Author: Maihapa Ndjavera (Maihapa Ndjavera )

Finance and public enterprises minister Iipumbu Shiimi on Monday introduced the Banking Institutions Bill in the National Assembly, which is set to repeal the Banking Institutions Act, 1998 (Act No. 2 of 1998) as amended. 

The Affirmative Repositioning Movement, under the leadership of its activist, Job Amupanda, has demanded that Hyphen Hydrogen Energy immediately waives a payment requirement for government to obtain a 24% equity stake in the green hydrogen project.

Namibia’s hosting of the Africa Hospitality Investment Forum (AHIF) in 2024 stands as a strategic initiative in tackling Namibia’s socioeconomic challenges.

Namibian Ports Authority CEO Andrew Kanime shared his concern about the lack of collaboration between the industry and regulatory bodies as well as the lack of necessary infrastructure to help Namibia become the logistics hub it wants to be. 

Namibia Chamber of Commerce and Industry president Bisey /Uirab yesterday said there is a trend emerging of developed countries that favour and actively promote protectionism and regionalism. 

During the first quarter of 2023, the economy grew by 5% compared to 7.3% recorded in the corresponding quarter of 2022.

Those tasked with crafting the country’s next development plan should adopt innovative approaches, while optimising coordination and cooperation amongst stakeholders.  

Last week, government announced it would exercise its right to take up a 24% stake in the Hyphen Hydrogen Energy project at historical cost. 

The Communications Regulatory Authority of Namibia states that Namibia has observed a 6% increase in population coverage for 4G services during 2023.

Ministers have been working tirelessly the past months to ensure that the country meets the necessary requirements of the international watchdog, Financial Action Task Force, to avoid being greylisted.