Category: National
Only N$165.1 Million Switched from GC24’s N$2.3 Billion
By: Nghiinomenwa-vali Erastus In its fifth attempt to persuade investors holding GC24 bonds to switch to other long-term bonds, the Bank of Namibia only managed to move about N$165 million of the total bond value. The Bank of…
Govt Allocates N$825 Million Towards Drought Relief Efforts
By: Annakleta Haikera The Office of the Prime Minister (OPM) has allocated N$825 million for the drought relief program during the current 2024/2025 financial year. This allocation, as stated by Cabinet, aims to safeguard and alleviate the impact…
More Than 21,000 Tons of Uranium Oxide Exported Since 2021
By: Nghiinomenwa-vali Erastus Namibia has exported a total of 21,639 tons of uranium oxide produced between 2021 and 2023 to various global markets. This output stems from just two mines, Swakop Uranium and Rossing Uranium, with 2023 marking…
Namibia Aims to Enhance Healthcare Access – Shangula
By: Uakutura Kambaekua Health Minister Kalumbi Shangula says the government has made significant strides in addressing healthcare delivery disparities through targeted initiatives. This includes the ongoing expansion of beneficial socioeconomic impacts in various regions across the country, according…
African Countries Express Interest in Namibian Beef
By: Nghiinonmenwa-vali Erastus Ghana, among the African nations importing beef from Namibia’s Northern Communal Areas (NCA), has expressed its desire to increase the volumes it imports. This was confirmed by Kingsley Kwenani, manager of the Rundu Abattoir in…
Ruacana Hydro Power Plant a Key Source in Local Power Generation …As Electricity Tariffs Rise by 8%
By: Justicia Shipena Despite subdued rainfall, the Ruacana Hydro Power Plant has emerged as the cornerstone of local power generation for the current year, as reported by the Electricity Control Board (ECB). This assertion aligns with projections indicating…
35 District Hospitals to Get ICUs
By: Loise Shiimi The Ministry of Health and Social Services has announced plans to establish Intensive Care Units (ICUs) at all 35 District Hospitals nationwide. Executive director Ben Nangombe disclosed this information during the groundbreaking ceremony for the…
Mining Sector Yields N$2.7 Billion in Profits
By: Justicia Shipena Namibia’s mining sector, in 2023, amassed a collective profit of N$2.731 billion. This marks a significant turnaround from the N$391 million loss reported in 2022. This was revealed by the Chamber of Mines of Namibia…
OPEC Ready to Support Namibia’s Oil Production Endeavours
By: Hertha Ekandjo The Organisation of the Petroleum Exporting Countries (OPEC) has expressed its readiness to support Namibia as it ventures into oil production. During the 6th Namibia International Energy Conference, OPEC Secretary General Haitham Al Ghais conveyed…
Poor Marketing Hampers Northern Tourism Industr
By: Loise Shiimi Despite the northern region boasting several accommodation spots for both international and domestic visitors, hospitality statistics reveal low occupancy rates. Throughout February 2024, a total of 48,445 rooms were available for visitors, with the majority…