Category: Top Stories
Mbumba Urges Farmers to Work Harder on Food Production
By: Annakleta Haikera President Nangolo Mbumba has urged farmers to increase crop production to help the country achieve food self-sufficiency amid ongoing drought challenges. Mbumba, currently on a three-day visit to the Kavango regions, emphasised the importance of…
Paladin Energy Lowers Uranium Production Targets at Namibian Mine
By: Justicia Shipena, David Shoombe Paladin Energy Ltd. has revised its 2025 production outlook for the Langer Heinrich Mine (LHM) in Namibia, lowering its target from the previously expected 4.0–4.5 million pounds (Mlb) of uranium oxide (U3O8) to…
Over 69,000 More Women Than Men Living With HIV
By: Annakleta Haikera The number of women living with HIV in Namibia is disproportionately higher compared to their male counterparts. According to the latest Namibia 2024 HIV Spectrum estimates, the prevalence rate is significantly higher in women, at…
DBN’s Balance Sheet Affected by Oil Storage Loan
By: Nghiinomenwa-Vali Erastus The Development Bank of Namibia (DBN) has reported a decline in its balance sheet, primarily attributed to the accelerated runoff from the National Energy Fund (NEF) oil storage loan exposure. The bank’s total balance sheet…
ECB Criticised for Inaction on Power Disconnections Amid Court Case
By: Justicia Shipena The Katutura Residents Committee has criticised the Electricity Control Board (ECB) for allegedly failing to uphold its regulatory mandate in a dispute with the City of Windhoek over power disconnections. The committee argues that the…
Uaandja urges Namibians to Take Initiative in FDI-Linked Opportunities
By: Justicia Shipena The Namibia Investment Promotion and Development Board (NIPDB) is urging Namibians to actively pursue foreign direct investment (FDI) opportunities, rather than passively waiting for assistance. In a recent interview with Eagle FM, NIPDB CEO Nangula…
NWR to Repurpose Hardap Dam Resort due to Declining Occupancy
By: Hertha Ekandjo Namibia Wildlife Resorts (NWR) is set to transform its Hardap Dam Resort into a Conference Lodge after experiencing a dramatic drop in occupancy this year, marking one of the lowest levels in recent years. This…
Govt to Borrow N$4.6 Billion by March 2025 … budget shortfall rises to N$15.1 billion
By: Nghiinomenwa-vali Erastus The government plans to borrow N$4.6 billion between November 2024 and March 2025 to cover its budget commitments for the 2024/25 financial year. This will help address the revised budget deficit, with total government spending…
US 2024 Elections: What’s At Stake for Namibia? AGOA’s future hangs in balance US energy investments and green hydrogen
By: Justicia Shipena Namibia’s trade relations with the United States, primarily governed by the African Growth and Opportunity Act (AGOA), face an uncertain future, with AGOA set to expire in 2025. Namibia is one of 35 sub-Saharan African…
Govt Slow at Implementing Capital Projects
By: Nghiinomenwa-vali Erastus As of September 30, 2024, only 37% of Namibia’s development budget (N$12.8 billion) has been spent, including expenditure commitments, according to the latest update from Finance Minister Iipumbu Shiimi. This sluggish pace in executing capital…