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CRAN Can Enhance Green Hydrogen Landscape
By: Nghiinomenwa-vali Erastus The Communications Regulatory Authority of Namibia (CRAN) has expressed its readiness to support Namibia’s green hydrogen (GH2) ambitions by creating a regulatory framework that fosters investment, innovation, and collaboration with other government entities. According to Helene Vosloo, CRAN’s Executive for Economics and Market Development, the regulatory framework will streamline processes, […]
Uncertainty Surrounds EVMs for Future Elections
By: Justicia Shipena The Electoral Commission of Namibia (ECN) remains undecided on whether it will reintroduce electronic voting machines (EVMs) in the 2029 elections or continue using ballot papers. In February 2020, the Supreme Court ruled that EVMs must be equipped with a verifiable paper trail for future elections. This directive followed a landmark […]
Khomas Residents Top the List of Loan Defaulters
By: Nghiinomenwa-vali Erastus As of September 2024, 42.9% of non-performing loans (loans unpaid for over three months) in Namibia were held by individuals, according to data from the Bank of Namibia. Non-performing loans (NPLs) currently stand at 5.9%, just below the 6.0% trigger ratio, a threshold validated through reverse stress testing across the […]
Repo Rate Cut to Spur Economic Growth
By: Justicia Shipena & Loise Shiimi The decision by the Bank of Namibia (BoN) to lower the repo rate by 25 basis points to 7.00%, signals its commitment to support for the domestic economy amid a favourable inflation outlook. The decision aligns with global monetary policy trends, where central banks like the US […]
Kunene Gets 66th 4G Broadband Tower
By: Nghiinomenwa-vali Erastus One of Namibia’s least connected regions, the Kunene, has received its 66th network tower, equipped with 2G/GSM for voice and 4G/LTE for mobile broadband services. Mobile Telecommunications Limited (MTC) commissioned the new broadband tower in Otjinungua Village, marking a significant milestone in its efforts to enhance connectivity in remote areas. […]
Borders Closed for Most Vegetable Imports This Month
By: Loise Shiimi The Namibian Agronomic Board (NAB) has announced that the country’s borders will be closed to nearly all vegetable imports throughout December. From 1 to 31 December, the importation of 15 out of 20 specially controlled crops is prohibited. Only one crop, sweet potatoes, can be imported without restrictions, while four […]
Corruption a Significant Challenge in Regional Governance
By: Annakleta Haikera Corruption remains a major obstacle in regional governance, undermining public trust and affecting various sectors. This was highlighted by Rundu Rural Constituency councillor Paulus Mbangu during the Institute for Public Policy Research (IPPR) anti-corruption conference held on Tuesday in Rundu, Kavango East region. Mbangu pointed to the lack of internal […]
Namibia’s Exports Decline While Imports Surge
By: Kavee Vezemburuka Namibia’s export revenue for October 2024 declined by 3.8%, falling to N$8.7 billion from the N$9.0 billion recorded in September, as detailed in the Namibia Statistics Agency’s latest Merchandise Trade Statistics Bulletin. On the other hand, the country’s import bill increased by 11.5% to reach N$16.5 billion, up from N$14.8 […]
Observer Missions Recommends Improvements in Namibian Elections
By: Dwight Links Four African observer missions delivered their preliminary statements in Windhoek on 29 November regarding the Presidential and National Assembly elections that occurred across the country. While extended voting took place on Friday and Saturday, 29 and 30 November, as per President Nangolo Mbumba’s proclamation on Thursday, the observer missions forged ahead […]
Trump Threatens BRICS With Tariffs Over De-Dollarisation
By: Dolly Menas US President-elect Donald Trump has threatened to impose 100% tariffs to BRICS countries as well as bar them from selling into the US economy should they move ahead with plans to establish a BRICS currency. “The idea that the BRICS countries are trying to move away from the dollar while […]