“Namibia is emerging as a strategic node in a Southern African Energy Corridor – a system with the potential to link minerals, offshore energy, and infrastructure into a platform capable of supporting global supply chains.” – U.S. Ambassador to Namibia John Giordano On the eve of the Namibia International EnergyContinue Reading
In an unusual twist that economists are interpreting as a sign of resilient domestic demand, Namibia’s core inflation rate has overtaken the headline figure for the first time in recent memory, according to the Namibia Consumer Price Index (NCPI) bulletin released for March 2026. While the overall annual inflation rateContinue Reading
Electronic funds transfer fraud in Namibia surged by nearly 82 percent in a single year, reaching N$52.9 million in 2025 from N$29.1 million in 2024, according to the Bank of Namibia’s annual report released last week. The dramatic spike, driven by sophisticated phishing and “wishing” scams, has exposed vulnerabilities inContinue Reading
In a bold strategic pivot, Namibia is harnessing geopolitical instability and global market disruptions to accelerate its transformation from a net energy importer into a regional energy leader, according to the 2026/27 budget presented to the National Assembly by Minister of Industries, Mines and Energy, Modestus Amutse. While the MiddleContinue Reading
Forsys Metals has reported progress towards its goal of uranium production in Namibia, highlighting improved cost management and encouraging drilling data. Despite these developments, investor sentiment toward the company’s shares remained subdued following the release of its annual figures. The company’s net loss narrowed to CAD 1.99 million for theContinue Reading
On the 27 March 2027, the Development Bank of Namibia (DBN) disbursed N$1 billion towards the development of critical national healthcare infrastructure programme, marking a significant milestone in strengthening Namibia’s health system. The programme forms part of Government’s “ROADMAP” initiative, spearheaded by the Ministry of Health and Social Services andContinue Reading
The Government Institutions Pension Fund (GIPF) has announced a monthly pension benefit increase of 5%, effective 01 April 2026 for all GIPF pensioners, and qualifying spousal and child beneficiaries. Pensions in payment or deferment for less than a year as of 31 March 2025 preceding the increase date will receiveContinue Reading
Despite a modest uptick in occupancy rates and a sharp increase in rooms sold, Namibia’s hospitality sector is staring down a potentially protracted downturn that extends far beyond the traditional low season, according to the latest Namibia Hospitality Statistics – February 2026 report released by Simonis Storm Securities. While theContinue Reading
Despite a headline slowdown in overall economic growth, Namibia’s economic engine is quietly being retooled by a surge in digital connectivity, a renaissance in local electricity generation, and a rebound in civil engineering, signaling a structural transformation that bodes well for the nation’s long-term resilience. According to the Annual NationalContinue Reading
The Ministry of Industries, Mines and Energy (MIME) has officially launched its 2025-2030 Strategic Plan, framing the document not merely as a policy roadmap but as a binding instrument for execution and accountability, with Minister Modestus Amutse warning that a failure to define roles within the public service leads directlyContinue Reading
