Blog Page
Namibia’s Export Earnings Rise by 2.9% in September 2024
By: Hertha Ekandjo Namibia’s export earnings increased by 2.9% in September 2024, reaching N$9.0 billion, up from N$8.7 billion in August. This was revealed in the latest Namibia International Merchandise Trade Statistics Bulletin released by the Namibia Statistics Agency…
NACN Disburses N$673,552 to Support Creative Projects
By: Staff Writer The National Arts Council of Namibia (NACN) has allocated N$673,552 to creative projects as part of Cycle 3 of its grant-funding program. This round follows earlier disbursements of N$615,206.50 to 16 projects in Cycle 1…
Namibia Hydrogen Fund to Invest in HyIron’s Oshivela Project
By: Nghiinomenwa-vali Erastus Namibia Hydrogen Fund Managers has committed development funding to HyIron’s Oshivela Project, aiming to boost green iron production using hydrogen instead of carbon. Announced in a joint statement last week, the investment seeks to expand…
Namibia Lacks Studios, Incentives to Boost Film Industry
By: Justicia Shipena Namibia’s film industry faces significant challenges in attracting investment and international productions due to a lack of essential infrastructure and government incentives. This is according to Nangula Uandja, CEO of the Namibia Investment Promotion and…
Kavango Crop Farmers Fear for Yield Amid Drought Concerns
By: Annakleta Haikera As land preparation for the upcoming planting season begins in both Kavango regions, crop farmers are expressing concern over potential low yields due to a lack of early rainfall in November. During the weekend, The…
Govt Lowers Expected Diamond Sector Revenue by N$2.3 Billion
By: Hertha Ekandjo The government has reduced its projected revenue from the diamond sector for the 2024/2025 fiscal year by more than N$2.3 billion, citing lower global diamond prices and weakened demand. Minister of Finance and Public Enterprises Iipumbu…
New Green Hydrogen Plant and Offshore Wind Farm on the Cards
By: Hertha Ekandjo Namibia is conducting pre-feasibility studies for the development of a green hydrogen plant and an offshore wind farm as part of the Southern Corridor Development Initiative (SCDI) in the //Kharas region. The study will explore…
Opinion: Compliance in Namibia: Staying Ahead of Evolving Regulations and Securing a Strong Future
By: Melanie Meiring Namibia has recently been under increased scrutiny from the global community, with the Financial Action Task Force (FATF) grey-listing it. There are some gaps in Namibia’s anti-money laundering and anti-terrorism financing measures. These areas must improve to…
Road Crash Data Lacking for Economic Impact Assessment
By: Abigail Nalisa Health Minister Kalumbi Shangula has highlighted a significant lack of monitoring and evaluation of critical data related to road crashes, which is essential for assessing their economic, social, and health impacts on Namibia. He noted…
Opinion: Being A Medical Doctor is Easier Than Becoming an Economist!!
By: Ogunkola Oluwadamilola, ACIA Hear me out before you come for me! Being an economist comes with a level of responsibility that often goes unspoken. It’s as if the weight of the world’s problems rest on your shoulders. In…