Year: 2026

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Creative  industry  gets  boost …Film and Creative City approved 
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Creative  industry  gets  boost …Film and Creative City approved 

Namibia’s creative industry is gaining traction, with increased film activity creating jobs and bringing new income into the economy. President Netumbo Nandi-Ndaitwah said in her state of the nation address that, between April 2025 and March 2026, Namibia attracted 59 foreign film projects, while local filmmakers produced 36 films. “These activities created 1 240 temporary...

CRAN injects N$32m to advance NDP6 connectivity targets
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CRAN injects N$32m to advance NDP6 connectivity targets

The Communications Regulatory Authority of Namibia (CRAN) continues to advance Namibia’s digital inclusion agenda by implementing the Universal Service Fund (USF) Phase 2 project. This initiative directly supports the priorities of the Sixth National Development Plan (NDP6), which identifies digital infrastructure and universal connectivity as key enablers of inclusive economic growth, improved public service delivery...

PPS Namibia allocates N$367.3m in profit-share
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PPS Namibia allocates N$367.3m in profit-share

PPS Insurance Namibia has allocated a record N$367.3 million to members’ PPS Profit-Share Accounts.  This is the highest Profit-Share allocation in the history of PPS Insurance Namibia and adds to the accumulated N$1.8 billion in Profit-Share to members during the last decade.  The PPS Profit-Share Account reflects the accumulated value of annual profit allocations made...

Namibia looks to China for renewable energy solutions
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Namibia looks to China for renewable energy solutions

Namibia has sent a high-level team to China this week as part of efforts to grow its renewable energy sector and support green industrial development. The visit to China is funded by the Global Wind Energy Council, an international body that represents more than 1 500 companies in over 80 countries. The delegation was led...

CPBN tightens grip on procurement amidst transparency concerns
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CPBN tightens grip on procurement amidst transparency concerns

The Central Procurement Board of Namibia (CPBN) has moved to overhaul how bid evaluators are appointed.  This was done by introducing stricter procedures in what appears to be a direct response to mounting public pressure for transparency, accountability and delays in the country’s public procurement system.  In a statement issued this week, CPBN spokesperson Johanna...

NamPower lists N$5b note on NSX …marks significant milestone in utility’s financing journey
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NamPower lists N$5b note on NSX …marks significant milestone in utility’s financing journey

Namibia Power Corporation (NamPower), in partnership with its two co-lead arrangers, Cirrus Securities and Nedbank Namibia Limited, yesterday successfully listed a N$5 billion Domestic Medium-Term Note (DMTN) Programme on the Namibia Securities Exchange (NSX).  The N$5 billion medium-term note programme has been specifically designed to allow a range of notes to be issued under it. ...

US Democrats file impeachment articles against Hegseth 
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US Democrats file impeachment articles against Hegseth 

WASHINGTON – US House Democrats introduced six articles of impeachment against Pentagon chief Pete Hegseth on Wednesday, accusing him of “high crimes and misdemeanours” including waging war on Iran without congressional approval. The impeachment resolution is led by Yassamin Ansari, a Democratic Congresswoman from Arizona, and has slim chances of passing due to the Republican...

5 000 oil jobs in the pipeline
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5 000 oil jobs in the pipeline

With an estimated 5 000 jobs expected from the development of Namibia’s offshore oil resources, President Netumbo Nandi-Ndaitwah yesterday hosted Mike Sangster, Vice President of TotalEnergies, at State House. The President pushed for urgent public awareness as the company reported progress on major offshore discoveries expected to transform the country’s economy. The high-level engagement comes...