Government has reaffirmed that Namibia’s green hydrogen industry is expected to create 30 000 jobs by 2030 as the country pushes to position itself as a hub for green industrial development. The burgeoning green hydrogen industry has so far created more than 400 jobs. Deputy Minister of Industries, Mines and Energy, Gaudentia Kröhne, said green...
Many small businesses in Namibia have great ideas and well-written business proposals but still struggle to secure loans from commercial banks or the Development Bank of Namibia. For many entrepreneurs, the challenge is not only having a business idea. Banks and financial institutions want to see whether the business can survive, grow and repay the...
For 20 years, Seleste Shalongo has stood behind her small food stall in Grootfontein, selling kapana, cooked food and cabbages to support her family. Every morning, she wakes hoping for customers. Every evening, she worries about how she will provide for her two children. Shalongo, who was born and raised in Grootfontein, said that running...
The domestic economy contracted during the final quarter of 2025 as weak diamond production, slowing global growth and rising geopolitical tensions weighed heavily on economic activity. This is according to the latest Financial Stability Report released last week by the Bank of Namibia and the Namibia Financial Institutions Supervisory Authority (Namfisa). The financial stability report...
The rise of ‘order-with-me’ businesses has given many Namibians a way to earn a living in a tough economy. Using social media, small traders import clothes, cosmetics and other goods for customers. But many say that high import charges, border delays and the confiscation of goods are making it harder to survive.Business journalist Priscilla Mukokobi...
The rising global tensions are starting to hit Namibia’s economy, pushing up fuel and food prices and placing new pressure on households, businesses, and government finances. This was said at a high-level policy dialogue hosted by the United Nations in Namibia, where officials warned that events far from Namibia are now affecting daily life at...
Every weekday, from morning until late afternoon, Ryan Raatz stands in front of Woermann Hyper, turning sausages on a small grill. Smoke rises as he prepares his speciality chakalaka hot dogs for passing customers. “This is my small business. I call it Street Dogs. You’ll find me here Monday to Friday, nine to five,” he...
Almost one million Namibians are still living in informal settlements, with the dream of owning a proper house out of reach for most families. Figures show that about 42% of the population still live in shacks or informal areas. At the same time, only 1.7% of people can afford a house at an average national...
GOBABIS – Poultry farming is becoming a lifeline for many young Namibians as jobs remain scarce and the cost of living continues to rise. In the Omaheke region, Sheirly Katuuo is among those turning to agriculture to earn a living and support their families. The Namibia University of Science and Technology student runs a small...
Namibia is becoming an increasingly attractive destination for energy investment. However, experts say that success depends on understanding the country’s laws and regulatory environment, as well as how deals are structured. Namibia’s energy sector is governed by a range of laws and regulations designed to support investment and ensure sustainable development. Key legal frameworks include...