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Australian Company Joins Madison in Cobra Uranium Project
By: Staff Writer Australian firm Star Minerals has teamed up with Canadian mining company Madison Metals to advance the Cobra Uranium Project near the Rossing Uranium Mine in Namibia’s Erongo region. The project is estimated to contain 15.6 million tonnes of mineral resources, with a grade of 260 parts per million, equating to […]
Over 1.2 Million Namibians Face Severe Food Insecurity
By: Hertha Ekandjo A recent report from the Integrated Food Security Phase Classification (IPC) paints a grim picture of Namibia’s worsening drought crisis, projecting a sharp increase in food insecurity over the coming months. Currently, more than 38% of Namibia’s population is experiencing severe food insecurity, a number expected to rise significantly. By […]
Construction Surge in August: Highest Property Additions in Windhoek Since 2022
By: Abigail Nalisa August 2024 saw a significant increase in building plans approved by the City of Windhoek, with 201 plans cleared, up from 163 in July. This surge, highlighted in a recent IJG Namibia report, marks the highest number of property additions since October 2022. The report details that 166 property additions […]
Low Apple Yields Linked to Poor Agro Practices and Limited Resources
By: Loise Shiimi Namibia’s apple production has been lagging, forcing the country to rely on imports to meet local demand. In July 2024 alone, Namibia imported fresh apples worth N$10.1 million, while exporting only N$300,000 worth. Farmers believe that apple production will improve once they are equipped with the necessary resources. Asser Nghipewa, […]
Drought Takes Heavy Toll on Southern Namibia’s Tourism
By: Hileni Inane The ongoing drought has severely impacted tourism activities in southern Namibia, driving tourists to seek leisure elsewhere. Last month, Simonis Storm Securities reported that the southern regions had the lowest occupancy rates in the country for July, at 56.5%, below the national rate of 59.7%. Namibia Wildlife Resorts (NWR) […]
NIPDB Claims Billions in FDI Would Be Zero Without Its Role
By: Justicia Shipena The Namibia Investment Promotion and Development Board (NIPDB) claims that Foreign Direct Investment (FDI) over the last three years would have been nonexistent without its intervention. “For the past three years, FDI has reached billions, higher than any year since 2009,” said NIPDB CEO, Nangula Uaandja. She revealed that in […]
Etango Uranium Output Can Power 8 Large Nuclear Reactors
By: Nghiinomnwa-vali Erastus Etango Uranium, a uranium mine under construction in the Erongo Region with the capacity to produce an annual output of 3.5 million pounds (Mlbs) of uranium oxide (U3O8) has the potential to power 7 to 8 large nuclear reactors. This was revealed in a recent presentation prepared for […]
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 […]