Category: National
Electricity Tariffs to Keep Increasing Until 2028
By: Nghiinomenwa-vali Erastus and Justicia Shipena The latest 8% bulk tariff hike will not be the last electricity cost increase, as the regulator’s estimations indicate that Namibia will experience a bulk power tariff increase every year until 2028. According…
Paratus Namibia Secures N$600 Million Rights Issue Investment
By: Staff Writer Paratus Namibia Holdings has successfully raised over N$600 million through its recent rights issue and investment drive, which was fully subscribed. A rights issue is an offering that allows existing shareholders to buy additional shares directly…
Ithete Joins Red Line Removal Calls in Opuwo
By: Uakutura Kambaekua The community in Opuwo is urging lawmakers to establish a mobile abattoir to revitalise the livestock market, which they argue is currently nonexistent in their region. They expressed their plight amidst repeated calls for renovations to…
Iran Announces Fresh Plans for Walvis Bay Oil Refinery
By: Justicia Shipena Iran has announced plans to establish a refinery at Walvis Bay port, among other initiatives in the oil sector, an idea that was first conceived over 13 years ago. Iranian ambassador to Namibia, Seyed Ali Sharifi…
Namibia’s Cricket Team Heads to Caribbean and USA for T20 Tournament
By: Dwight Links Namibia has announced its 16-man squad for the 2024 edition of the T20 Cricket World Cup, set to take place in the Caribbean and the United States of America. Namibia is ranked 14th in the world…
Iran Offers Namibia Discounted Steel and Iron Rods
By: Hertha Ekandjo Iran has offered to supply Namibian buyers with steel and iron rods at a discounted rate, ranging from 10-20% below market prices. The Ambassador of the Islamic Republic of Iran in Namibia, Seyed Ali Sharifi Sadati,…
‘Poor People’s Organisation’ Calls for Equitable Distribution of Wealth
By: Uakutura Kambaekua A group going by the name – Poor People’s Organisation – has called on President Nangolo Mbumba to ensure a fair and equitable distribution of the nation’s wealth among its citizens. Established in Opuwo over three…
Construction Sector Experiences Growth in Windhoek
By: Staff Writer The Windhoek municipality approved a total of 184 building plans in March, marking an 11.5% month-on-month (m/m) increase compared to February’s figures and signalling a steady uptick in construction activity in the capital. Analysis conducted by…
Likwaterera Village in Kavango East to Get Permanent Healthcare Facilities
By: Annakleta Haikera Health Minister Kalumbi Shangula has announced plans to construct a permanent health facility at Likwaterera village, with funding allocated from the 2026/2027 financial year budget. Shangula made this announcement on Saturday, during the belated 34th…
Windhoek Faces Potential N$52 Million Loss if Industries Fully Tap Aquifers
By: Hertha Ekandjo The Windhoek municipality could face an annual loss of up to N$52 million if industries are permitted to exclusively use their private aquifers as a water source for production. To mitigate this risk, the City…