Blog Page
NUST and MTC Partner to Launch Bloomberg Finance Lab
By: Dwight Links The Namibia University of Science and Technology (NUST) has partnered with Mobile Telecommunications Company (MTC) and the Namibia Investment and Finance Academy to establish the country’s first Bloomberg Finance Lab. Scheduled to open in mid-February, the…
Kavango West in Need of Aquaculture Infrastructure
By: Annakleta Haikera The Kavango West region remains in dire need of aquaculture infrastructure to mitigate human-wildlife conflict. Despite the donation of five boreholes by the Ministry of Agriculture, Water and land Reform, and a local company, last…
Ueitele is Entitled to Land Tax Exemption – Former Ombudsman
By: Uaueza Kanguatjivi Former Ombudsman John Walters has defended Judge Shafimana Ueitele, whose impartiality in the red line case has come under scrutiny following his exemption from paying land tax on two farms he owns. Government Gazette No. 8408…
Namibia Courts Nigeria Over Oil & Gas Collaboration
By: David Shoombe Namibia is seeking to collaborate with Nigeria in its oil and gas sector, exploring potential partnerships in exploration, production, and refining. This was revealed by the chairperson of the Nigerian delegation during the fifth session…
Only 12 Namibians Applied for Asylum to the UK Since 2023
By: Justicia Shipena The United Kingdom has recorded only 12 asylum applications from Namibians since implementing strict visa requirements in 2023. The British government revoked Namibia’s visa-free entry in July 2023, citing misuse of the privilege and concerns…
N$1.28 Billion Heavy Fuel 54 MW Power Station To Be Commissioned
By: Nghiinomenwa-vali Erastus NamPower will officially commission the second phase of its N$1.28 billion Anixas II Power Station at Walvis Bay, which is expected to contribute approximately 54 MW to the national power grid. The commissioning of phase…
N$150,000 From Geingob Cup to Support Presidential Centre Setup
By: Justicia Shipena Former First Lady Monica Geingos has announced that N$150,000 from the proceeds of the Dr. Hage Geingob Cup will be allocated to cover initial costs and infrastructure preparations for the establishment of a presidential centre…
Repo Rate Expected to Drop Next Week
By: Staff writer The Bank of Namibia is expected to cut the repo rate when it announces its Monetary Policy Committee’s decision next week. The South African Reserve Bank (SARB) recently reduced its country’s policy rates by 25bp to…
Namibia’s Imports Rise to N$161.5 Billion in 2024
By: Justicia Shipena Namibia’s total imports in 2024 amounted to N$161.5 billion, reflecting an increase of N$25.2 billion compared to the N$136.3 billion recorded in the previous year. Meanwhile, the country’s export earnings rose by N$15.8 billion, from…
The Paradoxical Effect of Trumponomics: Lesson for African Leaders
By: Josef Kefas Sheehama President Donald Trump’s executive orders serve as a wake-up call for African leaders, demanding that they put public service and economic development ahead of foreign aid and begging. The time has come for them to…