Category: News
Namibian Construction Pipeline Decreases
By: Laban Rasalus Namibia’s construction industry has been looking bleak as it decreased in recent months. Despite the building plan data from both Windhoek and Swakopmund showing a slight growth on monthly basis in those plans that were approved during…
To What Extent Should We Allow Mining To Touch Other Sectors?
By:Nghiinomenwa-vali Erastus Various communities in Erongo and Kavango regions have questioned the mining activities in their areas and its impact on their future livelihoods. The latest is the Daures community in the Erongo region that petitioned the Ministry of Mines…
Occupancy Arrivals On A Monthly Downward Trajectory
By:Staff writer While 2023 has been fairly kinder to the tourism sector than both 2021 and 2022, occupancy rates at nationwide hospitality establishments continue on a downward trend. After reaching a high of 61.3% in August 2022, occupancy rates averaged…
New NWR Board Appointed
By;Staff writer Former diplomat and adviser to the president of the UN General Assembly, Haroldt /Urib has been appointed Board Chairperson of the Namibia Wildlife Resort (NWR). The parastatal announced the appointment by Minister of Finance and Public Enterprises Ipumbu…
Telecom Namibia ReadiesTo Deploy 5G Services Using Its Fibre Network
By:Staff writer Telecom Namibia, which recently celebrated its milestone 30th anniversary says it is committed to deploy a fifth generation (5G) network in the country. The company aims to spearhead a digital transformation journey to support the country’s Vision 2030,…
Budget Timeline Affects Country’s Transparency Ratings – IPPR
By:Staff writer Institute for Public Policy Research’s (IPPR) Executive Director Graham Hopwood has raised concerns over the national budget timetable for Namibia. According to Hopwood, this year’s National Budget Speech, Estimates of Revenue and Expenditure, the Fiscal Strategy, and the…
About N$3 Million Worth Of Confiscated Items In The Hands Of NamRA
By:Hertha Ekandjo The Namibia Revenue Agency (NamRA) is currently in possession of approximately N$3 million worth of confiscated goods that are being kept at a warehouse in Windhoek. The goods have been confiscated through different entry points by customs. The…
Electric Power Generation And Distribution Inflation Spikes
By:Justicia Shipena The annual inflation for Namibia’s electric power generation, transmission and distribution declined in the fourth quarter of 2022. This is according to the Namibia Statistics Agency (NSA) in its recently released Namibia Producer Price Index bulletin. The bulletin…
Repo Rate Hikes Help Bank To Massive Profits
By:Justicia Shipena The constant increases of the repo rate during 2022 drove Standard Bank Namibia to record a massive increase in its profit. The bank’s profit for 2022 increased by 70.5%, according to the bank’s annual report for 2022 released…
Church Donates Fencing Material to Opuwo Farmers
By:Uakutura Kambaekua Farmers at Okovingava village in the Opuwo Urban constituency this week received gardening fencing material worth more than N$10 000 from the Protestant Unity Church, also known as theOruuano church. According to Bishop Wylie Vekarapo Upi, his church…