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Namibia
1 Billion lbs Global Uranium Demand Predicted
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 […]
Local Authorities Requested N$8.4 Billion from the Road Fund
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 […]
Windhoek Road Maintenance Backlog to Cost Over N$2.7 Billion
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, […]
Govt Plan to Switch N$2.3 Billion on Tuesday
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 […]
Unlisted Capital Commitments Can Fill Key Investment Gaps
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 […]
Ohangwena Advised to Leverage Gateway to Angola
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 […]
Call for Namibia to Shift from Non-Transformational Growth
By: Nghiinomenwa-vali Erastus The executive director of the Ministry of Finance has consented that Namibia needs to shift from economic growth for its own sake to growth that is linked to economic transformation, adding that the current government policies have paved the way for such a shift. Michael Humavindu stated this in his presentation at […]
Prosecute Financial Crimes to be De-Greylisted
By: Nghiinomenwa-vali Hangala Namibia’s chance to be delisted as a country susceptible to financial crimes – due to its fragile ability to detect and stop said crimes – hinges on proving that it can investigate and prosecute money laundering and terrorist financing cases. According to the update provided by the country’s financial watchdog, […]
Mixed Feelings About Oil & Gas Industry
By: Dwight Links Researchers from the Institute for Public Policy Research (IPPR) have captured stakeholders’ mixed sentiments towards the emerging oil and gas industry. The recent research findings regarding oil and gas have revealed a variety of issues concerning communities and affecting their optimism on the promise of economic growth set to flow […]
Omburu Battery Storage Received its Power Conversion System
By: Nghiinomenwa-vali Hangala Namibia’s first utility-scale battery storage project has received some of its eight (8) Power Conversion Systems (PCS), the country’s power utility updated last week. According to NamPower updates, the PCS containers will be used to convert Alternating Current (AC) electricity from the grid into Direct Current (DC) electricity to charge the batteries. […]