Category: Top Stories
Positive Final Investment Decision Expected on Etango Uranium
By: Nghiinomenwa-vali Erastus The development of another advanced uranium mine, Etango, is expected to receive a positive Final Investment Decision this year from the investor. The 8 Mtpa Etango uranium is being developed by Bannerman Mining Resources Namibia. The…
Entrepreneurship Appetite Growing in Nam
By: Nghiinomenwa-vali Erastus Basecamp Namibia has received more applications (68%) in 2024 from various Namibians through various entrepreneurial training or mentorship compared to 2023. The Basecamp 2024 Impact report has shown that in 2024 the Camp had 1 220 applications…
N$37 Billion Smart Rail Project Planned for Northern Namibia
By: Justicia Shipena Afrail Inc., a subsidiary of New York-headquartered Abba Platforms Inc., secures approval from the Namibia Investment Promotion and Development Board to develop an urban rail transit system in Northern Namibia. The ambitious project aims to enhance connectivity…
8 Years Later and No Final Product on Ongwediva Meat Processing Plant
By: Uaueza Kanguatjivi The Parliamentary Standing Committee on Economics and Public Administration has called for the expedited construction of the Ongwediva Meat Processing Plant. The committee cited the critical role of the processing plant in addressing challenges faced by the…
Govt Races Against Time to Secure N$3bn for Eurobond Redemption
By: Justicia Shipena The Namibian government still needs to secure approximately N$3 billion (US$162 million) in six months to meet its redemption obligations for the Eurobond. The US$750 (approximately N$14.3 billion) million Eurobond, is due for…
President Moves to Amend Laws Blocking Ministers’ Ability to Aid Officials
By: Justicia Shipena President Netumbo Nandi-Ndaitwah has directed the amendment of laws and instruments that hinder ministers from effectively assisting officials in executing their duties. She made the announcement on Tuesday during the opening of the first cabinet meeting of…
Producers Cannot Match Demand for Onions and Potatoes for April
By: Nghiinomenwa-vali Erastus and Loise Shiimi Since January 2025 local producers have not been able to produce sufficient in terms of potatoes to fill local demand, thus the border has been open for importation. The situation is expected to continue…
This is a Women’s World: Women Take the Lead in Nam’s New Cabinet
By: Justicia Shipena Of the 14 Ministers appointed for the 5 years by President Netumbo Nandi-Ndaitwah, more than 60% are women. Women now hold the majority of positions in Namibia’s cabinet marking a historic shift in the country’s leadership. On…
Shafudah’s Daunting Finance Task, As the Country Treasurer
By: Nghiinomenwa-vali Erastus Sunday, 24 March 2025, Erica Shafudah was called to the altar at St Michael Church in Shandumbala to be prayed for by the pastor and the congregation on her new appointment Ministry of Finance and…
D-Day for Multinationals and Taxpayers Engaging in Transfer Pricing
By: David Shoombe The Namibia Revenue Agency (NamRA) has given taxpayers and multinational corporations involved in transfer pricing a three-month deadline to comply with tax regulations. This follows the launch of the Tax Inspectors Without Borders initiative, a collaboration…