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Mbumba Calls for UN Security Council Reform
By: Justicia Shipena President Nangolo Mbumba has called for concrete outcomes from the upcoming Summit of the Future, specifically advocating for reforms to the United Nations Security Council. Mbumba stressed the need for changes in the structure and operations of the Council to enhance its effectiveness and representation. Speaking at […]
Namibia Rugby Union Caps Off a Successful Season
By: Hee-Dee Walenga The Namibian Rugby Union season came to a thrilling close on Saturday at the Hage Geingob Stadium, with finals in the women’s, reserve, and premier leagues determining the champions in each division. The day kicked off with the Women’s League Final, where defending champions and undefeated Unam Steenbokkies […]
Without Mining, Namibia’s GDP Remains Stagnant Below N$131 Billion
By: Nghiinomenwa-vali Erastus An in-depth analysis of Namibia’s economic performance from 2015 to 2023 reveals that without contributions from the mining sector, the country’s economy has remained stagnant since 2015. The comparison, based on Namibia’s yearly Gross Domestic Product (GDP at market prices) data, highlights the country’s output over the years as an indicator […]
Active SIM Cards Decline by 5%
By: Fransina Nghidengwa The total number of active SIM cards in Namibia decreased by 5% during the second quarter of 2024 (1 April to 30 June), according to the Communications Regulatory Authority of Namibia (CRAN). This decline was primarily due to a 6% drop in prepaid SIM cards. Helene Vosloo, CRAN’s Executive of Economics […]
HDF says its Green Hydrogen Power Plant Could be Namibia’s Backup Energy Source
By: Nghiinomenwa-vali Erastus A company called HDF Energy Namibia’s which is venturing into the production of green hydrogen and related technologies says it is implementing a project with the potential of becoming the country’s quick-response power reserve. It says its project will potentially replace current carbon-intensive coal and diesel-driven backups. During a recent […]
Near Half-Century School Lacks Proper Infrastructure
By: Annakleta Haikera Shakashi Primary School in Kavango East, which has existed for 45 years, has never had adequate classrooms or proper infrastructure. Located about 60 km from Divundu in the rural area of Mukwe Constituency, the school struggles with a single teacher and only 23 learners, offering education from Grades 1 to […]
World Bank Appoints First-Ever Joint Resident Representative in Namibia
By: Dolly Menas The World Bank Group has appointed Mariama Cire Sylla as its first-ever joint Resident Representative for Namibia, effective October 1, 2024. This newly created position aims to consolidate the World Bank Group’s services, offering a unified approach to addressing the country’s development needs. A Guinean national, Sylla brings over […]
Govt Could Slash N$6.77 Billion in Bonds by 2025
By: Justicia Shipena The government is set to reduce its outstanding bonds by 2025, with N$6.77 billion currently owed on GC24, GC25, and GI25 bonds, according to a report from Simonis Storm Securities. This figure is expected to shrink further as upcoming GC25 switch auctions are held. In their report on fixed income […]
Global Food Prices Drop in August – FAO … sugar and meat costs fall
By: Justicia Shipena Global food prices saw a slight decrease in August, driven by significant drops in sugar, meat, and cereal costs, according to a recent report from the United Nations Food and Agriculture Organisation (FAO). The FAO Food Price Index, which monitors the monthly price changes of globally traded food commodities, averaged […]
Ghana Resumes Namibian Beef Imports After Long Hiatus
By: Nghiinomenwa-vali Erastus In June 2024, Ghana rejoined the list of African countries purchasing Namibian beef after a prolonged break, with some northern farmers calling the sudden stop“economic sabotage.” According to the Livestock and Livestock Board of Namibia’s July 2024 statistics, Ghana imported 22,581 kilograms of Namibian beef after a long pause. Before […]