Category: National
Demand for Otjomuise Plots Surges … but outlook for construction sector remains gloomy
By: Staff Writter Otjomuise has emerged as a hotspot for construction activity, recording the highest value of approved house plans by the City of Windhoek for January 2024, totaling N$18.2 million. Financial analysts at Simonis Storm Securities attribute…
Geingos Urges Namibians to Arrange Wills
By: Justicia Shipena Former First Lady Monica Geingos has urged Namibians to be proactive and organise their wills as death can come unexpectedly. She was speaking during the national memorial service of her late husband President Hage Geingob. She emphasised…
Kavango Regions Report Highest Pangolin Poaching Cases
Annakleta Haikera The two Kavango regions in Namibia recorded the highest number of pangolin poaching cases last year, underscoring the persistent threat facing these endangered creatures. In 2023, Kavango West recorded six cases of pangolin poaching, while Kavango…
EIF and NASRIA Forge Collaboration on Climate-Related Insurance Products
Justicia Shipena The Environmental Investment Fund of Namibia (EIF) and Namibia Special Risks Insurance Association Limited (NASRIA) formalised their partnership through a Memorandum of Cooperation (MOC). This collaborative effort is poised to drive the development and accessibility of insurance…
Keetmanshoop, MTC Ink Smart Partnership
Staff writer The Municipality of Keetmanshoop and the Mobile Telecommunication Company (MTC) on Friday signed a Memorandum of Understanding (MOU) which will see the two parties provide digital service solutions to the town’s populace. The agreement was prompted by the…
Namcor Opens Police Case into Alleged Fuel Theft
By: Justicia Shipena Namibia’s National Petroleum Corporation (Namcor) has opened a theft case regarding the alleged theft of fuel estimated at a value of N$1 million. Namcor revealed this in a media statement issued on Wednesday, in which…
Teachers Employment Conundrum: Delays Despite High Unemployment Rates
By: Justicia Shipena Despite the high number of unemployed teachers in the country, the National Council Committee on Education, Science, ICT, and Youth Development has uncovered a prolonged delay in filling teacher vacancies. This revelation emerged during the…
More than Half of Namibia’s Public Enterprises Report Losses, IPPR Finds
By: Justicia Shipena Over 50% of commercial public enterprises in Namibia suffered financial losses in the last fiscal year. This was revealed in a recent report published by the Institute for Public Policy Research (IPPR). The Quarterly Economic…
Ride-Hailing Giant Bolt to Onboard 200 Drivers in Namibia
Staff Writer Estonian ride-hailing behemoth, Bolt, has launched a pilot project service in Namibia, with plans to onboard over 200 drivers. The company has declared a commission-free period for the initial six months. This expansion is a strategic…
Unam-owned Company Secures N$65 Million Loan for Solar Project
Staff Writer Inceptus Holding, the business arm of the University of Namibia has successfully secured financing from the Development Bank of Namibia (DBN) and Old Mutual Namibia for its N$65 million solar project at UNAM. Unam is partnering…