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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...
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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...

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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...
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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...
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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...
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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...
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‘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...
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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...

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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...
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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...
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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...
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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...
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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...
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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...