Year: 2025

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City rules out blanket debt relief for pensioners
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City rules out blanket debt relief for pensioners

Lahja Nashuuta The dust refuses to settle between the City of Windhoek and its residents in the Katutura area. The municipality continues to ignore calls to end its controversial contract with RedForce Debt Management.  It has also rejected a universal municipal debt write-off for pensioners. The Khomas Ratepayers and Residents Association has written to Urban...

Angolan workers blamed for crime surge
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Angolan workers blamed for crime surge

Tensions are rising in the Ohangwena region as community members raise alarm over a surge in criminal activities allegedly linked to Angolan nationals. They are informally recruited to work in the area. The concern comes after Ohangwena governor Kadiva Diana Hamutumwa revealed that 4 907 criminal cases were recorded in Ohangwena between 1 April 2024...

Bank explains meaning of new N$1 coin …two hands exchanging coins symbolises the act of trade
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Bank explains meaning of new N$1 coin …two hands exchanging coins symbolises the act of trade

In response to growing backlash from certain sections of society regarding the recently introduced N$1 coin, the central bank issued a statement emphasising that the new currency actually represents trade and interaction between communities.  “The N$1 was designed to honour Namibia’s retail sector, a cornerstone of the national economy that empowers local businesses, sustains households,...

Pupkewitz Foundation’sN$10 million milestone pledge
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Pupkewitz Foundation’sN$10 million milestone pledge

The Pupkewitz Foundation, the community social investment arm of the Pupkewitz Group, last week made a milestone pledge of N$10 million over the next 12 months. The massive pledge formed part of the group’s centenary celebrations as it celebrates 100 years of doing business in Namibia.  The enormous commitment by the foundation signifies N$100 000...

BP makes largest oil, gas discovery in 25 years
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BP makes largest oil, gas discovery in 25 years

LONDON – Britain’s BP yesterday announced it made its biggest oil and gas discovery in 25 years off the coast of Brazil, as it shifts back to its fossil fuel business.  The discovery comes as a boost to the struggling energy major as it undergoes a major overhaul to focus on its more profitable oil...

Increased supply keeps August fuel prices unchanged 
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Increased supply keeps August fuel prices unchanged 

Increased supply from oil-producing countries around the world, coupled with weakened consumption stemming from economic uncertainties, are some of the factors that will see Namibian fuel prices remaining unchanged for August 2025.   In addition, a slight appreciation of the Namibia Dollar compared to the US Dollar helped cushion the impact of rising international diesel prices...

B2Gold Namibia readies for underground Antelope deposit 
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B2Gold Namibia readies for underground Antelope deposit 

Canadian miner, B2Gold Namibia has set its sights on the nearby Antelope Deposit as it continues to look for new projects in the country amid a scale down exercise at its Otjikoto Gold Mine by end 2025.  The scale down on employement will affect 400 jobs.  Located a mere four kilometres southwest of B2Gold’s existing...

Small-scale mining sector potential remains untapped …ministry eyes growth 
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Small-scale mining sector potential remains untapped …ministry eyes growth 

Lahja Nashuuta  Namibia’s small-scale mining (SSM) sector generates an estimated US$4 million annually, with a 2% royalty rate applied to semi-precious stone exports, according to the Ministry of Industries,Mines, and Energy.  The ministry says these royalties directly contribute to national revenue, while small-scale mining continues to play a critical role in grassroots poverty reduction and...

Ohorongo warns of cement industry overcapacity …wants export potential to form part of competitive landscape 
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Ohorongo warns of cement industry overcapacity …wants export potential to form part of competitive landscape 

Namibia’s largest cement manufacturer, Ohorongo Cement, remains adamant that the domestic market, in its current form, is not large enough to sustain two cement manufacturers. The reasoning is that Namibia currently has demand for about 600 000 tonnes of cement annually but has the capacity to produce some 2.5 million tonnes per annum, which means...