BRUSSELS – The European Union (EU) yesterday sharply cut its eurozone economic growth forecast for 2025 due to global trade tensions sparked by United States’ (US) president Donald Trump’s sweeping tariffs. The European Commission said the 20-country single currency area’s economy should grow 0.9% in 2025 – down from a previous forecast of 1.3% – due to “a weakening global...
Northern Ocean powers Namibia’s offshore energy future
In recent years, Namibia’s emergence as a frontier for offshore oil and gas exploration has made global headlines. Behind much of this progress stands Northern Ocean Ltd, an international drilling contractor whose world-class offshore rigs, Deepsea Mira and Deepsea Bollsta, have played a vital role in unlocking the country’s energy potential. Earlier this year, both the Deepsea Mira and Deepsea...
NIDA aims to create 35 000 jobs over next five years … as it builds momentum on Integrated Strategic Business Plan
In pursuit of the mandate to advance Namibia’s industrialisation agenda by enhancing, promoting, facilitating and managing industrial development in the country, the Namibia Industrial Development Agency (NIDA) targets to create 35 000 jobs over the next five years. This is outlined in their newly- developed first Turnaround Integrated Strategic Business Plan (ISBP) 2025/26-2029/2030 and Sustainable Business Model. Chief Executive Officer...
Land acquisition fund in shambles …misdirected funds, overstated financial reports
Non-adherence to accounting protocols, misrepresented financial statements, misallocated funds and unauthorised claims worth millions were some of the key shortcomings flagged by Auditor General Junias Kandjeke in the Land Acquisition and Development Fund’s audit report of 2022/23. Kandjeke gave the Fund an adverse audit opinion due to its failure to submit a complete set of compulsory financial statements for the...
British tourist arrested for ‘fondling’ minors …takes ‘nudes’ of San minors
Mulisa Simiyasa OTJIWARONGO – A 65-year-old British tourist was arrested on Sunday after he allegedly instructed San children at the Grashoek Living Museum in the Tsumkwe West area to remove their clothes, and took photographs of them. The Namibian Police’s head of community affairs in the Otjozondjupa region, senior Inspector Maureen Mbeha told Nampa yesterday that the suspect allegedly also...
Constituency fund a dose for Khomasdal’s woes
The Khomasdal constituency, like many others, is on a mission to improve the lives of its people. A host of interviews were conducted recently as part of the pre-election coverage initiative by the New Era newspaper. It seeks to delve into the intricacies of constituency and regional governance, unpacking initiatives undertaken by the councillors’ offices since assuming office in 2020, the...
Walvis tables N$1.3b budget … council vows to fix potholes, clean up
WALVIS BAY – Addressing poor road conditions and unreliable refuse removal services, which have turned Walvis Bay into a shadow of its former self, are high on the Walvis Bay municipal council’s agenda for the 2025/2026 financial year. This was revealed by the chairperson of the management committee, councillor Richard Hoaeb, who said these concerns are being prioritised under the...
Namibia, Mozambique forge bold alliance
President Netumbo Nandi-Ndaitwah has called for a shift from traditional political ties to stronger economic cooperation between Namibia and Mozambique. The elevation of the friendship to a strategic economic partnership was the key message in her speech during her official visit to Mozambique yesterday, presidential spokesperson Alfredo Hengari said. President Nandi-Ndaitwah and Daniel Francisco Chapo agreed that it was...
Learner ‘rapes’ three minors
An 18-year-old learner at Suiderlig High School is expected to appear in the Keetmanshoop Magistrate’s Court after he allegedly raped three minor girls last week at the southern town. Namibian Police crime investigations’ coordinator for the //Kharas region, Deputy Commissioner Nicodemus Mbango told Nampa on Sunday that the suspectallegedly had sexual intercourse with three girls aged between 10 and 12....
Man guilty of murder, kidnapping
Windhoek High Court Judge Naomi Shivute on Thursday convicted a 32-year-old Drimiopsis resident of kidnapping, rape and murder. Abel Mokalabatho pleaded not guilty to the charges of rape, murder and kidnapping at the start of his trial. He wanted to plead guilty to the charge of defeating or obstructing the course of justice for disposing of the knife, but the...