Author: Nghiinomenwa-vali Erastus
Swakop-Arandis Road has the Highest Daily Traffic in Namibia…dual carriageway to coast N$7.5 billion
By: Nghiinomenwa-vali Hangala The T0202 (Swakopmund-Arandis) road has the highest daily traffic volume in the country, experiencing 3,915 vehicles and 1,054 heavy vehicles, according to Road Authority insights shared with the National Council Standing Committee on Transport, Infrastructure…
Redeeming Eurobond Saves Govt N$12 bn in Debt Servicing
By: Nghiinomenwa-vali Hangala Bank of Namibia quarterly updates show that debt servicing for the central government increased by N$550 million year-on-year to N$5.0 billion during the first quarter of 2026. The increase was reflected in domestic debt service,…
Namibia’s Debt Larger Than Real GDP
By: Nghiinomenwa-vali Hangala Total government debt (foreign and domestic) stood at N$178.4 billion at the end of March 2026. At this level, it is more than the country’s Real Gross Domestic Product (GDP) of 2025. Namibia’s debt is…
Bulk Earthworks at New Uranium Mine 92% Complete
By: Nghiinommenwa-vali Hangala Updates on the development and construction of another uranium mine, the Etango Uranium Mine in Erongo Region, have revealed that the bulk earthwork is 92% done. Bannerman Energy, which is developing the mine, provided the…
Microlending Sector Struggles with Compliance
By: Nghiinomenwa-vali Hnagala Only 58% of the 958 registered microlenders were fully compliant with regulatory provisions by the end of last year, according to NAMFISA. According to the latest quarterly report, which covers the last three months of…
Presidential Task Forces Reports Submitted to the President … directives given to Ministries according to the NPC
By: Nghiinomenwa-vali Hangala The three Presidential Task Forces put together by the president on various pressing macroeconomic issues have reportedly submitted their findings and recommendations to the Head of State as of the end of the first quarter….
Namibia has More Than 32 Embassies, High Commissions, and Consulars
By: Nghiinomenwa-vali Hangala As Namibia continues to seek investments, trade partnerships, and more markets to diversify and structure its economy, the country has employed various tools to market itself and attract investors and open new markets. One of…
Investors Switched N$2.6 Billion of GC27 to Date
By: Nghiinomenwa-vali Hangala Come 15 January 2027, the government will not pay back N$2.6 billion it borrowed from investors through the GC27. This is because some of the investors who have lent government money through the GC27 have…
Nam Vocational Centres Cannot Meet Artisan Demand … if GH2 and Derivatives Move to Phase 2
By: Nghiinomenwa-vali Hangala A skills gaps analysis of three Green Hydrogen and Derivatives Projects that advanced to post-pilot has indicated that the current level of supply of specialised artisans will not meet demand, should they progress to second…
5km-Long Gold Prospect Found in Damara Goldbelt
By: Nghiinomenwa-vali Hangala A Canadian-listed gold exploration company, Ongwe, has reported this month that it stumbled upon one of the biggest gold-in-soil anomaly prospects. The finding, which is termed the Nguni project, is 17km from the company’s Manga…