Category: National
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…
Bycatch Threatens Pilchard Recovery
By: Nghiinomenwa-vali Erastus Regulators in the fishing industry have observed intentional pilchard bycatch affecting the recovery of the stock species. This was revealed in Parliament by the Minister of Agriculture, Land Reforms and Fisheries, Inge Zaamwani, on…
Rice Cultivation Can Reduce 28,317 Tons of Rice Imports
By: Nghiinomenwa-vali Erastus A market intelligence report by the Namibia Agronomic Board has revealed that the country’s growing importation of rice to meet local demand offers a significant opportunity for local producers and traders to supply the domestic market….
Construction of the N$1.6 billion Solar Power Station Begins
By: Nghiinomenwa-vali Erastus NamPower officially initiated the construction of its largest Solar PV Power Station to date yesterday, the100 MW Sores |Gaib Power Station – situated 33 km northwest of Rosh Pinah. The power utility revealed in…
Zimbabwe to Ban Lithium Exports Starting 2027
By: Joseph Jeremia Zimbabwe is Africa’s top lithium producer, with 2.4 million tons of concentrate in 2024. The SADC nation plans to stop exporting lithium concentrate from January 2027. The goal of this move is to develop…
NAB Encourage Focus on Winter Vegetables
By: Loise Shiimi Certain regions of Namibia experience extremely low temperatures during winter, which can devastate many plants and vegetable crops, ultimately leading to poor harvests. Frost typically occurs at temperatures between zero and two degrees Celsius….
Nedbank Gives Back Through Sport
By: Staff Writer Over the weekend, Nedbank Namibia handed over 40 bicycles to Beautiful Kidz, a Namibian non-profit organisation dedicated to uplifting vulnerable children and families. The bicycles were purchased with funds that were raised during the…
N$135 million in Electrification Subsidies for Distributors
By: Nghiinomenwa-vali Erastus In an effort to increase access to electricity nationally from 59% to 70% by 2030, the government will allocate N$135 million and more in subsidies to electricity distributors. This includes N$8 million in subsidy for…
Namibia’s Financial Reform Efforts Overlooked as EU Maintains High-Risk Status
By: David Shoombe The EU’s decision to place Namibia among the high-risk jurisdictions, despite its efforts to address various regulatory weaknesses, has been frowned upon locally. The country’s financial system watchdog, the Financial Intelligence Centre (FIC) responded…
eSIM to Replace Physically SIM Cards
By: Nghiinomenwa-vali Erastus In the wake of the eSIM (embedded SIM) replacing traditional physical SIM cards globally, one of the local telecommunications facilitators has indicated that eSIM will be adopted gradually. Mobile Telecommunication (MTC), Senior Data Executive,…