By: Hertha Ekandjo Namibia’s 34 local cosmetics producers exported N$64 million worth of products abroad, predominantly to the European market. Speaking at the launch of the Ondangwa Trade and Industrial Exhibition, Minister of Industrialisation and Trade Lucia Iipumbu said this has been achieved through the government’s Growth at Home Strategy. “We have made tremendous progress […]

By: Justicia Shipena Metcalfe Beukes Attorneys claim commercial banks in Namibia continue to harass home loan debt defaulters to the point of economic exploitation. This was stated by the law firm in a letter dated 3 May 2023 and written to the Governor of the Bank of Namibia (BoN) Johannes Gawaxab. According to the law […]

By: Frederick Clayton and Sonja Smith Every day, Natalia Shaanika, 15, escorts her five younger siblings across a busy road to a landfill site to relieve themselves. As they squat – partially hidden by scraps of corrugated iron and used toilet paper – their older sister keeps watch. When a car comes their way, Shaanika […]

By:Carmen Forster This is the third article in the series on ‘Understanding the Context of Pensions in Namibia in 2023’. We have been looking at the Namibian pension provision per the Pillars defined in the World Bank Pension Provision Model. The first article covered Pillar 0 and we commenced with a consideration of Pillar 2 […]

By:Staff writer Total spudded the Venus-1A well on March 4. It will also re-enter the original discovery and test both wells. Impact Oil & Gas has secured additional financing through an open offer, allowing it to stay the course inNamibia where drilling is ongoing. The company raised $95 million (N$1.7 billion), it said, from existing […]

By:Justicia Shipena The Eenhana sports complex, which has been under construction for almost ten years, is nearing completion and will be in the hands of the Sports Ministry by June of this year. This was revealed by the Minister of Sport, Youth and National Service Agnes Tjongarero in the National Assembly while replying to queries […]

By:Justicia Shipena Standard Bank Namibia Holdings Limited raised N$400 million in debt capital markets funding in 2022 through a green bond sale, said its outgoing Chief Executive Officer Mercia Geises. The bank has released its annual report for 2022 in which it stated that the funds will be utilised to support renewable energy projects. “The […]

By: Frederick Clayton and Sonja Smith XhukaShorty and his family are San, an indigenous group of people in southern Africa. Eight years ago, he and 16 members of his family were evicted from the farmland where they had lived and worked as laborers for generations. Left to survive off Shorty’s monthly pension of N$1300, they […]

By:John Saunderson In 2007 I joined the City of Windhoek as Head of Passenger Transport Regulation. At the time, the City had experienced poor public transport infrastructure, bus services and budgets. Now, the public bus transport service is essentially a subsidised business and was viewed as a candidate for privatisation. For the first about two […]