Category: Economic Development
Energy Fund Surplus Almost Exhausted
By: Nghiinomenwa-vali Hangala The National Energy Fund, which held substantial surplus funds, is currently almost exhausted. Going from the ability to absorb the under-recoveries and the premiums charged on top of the Basic Fuel Price, to safeguard our security…
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…
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…
China, USA, Global Powers, Smoothing Economic Interests
By: David Shoombe In the recent two-day US–China summit in Beijing, Chinese President Xi Jinping told the US delegation that “China and the USA should be partners, not rivals. Addressing the USA delegation at the State Banquet, Jinping…
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…
Potatoes Still Dominate Import Bill
By: Nghiinomenwa-vali Hangala For 2025, Namibian consumers have spent on average N$56 million importing potatoes through wholesalers, retailers, and individual buyers. This is according to the Agriculture and Fishing Indicators Bulletin – Fourth Quarter 2025,…
GDP Too Shallow to Measure Economic Progress
By: Nghiinomenwa-vali Hangala Economic progress should be measured by the well-being of people and the planet, not just economic output, according to the United Nations Secretary-General’s Independent High-Level Expert Group on Beyond GDP. The experts develop recommendations for…
Nam Economy Reinforces the ‘Take, Make and Waste’ Model
By: Dwight links According to Nico Du Plessis, managing director of Plastic Packaging, Namibia’s current economy is too linear, as it reinforces the ‘take, make and waste’ model. Du Plessis shared these sentiments at the Circular Economy Powered…
Omusati Youth Call for Investment in Earth Dams
By: Loise Shiimi On Friday, a group of youths from Otamanzi in the Omusati Region expressed their challenges to the Deputy Minister of Agriculture, Ruthy Masake, during a youth agricultural engagement session. The attendees called for initiatives to…