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Opinion: Economic Recovery and Growth: Reflections on the State of the Nation Address
By: Josef Kefas Sheehama In his recent State of the Nation Address (SONA) on March 14, President Nangolo Mbumba outlined a comprehensive economic implementation action plan, underscoring the government’s commitment to the Economic Recovery Plan. This plan signifies…
Uranium Exploration Surges in Namibia’s Southern Regions
By: Nghiinomenwa-vali Erastus Namibia has of late been experiencing a surge in uranium exploration, with a notable uptick in licensing applications dedicated to the search for nuclear fuel minerals. This trend was revealed in a recent analysis conducted…
Govt Allocates N$20 Million to Combat Cyber Attacks
By: Ludorf Iyambo The government has pledged N$20 million in funding for the period spanning from the 2023/24 to the 2025/26 financial years in a bid to fortify the nation’s cybersecurity defences. This allocation, directed towards the Communications…
Judiciary Spends 99% of Budget Allocation
By: Hertha Ekandjo The Office of the Judiciary has utilised 99% of its allocated budget for the 2022/23 fiscal year, unlike other government Offices, ministries and Agencies that return enormous amounts back to the treasury every year. For…
Namibia’s Oil and Gas Potential Attracts OPEC’s Attention
By: Nghiinomenwa-vali Erastus The forthcoming Namibian International Energy Conference (NIEC) is set to host a distinguished guest next month, with Haitham Al Ghais, Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), slated to attend. The African…
Local Tourists are Increasingly Opting for Campsites
By: Staff Writer Namibians are increasingly turning to campsites for their tourism experiences as occupancy rates at hospitality establishments continue to dwindle, dropping to 23.1% last month from 24.9% in January and 33.0% in February 2023. The allure…
Andrada Mining Secures N$175 Million Loan … plans 5MW Uis solar plant
By: Staff Writer Andrada Mining’s subsidiary, Uis Tin Mining Company (UTMC), has secured a conditional credit-approved funding agreement of N$175 million with Bank Windhoek, marking a significant milestone for the company’s expansion plans. This new loan agreement will…
Kavango East Leadership Urges Alweendo to Implement Rural Electrification
By: Annakleta Haikera Leaders in the Kavango East Region are urgently calling on the Ministry of Mines and Energy to prioritise the needs of the people by accelerating rural electrification efforts in the region and incorporating provisions for…
Capricorn Foundation Commits N$1 Million to Towards Desert-based Economy
By: Nghiinomenwa-vali Erastus In a bid boost to the RuralRevive initiative aimed at building economic advancement and sustainable development in the Maltahöhe community, the Capricorn Foundation has pledged N$1 million towards the cause. The partnership between Capricorn Foundation…
Pressing Housing Needs Present Both Opportunities and Challenges for Construction Sector
By: Justicia Shipena The pressing need for affordable housing in Namibia is creating both opportunities and challenges for the construction sector, according to economic researcher Halleluya Ndimulunde of Simonis Storm Securities. This comes in light of the City…