Search in the website:
Namibia / Page 2
Analysts Warns of Skills Gap in Emerging Industries
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 […]
Public Drowning in N$3.5 Billion Utility Debts
By: Nghiinomenwa-vali Erastus Namibians through their local authorities and private consumption together owe N$3.5 billion in water and electricity bills by the end of February 2025. A chunk of this is unpaid water bills standing at N$2.4 billion as revealed by the country’s bulk water supply company. On top of the unpaid water bills, […]
New N$230 million Benguela Marine Resources Project Launched
By: Justicia Shipena A new project aimed at enhancing ocean governance has been launched by the European Union (EU) and the German Federal Ministry for Economic Cooperation. The Blue Benguela Current Action Programme seeks to improve the sustainable management of the Benguela Current Large Marine Ecosystem (BCLME), a vital marine resource for […]
IUM Inaugurates N$45 Million Eenhana Campus
By: Loise Shiimi The International University of Management (IUM) on Tuesday inaugurated its N$45 million state-of-the-art campus in Eenhana, Ohangwena region. The investment is expected to reap socio-economic benefits for the town and region, with IUM founder David Namwandi stating that the goal is to make education accessible to all at an affordable rate. This […]
300 Potential Jobs Affected Over Alleged GIPF Investment Decision
By: Uaueza Kanguatjivi Investment company Baobab Capital says over 300 potential jobs will not materialise due to the Government Institutions Pension Fund (GIPF) terminating a N$140 million investment agreement four years ago. The company was deregistered by the Namibia Financial Institutions Supervisory Authority (Namfisa), with its directors accused of conflicting interests, abuse of power and […]
Shifeta Calls for Stricter Sand Mining and Waste Management Regulations
By: Justicia Shipena Environment and Tourism Pohamba Shifeta says there is a need to enforce policies to regulate sand mining and waste management under the Environmental Management Act. Sand mining has become a pressing issue, especially in northern Namibia. In recent years, residents have raised concerns over alleged illegal sand mining activities. Sand mining involves […]
Circulation Concerns Raised Over New N$60 Banknote
By: Uaueza Kanguatjivi Financial analysts have raised concerns over the circulation challenges the new N$60 banknote may pose, following its launch last week. The N$60 Dr. Hage Geingob commemorative bank note was launched to honour the late Head of State’s 60 years of service to Namibia, according to Bank of Namibia governor Johannes! Gawaxab. The […]
Windhoek Needs N$7 Billion to Solve Housing Woes
By: Justicia Shipena The City of Windhoek’s (CoW) housing crisis has intensified, with the municipality estimating that at least N$7 billion is required to address the growing demand for affordable housing. The City’s Strategic Executive for Housing, Property Management, and Human Settlement Faniel Maanda revealed this recently. Windhoek’s housing demand is soaring as people flock […]
N$62 Million Spent on Maerua Mall Expansion Project
By: Uaueza Kanguatjivi Oryx Properties has spent N$62.3 million on its Maerua Mall development project thus far, following N$38 million capital expenditure on the project during the six months between 1 July and 31 December 2024. The property firm has also made N$7 million in capital commitments towards the first phase of the Maerua Mall […]
Namdia Mum on Diamond Recovery Details
By: Justicia Shipena Namibia Desert Diamond (Namdia) says it cannot disclose where N$40.6 million worth of stolen diamonds were recovered as part of ongoing investigations. The SOE revealed on Thursday that it had recovered some of the N$314.9 million worth of diamonds that were stolen from its premises in January. “That is part of the […]