Search in the website:
News / Page 2
Fuel Under-Recovery to be Subsidised with Half a Billion NAD
By: Nghiinomenwa-vali Hangala Namibia has recorded one of the highest fuel under-recoveries for April, on two main fuels, forcing the government to step in to cover the difference with N$500 million. The Ministry of Industries, Mines, and Energy (MIME) made this announcement last week during an update on the country’s fuel supply security. […]
Nam Economy Has Only Expanded by N$14.1bn in 10 Years
By: Nghiinomenwa-vali Hangala From 2015 to 2025, the Namibia economy has only managed to expand by N$14.1 billion in terms of extra goods and services produced, according to real Gross Domestic Production (GDP) figures. The national account figures also show that it took Namibia 8 years to reach the N$150 billion Real GDP […]
Dangote Refinery Filling African Oil Supply Gap
By: David Shoombe Africa’s largest oil refinery, Dangote Petroleum Refinery and Petrochemicals, recently reported to have sold 12 cargoes of refined petroleum products amounting to 456,000 tonnes to countries such as the Ivory Coast, Cameroon, Tanzania, Ghana and Togo. This development shed light on Africa’s ambitions of improving intracontinental trade as global uncertainty lingers. […]
Govt Faces N$36.9 Billion Repayment Obligation in 4 years
By: Nghiinomenwa-vali Hangala In the next 4 years, the Namibian government has to repay N$36.9 billion throughout the 2026/27–2028/29 Medium Term Expenditure Framework period. This is according to the bond maturity profile documented in the country’s Fiscal Strategy for 2027, showing that the government has 12 bonds maturing in the next 4 years. […]
Public Investment in Agriculture Shows Decline
By: David Shoombe An analysis by the Food and Agriculture Organisation (FAO) in Namibia has found that strategic investment in food security has decreased over the years, despite the government’s various declarations of agriculture as a sector. Moreover, every year Namibia has a food insecure population due to inadequate harvest and high food […]
Namibians Consumed 6.9 Million GB on TikTok Content…data usage generates close to N$1 billion in 3 months
By: Nghiinomenwa-vali Hangala Namibians have consumed 6.9 million gigabytes (GB) watching and posting on TikTok between October and December 2025. This is according to the Quarterly Statistics Bulletin for the last quarter of 2025 (Q4), which provided an overview of market performance and emerging trends across Namibia’s telecommunications. The Communication Regulatory Authority […]
2026: The Year of Key Final Investment Decisions on Nam Oil
By: Nghiinomenwa-vali Hangala Final investment decisions are expected on two oil exploration wells this year, namely the Mopane and Venus Blocks, which could reshape Namibia’s economic structure and trajectory. According to the Namibia Oil and Gas Bi-Annual Industry Report by Ardhi Namibia Energy Consultancy (July-December 2025), a number of wells have been […]
NHE Grows Housing Loan Book, but Sankwasa Wants More Houses
By: Nghiinomenwa-vali Hangala From 1 July 2024 to 30 June 2025, the National Housing Enterprise (NHE) has grown its housing loan books by 3.6% to over N$1.1 billion, while building 191 houses. This includes a profit growth of N$23 million compared to the N$6 million recorded in the 2023/24 financial year, as revealed […]
Only 45.3% Compliant with Beneficial Ownership Declaration
By: Nghiinomenwa-vali Hangala As of the end of 2025, only 45.3% of the 242,417 registered entities have declared their beneficial owners as required by law, an increase from 33% in 2024. The Business and Intellectual Property Authority (BIPA) shared this update during a media engagement this week. Since 2023, the Beneficial Ownership (BO) declaration has […]
Ondangwa Sports Stadium Needs N$60-70 Million This Year
By: Loise Shiimi According to Ondangwa Town Council chief executive, Ismael Namgongo, the ongoing developments at the Ondangwa Sports Stadium are projected to require between N$60-70 million this year. Namgongo explained that this funding will cover several key enhancements, including the construction of toilet facilities, concrete work, a pavilion, an athletic track, grass planting, and […]