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Bank of Namibia Governor Johannes !Gawaxab has cautioned that the economic fallout from renewed United States of America trade tariffs imposed under president Donald Trump’s administration, coupled with the uncertainty surrounding tariff details, will adversely impact sectors such as diamonds, marble and manufacturing. Tariffs are defined as taxes charged on goods bought from other countries....
The love between Namibian fans and South Africa’s iconic Dalom Music family continues to grow. This year’s visit will be bigger and better. Bosslady Sylvia Tshanda said after a memorable 2024 tour stop in Windhoek and Katima Mulilo with just the Dalom Kids, the legendary Dalom Music family is returning to the Zambezi region...
In Namibia, conversations about bullying often remain in the shadows, rarely discussed unless tragedy strikes close to home. Sandra Nakashole, a 21-year-old third-year student at the Namibia University of Science and Technology (NUST), said silence is no longer anoption. From her earliest school days, she has been subjected to both physical and cyberbullying, targeted for...
B2Gold Namibia announced that it contributed a total of N$2.4 billion in direct taxes to the government in 2024. This represents 57% of its N$4.1 billion profit before tax. When combined with indirect taxes and corporate social responsibility (CSR) spending, the company’s total contribution to government reached 61% of its pre-tax profit. The mine last...
Bilateral trade between China and Namibia reached approximately US$1.3 billion in 2024, emphasising a robust and growing partnership between the two countries. With China’s continued commitment to expanding trade with Africa, officials hinted at even greater economic cooperation soon. China’s ambassador to Namibia Zhao Weiping made these remarks during a courtesy call on President Netumbo...
A much-talked-about N$37 billion smart rail project proposed for northern Namibia remains in the early stages of consideration, with no investment formally secured yet, and no tenders awarded. The Namibia Investment Promotion and Development Board (NIPDB) has clarified its position on the project, emphasising that while it supports and facilitates potential investments, it does not...
Namibia has taken a step towards the future of sustainable industrial production with the inauguration of the HyIron Oshivela plant on Friday. The plant produces Direct Reduced Iron (DRI), and is the first of its kind in Africa to operate using Green Hydrogen, thus positioning Namibia at the forefront of a global push to decarbonise...
The Namibian Hair and Beauty Awards recently honoured the country’s outstanding talent in the beauty industry. Organised by hairstylist Peace Ncube, also known as ‘Nocky’, the event gathered professionals, influencers, and enthusiasts to celebrate excellence across 14 categories, including hairdressers, make-up artists, barbers, and nail technicians. Nocky, a two-time award-winning hairstylist, explained how the idea...
The Namibian Society of Composers and Authors of Music (Nascam) has increased funeral benefits to support members during challenging times. Sula Kyababa, Nascam’s outgoing chairperson, said the adjustment will ensure a more dignified farewell for deceased members. The funeral benefit increased from N$3 500 to N$15 000. In addition to the funeral benefit, the board...
As part of its ongoing commitment to enhancing the domestic economy, the Namibia Grape Company (NGC) handed over its first-ever dividend payout of N$10 million to its shareholder, the National Youth Service (NYS). The handover ceremony took place yesterday at Hilton Hotel in Windhoek. Yesterday’s N$10 million dividend brings to a total of N$18 million...