Category: National
Namibia’s Place on FATF’s Global Grey List
Mathias Hangala The Financial Action Task Force (FATF) maintains a “grey list” of countries with deficiencies in their anti-money laundering and counter-terrorist financing (AML/CFT) frameworks. While the United Arab Emirates was removed from the list in February 2024, followed by…
Capital Projects Moved to SOEs
Nghiinomenwa-vali Hangala The country’s treasury has announced that it will move some of the implementation of capital projects to various State-Owned Enterprises (SOEs) to avoid a reduction in its allocation operation expenditures. This was announced by the state’s treasurer, Ericah…
Okongo Farmer Harvests 30,000 Mielies
Loise Shiimi Shivute Leader Shikonda, a farmer and manager of the Okongo Horticulture Association in Ohangwena Region, provided The Villager with an update regarding this year’s harvest, stating that he has harvested about 30,000 mielies (maize) so far. “Maize is…
N$150.9 billion of Private Capital Invested in Govt Debts
Nghiinomenwa Hangala According to the Bank of Namibia’s domestic debt security updates, domestic lenders have invested N$150.9 billion of their savings into the government to date, via bonds (fixed income and inflation-linked) and treasury bills, which are short term assets,…
N$19 billion to be Borrowed from Private Market to Fund Budget
By: Nghiinomenwa-vali Hangala The tabled 2026/27 committed expenditure by the government for the next 12 months will require the government to go to the private sector to borrow N$19 billion. This is because the budget deficit is expected to widen…
US$16.61 Million Commitment to Boost African Food Security
By: David Shoombe The African Development Bank Group (AfDB), in partnership with the International Institute of Tropical Agriculture (ITTA), signed a US$16.61 million deal to promote climate resilience and food security in Africa. Through the agreement, the…
Diversification is a Key Aspect for Namibia’s Development
By: Dwight Links A recent report on Namibia’s realistic approaches to economic transformation states that dependence on a single sector may be detrimental. Providing a clear picture of how this transformation could be achieved, Clovis Freire, Chief of…
Spain Dominate Nam’s Pork Supply
Pork imports in 2025 amounted to 6.86 million kg, broadly in line with the 6.99 million kg imported in 2024, indicating a 2.0% CONTRACTION. SPAIN dominated at 3.43 million kg (49.9%), followed by South Africa with 1.44 million kg (21.0%),…
IAEA to deliver report on Omaheke In-Situ Leach
Timoteus Mufeti, the Environmental Commissioner in the Ministry of Environment, Forestry and Tourism (MEFT) stated that the International Atomic Energy Agency (IAEA) technical team that held public engagements in the Omaheke region, will only be able to provide a detailed…
Ground Broken for N$10 Million Eheke and Onamutai Sports Facilities
By: Loise Shiimi Roads Contractor Company (RCC) interim chief executive officer, Dasius Nelumbu, announced that the construction of basic sports facilities in the Eheke settlement and Onamutai Constituency will require an investment of N$10 million, with each facility…