Category: National
Govt to Borrow N$15.3 Billion This Year
By: Nghiinomenwa-vali Erastus The government wants to borrow up to N$15.3 billion from various financiers, including individuals, institutions, and others, to meet its budgetary commitments and repay maturing debts during the current financial year. This 2024/25 financing need represents…
Namibia’s First Africa Hospitality Investment Forum Secures N$500,000 Sponsorship
By: Staff Writer The Africa Hospitality Investment Forum (AHIF) 2024 has secured a N$500,000 sponsorship from O&L Leisure. The event is expected to bring over 300 hospitality industry investors, business leaders, government officials, and expert advisors from across the…
Madison Metals Starts Maiden Drill At Uranium Project
By: Staff writer Uranium exploration company Madison Metals has commenced with its maiden 2024 drill program at the Khan Project at Madison West, located in the highly prospective Erongo uranium province. The drill falls in line with its earlier announcement,…
Bank Windhoek Honors Automotive Industry Achievements in Northern Namibia
By: Dolly Menas Several northern automotive industry sales representatives received top honours at Bank Windhoek’s fourth Annual Northern Selekt Sales Awards hosted in Oshakati. Petrus Enkali of Pupkewitz Toyota Oshakati, Augustus Joseph of Pupkewitz Nissan Oshakati, and Hendrik Johannes…
Job Market is Restricted for Graduates, Labour Analyst Says
By: Fransina Nghidengwa Labour analyst Herbert Jauch says Namibia’s economy is failing to create enough jobs to match the increasing number of graduates despite the education sector’s recorded expansion. This mismatch has resulted in a significant gap, with more…
Trade Volumes Between Namibia and Indonesia Increase by 26.19% in 2023
By: Hertha Ekandjo Trade between Namibia and Indonesia has been steadily rising since 2019. Notably, the total trade volume between the two countries reached N$192.7 million (USD 10.6 million) in 2023, marking a significant 26.19% increase from the previous…
10,273 Job Seekers Placed Out of 200,000 Hopefuls
By: Staff Writer Out of the 200,000 job seekers registered on the Namibia Integrated Employment Information System (NIEIS) since its inception in 2011, only 10,273 have been placed in jobs nationwide. This information was revealed by the Ministry of…
Relocations from Peter Nanyemba Road Irks Small Businesses
By: Loise Shiimi The construction of Eneas Peter Nanyemba Road, previously known as Monte Christo Road in Windhoek, has disrupted the operations of small businesses at Havana 3 Way and 4 Way. The ongoing relocation plan is also expected…
More Constituencies Proposed for Kavango West to Boost Development
By: Annakleta Haikera Officials from the Kavango West region have proposed that the region should be carved up into 12 constituencies citing the overpopulation of some areas as one of the factors hindering development. At a meeting held…
April Sees Highest Occupancy Rates for 2024
By: Staff writer All regions in Namibia experienced an increase in occupancy rates in April 2024 compared to both the previous month and the same period last year. Occupancy rates stood at 58.1% nationwide in April, up from…