Blog Page
Langer Heinrich Mine Completes Ramp-up
By: Nghiinomenwa-vali Hangala The Langer Heinrich Uranium Mine has announced that it has completed its production ramp-up phase, exceeding its FY2026 projected production, sales and cost of production targets. Last quarter which ended on 30 June,…
Venus Well Development and Operation Investment Estimated at US$18bn …over US$2 billion will be spent locally
By: Nghiinomenwa-vali Hangala The Venus well project, which is on the cusp of its Financial Investment Decision (FID), is estimated to require capital development/investment of over US$11 billion in the development phase. If developed, it will further require…
Ongwediva’s Property Industry Slumps … only 930 property transactions recorded in 10 years
By: Hee-Dee Walenga In the latest edition of Eagle FM’s Ulwazi show. Veteran urbanist, Fransisco Neshila, revealed that, according to the data gathered by his proprietary platform, which is also named Ulwazi, that the town of Ongwediva has…
ECOWAS To Launch a Single Currency By 2027
By: Helmut Mahongo The Economic Community of West African States (ECOWAS) has reaffirmed plans to launch a single currency dubbed the ECO by next year. The union announced this after its 69th ECOWAS summit of Heads of State…
Water Shortages and Poor Market Access Threaten Salem Farmers
By: Annakleta Haikera Farmers at the Salem Green Scheme Project near Uvhungu-Vhungu village in Kavango East say a lack of reliable markets and poor water supply continue to threaten their livelihoods despite years of investment and training. The community-owned…
Financial Inclusion: An Enabler, Not an Economic Solution
By: David Shoombe The Principal Economist at the Bank of Namibia, Sesilia Nekwaya Okafor, indicated that financial inclusion brings Namibians into the formal financial system, which can enable broader participation in the economy. Commenting on the recently…
Fragmented Systems Cost Africa Around US$100 billion Annually
By: Dwight Links The African Continental Free Trade Area (AfCFTA) has noted that Africa’s fragmented systems are costing the continent billions in intra-trade, investment and convenience. Wamkele Mene, secretary-general for the AfCFTA, said this last week during a partnership…
Youth Urged to See Farming as Entrepreneurship
By: Peneyambeko Jonas Farmers have called on unemployed young people, including graduates, to consider agriculture as a source of income, saying farming offers business opportunities for those willing to start small and grow over time. Frans Hamutenya, a farmer…
New Dawn for Housing: New Housing Model Launched
By: Hileni Inane A new housing model aimed at helping low-income earners transition from Kambashus (Shacks) to a more sustainable and durable solution has been launched. The housing model was launched by Yambuka Housing on Wednesday in Windhoek. According…
How Health Contributes to the GDP of Namibia
By: Dr. Makemba Nelson Health plays a vital role in contributing to the Gross Domestic Product (GDP) of Namibia. GDP is the total value of all goods and services produced within a country over a specific period. A healthy…