Doubt clouds Nida’s 35 000 job goal
Justicia Shipena
The Namibia Industrial Development Agency (NIDA)’s promise of jobs has been seen as far-fetched.
Recently, NIDA’s chief executive officer, Richwell Lukonga, announced several i...
Monday, May 19
Top Stories
Youth seek answers on B2Gold Funds
Allexer Namundjembo
Concerns have emerged over how the “Be Your Own Boss” youth empowerment programme in Otavi is being managed.
Sponsored by B2Gold Namibia with N$1.19 million, the program aims...
National
Ithete calls for overhaul of service delivery
Niël Terblanché
The deputy prime minister and minister of industry, mines and energy, Natangue Ithete, called for the transformation of his ministry into a model institution.
He wants it to deli...
Council split over Walvis Bay’s billion-dollar budget
Allexer Namundjebo
Two Walvis Bay Municipal Council members have rejected the proposed N$1.3 billion budget for the 2025/2026 financial year.
Councillors Ronald Bramwell and Ephraim Shozi said t...
Business owners call for rethink of Monte Christo road upgrade design
Justicia Shipena
Business owners along Peter Nanyemba Road, formerly Monte Christo Road, are calling on the City of Windhoek to reconsider aspects of the current road upgrade design, which they say...
Goal Maize fined N$300 000 for anti-competitive deal
Justicia Shipena
Maize meal producer Goal Maize CC will pay a fine of N$300 000 after the Namibian Competition Commission (NaCC) found that it has engaged in anti-competitive conduct through an exc...
‘Fishrot case ideal for international court’ – Advocates
Hertta-Maria Amutenja
Calls for an international anti-corruption court have grown stronger, with advocates pointing to the Fishrot scandal as a clear example of why such a court is needed to handl...
Namibia appeals to the EU to prioritise Gaza ceasefire
Justicia Shipena
As European Union foreign ministers prepare to meet later this month, Namibia is calling for decisive action to bring peace and end the humanitarian crisis in Gaza.
Namibia urg...
FEATURED
OPINION
MONEY
Govt eyes new eurobond
Chamwe Kaira
The government is considering issuing a new Eurobond or seeking a syndicated facility in 2026. However, analysts have urged caution due to the country’s heavy exposure to US dollar- an...
Oryx gets the green light to buy Safari Investments
Chamwe Kaira
Oryx Properties Limited has received approval from the Namibian Competition Commission to acquire 100% of Safari Investments Namibia (Proprietary) Limited. The approval, granted on 9 M...
SA getting lion’s share of dividends
Chamwe Kaira
South Africa remained the largest recipient of dividend payments in 2024, according to the Foreign Investment Report by the Bank of Namibia and the Namibia Investment Promotion and Dev...
Gecko Gold Mining wants a slice of mining boom
Chamwe Kaira
Gecko Gold Mining plans to explore copper, zinc, gold, and precious stones in the Otjozondjupa Region. The company aims to contribute to the country's socio-economic development throu...
Liquidity pressures cast shadow over NBL
Chamwe Kaira
Liquidity pressures are becoming clear in Namibia Breweries Limited’s (NBL) balance sheet, according to an analysis by Simonis Storm Securities. Bank overdrafts have risen to just ove...
Positive trade reforms on the horizon
Chamwe Kaira
Recent developments point to positive changes in the country’s trade environment, driven by targeted reforms and capacity-building efforts to improve efficiency, market access, and co...
