Category: National
Trade Minister Calls on Private Sector to Address SME Funding Challenges
By: Dolly Menas Minister of Industrialisation and Trade Lucia Iipumbu has urged the private sector to develop funding mechanisms, especially tailored for Small and Medium Enterprises (SMEs), addressing the challenges they face in accessing finance. Responding to parliamentarian…
Only About 10% of Exploration’s N$33 Billion Spent on Locals … local content policy still not finalised
By: Nghiinomenwa-vali Erastus Namibia’s burgeoning oil and gas exploration sector, which has attracted investments valued at over N$33 billion between 2021 and 2023, has raised concerns due to its limited contribution to local firms. Merely 10% of exploration…
Trade Official Calls for Expansion of Namibian Export Base to China
By: Justicia Shipena A government official in the Ministry of Industrialisation and Trade have called for the expansion of Namibia’s trade relations with China by diversifying a range of local products for the Chinese market. Namibia enjoys a…
China Denies Importing Raw Minerals from Namibia
By: Hertha Ekandjo China’s Industrial and Commercial Bank to Africa has denied claims that the Asian powerhouse has been importing raw minerals from Namibia, leaving the country with little to no tangible benefits for its people. The bank’s…
Rising TB Cases in Namibia a Concerns Shangula
By: Annakleta Haikera Namibia has seen a gradual uptick in tuberculosis (TB) cases over the past two years, elevating its position to the 11th highest TB incidence rate globally. In 2023, the country reported 9,200 TB patients, marking…
Brazilian Ambassador Sees Potential Namibia-Brazil Collaboration in Green Hydrogen Sector
By: Justicia Shipena Vivian Sanmartin, the Brazilian ambassador to Namibia, expressed optimism about potential collaboration between Namibia and Brazil in the green hydrogen sector. This aligns with Namibia’s ongoing development of a green hydrogen project within the Tsau/Khaeb…
Severe Water Scarcity Expected in Windhoek Soon
By: Nghiinomenwa-vali Erastus The City of Windhoek has issued a warning, indicating that due to water supply challenges in the central region, it will soon be compelled to declare a state of severe water scarcity, categorised as Category…
Sochi – Russia’s Black Sea Riviera
By: Dwight Links On the eve of the Atom Expo 2024 which took place in Sochi on March 25th to 26th, African journalists were invited to provide coverage of the event from the Black Sea marble and tourist…
Finance Ministry to Regulate Banking Fees … commercial banks rake in N$4.5 Billion in non-interest income including fees and charges
By: Nghiinomenwa-vali Erastus The newly enacted Banking Act empowers the Minister of Finance and Public Enterprises to regulate fees and charges imposed by banking institutions on their customers. This was revealed in the 2023 annual report of the…
Türkiye Offers Namibia Energy Independence
By: Hertha Ekandjo Karpowership, a company from Türkiye, has extended an offer to Namibia, presenting an opportunity for the country to become a net energy producer without relying on energy imports from neighbouring countries. This unique proposition aims…