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Namibia’s Fixed Currency Presents Challenges in Tackling Inflation
By: Justicia Shipena Governor of the Bank of Namibia (BoN), Johannes !Gawaxab, says the limited flexibility of Namibia’s fixed currency, which is tied to the South African Rand, in combating inflation. Namibia recorded an annual inflation rate of…
Namcor Opens Police Case into Alleged Fuel Theft
By: Justicia Shipena Namibia’s National Petroleum Corporation (Namcor) has opened a theft case regarding the alleged theft of fuel estimated at a value of N$1 million. Namcor revealed this in a media statement issued on Wednesday, in which…
Teachers Employment Conundrum: Delays Despite High Unemployment Rates
By: Justicia Shipena Despite the high number of unemployed teachers in the country, the National Council Committee on Education, Science, ICT, and Youth Development has uncovered a prolonged delay in filling teacher vacancies. This revelation emerged during the…
More than Half of Namibia’s Public Enterprises Report Losses, IPPR Finds
By: Justicia Shipena Over 50% of commercial public enterprises in Namibia suffered financial losses in the last fiscal year. This was revealed in a recent report published by the Institute for Public Policy Research (IPPR). The Quarterly Economic…
Vehicle Sales Surge in January, Marking Eight-Year High
By: Hertha Ekandjo Vehicle sales in Namibia for the month of January have soared to their highest levels in eight years, signalling a robust start to the year for the automotive industry. According to the latest Vehicle Sale Report…
Ride-Hailing Giant Bolt to Onboard 200 Drivers in Namibia
Staff Writer Estonian ride-hailing behemoth, Bolt, has launched a pilot project service in Namibia, with plans to onboard over 200 drivers. The company has declared a commission-free period for the initial six months. This expansion is a strategic…
Unam-owned Company Secures N$65 Million Loan for Solar Project
Staff Writer Inceptus Holding, the business arm of the University of Namibia has successfully secured financing from the Development Bank of Namibia (DBN) and Old Mutual Namibia for its N$65 million solar project at UNAM. Unam is partnering…
Omaalala FC Blessed Twice in a Month
By: Ludorf Iyambo A week following a generous donation of kits from Ondangwa Private Hospital, Omaalala FC has once again been fortunate, receiving N$ 5,739 worth of kits from Hoffmann’s Farm Implement in the Oshana region on Tuesday….
Opinion: Understanding the Generalised System of Preferences (GSP) Beef Quota and Its Ramifications on the Namibian Beef Industry
By: Rosa Hamukuaja Thobias A noteworthy article in the Norwegian media published last month caught my attention as the country’s Minister of Agriculture undertook a review of African Meat quotas in their market. The Norwegian General System of…
Rural-Urban Youth Movement Can Be Curbed with Enhanced Services
By: Juliana Iikela Eenhana Mayor, Omri-onn Kavandje, asserts that the migration of youth from rural to urban areas can be stemmed by improving access to education institutions closer to home. Kavandje provided insights into the efforts of the Eenhana…
