Category: National
Capital and Legislative Support to be Provided to Epangelo Mining
By: Nghiinomenwa-vali Hangala To address the limited participation of Namibians in the mining sector, the Ministry of Industries, Mines, and Energy has committed to supporting local businesses and developing and implementing local content policies for the sector. …
Namibia Eyes Banana Self-Sufficiency
By: Peneyambeko Jonas Namibia has taken steps towards reducing its dependence on imported fruits as promising banana harvest trials at Etunda in the Omusati Region showed positive results. For years, Namibia has heavily relied on…
Consumer Credit Bill Expected to Tackle Consumer Debt
By: Dwight Links Namfisa’s general manager for legal services, Nolan Swartz, explained that they have led a coalition of organisations and ministries to develop the Consumer Credit policy a couple of years ago. These included the Ministry…
Andersen Namibia Joins Andersen Global
By: Nghiinomenwa-vali Hangala Andersen Namibia, a Windhoek Accounting & Taxation firm, has become a full member firm of one of the world’s largest professional services networks, Andersen Global. The formal launch saw Andersen Taxation and Advisory (Andersen…
Switch Auctions Saved the Government During Bond Maturity
Last year, the government avoided paying approximately N$6.4 billion in a bond redemption by allowing investors to switch their investment to long-term dated bonds. The government revealed this in its 2025/26 Borrowing Plan. During the last financial…
Commodities Continue to Dominate the Export Basket
Namibia’s export basket for March 2026 was mainly composed of commodities from the mining sector, such as uranium, non-monetary gold, nickel ores and concentrates, and precious stones (diamonds). Fish was the only non-mineral product among the top five…
Four Local Contractors Constructing Etango Mine
As of the end of March 2026, the Etango Uranium Mine contractor workforce on site has crossed more than 560 people. These employees are employed across four local Namibian contractors, Namibbeton, K Neumayer, Tulela Mining, and AN…
China Owns Stake in Every Operational Uranium Mine in Namibia
By: Nghiinomenwa-vali Hangala Chinese companies own either majority shares or second majority shares in the country’s three active major uranium mines as of 2025, shows the Chamber of Mines Annual Review Report. Latest updates indicate that China’s…
Njaba Seed Fund to Provide Capital to SADC From Namibia
By: Hee-Dee Walenga Bellatrix Investment Managers launched the Njaba Seed Fund in Windhoek yesterday evening. The fund will target startups that are beyond the idea stage but lack the capital needed to scale their operations. Speaking…
Central Govt Will Borrow N$29.2 Billion in 2026/7 Financial Year
By: Nghiinomenwa-vali Hangala The Namibian government will borrow N$29.2 billion (10.2% of GDP) for FY2026/27 to cover the budget deficit, additional statutory payments, and government debt obligations. This is shown by the country’s Borrowing Plan for FY2026/27,…