Category: National
Windhoek Needs N$7 Billion to Solve Housing Woes
By: Justicia Shipena The City of Windhoek’s (CoW) housing crisis has intensified, with the municipality estimating that at least N$7 billion is required to address the growing demand for affordable housing. The City’s Strategic Executive for Housing, Property Management,…
“Dealer’s Margin Increase Not a Subsidy” – Ithindi
By: Annakleta Haikera The Mines and Energy Ministry’s executive director, Penda Ithindi, says the N$0.30 per litre dealer margin increase for service station owners is not a subsidy, as some have interpreted it. The ministry recently increased the fuel…
More than 86% of Energy Costs Driven By Imported Electricity…as the country struggles to increase capacity
By: Nghiinomenwa-vali Erastus, David Shoombe, Justicia Shipena Electricity imports will cost Namibia N$8.8 billion between January 2024 to December 2025, highlighting the country’s energy dependence. This represents over 87% of Namibia’s annual electricity costs, while it will only cost…
Namdia Mum on Diamond Recovery Details
By: Justicia Shipena Namibia Desert Diamond (Namdia) says it cannot disclose where N$40.6 million worth of stolen diamonds were recovered as part of ongoing investigations. The SOE revealed on Thursday that it had recovered some of the N$314.9 million…
Markets Reduce Poverty – Uutoni
By: Annakleta Haikera Minister of Urban and Rural Development, Erasmus Uutoni has urged the Kavango West region to utilise its informal markets to create job opportunities and reduce poverty. The Nkurenkuru Open Market was inaugurated on Wednesday. Uutoni said the…
Namibia to Establish National Property Valuation Standards
By: Justicia Shipena Namibia is set to establish national property valuation standards that align with international benchmarks. Unregulated valuation services had previously led to issues with inflated land and housing prices. The newly inaugurated Namibian Council for Property Valuers Profession…
N$62 Million Spent on Maerua Mall Expansion Project
By: Uaueza Kanguatjivi Oryx Properties has spent N$62.3 million on its Maerua Mall development project thus far, following N$38 million capital expenditure on the project during the six months between 1 July and 31 December 2024. The property firm has…
A Second Chance at Life, Inspired by FNB Namibia
By: Staff writer Not too long ago, Mario Diergaardt found himself at rock bottom. He had lost all his belongings and was living on the streets of Windhoek. Due to a crippling alcohol addiction, Diergaardt would sleep on cardboard…
Fuel Hikes To Heighten Inflationary Pressure
By: Annakleta Haikera At midnight 5 March 2025, fuel prices are set to rise for a consecutive month. The Mines and Energy Ministry attributed the domestic need behind the hike to two factors. One was the annual N$0.50 per litre…
Ohangwena School Generates Profits, Feeds Nearly 1,000 Learners From Gardening Project
By: Loise Shiimi In 2014, Mandume Ndemufayo Primary School’s agriculture teacher, Moses Theofelus established a garden to supplement the school’s feeding program and to introduce learners to agriculture. With an initial investment of N$20,000, the garden soon blossomed that year,…