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Namibia
Ondangwa Records N$1.1 Billion in Property Transactions Over Last Decade
By: Hee-Dee Walenga Speaking on Eagle FM’s land and property development programme, Ulwazi, former President of the Namibia Institute of Town & Regional Planning, Fransisco Neshila, provided some insight into the land and property development environment of Ondangwa. Ondangwa has totalled 1,993 land & property transactions since 2016 worth a total market value of […]
Oshana N$37.18 million Multipurpose Digital Hub Opened
By: Peneyambeko Jonas The opening of the Rössing Foundation Multipurpose Digital Hub in Ondangwa has provided a reminder that Namibia’s future prosperity may depend as much on what happens inside classrooms, laboratories, and technology centres as it does on what is extracted from mines. Built through a N$37.18 million investment by Rössing Uranium […]
Entrepreneurs Call For a New Economic Focus as Capital Costs Rise
By: Peneyambeko Jonas “Why is it that other African countries are growing their economies through manufacturing, value addition and industrialisation, while Namibia continues to depend largely on importing finished products?” Founder of Water Engineering Africa, Tangeni Nghiwewelekwa, posed this question during a discussion on the recent increase in the repo rate by the […]
External Economic Shocks Threaten NDP 6 Ambitions
By: David Shoombe The Bank of Namibia announced an increase in the repo rate from 6.50% to 6.75%, noting how the Namibian economy had been adversely affected by global economic uncertainty arising from the conflict in the Middle East. Presenting the monetary policy statement, Bank of Namibia governor Ebson Uanguta stated that the […]
Nam Recorded 6 Conglomerate Mergers in Two Months
By: Nghiinomenwa-vali Hangala Of the 11 mergers and acquisition applications approved between April and May 2026, six were for conglomerate mergers. This is according to the updates (merger notification) from the Namibia Competition Commission (NaCC) this week. The acquisitions also involve foreign companies acquiring local assets or companies in various sectors. […]
Omusati Region to Get its Feedlot by October 2026
By: Peneyambeko Jonas Beyond crop production at the Etunda Green Scheme, the government is investing in livestock value addition through the construction of the Etunda Feedlot Project. The construction is expected to be completed in September this year. The feedlot is expected to enhance the quality and market value of cattle while strengthening the country’s […]
Treasury Given Green Light to Start Spending the N$87.9bn Budget
By: Nghiinomenwa-vali Hangala The country treasurer, Ericah Shafudah, has been given the green light by Parliament and the President to start releasing the National Budget funds to various Offices, Ministries, and Agencies (OMAs) for the procurement and fulfilment of various commitments. This is after the long debate on the FY2026/27 Appropriation Bill, which was tabled […]
Namibia Issued Only Nine AfCFTA Certificates of Origin
By: Dwight Links International Relations and Trade Minister Selma Ashipala-Musavyi Namibia has only issued nine Certificates of Origin for exports to destinations including Ghana, Kenya, and Nigeria. Speaking at the annual Theo-Ben Gurirab Lecture Series, the minister made mention of various developments in continental trade progress. Over 8,500 AfCFTA certificates of origin […]
More Than a Billion Switched From the GC27
By: Nghiinomenwa-vali Hangala The Bank of Namibia on Wednesday received 108 bids, worth N$950.9 million, as investors sought to switch their money from the GC27 bond. This comes after the Ministry of Finance invited various investors (individuals and institutions) to switch their N$6.6 billion investment in the GC27 Bond. According to […]
Nam Provides Updates on Human Rights Interventions
By: Dwight Links The 52nd session Universal Periodic Review (UPR) Working Group was recently held by the UN Human Rights Council in Geneva, Switzerland. During the session, a Namibian delegation reported on the country’s human rights interventions and improvements since independence. The delegation of nine experts was led by Justice and Labour Minister […]