The central bank has confirmed that Namibia has the money to repay its biggest-ever debt, the US$750 million (around N$13.5 billion) international loan that is due on 29 October 2025. However, the repayment, while good to boost credit for future loans, is expected to make a significant dent in the country’s foreign reserves. The Eurobond...
Sharon Zibo Limbo has been elected by entrepreneurs in the Katima Mulilo area as the new chairperson of the Namibia Chamber of Commerce and Industry (NCCI). She is deputised by Frankie Mwinga Ntemwa as the vice chairperson as elected during an Elective General Meeting (EGM) on 10 October 2025. The Katima Mulilo branch of the...
Erongo regional governor Natalia Gôagoses and Walvis Bay mayor Trevino Forbes have expressed strong support for a groundbreaking initiative that aims to ease trucking congestion at the harbour town. The initiative, known as the Walvis Bay Truck Park and Staging Area, was launched last week in Walvis Bay. It promises to ease the growing congestion...
The Namibia Chamber of Commerce and Industry (NCCI), in conjunction with entrepreneurs, have decided to re-establish the NCCI Divundu branch. The move, which was resolved after the chamber met with the Divundu business community on 9 October 2025, forms part of ongoing efforts to promote entrepreneurship and strengthen grassroots representation across the country. Following the...
In a bid to relief congestion and bring services closer to people, the Ministry of Works and Transport (MWT) has acquired land in Wanaheda for the construction of new Namibia Traffic Information System (NaTIS) offices. Making the announcement in Parliament on Wednesday, works and transport minister Veikko Nekundi said the new facility has already been...
Motorsport Expo 2025 is gearing up to ignite the Tony Rust Race Track with the biggest, loudest and most thrilling motorsport weekend of the year on 24 and 25 October. During the much-anticipated event, motoring enthusiasts can expect to be treated to incredible speeds, power slides, roaring engines and the smell of burning rubber. With...
//Kharas governor Dawid Gertze is supporting the call by the Construction Industries Federation (CIF) for the establishment of a Construction Council, which he said is a crucial development for his region. Speaking at a CIF Infrastructure Forum that concludes in Lüderitz today, he added that in the absence of a council, CIF membership should be...
As of today, until Saturday, adventure enthusiasts and motoring fans are in for a real treat when Ineos Namibia will be hosting an exclusive test drive. The test drive promises an unforgettable off-road experience to showcase the rugged capability, precision engineering and pure driving power of the Ineos Quartermaster and Ineos Grenadier that are purpose...
Namibia’s long – term economic success crucially depends on a well-managed and innovative transportation system. In this regard the newly appointed Transportation Commission is expected to play a critical role in achieving this goal through effective regulation, strategic oversight, and fostering industry innovation. The new appointments mark a new chapter for domestic transport governance, with...
The slow pace of global airplane production is estimated to cost the aviation industry more than US$11 billion (about N$189 billion) in 2025. Challenges within the aerospace industry’s supply chain are delaying production of new aircraft and parts, resulting in airlines around the world reevaluating their fleet plans and, in many cases, keeping older aircraft...