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Business

Namibian Civil Technicians Eager to Upgrade Railway System

20 April 2025

By: David Shoombe Namibian civil technicians and engineering students are calling for urgent upgrades to the country’s railway infrastructure. They emphasised its ability to drive national development, alleviate road congestion, and provide job opportunities for the youth. Ismael Sefanya, a technician and civil engineering student at the Namibia University of Science and Technology (NUST), said […]

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MTC Expands with 37th Mobile Home in Oshikoto Capital

20 April 2025

By: Staff Writer Residents of Omuthiya and surrounding villages will now have direct access to MTC services, as Mobile Telecommunications Limited (MTC) prepares to open its first mobile home in the town. In a statement this week, MTC announced that preparations are at an advanced stage to launch the new outlet — its 37th nationwide […]

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European Firms Target N$430 Billion Investment in Namibia’s Green Hydrogen

15 April 2025

By: David Shoombe At least seven European companies are seeking to invest in Namibia’s burgeoning green hydrogen sector, with a projected investment pipeline exceeding €20 billion (N$430 billion). This was revealed by Ana Beatriz Martins, European Union Ambassador to Namibia, during the official opening of the HyIron Oshivela Plant over the weekend. The HyIron Oshivela […]

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Namibia and Lesotho Eye Opportunities in the Automotive Industry

13 April 2025

By: Dwight Links Namibia and Lesotho are actively exploring ways to tap into the potential of the automotive manufacturing sector. Both countries, under the support of the United Nations Economic Commission for Africa (UNECA), are working to deepen their industrial development through this key sector. Olayinka Bandele from UNECA highlighted that the commission is providing […]

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N$60.8 billion for Public Procurement in 25/26 FY

6 April 2025

By: Nghiinomenwa-vali Erastus For this financial year (2025/26) the government will procure N$60.8 billion worth of goods and services under the operational and capital budget. This is from the N$96.8 billion operational and development budget as tabled by the country’s treasured financial planner, Ericha Shafudah, at the end of March 2025. The remainder of this […]

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Unpaid Import Bills Threaten Business Operations for 5,000+ Importers

3 April 2025

  By: Nghiinomenwa-vali Erastus More than 5,000 importing individuals and businesses are at risk of having their import accounts suspended if they do not settle their import debt or make payment arrangements. The Namibia Revenue Agency (NamRA) announced this week. This comes after the agency found that the modality of deferring import value added tax […]

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N$37 Billion Smart Rail Project Planned for Northern Namibia

2 April 2025

By: Justicia Shipena Afrail Inc., a subsidiary of New York-headquartered Abba Platforms Inc., secures approval from the Namibia Investment Promotion and Development Board to develop an urban rail transit system in Northern Namibia. The ambitious project aims to enhance connectivity across Oshakati, Ongwediva, Ondangwa, Eenhana, and Oshikango through the deployment of AfrailX, a modern and […]

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8 Years Later and No Final Product on Ongwediva Meat Processing Plant

30 March 2025

By: Uaueza Kanguatjivi The Parliamentary Standing Committee on Economics and Public Administration has called for the expedited construction of the Ongwediva Meat Processing Plant. The committee cited the critical role of the processing plant in addressing challenges faced by the livestock market in Namibia’s Northern Communal Areas (NCAs). The recommendation forms part of the committee’s […]

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MTC’s Invest N$1.4 Million in Bursary Program

25 March 2025

By: Loise Shiimi   In a continued effort to support education and skills development in Namibia, Mobile Telecommunications Limited (MTC) has awarded bursaries worth N$1.4 million to six students pursuing higher education. The announcement was made on Wednesday during the company’s annual bursary handover ceremony. The bursary recipients are enrolled in various fields, including Accounting, […]

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Analysts Warns of Skills Gap in Emerging Industries

18 March 2025

By: David Shoombe Economist Salomo Hei has cautioned that Namibia’s emerging industries, such as oil and gas, require a highly skilled workforce, emphasising the need for young people to pursue education in science, commerce, and mathematics. “Industries such as oil and gas need an educated and highly sophisticated labour force. If we don’t push for […]

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