Author: Nghiinomenwa-vali Erastus
Govt to Borrow N$3.2 Billion for April
By: Nghiinomenwa-vali Hangala The government will kick off the new financial year by turning to the market to borrow N$3.2 billion for the first month, according to the Borrowing Plan Summary for April 2026. The summary, provided…
Fuel Under-Recovery to be Subsidised with Half a Billion NAD
By: Nghiinomenwa-vali Hangala Namibia has recorded one of the highest fuel under-recoveries for April, on two main fuels, forcing the government to step in to cover the difference with N$500 million. The Ministry of Industries, Mines, and…
Infrastructure Upgraded at Various National Parks
By: Nghiinomenwa-vali Hangala The Ministry of Environment, Forestry and Tourism (MEFT), and partners have renovated and constructed infrastructure across Etosha, Hardap, and Bwabwata National Parks to the value of N$166 million. The ministry announced this in a…
Nam Economy Has Only Expanded by N$14.1bn in 10 Years
By: Nghiinomenwa-vali Hangala From 2015 to 2025, the Namibia economy has only managed to expand by N$14.1 billion in terms of extra goods and services produced, according to real Gross Domestic Production (GDP) figures. The national account…
SA, Zambia, Zimbabwe and SAPP Combine to Meet Nam Electricity Needs
By: Nghiinomenwa-vali Hangala In January 2025, South Africa, Zambia, Zimbabwe, and the Southern Power Pool combined to supply 53.3% of Namibia’s electricity, according to the monthly compilation by the Namibia Statistics Agency (NSA). This has proven to…
Country Fuel Supply Situation to be Known Today
By: Nghiinomenwa-vali Erastus The Minister of Industries, Mines and Energy will provide an update on the status of Namibia’s fuel supply security today. This comes against the backdrop of ongoing geopolitical tensions in the Middle East between…
Navachab to Supply BoN with Gold for Reserves
By: Nghiinomenwa-vali Hangala The Bank of Namibia (BoN) has signed a gold purchase agreement with QKR Namibia Navachab Mine for its reserve management. The central bank announced this yesterday in fulfilment of its 2025 decision to make gold…
Govt Faces N$36.9 Billion Repayment Obligation in 4 years
By: Nghiinomenwa-vali Hangala In the next 4 years, the Namibian government has to repay N$36.9 billion throughout the 2026/27–2028/29 Medium Term Expenditure Framework period. This is according to the bond maturity profile documented in the country’s Fiscal…
Inflation-Linked Bonds Investors to get N$127.5 Million Coupon
By: Nghiinomenwa-vali Hangala Those who have lent their money to the government until 2027 and 2033 respectively through inflation-linked bonds will be rewarded with their first annual coupon payment on 15 April 2026. According to the…
Capricorn Foundation Launches TVET Empowerment Initiative
By: Nghiinomenwa-vali Hangala The Capricorn Foundation, in partnership with Unmatched Potential – Business Box Namibia, has launched the Vocational Graduate Entrepreneurship Programme, as announced by the foundation this week. The initiative aims to equip Technical…