26th March 2025  /  EAGLE FM

1. Namibia’s real GDP growth for 2024 came in at 3.7% year-on-year, slightly surpassing expectations of 3.5%. Overall, Namibia’s economy shows promise, driven by external investments, particularly in the resource and energy sectors, but faces challenges from domestic sector weaknesses. Economist Charles Karuru

2. The National Budget for the 2025/2026 financial year is set to be tabled in Parliament tomorrow, March 27, 2025, by the Minister of Finance and Social Grants Management, Erica Shafudah. With the new administration in power, all eyes are on what changes or continuity the budget will bring, especially regarding the allocation of funds across various sectors. What can we expect from this budget? Economist Nalisa Muyahi gives us some forecasts.

3. The Electricity Control Board (ECB) and NORED held crucial discussions yesterday afternoon regarding the alarming rise in electrocution incidents within the NORED operational area. This comes after a concerning increase in safety incidents, with a high number of fatalities reported in recent years. The NESC Working Group, chaired by the ECB, has organized multiple meetings with ESI licensees to identify ways to improve safety and reduce incidents. Vaino Stephanus Electrician.