Africa’s economic performance is showing signs of improvement but remains vulnerable to global shocks, according to the 2025 Macroeconomic Performance and Outlook (MEO) report released by the African Development Bank on Friday. The report, unveiled on the sidelines of the 38th Ordinary Session of the African Union Assembly in Addis Ababa, projects real GDP growth...
United Arab Emirates’ (UAE) clean energy leader Masdar, the decarbonisation arm of 2PointZero EPointZero and TotalEnergies, have signed a Framework for Action (FFA). The agreement will drive access to clean energy in emerging markets and developing economies in Africa and Asia. 2PointZero is a transformational global investment platform. The agreement follows UAE president Sheikh Mohamed...
On the sidelines of the 38th African Union Summit, African leaders discussed obstacles to the continent’s economic integration, underscoring visa-free movement to reduce illegal migration and strengthen official travel channels. The high-level dialogue, convened by the African Development Bank Group and the African Union Commission alongside the AU Summit, brought together trade ministers and business...
Responding to a massive public outcry on the persistent increase in electricity tariffs, government last year lent a much-needed helping hand and provided N$365 million subsidy for 2024/25. This injection of capital relief was intended to ease the rapidly-escalating cost of living for struggling Namibians. However, Electricity Control Board CEO Robert Kahimise yesterday disclosed that...
A contentious debate is set to unfold in the National Assembly following a bold motion by Landless People’s Movement (LPM) parliamentarian Utaara Mootu. It calls for the expropriation of land from foreign absentee landlords without compensation. Mootu’s motion challenges the principles of property rights protected under Article 16 of the Namibian Constitution, which guarantees people...
OTJONGOMBE – The Ovitoto garment factory, situated in Otjongombe village within the Omatako constituency, remains dormant and unoperational, some 10 years after it was constructed. The garment factory, which is under the auspices of the Namibia Industrial Development Agency (Nida), was inaugurated around 2015 and served as a beacon of hope for hundreds of young...
Victoria Immanuel Auleria Wakudumo ONGWEDIVA– Floods have severely affected the Omusati region, cutting off schools, clinics, businesses and other essential services. TheOutapiand Anamulenge constituencies are the most-affected. Omusati governor Erginus Endjala said authorities are closely monitoring the situation. “The government has put in place disaster risk management teams to assess the situation and take possible...
WALVIS BAY – Walvis Bay fisherman Robin Montgomery (59), who viciously attacked his wheelchair-bound sister-in-law and killed her cousin, was found guilty of murder and attempted murder yesterday. Montgomery lived with the two women, Erika Montgomery (his sister-in-law) and Maria van Zyl, at Rooibank, 60 kilometres outside Walvis Bay, when the gruesome murder took place...
Rudolf Gaiseb Close to 60% of Namibians in rural areas do not own a mobile phone, while only 15.1% own smartphones. This is revealed in the Namibia 2023 Population and Housing Census report released last year. In total, only 28.5% of Namibians – three years old and above – own smartphones countrywide. Namibia’s population peaked...
Uakutura Kambaekua OPUWO – The escalating demand for quality water and persistent scarcity issues have become a significant challenge for residents of Opuwo. They are calling for prompt and effective rectification. For the past 34 years, the rocky town has been grappling with water challenges due to scarcity, lack of quality water, and loss of...