Economic analysts expect Private Sector Credit Extension (PSCE) growth to remain sluggish as Namibian households show limited demand for long-term credit, while corporate lending continues to expand. This is as PSCE growth slowed to 3.9% in February 2025, down from 4.1% in January, but up from 1.7% a year ago. Providing an analysis of the latest PSCE figures, FNB Namibia...
Heritage to sprout at /Ae //Gams Arts & Cultural Festival
The City of Windhoek is gearing up for the /Ae //Gams Arts & Cultural Festival, scheduled for 25 and 26 April. To launch the festivities, a pre-festival celebration took place on Saturday at the Paaltjies Brakwater Recreational Area, attracting residents for a day of enjoyment, culture, and community spirit. The event showcased a blend of traditional games and culinary contests....
Opinion – The eclipse and limelight of global economic wars
Allow me space in your esteemed newspaper to air my views on the subject as stated above.To start with, American global markets offer several advantages that contribute to their prominence in the international economy such as access to a large consumer base in which the U.S. has one of the largest and most diverse consumer markets, attracting businesses worldwide. The...
Opinion – Omaruru SPYL condemns informal structure demolition
The Omaruru District Swapo Party Youth League has strongly condemned the recent actions taken by the Omaruru Municipality, which saw the demolishing of an informal structure occupied by a vulnerable senior resident. As a Youth League, we describe the municipality’s actions as inhumane and lacking compassion for the socio-economic realities faced by many of Omaruru’s inhabitants. The demolition, which included...
Opinion – Damara ≠Nukhoe are no more self-destructive than any other community
I write in response to an article published in New Era on 28 March 2025 in which the author, himself a Damara ≠Nukhoe, claimed our community is self-destructive. His arguments, however, were based on unsubstantiated assertions. As a fellow Damara ≠Nukhoe, I take issue with this generalisation, which unfairly portrays normal human shortcomings as a unique characteristic of our people....
Jobs for interns in public sector
Rudolf Gaiseb The Ministry of Finance and Social Grants has issued a directive to all government offices, ministries and agencies to make budgetary provision for apprenticeships, internships and graduate internships for the 2025/26, 2026/27 financial years. The ministry’s executive director, Michael Humavindu, said in case of no budgetary provisions, offices, ministries and agencies (OMAs) will reprioritise funds from the training...
Horror engulfs nation … six Usakos family members ‘killed’ in heinous crime
USAKOS – Cold-blooded family murders have left the small town of Usakos gripped by horror and disbelief, with the ripple-effects of the tragedy being felt across the country. The incident took place in the Hakhaseb location between 04h00 and 06h30 on Saturday. It claimed the lives of an 86-year-old matriarch and four great-grandchildren, who were brutally killed and set alight...
Trump’s tariffs detonate trade war …WTO, IMF raise red flags
Tariff retaliation and escalating trade tensions might signal the start of a global trade war where, like grass when two elephants clash suffers the most, consumers around the world will bear the brunt the most. Consumers, analysts stated, will most likely be paying the price for the most sweeping tariffs yet imposed by United States of America president Donald Trump...
Walvis ‘criminalising poverty’ with ghetto tax
WALVIS BAY – Walvis Bay municipal council is facing mounting criticism over a proposed shack levy, which homeowners say unfairly penalises them for the authority’s failure to deliver land. This is all at a time the town continues to struggle with a severe shortage of affordable land and housing for low-income earners, frustrated residents say. During a series of meetings...
Naanda: Namibia’s visa regime doesn’t discriminate
International relations executive director Penda Naanda has dismissed allegations that the country’s visa regime is specifically targeting the United States of America. Naanda asserts that the visa regime is based on diplomatic reciprocity rather than discrimination. However, speaking in an interview with New Era last week, Naanda clarified that the visa policy adjustments are aimed at ensuring fairness in international...