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Namibia / Page 7
Seven Months Later, HyRail Project Still Stalled
By: Justicia Shipena The HyRail project is still in concept mode after seven months. The dual-fuel hydrogen-diesel locomotives project, which was set to be fuelled by Namibian green hydrogen, was halted in September of last year. The temporary suspension came after the Development Bank of Namibia (DBN) and the Development Bank of Southern Africa approved […]
Namibia Rakes in N$5.96 Billion in Mining Royalties Over Three Years
By: David Shoombe The Namibian government has collected N$5.96 billion in mining royalties over the past three years. This was revealed by the Minister of Industries, Mines and Energy, Natangwe Iithete, during the ministry’s workshop on draughting its Annual Strategic Plan in Ithete emphasised the ministry’s commitment to ensuring that the country receives its fair […]
European Firms Target N$430 Billion Investment in Namibia’s Green Hydrogen
By: David Shoombe At least seven European companies are seeking to invest in Namibia’s burgeoning green hydrogen sector, with a projected investment pipeline exceeding €20 billion (N$430 billion). This was revealed by Ana Beatriz Martins, European Union Ambassador to Namibia, during the official opening of the HyIron Oshivela Plant over the weekend. The HyIron Oshivela […]
Eligible Consumers to Import Power Directly by 2026 – ECB
By: Justicia Shipena Namibia’s energy sector is preparing to enter the next phase of market reform, which will allow eligible electricity consumers to import power directly by 2026. This announcement was made by Tjama Tjivikua, Deputy Board Chairperson of the Electricity Control Board (ECB), during the Market Model Implementation Workshop for the Modified Single Buyer […]
Oshikoto New Governor Vow Support for Agricultural Transformation
By: Loise Shiimi Sacky Kathindi, the newly appointed governor of OshikotoRegion, has pledged to enhance agricultural productivity in the region by providing farmers with access to modern equipment and resources. Kathindi was officially welcomed to his new role on Tuesday, following his appointment by President Netumbo Nandi-Ndaitwah last month. In his inaugural […]
Kavango Farmers Fear Poor Harvest Due to Pest Infestation
By: Annakleta Haikera Farmers in the Kavango regions are raising alarm over the condition of their crops as dual threats (locust and heavy rainfall) of persist Kavngo Regions and Zambezi face brown-armored corn cricket infestations and unpredictable rainfall continues to jeopardisethis season’s harvest. The Villagers have found that many farmers have found it […]
NamRA Beats Revenue Target for 2024/25
By: Justicia Shipena The Namibia Revenue Agency (NamRA) has surpassed its revenue target for the financial year FY2024/5, collecting a net total of N$88.6 billion to beat the target of N$85.3 billion. According to the agency’s report, their gross revenue collection reached N$98.9 billion, with refunds amounting to N$10.4 billion for the period from 01 […]
Namibia Records Trade Deficit with U.S. in 2025, Excluding Uranium
By: Nghiinomenwa-vali Erastus According to analysts, the reciprocal trade tariffs (21%) imposed by the United States of America are based on their trade deficit with Namibia divided by the value of their imports. The latest statistics for January and February 2025, as prepared by the Namibia Statistics Agency (NSA), show that the USA companies exported […]
Passenger Permits No Longer for Sale – Nekundi
By: Justicia Shipena Transport permits will no longer be treated as trading commodities, says Works and Transport Minister Veikko Nekundi. Permit holders have until 30 September 2025 to convert their indefinite permits into new transitional ones. Nekundi made the announcement on Tuesday in the National Assembly while providing an update on the rollout of the […]
U.S. Tariffs Imposed on Namibia Could Undermine Export Growth
By: Justicia Shipena The tariffs imposed by the United States on Namibia may reduce the competitiveness of Namibian beef and fish exports in the US market, according to the International Relations and Trade Ministry. Last week, U.S. President Donald Trump levied a 21% import duty on Namibian goods, citing the long-term downturn in US […]