Blog Page
Khomas Residents Top the List of Loan Defaulters
By: Nghiinomenwa-vali Erastus As of September 2024, 42.9% of non-performing loans (loans unpaid for over three months) in Namibia were held by individuals, according to data from the Bank of Namibia. Non-performing loans (NPLs) currently stand at 5.9%,…
Kunene Gets 66th 4G Broadband Tower
By: Nghiinomenwa-vali Erastus One of Namibia’s least connected regions, the Kunene, has received its 66th network tower, equipped with 2G/GSM for voice and 4G/LTE for mobile broadband services. Mobile Telecommunications Limited (MTC) commissioned the new broadband tower in…
EU Becomes Namibia’s Top Export Market Over Three Years
By: Justicia Shipena The European Union (EU) has emerged as Namibia’s largest export market over the past three years, according to a recent study. This coincides with a stakeholder workshop hosted by the EU Delegation to Namibia in…
IPC to Challenge Final Election Results in Court
By: Dolly Menas The Independent Patriots for Change (IPC) has confirmed its decision to contest the recently announced final election results in court. This follows the party’s earlier statement that it would wait for the final results before…
Welwitchia University Strengthens Regional Collaboration Through MoA
By: Kavee Vezemburuka Welwitchia University has formalised a partnership with Mutare Polytechnic in Zimbabwe meant to internationalise skills training and foster innovation in higher education. The signing ceremony of the Memorandum of Agreement (MoA) was held last month…
N$37.2 Million Spent on Live Chick Imports to Date…a market for a commercial hatchery exists
By: Nghiinomenwa-Vali Erastus Namibia spent N$37.2 million importing live chicks over the 12 months ending October 2024, according to the Namibia Statistics Agency’s (NSA) monthly trade statistics. On average, the country has spent N$2.9 million per month on…
Repo Rate Cut to Spur Economic Growth
By: Justicia Shipena & Loise Shiimi The decision by the Bank of Namibia (BoN) to lower the repo rate by 25 basis points to 7.00%, signals its commitment to support for the domestic economy amid a favourable inflation…
About 120 Employed at the Rundu Water Treatment Plant
By: Annakleta Haikera About 120 people are now employed at the Rundu Water Treatment Plant, a project launched earlier this year to replace outdated abstraction systems and purification plants. The initiative aims to meet the town’s projected 2037…
Kavango East/West, Four Os, Zambezi, Otjozondjupa, Kunene Pay Least for Maize Meal
By: Kavee Vezemburuka Residents in the Kavango East, Kavango West, Kunene, Ohangwena, Omusati, Oshana, Oshikoto, Otjozondjupa, and Zambezi regions paid the least for a 5kg bag of maize meal and 100g Rooibos tea bags in November at N$70.36 and…
Speculation Grows Around Nandi-Ndaitwah’s Cabinet Appointments
By: Justicia Shipena The composition of President-elect Netumbo Nandi-Ndaitwah’s Cabinet remains uncertain as Swapo faces significant challenges following its diminished performance in the just ended National Assembly elections. The ruling party secured only 51 of the 96 seats,…