Category: Economic Development
World Bank Appoints First-Ever Joint Resident Representative in Namibia
By: Dolly Menas The World Bank Group has appointed Mariama Cire Sylla as its first-ever joint Resident Representative for Namibia, effective October 1, 2024. This newly created position aims to consolidate the World Bank Group’s services, offering…
Govt Could Slash N$6.77 Billion in Bonds by 2025
By: Justicia Shipena The government is set to reduce its outstanding bonds by 2025, with N$6.77 billion currently owed on GC24, GC25, and GI25 bonds, according to a report from Simonis Storm Securities. This figure is expected to…
Windhoek Electrifies 4,000 Informal Settlement Households
By: Hileni Inane The City of Windhoek (CoW) says it has electrified approximately 4,000 households in various informal settlements over the past five years. The city’s mayor, Queen Kamati, stated that this achievement demonstrates the city’s commitment to…
Blueberry Expansion Project in Divundu Draws Mixed Reactions
By: Annakleta Haikera A N$1.5 billion blueberry project in Divundu, which promises to boost the local economy and create thousands of jobs, has received mixed reactions from the community. The controversy follows Eos Capital’s recent acquisition of a 15%…
Katima Mulilo Struggles With 1,500 Housing Applications Dating Back to 2008
By: Hertha Ekandjo The Katima Mulilo Town Council is facing significant challenges in land and housing delivery as it struggles to manage a long-standing backlog of residential applications. With Katima Mulilo being the only urban area in the Zambezi…
Over 8,000 Jobs Promised for Communities Near Divundu
Staff Writer A company called Namibia Berries which is growing blueberries near Divundu in the Kavango East region has promised to create up to 8,000 new jobs for the local community over the next five to seven years, following…
Namibia Conducts First 5G Trial
By: Nghiinomenwa-Vali Erastus MTC, in collaboration with Huawei, has successfully completed Namibia’s first 5G trial, generating significant commercial interest. Despite this milestone, Namibia lags behind globally, with other regions already exploring 6G deployment. Namibia has not yet fully rolled…
Swakopmund Sees Decline in Construction Activity
By: Hileni Inane Swakopmund experienced a significant year-on-year decline in construction activity in July 2024 with only 39 plans in July 2024 compared to 66 in July 2023. The value also declined from N$64.7 million in July 2023 to N$50.1…
Raking for a Living: Linus Iiyambo’s Yard Cleaning Enterprise Thrives in Ondangwa
By: Juliana Iikela They say it’s not about what you do, but how well you do it. For Linus Iiyambo, this has never been truer. Facing unemployment and with few options left as he nears retirement age, Iiyambo had…
Over 2,340 in Khorixas Food Insecure due to Drought
By: Uakutura Kambaekua Over 2,300 households in the Khorixas Constituency in the Kunene region are in dire need of food and humanitarian assistance due to the prolonged drought affecting the region. In an interview with The Villager, Khorixas constituency…