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Kavango Residents Welcome Two N$10 million Sports Fields
Annakleta Haikera Residents of the Mukwe and Rundu Rural constituencies have welcomed the allocation of N$10 million for the construction of two new sports fields, a development expected to create approximately 45 local jobs during the construction phase. The project…
Namibia’s Place on FATF’s Global Grey List
Mathias Hangala The Financial Action Task Force (FATF) maintains a “grey list” of countries with deficiencies in their anti-money laundering and counter-terrorist financing (AML/CFT) frameworks. While the United Arab Emirates was removed from the list in February 2024, followed by…
Capital Projects Moved to SOEs
Nghiinomenwa-vali Hangala The country’s treasury has announced that it will move some of the implementation of capital projects to various State-Owned Enterprises (SOEs) to avoid a reduction in its allocation operation expenditures. This was announced by the state’s treasurer, Ericah…
Okongo Farmer Harvests 30,000 Mielies
Loise Shiimi Shivute Leader Shikonda, a farmer and manager of the Okongo Horticulture Association in Ohangwena Region, provided The Villager with an update regarding this year’s harvest, stating that he has harvested about 30,000 mielies (maize) so far. “Maize is…
N$150.9 billion of Private Capital Invested in Govt Debts
Nghiinomenwa Hangala According to the Bank of Namibia’s domestic debt security updates, domestic lenders have invested N$150.9 billion of their savings into the government to date, via bonds (fixed income and inflation-linked) and treasury bills, which are short term assets,…
Private Sector Commits More Than N$12 million to Fight FMD
By: Loise Shiimi and Nghiinomenwa-vali Hangala A number of private sector players, including commercial banks and value chain players, have committed more than N$12 million to the Foot and Mouth Disease (FMD) Support Fund. The pledge was made in…
N$19 billion to be Borrowed from Private Market to Fund Budget
By: Nghiinomenwa-vali Hangala The tabled 2026/27 committed expenditure by the government for the next 12 months will require the government to go to the private sector to borrow N$19 billion. This is because the budget deficit is expected to widen…
US$16.61 Million Commitment to Boost African Food Security
By: David Shoombe The African Development Bank Group (AfDB), in partnership with the International Institute of Tropical Agriculture (ITTA), signed a US$16.61 million deal to promote climate resilience and food security in Africa. Through the agreement, the…
Diversification is a Key Aspect for Namibia’s Development
By: Dwight Links A recent report on Namibia’s realistic approaches to economic transformation states that dependence on a single sector may be detrimental. Providing a clear picture of how this transformation could be achieved, Clovis Freire, Chief of…
Climate Risks Endanger Global Economy – WEF
By: Mathias Hangala The 2026 Global Risks Report by the World Economic Forum (WEF) warns that amidst trade fragmentation, supply-chain volatility, and technological disruption, climate change remains a threat to the global economy. The report states that climate…