Category: National
Next NAMITVEST Dividend Payout in Q1 of 2025
By: Kavee Vezemburuka NAMITVEST, which holds a 25% stake in the Namibia Mineworkers Investment Holdings Company (NAM-MIC), has announced that the next dividend payouts will occur in the first quarter of 2025. Eligible subscribers include those who have…
Construction Sector Shows Resilience Amid Fluctuations
By: Justicia Shipena The construction sector continues to demonstrate resilience, with steady growth in the value of building plans approved in November, reflecting increasing demand despite fluctuations. According to IJG Securities’ latest report, “Namibia’s building sector continues to…
Namibia Appeals to ICJ to Safeguard Human Rights Amid Climate Crisis
By: Dwight Links Namibia has appealed to the International Court of Justice (ICJ) in The Hague, emphasising the urgent need to address environmental degradation and its impact on human rights. The country’s oral statement was delivered by its…
Lack of Data Sharing Legislation Hindering Economic Growth
By: Dwight Links The absence of comprehensive legislation to facilitate data sharing between public and private stakeholders is posing significant economic challenges in Namibia and globally. This was highlighted by Hennock Immanuel from the Namibia Statistics Agency (NSA)…
Drought and Lower Diamond Output Weigh on Namibia’s Primary Industries
By: Justicia Shipena The ongoing drought and reduced diamond production have significantly impacted Namibia’s primary industries, leading to a 4.4% decline in real value added during the third quarter of 2024. This marks a stark contrast to the…
Healthcare Expenditures Well Below WHO Concern Threshold
By: Justicia Shipena Namibia’s ‘out-of-pocket’ healthcare expenditures remain remarkably low, at just 8%, as revealed by the Ministry of Health and Social Services during International Universal Health Coverage (UHC) Day on December 12. This figure is significantly below…
Mutorwa Calls for Collaboration in Building Climate Change Resilience
By: Dolly Menas Deputy Prime Minister John Mutorwa has called on stakeholders to join the government in building a climate-resilient Namibia. Speaking at the handover launch of the commodity voucher programme, which is being implemented by the United…
Kavango West Records 23 Road Fatalities and 52 Injuries in Two Years
By: Annakleta Haikera Kavango West has recorded 23 fatalities and 52 injuries from road accidents between 2023 and 2024. In 2023, the region saw 14 fatalities and 27 serious injuries, while in 2024, there were 9 fatalities and…
Oil and Gas Projects to Create over 12,000 Job Over 30 Years
By: Dolly Menas Namibia’s oil and gas industry is expected to significantly transform the country’s economy by creating over 12,000 jobs over the next 30 years. The lifecycle of oil and gas projects is projected to span more…
Second Lowest Pork Imports Recorded in October
By: Nghiinomenwa-vali Eratus Namibia recorded its second-lowest pork imports of the year in October 2024, with only 35,734 kilograms of pork products brought into the country. This significant reduction has been attributed to an increase in local pork…