China has been Namibia’s second-largest trading partner for many years, and bilateral trade volumes between the two countries exceeded US$1.3 billion in 2023, with year-on-year growth of 16.5%.
Author: Maihapa Ndjavera (Maihapa Ndjavera )
NamPower requests 14.5% electricity tariff hike
Namibia Power Corporation (NamPower) has requested a 14.59% increase in electricity tariffs from the Electricity Control Board (ECB) for the 2024/25 financial year.
Finance ministry motivates N$8.1b budget…as Psemas reform progress at 50% to ensure sustainability
Last week, the finance and public enterprises ministry presented its N$8.1 billion budget to Parliament for consideration and approval.
Hinda-Mbuende worried profits are hurting consumers
Deputy finance minister Maureen Hinda-Mbuende is not impressed with the profits made by commercial banks at the expense of households, who struggle to keep up with the escalating cost of living.
Local uranium powers the world …as Namibia imports 70% of its electricity
Considering that Namibia is the world’s second-largest uranium producer, it is quite ironic that the country remains confronted with a persistent power supply deficiency which sees it annually importing some 70% of its electricity.
Omaheke pins hopes on uranium
There is no doubt that cattle breeding is the major agricultural industry in Namibia’s Omaheke region, where both commercial and communal farmers participate vigorously in animal husbandry.
Surging cyberattacks show need for robust security – Theofelus
With the rapid advancement of technology, the global cybersecurity landscape is continuously evolving and through these developments, new threats emerge on a regular basis.
Prepare for oil opportunities – Shiimi
NAMIBIA is falling behind in its readiness to enter a burgeoning oil and gas sector, according to Finance and Public Enterprises Minister, Iipumbu Shiimi, who says the country must adequately prepare to fully reap the benefits of a lucrative hydrocarbon industry.
Alweendo rubbishes corruption allegations
CORRUPTION in the oil and gas business is a critical issue that affects many resource-rich countries.
Namibia seeks to improve air access
Namibia intends to improve air connections to and from the country. This came to light yesterday, when the Namibia Airport Company (NAC) unveiled an initiative named ‘Air Connect Namibia’.