By: Justicia Shipena The Mobile Telecommunications Company (MTC) has reported a decrease in its annual earnings for the current financial year, largely attributed to “extraordinary regulatory costs”, including the settlement of annual license fees totalling N$58.4 million. This was revealed by MTC’s Chief Executive Officer Licky Erastus during the company’s annual financial performance […]
By: Nghiinomenwa-vali Eratus The Daures green hydrogen pilot project is over 95% complete, according to Jerome Namaseb, the project’s chief executive officer. The initiative aims not only to be Africa’s first 100% Net Zero green community but also to showcase the sustainable production of green hydrogen and ammonia using renewable sources. Funded by […]
By: Dolly Menas The Namibia Qualifications Authority (NQA) has announced that it will begin charging fees for the evaluation of foreign qualifications starting January 2, 2025. This new fee structure, according to the NQA, is aimed at streamlining the evaluation process and supporting the digitisation of its services. NQA’s Marketing and Corporate Communications […]
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, […]
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 […]
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 […]
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 […]
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. […]
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 […]
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 […]