Author: Nghiinomenwa-vali Erastus
Treasury Given Green Light to Start Spending the N$87.9bn Budget
By: Nghiinomenwa-vali Hangala The country treasurer, Ericah Shafudah, has been given the green light by Parliament and the President to start releasing the National Budget funds to various Offices, Ministries, and Agencies (OMAs) for the procurement and fulfilment of…
15 Mergers and Takeovers Given Go-Ahead
By: Nghiinomenwa-vali Hangala The country’s competition watchdog, the Namibia Competition Commission, has approved 15 mergers and acquisitions, with some between local companies and some involving international companies. Out of the 15 mergers and acquisitions approved, three were approved with…
MTC to Invest More than Half a Billion in Telecommunication Infrastructure
By: Nghiinomenwa-vali Hangala For the 2026/27 financial year, one of the telecommunication service providers, Mobile Telecommunications Ltd (MTC), will invest more than half a billion Namibian dollars in various telecommunication and digital infrastructure. The company made the capital…
Africa’s Manufacturing Value Addition Remains at 10% of GDP
By: Nghiinomenwa-vali Hangala Despite a number of ambitions, current economic conditions across many African countries are still rooted in raw material export. According to the Afrixembank’s Trade & Development Finance Brief Issue 1, 2026, manufacturing value added as a…
South Africa and Egypt Dominate Intra-African Trade
By: Nghiinomenwa-vali Hangala At the aggregate level, the 2023–2024 intra-African exports fell by more than US$6.3 billion, which disproportionately affected the part of Africa’s trade basket that circulates within the continent. That said, most intra-African trade is…
More Than a Billion Switched From the GC27
By: Nghiinomenwa-vali Hangala The Bank of Namibia on Wednesday received 108 bids, worth N$950.9 million, as investors sought to switch their money from the GC27 bond. This comes after the Ministry of Finance invited various investors (individuals…
Private Sector Knocks on Govt’s Door with Capital … treasury says no to unsolicited funding bids
By: Nghiinomenwa-vali Hangala The central government, through its treasurer, the Ministry of Finance, has indicated that the private sector has been knocking on its doors with unsolicited bags of capital to invest in infrastructure. In a press…
Lobito and Tanzania-Zambia Corridors to Challenge Walvis Port
By: Nghiinomenwa-vali Hangala The Lobito Corridor, anchored by the rehabilitated Benguela Railway and operated by the LAR consortium (comprising Mota-Engil, Trafigura, and Vecturis), offers reduced transit times and costs for DRC and Zambia. It is…
South Africa, Zambia, and Botswana Dominated Cross-Border Cargo in 2025
By: Nghiinomenwa-vali Hangala In 2025, the highest volumes of cross-border cargo originated from South Africa (35%) and Zambia (34%), together accounting for nearly 70% of the total cross-border volumes handled through Namibian ports. Botswana contributed 18%, while the…
Govt Seeks to Switch N$6.6 Billion on Wednesday
By: Nghiinomenwa-vali Hangala On Wednesday this week, the Ministry of Finance, through the Bank of Namibia, will give a chance to various investors (individuals and institutions) to switch their N$6.6 billion investment in the GC27 Bond. According to…