Category: Top Stories
Govt Plan to Switch N$2.3 Billion on Tuesday
By: Nghiinomenwa-vali Hangala The government, through the central bank, will attempt to persuade investors to switch their N$2.3 billion investment in the GC26 Bond to other long-term bonds to avoid repaying the borrowed money next year. The…
Unlisted Capital Commitments Can Fill Key Investment Gaps
By: Nghiinomenwa-vali Hangala Namibia’s triple challenges of housing, energy insecurity, and water can be addressed through unlisted investment in the private sector by leveraging local capital. This is according to Christoff Bauernschmitt, senior investment professional at Old…
Ohangwena Advised to Leverage Gateway to Angola
By: Loise Shiimi Ohangwena Region entrepreneurs have been advised to utilise the strategic advantages of the region as a potential gateway to Angola in terms of trade and other partnerships. Selma Ashipala-Musavyi, the Minister of International Relations…
CoW to Cover 50% of Sam Nujoma Stadium Upgrade
By: Nghiinomenwa-vali Hangala The City of Windhoek Council has approved a proposal by the Namibia Football Association (NFA) to upgrade the Sam Nujoma Stadium to meet international standards set by the Confederation of African Football (CAF) and FIFA. The City…
Special Economic Zones Uncertainty Looms Over Diamond Sector
By: Nghiinomenwa-vali Hangala Beyond the turbulent global diamond markets, the Namibian diamond cutting and polishing industry is facing policy uncertainty, particularly in relation to transitioning from the current Export Processing Zone (EPZ) regime to the Special Economic Zone…
Informal Economy Worth Around N$40 Billion
By: David Shoombe Despite challenges faced by street vendors, taxi drivers, salons, barber shops, domestic workers, and small online stores, the government and central bank consented that the Namibian economy cannot thrive without formalising the informal sector. Data…
Non-Compliant Telecommunications Devices Not Welcome – CRAN
By: Nghiinomenwa-vali Erastus Devices such as mobile phones, routers, and modems imported into Namibia must meet domestic technical, safety, and performance standards, says the Communications Regulatory Authority of Namibia (CRAN). “This process helps to protect consumers, maintain reliable communication networks,…
24,169 Enterprises Registered in the Past 2 Years
By: Nghiinomenwa-vali Hangala Namibians and foreigners have registered/added 24,169 enterprises in the past two financial years (2023/24 -2024/25), intending to operate (produce services and goods) in Namibia, including non-profit organisations. This is according to the Business and Intellectual Property Authority…
Call for Namibia to Shift from Non-Transformational Growth
By: Nghiinomenwa-vali Erastus The executive director of the Ministry of Finance has consented that Namibia needs to shift from economic growth for its own sake to growth that is linked to economic transformation, adding that the current government policies have…
Govt Financing Needs to Increase to N$33.6 billion
By: Nghiinomenwa-vali Erastus The gap (budget deficit) between the government’s planned expenditure and its expected revenue for the 2026 Financial Year is expected to widen from N$12.8 billion to N$15.8 billion. As a result, together with other financial…