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Namibia Rugby Union Caps Off a Successful Season
By: Hee-Dee Walenga The Namibian Rugby Union season came to a thrilling close on Saturday at the Hage Geingob Stadium, with finals in the women’s, reserve, and premier leagues determining the champions in each division. The day…
Opinion: Inclusivity Depends on Skills and Access to Capital
By: Kandjengo kaMkwaanyoka The word “inclusivity” is often used by many who want to appear caring, but few offer practical solutions on how to achieve it. We can shout and give passionate speeches, but building an inclusive…
Without Mining, Namibia’s GDP Remains Stagnant Below N$131 Billion
By: Nghiinomenwa-vali Erastus An in-depth analysis of Namibia’s economic performance from 2015 to 2023 reveals that without contributions from the mining sector, the country’s economy has remained stagnant since 2015. The comparison, based on Namibia’s yearly Gross Domestic Product…
Fertiliser Prices Stabilise After Years of Increases, Reports First Capital
By: Justicia Shipena Fertiliser prices are finally stabilising after continuous increases since 2022, according to the latest Food Price Monitor report by First Capital. The Fertiliser Price Index has shown a consistent decline, signalling a stabilisation following the sharp…
Active SIM Cards Decline by 5%
By: Fransina Nghidengwa The total number of active SIM cards in Namibia decreased by 5% during the second quarter of 2024 (1 April to 30 June), according to the Communications Regulatory Authority of Namibia (CRAN). This decline was primarily…
NamRA Commences Pilot Testing at Trans-Kalahari Border Posts
By: Fransina Nghidengwa The Namibia Revenue Agency (NamRA) has begun pilot testing of the One Stop Border Post (OSBP) system at the Trans-Kalahari/Mamuno border posts, effective from 2 September 2024. This initiative aims to streamline the clearance process for…
Auction Sees N$1.3 Billion Rolled Over in Treasury Bills
By: Nghiinomenwa-vali Erastus At a Treasury Bills auction held on 12 September 2024, the government opted to roll over N$1.3 billion borrowed from investors, rather than seeking new funding. This strategy of extending existing debts, known as a rollover,…
Paratus Drives National Data Usage Growth in Second Quarter
By: Nghiinomenwa-vali Erastus Namibia’s mobile data usage reached 33.4 million GB by the end of the second quarter of 2024, marking a 2% increase from 32.9 million GB in the first quarter. This data comes from the Quarterly Statistics…
Capricorn Group Reports N$1.74 Billion Profit After Tax
By: Justicia Shipena Capricorn Group has reported a robust financial performance for the year ending 30 June 2024, with profit after tax increasing by 9.9% year-on-year, reaching N$1.74 billion, up from N$1.58 billion in 2023. The Group’s return on…
AfCFTA Offers Best Opportunity to Eliminate Trade Barriers Across Africa
By: Dwight Links Cynthia Gnassingbe-Essonam, Senior Advisor to the African Continental Free Trade Area (AfCFTA) Secretariat, believes that Africa is in the best position to harness the potential offered by the AfCFTA. “Trade is currently being hindered by various…