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Nam’s Economic Outlook: Managing Global Change and Taking Advantage Of New Opportunities
By:Tyrone van Wyk Like many other countries, Namibia is faced with a challenging economic environment created by global macro changes. The immediate financial outlook for Namibia is examined in this article. Additionally, the potential that green hydrogen as an emerging…
Billion Dollar 100MW Planned Solar To Feed The Grid And Export
By:Nghiinomenwa-vali Erastus O&L Nexentury’s planned N$1 billion solar plant will be connected to one of Nampower’s largest substations and feed in the country grid. The plant, which will be the country’s largest, will contribute to the local generation as an…
Health Minister Shangula Sounds Alarm On Dangers Of Illegal Narcotics
By:Justicia Shipena The presence of illegal narcotics and other substances in Namibia, according to health minister Kalumbi Shangula, is a major problem for the country. Speaking at the inauguration of the National Drug Control Commission on Friday, Shangula said the…
Fuel Prices Drag Down Agri-inflation, As Urea Refuses To Budge
By:Nghiinomenwa-vali Erastus Agri-inflation came down to 8.7% in the first quarter of 2023 slowing down from 2022 levels above 15% when comparing year-on-year. This is according to the first Quarter Agri-Review 2023compiled by the Namibia Agricultural Union (NAU) researcher…
Declining Inflation Offers Little Relief As BoN Governor Emphasises Ongoing Economic Vulnerability
By:Justicia Shipena Amidst the high cost of living and inflation shocks driving down, countries are not out of the woods yet, the Governor of Bank of Namibia (BoN) Johannes !Gawaxab has said. For the second quarterly Common Monetary Area (CMA)Governors’…
Health Commodities Remain Pricey And Exclusive … universal healthcare a pipe dream, report finds
Nghiinomenwa-vali Erastus Health commodities in Namibia are still pricey and unaffordable to ordinary citizens despite several developments in the sector and increases in the number of public and private health facilities in the country. In fact, since 2005, the increase…
No Plans To Abandon: BoN Stays Committed To US Dollar For International Trade
By: Justicia Shipena Despite recent reports that countries are moving away from the US dollar, Namibia’s central bank is not considering allowing the country to purchase goods such as oil in its local currency. This comes as The Villager in…
//Hoebes Raps Seibeb On The Knuckles Over Green Hydrogen
By: Justicia Shipena Minister in the Presidency Christine //Hoebes has described Landless Peoples Movement (LPM) parliamentarian, Henny Seibeb’s allegations against the Green Hydrogen project as “deceptive and selfish” in pursuit of a misplaced political goal. //Hoebes was responding to Seibeb’s…
Trade Deficits Plague Namibia Despite Encouraging Export Performance
By: Justicia Shipena Namibia continues to have monthly trade deficits even though exports have been growing faster than imports in recent months, financial research firm Simonis Storm has observed. This week, Simonis Storm published a report on trade figures for…
Namibia Needs To Develop Strong Trade Relations With African Countries – Economist
By: Hertha Ekandjo With Namibia importing 22% worth of goods from African countries in 2020 following the closure of overseas ports and trade restrictions due to the pandemic, economist Abednego Ekandjo said it is crucial for Namibia to build strong…