Category: National
Banking Sector Liquidity Rises to N$6.7 Billion
By: Staff writer The overall liquidity level for the banking sector in Namibia grew by N$800 million in two months after averaging N$6.7 billion in October 2024 from the N$5.9 billion recorded in September 2024. The Bank of…
ECN Failed to Uphold Electoral Act – Observer Mission
By: Justicia Shipena Critical elements of the Constitution and the Electoral Act were not upheld by the Electoral Commission of Namibia (ECN) during the 2024 Presidential and National Assembly elections, according to the Southern Africa Human Rights Lawyers…
Observer Missions Recommends Improvements in Namibian Elections
By: Dwight Links Four African observer missions delivered their preliminary statements in Windhoek on 29 November regarding the Presidential and National Assembly elections that occurred across the country. While extended voting took place on Friday and Saturday, 29…
ECN Needs More Money for Extended Voting
By: Justicia Shipena The Electoral Commission of Namibia (ECN) may require financial assistance from the Ministry of Finance to fund the extension of voting across the country. This development follows Thursday’s announcement that the Commission has asked President…
ECN Defends Transparency Amid Criticism Over Election Mishaps …”We needed more facts to speak.”
By: Justicia Shipena The Electoral Commission of Namibia (ECN) has defended its handling of the ongoing electoral process, addressing accusations of poor communication and a lack of transparency. Pius Ikwambi, ECN commissioner stated, “It would have been irresponsible…
Cabinet Approves Local Content Policy for Petroleum Sector
By: Dolly Menas Cabinet has approved the National Upstream Petroleum Local Content Policy. The policy aims to promote economic sovereignty and reduce Namibia’s dependency on foreign expertise and build its local capacity. Cabinet has also mandated the Minister…
Is Russia Poisoning Namibia’s Water in its Hunt for Uranium?
By: Tom Brown and Justicia Shipena Windhoek and Leonardville, Namibia – Impo Gift Kapamba Musasa holds a hose pipe in one hand and gestures to a garden of cabbages, onions and turnips with the other. He is a teacher in…
946 GIPF Beneficiaries Owing NamRA Excluded from Refunds
By: Justicia Shipena The Government Institutions Pension Fund (GIPF) says approximately 946 beneficiaries with outstanding tax obligations to the Namibia Revenue Agency (NamRA) will not receive refunds unless the revenue agency provides updated tax directives. This follows an…
BoN Enhances Tools to Monitor Non-Performing Loans
By: Staff Writer The Bank of Namibia (BoN) has introduced advanced supervisory measures to strengthen the stability and resilience of the banking sector. Guided by the Basel Core Principles, the updated Early Warning System (EWS) and Prompt Corrective…
Namibians to Elect Fifth President and 8th National Assembly … as head of state calls for peaceful election
By: Justicia Shipena and Kavee Vezemburuka Today, Namibians are casting their votes in a pivotal election to choose the country’s fifth President and members of the eighth National Assembly. Over 1.4 million registered voters are expected to participate…