A rising public wage bill acerbated by recent N$1.2 billion salary increments has forced government to seek containment measures and announce a recruitment freeze for the remainder of this financial year. In his midterm budget presentation last week, Finance Minister Iipumbu Shiimi highlighted that in light of the wage billContinue Reading

…as NAMDIA sets news pathways for growth, diamond price discovery Newly appointed Namib Desert Diamond (Pty) Ltd (NAMDIA) CEO, Alisa Amupolo has highlighted that in the next five years, NAMDIA will look to partnering with a unique and distinctive collection of industry players and leveraging on the global reservoir ofContinue Reading

The ministry of mines and energy (MME) has explained Namibia’s electricity imports dilemma which has seen the country importing 50-70% of its electricity annually. Executive Director in the ministry, Simeon Negumbo speaking on behalf of mines and energy minister, Tom Alweendo at the inauguration of Osona Village’s electricity upgrade fromContinue Reading

Having handed over 40 completed houses in Otjiwarongo recently, NHE last weekend handed over 81 more houses in Outapi in yet another housing miles stone that will contribute to the reduction of the national housing backlog. Urban and rural development minister, Erastus Uutoni at the handover event expressed delighted toContinue Reading

By John Steytler It seems as if Namibia has a bit of a spring in its step, some swagger if you will. This could be because winter is behind us, however, I believe there’s another reason, and as an economist first and foremost, this reason pleases me. It is theContinue Reading