African airlines experienced a 14.7% year-over-year increase in air cargo demand in September 2025. This was the strongest rise of all regions around the world as the continent’s air cargo capacity increased by 7.4% year-on-year. Overall, global air cargo demand increased by 2.9% in September, marking the seventh consecutive month of growth for this...
With Namibia’s unemployment rate standing at 36.9%, the Economic Association of Namibia (EAN) and the Hanns Seidel Foundation Namibia hosted a public discussion at Protea Hotel in Windhoek to talk about how the country can create more jobs. The event was held under the theme ‘The Jobless Growth Puzzle: Can Namibia Unlock Inclusive Prosperity?’ It...
The Ministry of Industries, Mines and Energy announced that fuel prices will remain unchanged for November. According to the ministry, an analysis of international oil markets showed that oil prices dropped during October. Brent crude oil traded at around US$61.50 per barrel, which is the lowest level since May 2025. “This decrease was mainly due...
Mobile Telecommunications Ltd (MTC) has grown its network of service access points by opening new Mobile homes in three towns. For the first time, Divundu will have its own MTC Mobile Home, bringing services closer to residents who previously had to travel long distances for assistance. Rundu and Katima Mulilo have each received their second...
Saving money has become more complex in today’s world, with instant gratification, rising living costs, and intricate financial systems making it easy to feel overwhelmed. As world-renowned author Tony Robbins notes that, consistency transforms the average into excellence, a principle that applies perfectly to saving. As we observe World Savings Day on 31 October, it...
The Ministry of Finance announced that N$14.78 million has been allocated to 42 startups through the first phase of the Namibia Youth Fund (NYF). The Executive Director within the finance ministry, Michael Humavindu, said the funding is more than just money; it is a way to turn opportunity into production and production into livelihoods. He...
Speaking at the annual Economic Breakfast Budget Review hosted by FirstRand Namibia, Abigail Nainda, Deputy Director of Policy Research and Analysis at the Bank of Namibia, assured the public that the country’s foreign reserves remain strong despite the recent repayment of the second Eurobond. Nainda was responding to a question from the moderator about how...
Finance minister Ericah Shafudah yesterday announced the successful redemption of Namibia’s second Eurobond. This redemption, valued at US$750 million (over N$13 billion), represents the most considerable single debt maturity in Namibia’s history. The finance minister noted that Namibia issued its first Eurobond in 2011 for US$500 million (approximately N$7.5 billion), which was secured at an...
KEETMANSHOOP – //Kharas Governor Dawid Gertze said the 2025 Keetmanshoop Agriculture, Industrial and Trade Expo (Kaite) represents a major economic boost for the southern town. He said the expo will stimulate local trade, support small and medium-sized businesses, and foster community pride. Gertze delivered the keynote address at the expo’s official opening yesterday. According to...
The Communications Regulatory Authority of Namibia (CRAN) hosted a joint Regional Preparatory Workshop and Postal Committee Meeting of the Communications Regulators’ Association of Southern Africa (CRASA) from 27 to 29 October 2025 in Windhoek. This significant gathering brought together regional regulators, industry stakeholders, partners and development agencies committed to advancing the postal sector and fostering...