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Sun Shines On Namibian Grape Growers
By Fred Meintjes It is a tale of two countries for Namibian and South African grape growers along the Orange River. It seems that grapes from Namibia had much better fortunes this season than those produced by growers on the…
Sintana Energy Announces Extension To PEL 87, Offshore Namibia
By:Staff writer In its year-end review and 2023 outlook, Canadian oil and gas exploration company, Sintana Energy, said the Namibian government has approved extension to its Petroleum Exploration License 87 (PEL 87). “2022 was a seminal year in Sintana’s history…
Community Housing Group Wins Prestigious Award …… amidst a dire housing situation in Namibia
By Staff writer The critical housing situation in the country has made housing a luxury for many Namibians. At least 16% of the population live in shacks or improvised housing units. Statistics from the Namibia Statistics Agency show that about…
Half Of Sub-Saharan Africa Is In The Dark
By:Nghiinomenwa-vali Erastus An assessment by the World Bank and International Monetary Fund’s economists indicated that about half of the population of Sub-Saharan Africa does not have access to electricity. Those with electricity pay on average nearly twice as much as…
Investors Continue To Channel Capital To Govt’s Fixed Income Assets
By:Nghiinomenwa-vali Erastus Between 1 December 2022 and 6 January 2023, investors have offered N$9,7 billion to the government in exchange for treasury bills (TBs), the Bank of Namibia TB Auction results for the 01, 08, 15, 22 December 2022, and…
SACU Yet To Finalise Tariff Offers For The AfCFTA
By: Nghiinomenwa-vali Erastus Namibia, under the configuration of the Southern African Customs Union (SACU) is yet to finalise her tariff offer for the Africa preferential trade arrangement. Ministry of industrialisation and trade, Lucia Iipumbu, made a presentation at a discussion…
Moses //Garoëb’s Newly Elected Councillor Promises To ‘Work With Residents’ Following Win Last Week
By: Staff Writer Swapo’s Ndengu Stefanus was declared the winner of the recently concluded by-elections of the Moses //Garoëb constituency. On Friday, residents of the Moses //Garoëb constituency headed to the polls to vote for the councillor of their choice,…
Search For Walvis Bay CEO Still On, Council Says
By: Hertha Ekandjo Chairperson of the management committee of the Walvis Bay municipality Richard Hoaeb says the the process of appointing a successful candidate for the position of a substantive CEO is 70% completed. The coastal town has been…
Namibia’s Great Uranium Stampede, Boon Or Bane?
By: Staff writer The idea of mining Leonardville’s uranium-rich soil has raised many questions among communities both in the Hardap and Omaheke region. Some are concerned of the risk of underwater pollution while others welcome the idea as an opportunity…
Nam Faces Growing Inflation In Wake Of Russia-Ukraine War
By: Staff writer The Bank of Namibia (BoN) recently released its quarterly bulletin covering the third quarter, namely the months July through to end September 2022. It noted that inflation stood at 7.1% during the third quarter. The central bank…