Category: National
Sluggish Growth and Divergent Monetary Policies Shape Market Trends
By: Shawn Uiseb The global economic outlook for 2025 reflects a more subdued recovery, weighed down by persistent policy uncertainties and escalating trade tensions. According to the World Bank’s June update, global growth is expected to decelerate to…
Councilor Calls on Corporates to Uplift Local Communities
By: Annakleta Haikera Rundu Urban Constituency Councilor Vicky Kauma has called on corporate companies to support vulnerable communities, especially those affected by disasters, such as fire outbreaks that have become increasingly common in informal settlements. Kauma made…
EU Hands Over Livestock Trucks to Boost Market Access in Namibia’s Communal Areas
By: Patemoshela Lukolo In a step toward strengthening rural livelihoods and agricultural value chains in Namibia, the European Union (EU) Delegation to Namibia and the National Planning Commission (NPC) officially hosted the handover ceremony of five 30-ton…
Paratus Powers Remote Schools
By: Hee-Dee Walenga Paratus announced the launch of Paratus EduLINK: a transformative connectivity solution designed to empower schools in underserved and remote regions with fast, reliable internet. With the campaign message, “Empowering Education, Anywhere,” Paratus EduLINK leverages Starlink’s Low…
Namdia Pushes for Larger Share of Rough Diamonds
By: Nghiinomenwa-vali Erastus The Namibia Desert Diamonds (Namdia) believes the country can earn significantly more from its diamond resources if the company is granted access to a larger share of rough diamonds. In its latest quarterly report, released…
Frost Hampers Horticulture Harvest
By: Loise Shiimi Namibia’s horticulture harvest for July 2025 has been affected by frost, leaving many farmers unable to meet local demand for fresh produce. This impact is reflected in the Namibia Agronomic Board’s (NAB) latest Open and Closed…
48 Countries Submit AfCFTA Tariff Concessions
By: Nghiinomenwa-vali Erastus Forty-eight out of the 54 African Union member states have submitted their tariff concession offers under the African Continental Free Trade Area (AfCFTA), according to updates verified by the AfCFTA Secretariat as of May 2025. …
Rising Debt Increases Fiscal Risk for Low-Income Nations
By: Nghilunanye Petrus The World Bank has warned that developing countries — including Namibia — face growing fiscal threats as government borrowing surges and international aid declines. In its latest report, Fiscal Vulnerabilities in Low-Income Countries, the…
Parliament Demands Banks’ Charges Impact Report
By: Nghiinomenwa-vali Erastus The Parliamentary Committee on Economy, Industry, and Public Administration, has asked the Central Bank to conclude the impact assessment of commercial banks fees and charges and share it with the Ministry of Finance. The governor…
Economy Grows by N$4 billion in 1st Quarter
By: Shawn Uiseb and Nghiinomenwa-vali Erastus In the first quarter of 2025, the size of the Namibian economy was estimated at N$62.4 billion in nominal terms, an expansion of N$4.0 billion compared to the N$58.5 billion recorded in…