Category: World
Redeeming Eurobond Saves Govt N$12 bn in Debt Servicing
By: Nghiinomenwa-vali Hangala Bank of Namibia quarterly updates show that debt servicing for the central government increased by N$550 million year-on-year to N$5.0 billion during the first quarter of 2026. The increase was reflected in domestic debt service,…
249 New Climate Lawsuits Filed in 2025-2026 Period
By: Dwight Links The London School of Economics (LSE) Grantham Institute report on Global Trends in Climate Litigation 2026 states that in 2025, 249 new climate cases were filed. This brings the total of climate-related litigation since…
Namibia Turns to China to Drive Green Industrial Growth
By: Peneyambeko Jonas Namibia has intensified its drive to attract Chinese investment as it positions itself to become a regional centre for green industrialisation, using its renewable energy resources, critical minerals and strategic location. The country is seeking…
Namibia Secures 2028 Global Water Summit Hosting Right
By: Peneyambeko Jonas Namibia will host the 2028 International Network of Basin Organizations (INBO) World Basin Summit after delegates at the 2026 summit in Rio de Janeiro, Brazil, selected Windhoek as the next host city. The choice places the…
BRICS’ $1Bn Loan to SA Challenges Traditional Financial Institutions
By: David Shoombe South Africa has secured a $1 billion loan from BRICS’ New Development Bank (NDB) for infrastructure upgrades to projects such as energy, roads and ports. According to the bank, in the past 10…
G7 Summit Outcomes to Prove Critical for Africa
By: David Shoombe Amid global uncertainty and rising fuel and commodity prices, the Group of Seven (G7) Summit draws attention as a platform to address global security, economic imbalances, and competition. The summit is being held in Évian-les-Bains,…
International Court of Justice Confirms Workers Have a Right to Strike
The International Court of Justice (ICJ) stated that workers have a right to strike. The court was approached by the International Labour Organisation (ILO) in 2023 for an advisory opinion on the ILO Convention of 1948 and its…
China, USA, Global Powers, Smoothing Economic Interests
By: David Shoombe In the recent two-day US–China summit in Beijing, Chinese President Xi Jinping told the US delegation that “China and the USA should be partners, not rivals. Addressing the USA delegation at the State Banquet, Jinping…
The Answer is Not Aid, but Strategic Investment – EU
By: Dwight Links The European Union (EU) Delegation to Namibia outlined that the new Global Gateway program is a quest for improved partnerships based on strategic investment offers, not aid. The delegation revealed during the just-ended EU-Namibia Business…
Reserves Shield Economies from Shocks – IMF
By: Mathias Hangala The International Monetary Fund (IMF) says adequate foreign exchange reserves play a role in shielding economies from shocks and strengthening economic resilience. In a report released through its social media platforms last week, the…