Category: Top Stories
Türkiye Offers Namibia Energy Independence
By: Hertha Ekandjo Karpowership, a company from Türkiye, has extended an offer to Namibia, presenting an opportunity for the country to become a net energy producer without relying on energy imports from neighbouring countries. This unique proposition aims…
NBL Faces Water Shortage Due to Namwater and Windhoek Usage Policies
By: Hertha Ekandjo Namibia Breweries Limited (NBL) has revealed that, despite efforts to conserve water, they are only permitted to utilise 20% of it from their private aquifers due to restrictions imposed by the City of Windhoek…
Lüderitz Presents Opportunities for Economic Diversification
By: Nghiinomenwa-vali Erastus Various industries such as oil and gas, as well as green hydrogen, planned for the //Karas Region, with many centred around the Lüderitz local authority, are poised to elevate Namibia’s diversification efforts. During his visit…
Loan Repayments Strain Individuals as Economy Faces Challenges
By: Nghiinomenwa-vali Erastus The Bank of Namibia’s recent annual report paints a troubling picture of the country’s economic landscape, with non-performing loans (NPLs) reaching N$6.5 billion by the end of 2023. Of these loans, 51% are attributed to…
Digital Currency Introduction Requires Thorough Justification – Bank of Namibia
By: Justicia Shipena Digital currency will only be introduced in the country when the central bank is fully convinced that such a move will not jeopardise the security and stability of the Namibian economy. The Central Bank’s Governor…
Windhoek to Exchange Land for Government’s N$700 Million Debts
By: Nghiinomenwa-vali Erastus The Windhoek City Council has decided to offer 358 hectares of land valued at N$358 million as settlement for a historical loan of N$357.7 million owed to the central government. Additionally, the accrued interest on…
Paladin Achieves Commercial Production at Langer Heinrich After Six Years
By: Staff Writer Uranium producer Paladin Energy has announced the successful commencement of uranium concentrate production and drumming at the Langer Heinrich Mine (LHM). Earlier in January, The Villager reported that the company secured a N$2.8 billion loan…
Khomas Governor Calls for Adequate Affordable Housing
By: Juliana Ikela and Nghiinomenwa-vali Erastus Khomas Regional Governor Laura Mcleod-Katjirua has emphasised the critical need for ensuring adequate housing for all residents within the region, highlighting its pivotal role in fostering social equity and stability. Speaking at…
Hambukushu Calls on Mbumba to Intervene in Khwe Chief Recognition Issue
By: Annakleta Haikera The Hambukushu Traditional Authority has urged President Nangolo Mbumba to intervene in a dispute concerning the recognition of the Khwe Traditional Authority and the appointment of its leader within the Bwabwata National Park. Reports indicate…
Water Scarcity in Windhoek Reaches Critical Levels
By: Staff Writer The Windhoek Municipality faces an imminent threat of escalating water scarcity, with consumption rates soaring by 10%, rather than achieving the targeted 10% reduction. This worrying trend could prompt the declaration of a more severe…