Search in the website:
News / Page 24
EV Industry Warns Against Excessive Regulation
By: Justicia Shipena Electric vehicle (EV) industry experts are cautioning that excessive regulatory oversight and a lack of private sector engagement could hinder Namibia’s transition to electric mobility. Namibia’s plan to implement an EV charging infrastructure regulatory framework is set to commence in April 2025. The framework will outline installation conditions, regulatory requirements, […]
TVET Centres to Offer Diplomas to Meet Industry Demands
By: Uaueza Kanguatjivi Namibia is set to upgrade its Technical and Vocational Education and Training (TVET) centres from certificate programs to diploma-level education, aligning with industry demands and job creation goals. This was announced by Minister of Higher Education, Itah Kandjii-Murangi, during the launch of a TVET task force she established in collaboration […]
Non-Performing Loans Threaten Banks’ Stability
By: Justicia Shipena Economists are warning that the growing volume of non-performing loans (NPLs) in Namibia could destabilise the financial sector and jeopardise banks’ balance sheets. An increasing number of Namibians are defaulting on loans due to affordability challenges, with experts attributing the trend to prolonged economic difficulties spanning nearly a decade. By […]
Paratus Strengthens Its Cybersecurity After Cyber Attack
By: Justicia Shipena Paratus has announced additional investments in advanced cybersecurity solutions following a cyber attack that targeted its systems last week. The company stated that these investments are part of its proactive and continuous strategy to strengthen its cybersecurity posture. “To support these recovery efforts, we have made significant additional investments, since […]
Only N$78.7 Million Claimed from N$365 Million GRN Electricity Subsidy
By: Uaueza Kanguatjivi The Electricity Control Board (ECB) has disbursed only N$78.7 million to electricity distribution license holders from the N$365 million allocated by the government last year. The allocation for the 2024/2025 financial year, effective from 1 July 2024 to 30 June 2025, was intended to provide much-needed relief to electricity consumers […]
Windhoek Beer Returns to Kenyan Markets
By: Dolly Menas The Namibia Breweries Limited (NBL) will once again expand into the Kenyan market, in a move aimed at broadening its market reach and growing its products on international markets. This marks the third attempt NBL has established the presence of its brand in the Kenyan market after making its […]
EV Charging Infrastructure Framework Set for April Implementation
By: Uaueza Kanguatjivi and Dolly Menas The Electricity Control Board (ECB) CEO, Robert Kahimise, has announced that the implementation plan for Namibia’s Electric Vehicles (EV) Charging Infrastructure Regulatory Framework will commence in April 2025. Kahimise stated that the framework establishes installation conditions, regulatory requirements, and pricing mechanisms for EV charging stations. The move […]
Farmers Lose 443 Cattle to Lumpy Skin Disease … 1,564 clinical cases reported as the disease spread to eight regions
By: Annakleta Haikera and Nghiinomenwa-vali Erastus Namibian Farmers have lost 443 cattle due to Lumpy Skin Disease (LSD) to date, the Directorate of Veterinary Services (DVS) has revealed. The disease, which was first reported in Otjozondjupa in June last year, has now spread to eight regions, undoing livestock farmers’ recovery from the prolonged […]
Nam Urged to Extend Visa-Exemption To Entrepreneurs
By: Dolly Menas, David Shoombe Local business analysts have urged the recently announced agreement for mutual visa exemption between Namibia and China to expand beyond diplomats. Currently, the agreement is only for diplomatic passport holders and service officials between the two countries. The move has been welcomed, considering the Asian country remains Namibia’s largest […]
Half a Million Individual Clients Have Bank Loans
By: Nghiinomenwa-vali Erastus Of the 706,275 economic participants who borrowed money from commercial banks by the end of last year, around 555,098 are individuals clients. Data analysed from the central bank, however, indicates that some of these individual clients are struggling to service N$3.7 billion of the loans extended to them by the […]