The social and economic ripple effects of the Universal Service Fund (USF) programme is expected to be substantial, including improved connectivity for schools that will benefit from reliable internet speeds of up to 35 Mbps. This is as the government continues to roll out the USF and has already allocated N$145 million to connect underserved...
Chinese automakers are gaining ground in the domestic market at an impressive pace as this segment of Namibian vehicle sales recorded 153 units in October. This translates into a 12% market share, which is more than double the 5% share posted in October 2024 and analysts expect this upward trend to continue. “Chinese brands are...
Reactions have been mixed since the announcement that Cabinet approved the establishment and name of Namibia’s new national airline, Namibia Air, that is scheduled to become operational in the next financial year with government as the sole shareholder. A technical committee of local aviation experts has been established to guide the establishment and operations of...
An analysis conducted by the Bank of Namibia shows that a lower inflation target of 3% in South Africa will lead to low and stable long-term inflation in Namibia, which is beneficial for price stability. The Bank of Namibia states that the eventual decline in inflation is expected to cause a reduction in interest rates...
Ministeris ǂNamipeb, Haiǂgās tsî !Narisarimas dis ge noxopa a ǁaxa, mâtikō ǀnōb di ǂkhôabab ǁnā !hūǂhuwiba Etosha !Hū!nāsi ǀGuru!hanab !nâ ge !aroma !khaisa. Nē ai!gûgaru ôa!nâdi xa ra !aromaheses ge, ministerisa noxopa ǁawosa marisa a mā ǁoa nē ǂkhôaba ǁkhawa nî !gâi!gâis !aroma nî ǂhâbasaba. Etosha ǀGuru!hanab ge ǁîb di 22 900m² kilometergu âb ǀkha,...
Cabinet has not approved a transaction for Namibia to purchase a part of the De Beers Group, the world’s leading diamond producer, which is currently owned by Anglo American (85%) and the Government of the Republic of Botswana (15%). This is despite a media report last week, titled ‘Cabinet agrees to De Beers equity acquisition’...
Land servicing activities that commenced earlier this year in some areas of the Khomas region have already resulted in over 2100 serviced sites. On these sites an estimated 2800 affordable housing units are to be built, with services ranging from consultancy to construction expected to cost around N$900 million. A statement issued by the Khomas...
The Ministry of Environment, Forestry and Tourism is still assessing the full financial requirement of the recent devastating veld fires in the Etosha National Park based on the damage recorded. Due to this ongoing assessment the ministry is not yet able to stipulate the exact investment necessary to repair vital infrastructure and related improvements to...
Namibia’s motoring fraternity’ is set for a major shake-up, as LDV’s highly anticipated Terron 9 bakkie and D90 SUV prepare to make their official local debut within the next month. The two models, which drew widespread attention at the recent Motoring Expo 2025 in Windhoek, promise to deliver a new level of style, power and...
Namibia must continue to plan, structure, manage and develop an energy sector that is capable of supporting and responding to domestic development aspirations, both today and in the future. In this regard, Namibian businesses should continue harnessing locally available resources, such as solar, biomass reserves and an excellent wind regime, for the benefit of all...