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Namibia / Page 24
TransNamib and Partners to Return N$152 Million Grant Funding to Donors
By: Justicia Shipena The HyRail Project may soon return €7.6 million (approximately N$152 million) from a €30 million grant provided by the German Federal Ministry of Education and Research (BMBF). Spearheaded by TransNamib in collaboration with Hyphen Technical, Belgium’s CMB.TECH, the University of Namibia (Unam), and Traxtion, the HyRail project aimed to introduce […]
One River, Four Nations: The Orange River’s Economic Lifeline
By: Nghiinomenwa-vali Erastus The Orange-Senqu Basin, spanning over 1 million square kilometers across Southern Africa, supports more than 60% of the region’s economy despite contributing less than 5% of its water resources. This makes the basin one of the most complex and challenging water systems in the world due to its transboundary nature. […]
Namibians Urged to Invest in Aquaculture
By: Mathias Hangala The Deputy Director for Aquaculture and Inland Fisheries at the Ministry of Fisheries and Marine Resources, John Hamukwaya, has encouraged Namibians to explore opportunities in the aquaculture industry. Hamukwaya highlighted that the government has initiated nine projects across the Zambezi, Omaheke, Hardap, Omusati, and Oshana regions to guide and […]
Chula Chula and Julinho AFC Triumph in Final Dr. Hage Geingob Cup
By: Hee-Dee Walenga The 10th and final edition of the Dr. Hage Geingob Cup took place on Saturday afternoon at a packed Independence Stadium in Windhoek. Sponsored by MTC, Bank Windhoek, and Namibia Breweries Limited, the tournament has seen a total investment of N$40 million from the three companies since its inception. The […]
NamRA Generates N$4.3 Billion Through Tax Amnesty
By: Dolly Menas and Kavee Vezemburuka The Namibia Revenue Agency (NamRA) has so far collected N$4.3 billion through its tax amnesty programme, which began on 1 April 2023. The initiative was designed to provide relief to taxpayers struggling with outstanding tax liabilities, offering a 100% waiver on interest and penalties. To qualify, taxpayers […]
N$18 Minimum Wage Per Hour for Namibian Workers
By: Ludorf Iyambo Starting 1 January 2025, the minimum wage for all Namibian workers, excluding domestic and agricultural workers, will be set at N$18.00 per hour. This was announced by the Minister of Labour, Industrial Relations and Employment Creation, Utoni Nujoma, on Thursday, following Cabinet’s endorsement of his submission in June. Workers currently […]
Namibia Among Countries Acting on IPU Resolutions
By: Hertha Ekandjo Namibia has been recognised as one of the 38% of countries that have enacted legislation, made decisions, or taken specific actions in response to Inter-Parliamentary Union (IPU) resolutions. This recognition was highlighted during the special accountability segment of the General Debate at the 149th IPU Assembly, which reviewed how parliaments […]
Manufacturing Sector Faces Competitiveness Challenges … incentives set to expire by December 2025
By: Justicia Shipena The abolishment of export incentives that favoured companies manufacturing goods in Namibia poses a serious threat to the country’s competitiveness, according to the Namibia Investment Promotion and Development Board (NIPDB). NIPDB Chief Executive Officer, Nangula Uaandja highlighted these concerns during an interview with Eagle FM at the Namibia Green Hydrogen […]
Namcor Was on the Verge of Liquidation Before N$1.2 Billion Lifeline
By: Erikka Koukulunhu The National Petroleum Corporation of Namibia (Namcor) Acting Managing Director Ebson Uanguta revealed that the petroleum corporation was on the brink of liquidation before the government stepped in with a N$1.2 billion lifeline from state funds. A significant portion of this was a N$1,1 billion debt to international oil seller Gunvor. […]
Sellers in 99-Year Farm Lease Summoned to Court
By: Hertha Ekandjo The sellers of the farms Rainhoff and Wolfsgrund, sold to Russian billionaire Rashid Sardarov in 2018, have been summoned by Judge Orben Sibeya to clarify their involvement in the controversial deal. The farms, located east of Windhoek and north of Dordabis, were sold to Sardarov, who later donated them to […]