Category: Top Stories
Namibia Introduces Visa on Arrival for 56 Countries
By: Justicia Shipena Namibia has taken a significant step in facilitating international travel by launching visas on arrival for nationals of 56 countries, including 27 from Africa and 29 from other parts of the world. The announcement was…
Hardap and //Kharas Underrepresented in Green Hydrogen Scholarship Programme
By: Hertha Ekandjo The chairperson of the Namibia Green Hydrogen Council Obeth Kandjoze has raised concerns over the inadequate representation of the //Kharas and Hardap regions in the green hydrogen scholarship programme. Speaking during the Green Hydrogen Symposium…
Letshego Turns to Local Borrowing to Reduce Dependency on Parent Funding
By: Nghiinomenwa-vali Erastus Letshego Holding Namibia has augmented its local borrowing to N$3.1 billion by the close of 2023, up from N$2.5 billion, aimed at fueling its expansion while decreasing reliance on parent funding. In its 2023 financial…
Inflation-Linked Bond Investors to Receive N$63,1 Million Coupon Next Month
By: Nghiinomenwa-vali Erastus Investors holding the government’s inflation-linked GI27 and GI33 bonds are set to receive their first coupon/interest payment for the year on April 15, 2024. The total interest payment amounts to N$63.1 million, which will be…
Namibia in Talks with Potential Buyers for Green Ammonia
By: Justicia Shipena Mines and Energy Minister, Tom Alweendo, has revealed ongoing talks with potential buyers for Namibia’s green hydrogen during the recently concluded 10th Berlin Energy Transition Dialogue (BETD) in Germany. Under the theme “Accelerating the Global…
Namibia Imports N$57 Million Worth of South African Insecticides Amid Ban
By: Hertha Ekandjo Amidst the ongoing ban on the importation of the Boam insecticide by the Ministry of Agriculture, Water and Land Reform, Namibia has imported retail insecticides worth approximately N$57 million since last year. Data provided by…
50% of Local Wheat Farmers Quit Production in 2023
By: Hertha Ekandjo The Namibia Agronomic Board (NAB) has revealed that approximately 50% of Namibian wheat-producing farmers have discontinued wheat production. Only 31 wheat farmers persisted with cultivation nationwide, a significant decline from the 61 farmers recorded in 2022….
Mbumba: Welwitschia Fund Money Reserved for Future Generations
By: Justicia Shipena President NangoloMbumba has emphasised that the funds injected into the Welwitschia Sovereign Wealth Fund are earmarked for future use, safeguarding wealth for generations to come. Mbumba said utilising the money now would jeopardise the future wealth…
Success of Local Content Policy Hinges on Namibian Entrepreneurs, Says Alweendo
By: Justicia Shipena Mines and Energy Minister Tom Alweendo stresses that Namibia’s oil and gas local content policies face a high chance of failure without locally minded, creative, and motivated entrepreneurs who are willing to invest in acquiring…
Namport Records N$1,5 Billion in Revenue for 2023
By: Justicia Shipena The Namibian Ports Authority (Namport) has recorded a 22% increase in revenue for the fiscal year 2023, soaring to N$1.503 billion compared to N$1.234 billion in 2022, surpassing its target of N$1.268 billion. The authority’s…