By: Nghiinomenwa-vali Hangala In a presentation at its annual general meeting, Paladin, the main shareholder in the Namibia Langer-Heinrich Uranium Mine, revealed that for the next 10 years, global nuclear utilities will have approximately 1 billion pounds of uncovered uranium requirements. A summary of the 18 November 2025 annual general meeting was posted […]
By: Nghiinomenwa-vali Hangala For the current financial year, cities, towns, and settlements (local authorities) have requested N$8.4 billion from the Road Fund Administration (RFA) for road maintenance and rehabilitation. However, according to the RFA, due to revenue constraints, it only allocated N$3.7 billion, leaving a funding deficit of N$4.7 billion. This is […]
By: Nghiinomenwa-vali Hangala For the two months of September and October 2025, Namibia imported 36,260 day-old chicks as inputs for its poultry sector. This brings the year-to-date (January to October 2025) import of live birds to 376,161 for Namibia. This is according to the monthly statistics provided by the Livestock and Livestock […]
By: Nghiinomenwa-vali Hangala An assessment of the City of Windhoek road maintenance backlog is estimated to be more than N$2.7 billion, with insight indicating that the bill could be higher with increasing potholes and road damage. This was revealed at the Ordinary Council Meeting of the Municipal Council of Windhoek, held on Monday, […]
By: Nghiinomenwa-vali Hangala The government, through the central bank, will attempt to persuade investors to switch their N$2.3 billion investment in the GC26 Bond to other long-term bonds to avoid repaying the borrowed money next year. The government announced this auction through a central bank notice released last week. Market participants or […]
By: Nghiinomenwa-vali Hangala Namibia’s triple challenges of housing, energy insecurity, and water can be addressed through unlisted investment in the private sector by leveraging local capital. This is according to Christoff Bauernschmitt, senior investment professional at Old Mutual Investment Group Namibia (OMIGNAM). Namibia boasts N$474.1 billion in savings for retirement pensions, medical […]
By: Loise Shiimi Ohangwena Region entrepreneurs have been advised to utilise the strategic advantages of the region as a potential gateway to Angola in terms of trade and other partnerships. Selma Ashipala-Musavyi, the Minister of International Relations and Trade, made these remarks during the 14th Business Regional Engagement held in Eenhana, Ohangwena […]
By: Nghiinomenwa-vali Hangala The City of Windhoek Council has approved a proposal by the Namibia Football Association (NFA) to upgrade the Sam Nujoma Stadium to meet international standards set by the Confederation of African Football (CAF) and FIFA. The City decided this during the Ordinary Council Meeting of the Municipal Council of Windhoek, held on […]
By: Nghiinomenwa-vali Hangala Beyond the turbulent global diamond markets, the Namibian diamond cutting and polishing industry is facing policy uncertainty, particularly in relation to transitioning from the current Export Processing Zone (EPZ) regime to the Special Economic Zone (SEZ) regime. This is according to the Namibia Diamond Trading Company (NDTC), which sells raw […]
By: David Shoombe Despite challenges faced by street vendors, taxi drivers, salons, barber shops, domestic workers, and small online stores, the government and central bank consented that the Namibian economy cannot thrive without formalising the informal sector. Data from the country’s Ministry of Finance shows that the informal economy in 2023 was estimated […]