March 27
Namibia: Economy Shows Moderate Growth in 2023 - NSA
The Namibia Statistics Agency (NSA) released its 2023 Gross Domestic Product (GDP) and Economic Statistics report on Tuesday, revealing a steady but moderate growth trajectory for… Read more »
March 20
Namibia: Firstrand Namibia Group Presents Shareholder Dividends to Gipf
The Government Institutions Pension Fund (GIPF) has earned a tidy sum in shareholder dividends when they received a payment to the value of more than N$3.2 million from the… Read more »
March 08
Namibia: First African Peer Review for Namibia Launched
The first African Peer Review Mechanism (APRM) Country Review Report for Namibia was launched by the President H.E. Dr Nangolo Mbumba on Thursday at State House. Read more »
Namibia: FNB's Exchange Traded Note Opens Offshore Investing to Namibians
FNB Namibia launched its Exchange Traded Note (ETN) this week, which the bank said will allow Namibians to participate and access listed instruments in international companies like… Read more »
Namibia: Annual Inflation Rate for February Drops to Five Percent
The latest figures released by the National Statistics Agency indicate a notable decrease in the annual inflation rate for February 2024 compared to the same period last year. Read more »
February 16
Namibia: Scheduled Power Outage to Impact Windhoek and Surrounding Areas
The City of Windhoek has issued a notification regarding a scheduled power outage set to affect various neighbourhoods and establishments on 10 March, from 08:00 to 16:00. Read more »
February 12
Namibia: Swakop Uranium Foundation Donates to Westside High and Venessa Kindergarten
The Swakop Uranium Foundation recently made donations to Swakopmund's Westside High School and the Vennesa Kindergarten at handover ceremonies at both schools. Read more »
January 29
Namibia: Rental Market Exhibits Resilience in the Face of Economic Challenges
The FNB Rent Price Index has demonstrated remarkable resilience, remaining positive for two consecutive quarters after emerging from contractionary territory in March 2023,… Read more »
Namibia: Satellite Technology to Enhance Communication Services Under Spotlight
In a significant development towards improving communication services, the country is actively exploring the implementation of satellite technology. The Minister of Information and… Read more »
January 04
Namibia: Three-Month Grace Period for Mandatory SIM Card Registration
The Minister of Information and Communication Technology, Hon Peya Mushelenga has given mobile operators a grace period after recently extending the mandatory Subscriber Identity… Read more »
November 02, 2023
Namibia: An Opportunity to Deepen Trade and Investment Between the U.S. and Namibia
"The United States is all in on Africa." President Biden affirmed during the U.S.-Africa Leaders Summit last December. Read more »
October 23, 2023
Namibia: New Substation Project to Boost Bulk Electricity Supply in the Coastal Region
Last Friday, an executive announced that a new indoor substation with a 132/66/33kV capacity will be constructed outside Swakopmund's coastal town. Read more »
Namibia: The AfCFTA Presents Unique Collaboration Opportunities - Chapman
Bank Windhoek's Executive Officer of Retail Banking Services and Specialist Finance, James Chapman, said that the Africa Continental Free Trade Area (AfCFTA) presents a unique… Read more »
October 11, 2023
Namibia: 'Namibia Has Enough Uranium to Meet Energy Needs'
The Chairman of the Parliamentary Standing Committee on Natural Resources, Tjekero Tweya said that Namibia has natural resources that can mitigate its energy challenges when he… Read more »
October 04, 2023
Africa: African Airlines Record a Decline in Cargo Volumes in August
African airlines had the weakest performance in August 2023, with a 4.7% decline in cargo volumes compared to August 2022, according to the International Air Transport Association… Read more »
July 07, 2023
Namibia: Electricity Control Board Licensing Kickstarts Building of 100 MW Solar Plant
The Ohlthaver & List energy subsidiary, O&L Nexentury will soon start building a 100 MW solar power station near Windhoek, following approval of the company's generation… Read more »
July 05, 2023
Namibia: Rosh Pinah to Aussenkehr District Road Re-Opens
The Roads Authority (RA) has said that the road linking Rosh Pinah and Aussenkehr is now open to all traffic after being closed off for days due to rain and fog. Read more »
Namibia: China-Africa Economic and Trade Expo
The Namibia Investment Promotion and Development Board (NIPDB) represented Namibia at the 3rd China-Africa Economic and Trade Expo (CAETE) in Changsha City, Hunan Province - China,… Read more »
July 04, 2023
Namibia: Rosatom and Ylb Ink an Agreement On Cooperation in Lithium Mining and Production in Bolivia
Uranium One Group JSC, an entity of the ROSATOM Atomic Energy Corporation and YLB (Lithium Deposits of Bolivia, Yacimientos de Litio Bolivianos) Bolivian State Company late last… Read more »
Namibia: Close Corporation Amendment Bill Introduced By Trade Minister
The Minister of Industrialization and Trade (MIT) Hon Lucia Iipumbu recently introduced the Close Corporation Amendment Bill in parliament to modify the Close Corporation Act No.… Read more »
July 03, 2023
Namibia: We Want to Remain Open for Investment Says Namibia's Petroleum Commissioner
Namibia has quickly risen to become a highly attractive E&P market, with three major discoveries made in 2022 and 2023 incentivizing a strong slate of regional and global… Read more »
Namibia: Economy Expands At a Sturdy Pace in Q1 - Bank of Namibia
The economy in the first quarter of 2023 (Q1) expanded at a sturdy pace, the country's central bank said in the June 2023 quarterly bulletin. Read more »
Namibia: Ongwediva Annual Trade Fair Preparatory Committee Gets Boost From MTC
The Ongwediva Annual Trade Fair Preparatory Committee (OATFPC) recently received a boost of N$ 385,000 from mobile telecommunications company, MTC. Read more »
Namibia: Second Run of the Old Mutual Sustainable, Economic, and Empowerment Drive Launched
The Old Mutual Foundation, in partnership with the United Nations Development Programme (UNDP) Accelerator Lab, launched the second run of the Old Mutual Sustainable, Economic, and… Read more »
Namibia: Bank Windhoek Announces Fee Structure
Bank Windhoek announced its new fee structure, effective 1 July 2023. The fee structure considers the current economic outlook, and the impact of rising inflation and introduces… Read more »