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Namibia and Lesotho Eye Opportunities in the Automotive Industry
By: Dwight Links Namibia and Lesotho are actively exploring ways to tap into the potential of the automotive manufacturing sector. Both countries, under the support of the United Nations Economic Commission for Africa (UNECA), are working to deepen their industrial development through this key sector. Olayinka Bandele from UNECA highlighted that the commission is providing […]
N$60.8 billion for Public Procurement in 25/26 FY
By: Nghiinomenwa-vali Erastus For this financial year (2025/26) the government will procure N$60.8 billion worth of goods and services under the operational and capital budget. This is from the N$96.8 billion operational and development budget as tabled by the country’s treasured financial planner, Ericha Shafudah, at the end of March 2025. The remainder of this […]
Unpaid Import Bills Threaten Business Operations for 5,000+ Importers
By: Nghiinomenwa-vali Erastus More than 5,000 importing individuals and businesses are at risk of having their import accounts suspended if they do not settle their import debt or make payment arrangements. The Namibia Revenue Agency (NamRA) announced this week. This comes after the agency found that the modality of deferring import value added tax […]
N$37 Billion Smart Rail Project Planned for Northern Namibia
By: Justicia Shipena Afrail Inc., a subsidiary of New York-headquartered Abba Platforms Inc., secures approval from the Namibia Investment Promotion and Development Board to develop an urban rail transit system in Northern Namibia. The ambitious project aims to enhance connectivity across Oshakati, Ongwediva, Ondangwa, Eenhana, and Oshikango through the deployment of AfrailX, a modern and […]
8 Years Later and No Final Product on Ongwediva Meat Processing Plant
By: Uaueza Kanguatjivi The Parliamentary Standing Committee on Economics and Public Administration has called for the expedited construction of the Ongwediva Meat Processing Plant. The committee cited the critical role of the processing plant in addressing challenges faced by the livestock market in Namibia’s Northern Communal Areas (NCAs). The recommendation forms part of the committee’s […]
MTC’s Invest N$1.4 Million in Bursary Program
By: Loise Shiimi In a continued effort to support education and skills development in Namibia, Mobile Telecommunications Limited (MTC) has awarded bursaries worth N$1.4 million to six students pursuing higher education. The announcement was made on Wednesday during the company’s annual bursary handover ceremony. The bursary recipients are enrolled in various fields, including Accounting, […]
Analysts Warns of Skills Gap in Emerging Industries
By: David Shoombe Economist Salomo Hei has cautioned that Namibia’s emerging industries, such as oil and gas, require a highly skilled workforce, emphasising the need for young people to pursue education in science, commerce, and mathematics. “Industries such as oil and gas need an educated and highly sophisticated labour force. If we don’t push for […]
Local Contractors Can Deliver On Houses – Kambwa Construction
By: Justicia Shipena Local businessman Sheehama David believes Namibian contractors have the expertise and capacity to successfully deliver housing projects but are held back by financial limitations that delay completion. His remarks come after Namibia Housing Enterprise (NHE) handed 64 houses constructed by NHE, the Ondangwa Town Council and David’s Kambwa Construction Company last week. […]
300 Potential Jobs Affected Over Alleged GIPF Investment Decision
By: Uaueza Kanguatjivi Investment company Baobab Capital says over 300 potential jobs will not materialise due to the Government Institutions Pension Fund (GIPF) terminating a N$140 million investment agreement four years ago. The company was deregistered by the Namibia Financial Institutions Supervisory Authority (Namfisa), with its directors accused of conflicting interests, abuse of power and […]
Namibia’s Food Records Trade Surplus
By: Staff writer Namibia recorded a trade surplus of N$264 million on food items after exporting N$1.7 billion worth of food, excluding live animals, while importing N$1.4 billion of the same. The trade surplus was attributed to fish exports which stood at N$1.3 billion, which was mostly exported to Spain, Zambia and Italy. Fish was […]