USA dollar has…
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…
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…
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 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…
N$60.8 billion for Public Procurement in 25/26 FY
By: Nghiinomenwa-vali Erastus For this financial year (2025/26) the government will procure N$60.8 billion worth of goods and services under the operational and capital budget. This is from the N$96.8 billion operational and development budget as tabled by the…
Unpaid Import Bills Threaten Business Operations for 5,000+ Importers
By: Nghiinomenwa-vali Erastus More than 5,000 importing individuals and businesses are at risk of having their import accounts suspended if they do not settle their import debt or make payment arrangements. The Namibia Revenue Agency (NamRA) announced this week. This…
Positive Final Investment Decision Expected on Etango Uranium
By: Nghiinomenwa-vali Erastus The development of another advanced uranium mine, Etango, is expected to receive a positive Final Investment Decision this year from the investor. The 8 Mtpa Etango uranium is being developed by Bannerman Mining Resources Namibia. The…