Month: July 2025

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Financial strategy a development gateway
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Financial strategy a development gateway

The Bank of Namibia, in collaboration with the Ministry of Finance and the Namibia Financial Institutions Supervisory Authority (Namfisa), recently launched the Namibia Financial Sector Transformation Strategy (NFSTS) 2025–2035. The national strategy sets the course for a modern, inclusive, and future-ready financial system that serves the development needs of all Namibians. The strategy represents a...

Genocide haunts Shark Island 
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Genocide haunts Shark Island 

Ovaherero and Nama descendants of victims of the 1904/08 genocide have welcomed the ceasing of all tourism activities at Shark Island.  This development, they say, will make way for the conversion of the historic enclave into a fully-fledged heritage site under the National Heritage Council. Shark Island, one of Namibia’s most popular and attractive tourist...

Rural Zambezi grows 
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Rural Zambezi grows 

KATIMA MULILO – Major progress in rural electrification, road infrastructure, water services, housing and town development was recorded across the Zambezi region over the past financial year.  This revelation was made by regional governor Dorothy Kabula in her maiden State of the Region Address this week. These developments are part of the government’s broader efforts...

A weekend of drug busts
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A weekend of drug busts

Kaviveterue Virere The police have reported a wide range of cases of people who were found in possession of, distributing and dealing with illicit substances. The Namibian Police announced this in the weekend crime report. In Swakopmund, Mandume Ndemufayo Street, around 00h32. A 29-year-old Namibian male suspect was arrested after he was found in possession...

!Gawaxab calls for inclusive financial reform
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!Gawaxab calls for inclusive financial reform

Molley Weyulu  Bank of Namibia (BoN) governor Johannes !Gawaxab on Monday reaffirmed Namibia’s commitment to inclusive financial reform.  He said the country’s financial system is strong and well-positioned to drive transformation without risking stability.Speaking at the launch of the Namibia Financial Sector Transformation Strategy in Windhoek, !Gawaxab said key indicators such as capital adequacy, asset...

Officer testifies in ‘serial rapist’ trial
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Officer testifies in ‘serial rapist’ trial

A police inspector who was first on the scene in a rape incident in the Hoachanas settlement in the Hardap region, testified in the trial of a 45-year-old resident accused of a string of serious criminal charges on Monday. Jonas Murao, faces nine charges, including three counts of housebreaking with intent to steal and theft,...

Otjiwarongo man stabbed girlfriend 51 times
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Otjiwarongo man stabbed girlfriend 51 times

Iuze Mukube A resident of the DRC informal settlement in Otjiwarongo, has been found guilty of murdering his girlfriend by frenziedly stabbing her at least 51 times with a knife on 13 February 2022. Lolo Kambwela was convicted in the Windhoek High Court for murder and attempting to defeat or obstruct the course of justice...

Nam-China meat export takes shape
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Nam-China meat export takes shape

USAKOS – The meat export agreement between Namibia and China in May is fast taking shape, with the Chinese engaging stakeholders to facilitate the export of goat and sheep meat. This follows an agreement with the General Administration of Customs of the People’s Republic of China, which allows Namibia to export mutton and chevon (goat...