By: Dwight Links International Relations and Trade Minister Selma Ashipala-Musavyi Namibia has only issued nine Certificates of Origin for exports to destinations including Ghana, Kenya, and Nigeria. Speaking at the annual Theo-Ben Gurirab Lecture Series, the minister made mention of various developments in continental trade progress. Over 8,500 AfCFTA certificates of origin […]
By: Nghiinomenwa-vali Hangala The Bank of Namibia on Wednesday received 108 bids, worth N$950.9 million, as investors sought to switch their money from the GC27 bond. This comes after the Ministry of Finance invited various investors (individuals and institutions) to switch their N$6.6 billion investment in the GC27 Bond. According to […]
By: Dwight Links The 52nd session Universal Periodic Review (UPR) Working Group was recently held by the UN Human Rights Council in Geneva, Switzerland. During the session, a Namibian delegation reported on the country’s human rights interventions and improvements since independence. The delegation of nine experts was led by Justice and Labour Minister […]
By: Nghiinomenwa-vali Hangala Monthly, more than 70% of the country’s power generation comes from the Ruacana Hydroelectric Power Station, which is fed by the water flow from Angola. A reduction in the water flow at the power station could flip the country’s generation capacity to a net importer. Moreover, the reduction […]
By: Hee-Dee Walenga TotalEnergies Namibia has committed to making use of local transport companies in the oil sector, while advising them to position themselves by ensuring compliance with various requirements. TotalEnergies lead for contracts and procurement engineer and local content, Veronica Mungonena, stated that between 2022 and 2025 TotalEnergies has drilled 7 wells […]
By: Dwight Links Namfisa’s general manager for legal services, Nolan Swartz, explained that they have led a coalition of organisations and ministries to develop the Consumer Credit policy a couple of years ago. These included the Ministry of Finance, the defunct Ministry of Industrialisation & Trade, Bank of Namibia (BoN), the Financial […]
By: Nghiinomenwa-vali Hangala For the first three months of 2026 (Q1), producers have sold 52,975 cattle head to abattoirs and external markets, reflecting a 19.7% increase, compared to 44,266 head marketed in the corresponding period for 2025. Of the total cattle brought to the formal market, only 1,625 head came from north […]
By: Nghiinomenwana-vali Hangala Operators and tier 1 service companies in the oil and gas industry have been instructed to build capacity in local companies for procurement and vendor onboarding processes, and to mentor local entrepreneurs to enable them to participate in the full oil and gas value chain. Modestus Amutse, Minister of […]
By: Dwight Links The Hospitality Association of Namibia (HAN) is seeking clarity from the Namibian Competition Commission (NaCC) regarding an investigation into a specific joint-venture model employed in the northwestern part of the country. Earlier this week, HAN CEO Gitta Paetzold indicated that the association, along with other partner private sector organisations, were worried […]
By: David Shoombe The International Monetary Fund’s Regional Economic Outlook of Sub-Saharan Africa for April 2026 advised oil importers to prioritise social and developmental expediture as a means of protecting the most vulnerable from high living costs as a result of geopolitical tensions. The IMF says that a 20% rise in global food […]