Blog

Niël Terblanché The Namibian Ports Authority (Namport) recorded a 4.8% increase in cargo throughput for the financial year ending 31 March 2025.  A total of 8.42 million tonnes moved through the Ports of Walvis Bay and Lüderitz, up from 8.03 million tonnes the previous year. Elias Mwenyo, Namport’s commercial executive, said in a statement on Tuesday that the growth reflects strong performance across various cargo segments. “The growth demonstrates the sustained strength of Namport’s operations across bulk, break-bulk, containerised, and liquid cargo segments and is attributed to continued cargo diversification, targeted infrastructure enhancements, and strategic partnerships with key industry stakeholders,"…

Justicia Shipena  Namibia’s foreign exchange reserves grew by 6.6% in April 2025, reaching N$63.6 billion.  This means the country now has enough money saved to pay for about 4.2 months of imports or 5.1 months if one excludes special oil-related imports that are funded from outside. Simonis Storm Securities revealed this in its April 2025 report on private sector credit extension released on Monday. According to Simonis Storm Securities, the rise in reserves is good news for Namibia. “The recovery in reserves reverses the sharp decline seen in March and helps restore external buffers. This improvement strengthens the credibility of…

Justicia Shipena The Capricorn Foundation has committed N$2 million to fight malnutrition in the country through two partnerships.  It will contribute N$600,000 to the Gondwana MealforTwo Programme and N$1.4 million to Genesis Namibia, focusing on the Omaheke Region. The Omaheke region has been hard hit by malnutrition.  In August last year, Governor Pijoo Nganate said the region recorded 30,219 malnutrition cases and over 800 deaths in two financial years.  In January of this year, the governor's office and commercial farmers provided 21 goats to support nutrition efforts in the region. The Capricorn Foundation’s new support builds on an earlier partnership…