Namibia is channeling N$898 million into a sweeping digital transformation aimed at narrowing the stark urban-rural divide in internet access, a move poised to unlock economic opportunities for underserved communities. The budget, outlined by Minister of Information and Communication Technology Emma Theofelus, targets critical infrastructure gaps, cybersecurity, and media modernizationContinue Reading
Under the vast Namibian heavens, where the Etosha Pan stretches to touch the horizon and the stars are so close you feel you might catch them, a new chapter of Africa re-imagined is unfolding. Mokuti Etosha, one of the establishments of O&L Leisure (a subsidiary of the Ohlthaver & List/O&LContinue Reading
Pursuant to the appointment of Ingenesia Inge Zaamwani to the National Assembly, President Netumbo Nandi-Ndaitwah has appointed Zaamwani to the position of Minister of Agriculture, Fisheries, Water and Land Reform in terms of Article 32(3)(i)(bb) of the Constitution of the Republic of Namibia. Zaamwani brings a wealth of experience andContinue Reading
The Namibia Revenue Agency (NamRA) has uncovered a fraudulent scheme linked to the Mass Tax Refund Initiative currently being implemented. The detected scheme has resulted in the illicit payout of tax refunds of over N$666-thousand between January and April 2025, to 47 taxpayers. To date, a NamRA staff member hasContinue Reading
Namibia’s corporate sector has recorded a milestone in its post-pandemic recovery, with business overdraft facilities posting positive annual growth for the first time in over a year, signalling renewed confidence among firms amid broader credit expansion. According to the latest Private Sector Credit Extension (PSCE) report by Simonis Storm, overdraftContinue Reading
The Governor of the Bank of Namibia (BoN), Johannes IGawaxab, alongside Deputy Governors, Leonie Dunn and Ebson Uanguta, convened with President Netumbo Nandi-Ndaitwah last week in a high-level statutory meeting to address Namibia’s economic trajectory and strategic financial reforms. The engagement, attended by Vice President Lucia Witbooi, Deputy Prime MinisterContinue Reading
Namibia is positioning itself to revolutionize Africa’s aquaculture sector with ambitious plans to establish two large-scale salmon farms along its cold, nutrient-rich coastline. If successful, the projects could propel the nation to the forefront of Atlantic salmon production on the continent, leveraging cutting-edge Norwegian technology and strategic environmental advantages. TheContinue Reading
Namibia, like many nations reliant on regional trade frameworks, faces significant fiscal challenges due to the volatility of revenue from the Southern African Customs Union (SACU). During the recent parliamentary debate on the 2025/26 budget, Finance Minister Ericah Shafudah underscored the pressing issue of declining SACU revenues, a critical incomeContinue Reading
President Netumbo Nandi-Ndaitwah has emphasized the crucial role of human capital development in realizing Namibia’s ambitious energy goals. As the country seeks to establish itself as a significant player in the oil and gas sector, the development of a skilled workforce is not just a necessity; it is a fundamentalContinue Reading
Namibia’s Orange Basin has the potential to produce up to 47,000 barrels of oil per day (bopd) and generate trillions of dollars in revenue, according to Marcio Mello, Founder of Namibia Energy Corporation. Speaking at the Namibia International Energy Conference, Mello highlighted the potential of the Orange Basin to replicateContinue Reading
