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NSFAF collects less than 1% of N$10 billion loan book

Justicia Shipena The Namibia Students Financial Assistance Fund (NSFAF) recovered less than 1% of student loans during the financial year that ended in March 2024. According to the latest audit ...
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Health ministry burns N$54 million in dubious deals

Hertta-Maria Amutenja The Ministry of Health and Social Services spent over N$54.8 million through irregular emergency and direct procurement, despite laws limiting these methods to exceptional sit...

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‘I don’t report to Sankwasa’ – Ndeutapo

Allexer Namundjebo The former mayor of Omuthiya, Johannes Ndeutapo, says he is still a duly elected councillor.  This comes despite reports claiming he has been dismissed by Urban and Rural...
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Only 42 earth dams built in four years

Allexer Namundjebo Since 2020, the ministry of agriculture, water and land reform has built 42 earth dams.  These include 16 in Oshana, 10 in Ohangwena, three in Oshikoto, two each in Harda...
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Digital ID card rollouts begin

Niël Terblanché The ministry of home affairs, immigration, safety and security has announced the launch of the country's first electronic identity card (e-ID), with the official roll-out event set ...
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Namport supports sign language App development

Niël Terblanché The Namibian Ports Authority (Namport) has partnered with the Namibian National Association of the Deaf (NNAD) to support the creation of a locally designed mobile application for s...
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Kapofi denies corruption in defence tenders

Niël Terblanché Defence and veterans affairs minister Frans Kapofi has dismissed claims of corruption in the ministry’s procurement processes, stating that all acquisitions follow legal procedures ...
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NNN to attend U.S.–Africa Business Summit in Angola

Niël Terblanché President Netumbo Nandi-Ndaitwah will lead Namibia’s delegation to the 2025 U.S.–Africa Business Summit in Luanda, Angola, this week. The summit is hosted by the Corporate Counci...

MONEY

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Strong capital buffer puts SBN ahead in energy financing

Justicia Shipena Standard Bank Holdings Namibia (SBN) is set to benefit from big spending plans in the oil and renewable energy sectors, thanks to its early involvement and in-house deal-making cap...
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Electric vehicles spark new direction for auto market

Justicia Shipena Rising fuel prices and concerns about the environment are pushing the need for better support for electric vehicles (EVs) in Namibia. A May 2025 report by Simonis Storm Securiti...
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ANIREP fulfills conditions to take over CERIM

Chamwe Kaira Alpha Namibia Industries Renewable Power Limited (ANIREP) has fulfilled all conditions for acquiring a 45% stake in Cerim Luderitz Energy (Pty) Ltd for N$60 million. The company con...
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GIPF’s housing scheme in final stages

Chamwe Kaira The Government Institution Pension Fund (GIPF) is finalising a Memorandum of Understanding (MoU) with the Office of the Prime Minister for the Pension Backed Home Loan Scheme (PBHL). ...
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Tariffs must be below import average tariffs

Observer Money (OM): Recently, the Electricity Control Board (ECB) said Namibia needs a power plant for base load generation. What would be the ideal capacity in the eyes of the ECB? Robert Kahimis...
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Walvis Bay leads April exports with N$5.6 billion

Chamwe Kaira Walvis Bay Harbour recorded exports worth N$5.6 billion in April, making it the top export point for the month.  Eros Airport followed with exports of N$2.4 billion, while the ...