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Reserves Shield Economies from Shocks – IMF
By: Mathias Hangala The International Monetary Fund (IMF) says adequate foreign exchange reserves play a role in shielding economies from shocks and strengthening economic resilience. In a report released through its social media platforms last week, the…
Local ISP Seeks to Bridge Digital Divide in Namibia
By: Hee-Dee Walenga Canopus Technologies (CanTech), a local internet service provider (ISP), entered the market with the objective of bridging the digital gap. Founded in 2023 by Managing Director Nerro Nendongo, the company serves as an example…
Behind Namibia’s Fuel Prices: The Slate Account Explained
By: Salome Nghoshi Fuel prices are among the most visible economic indicators affecting households and businesses. Each month, Namibians wait for the announcement of fuel price adjustments, often wondering why prices rise or fall and what mechanisms determine…
222 Fishing Workers to be Absorbed by 4 Fishing Companies
The government is planning to reintegrate 222 fishing workers into four fishing companies, with a commitment to increase allocated quotas to support the increased number of workers. The Ministry of Fisheries, together with the Ministry of Labour Relations,…
CoW Starts its 5-Year Strategy and Budget Review
The City of Windhoek is currently reviewing progress and challenges in implementing the City’s Strategic Plan (2022-2027), along with the budgeting process for the 2026/2027 financial year. With approximately 16 months remaining before the conclusion of the current…
Diamond Output Rises, Gold Falls
The latest production figure for December 2025 shows that the diamond production index rose by 47.6 percent in December 2025, rebounding from a 23.9 percent decline recorded in the prior month. On a year-on-year basis, no changes were indicated…
Farmer Transitions from Omahangu to Rice Production
By: Loise Shiimi A northern small-scale pearl millet (omahangu) producer has converted half of his one-hectare field for rice cultivation. Frans Amutenya, a farmer and a Bachelor of Science student in Crop Production at the University of…
Virements from Development to Operational Spending Prohibited
By: Nghiinomenwa-vali Hangala Offices, Ministries, and Agencies (OMAs) receiving funds from the national budget will be prohibited from moving money earmarked for capital projects to operational expenditure. The government made this announcement last week at the tabling…
OMAs did not Budget for the Anti-Corruption Strategy
By: David Shoombe The evaluation of the implementation of Namibia’s National Anti-Corruption Strategy and Action Plan (NACSAP 2021-2025) has found that Offices, Ministries and Agencies (OMAs) did not budget for said implementation. According to independent evaluation consultant,…
Kavango Garden Projects Bear Fruit
By: Annakleta Haikera Several schools in the Kavango East and Kavango West regions are establishing gardens and orchards to boost food production, improve learner nutrition, and support school feeding programmes. One such success story is at Aksel…