Author: Justicia Shipena
EV Industry Warns Against Excessive Regulation
By: Justicia Shipena Electric vehicle (EV) industry experts are cautioning that excessive regulatory oversight and a lack of private sector engagement could hinder Namibia’s transition to electric mobility. Namibia’s plan to implement an EV charging infrastructure regulatory framework…
Paratus Strengthens Its Cybersecurity After Cyber Attack
By: Justicia Shipena Paratus has announced additional investments in advanced cybersecurity solutions following a cyber attack that targeted its systems last week. The company stated that these investments are part of its proactive and continuous strategy to strengthen…
Non-Performing Loans Threaten Banks’ Stability
By: Justicia Shipena Economists are warning that the growing volume of non-performing loans (NPLs) in Namibia could destabilise the financial sector and jeopardise banks’ balance sheets. An increasing number of Namibians are defaulting on loans due to affordability…
Policy Shift Needed to Support Local Tourism Entrepreneurs
By: Justicia Shipena Tourism experts are calling for policy reforms to expedite local entrepreneurs’ participation in the tourism market and enhance industry efficiency. Gitta Paetzold, CEO of the Hospitality Association of Namibia, emphasised that tourism in Namibia has…
Rhino Resources Confirms Hydrocarbon Discovery in Orange Basin
By: Justicia Shipena Rhino Resources has confirmed the presence of hydrocarbons at its Sagittarius-1X exploration well, drilled in Block 2914 of the Orange Basin offshore Namibia. However, it remains uncertain whether the discovery is commercially viable. The company, along…
Nam Engineers Prepare for Wind Turbine Industry
By: Justicia Shipena As Namibia accelerates its transition to renewable energy, five Namibian engineers are undergoing specialised wind turbine training in South Africa, marking a crucial step in the country’s green industrialisation journey. The engineers are enrolled at the…
Oil Not Accounted for Economic Growth in 2025
By: Justicia Shipena Oil exploration will not contribute to Namibia’s economic growth this year, according to the Bank of Namibia (BoN). Central Governor Johannes !Gawaxab emphasised the uncertainty surrounding oil exploration, stating that while significant investments are being…
Govt Spending May Shift Due to Fishrot Legal Aid – Analyst Warns …experts say legal aid is a right for all
By: Justicia Shipena, Uaueza Kanguatjivi Government spending priorities could be impacted if legal aid is granted to the Fishrot accused, consumer analyst Salomo Iipinge has warned. He cautioned that using public funds to defend high-profile corruption suspects could…
HyIron Oshivela Cuts Electrolyser Costs, Boosting Green Hydrogen Affordability
By: Justicia Shipena The HyIron Oshivela Green Iron project in Arandis has significantly reduced the cost of electrolysers, a key component in green hydrogen production. By keeping expenses at N$7,411 ($400) per kilowatt hour (kWh), far below the…
Sports Sector Backs Govt’s Mourning Directive
By: Justicia Shipena Namibian sporting bodies have expressed support for the government’s directive to suspend sporting events during the mourning period for the late Founding President Sam Nujoma. The Namibia Football Association (NFA) has confirmed its compliance with…