Category: Top Stories
Namibia Mourns the Passing of Hage Geingob: Reflecting on a Legacy
By: Andrew Kathindi Hage Gotfried Geingob, the revered leader of the nation and commander-in-chief of the Namibia Defence Force (NDF), has died. As the nation collectively grieves, the profound question arises: what legacy does he leave behind? One…
Namibia’s President Hage Geingob Has Died at 82
BREAKING NEWS: Namibia’s third president, Hage Geingob, has died at the age of 82, in a local hospital in Windhoek at around 00h04 on Sunday.
Household Debt Surges by N$2.1 Billion in 2023
By: Hertha Ekandjo Household debt climbed to N$66.8 billion in December 2023, a notable increase from N$64.7 billion in December 2022, as revealed in Simonis Storm Securities’ (SSS) latest Private Sector Credit Extension report. Corporate debt also experienced…
Schlettwein Denounces LPM’s Land Grab Ultimatum as Illegal
By: Justicia Shipena Minister of Agriculture, Water and Land Reform Calle Schlettwein says advice by the Landless People’s Movement encouraging generational farm workers on the verge of eviction in Omaheke region to grab unoccupied farms is unlawful. Schlettwein…
Ministry Refutes TotalEnergies ‘Shareholder’s’ Corruption Claims
By: Justicia Shipena The Ministry of Mines and Energy has strongly refuted allegations of corruption and favouritism in the country’s energy sector related to the handling of oil and gas exploration licences. This follows a letter, purportedly from…
Extreme Heat Threatens Crops in Kavango East/West Region
By: Annakleta Haikera Subsistence farmers in the Kavango East/West region have expressed concerns that the week-long heatwave they have been grappling with could cause irreparable damage to their crops. Despite receiving good rainfall over the past few months,…
Mining Sector Not Dominated by Chinese Investors, says Alweendo
By: Justicia Shipena Mines and Energy Minister, Tom Alweendo, has refuted claims suggesting that the mining sector is predominantly controlled by Chinese investors. Addressing the issue in a recent interview with Eagle FM, Alweendo dismissed the perception of…
Over 150 000 Cattle Exported on the Hoof… northern abattoirs only slaughtered 4,005 cattle in 2023
By: Nghiinomenwa-vali Erastus In 2023, Namibia’s livestock sector marketed a total of 294,938 cattle across various channels. Out of this, 151,808 were exported live on hoof to neighbouring SADC member states, while 104,549 were slaughtered at local A-class…
Paladin Energy Gets N$2.8 Billion Loan to Restart Langer Heinrich Mine
By: Staff Writer Australian mining company Paladin Energy has secured a N$2.8 billion syndicated debt facility in preparation for the restart of the commercial production at its Langer Heinrich uranium mine in the Erongo region. The debt facility…
TransNamib Hunts for a Lender’s Technical Advisor
By: Hertha Ekandjo TransNamib is in the process of appointing a Lender’s Technical Advisor to facilitate the finalisation of the N$2.6 billion loan it secured from financial institutions two years ago. The state-owned rail operator secured nearly two…