The domestic mining sector continues to drive the national economy, generating N$52.3 billion in revenue and contributing 13.3% to the gross domestic product (GDP) in the most recent fiscal year. This marks a milestone in the country’s economic performance, reinforcing mining as the backbone of Namibia’s industrial output and trade. The sector also recorded strong...
Telecom Namibia on Friday reopened its Teleshop in Omaruru, marking a significant milestone in the company’s dedication to enhancing telecommunications services across the region. The facility, strategically located in the heart of Omaruru, is testament to Telecom’s commitment to providing reliable and advanced ICT solutions. The official reopening ceremony was attended by local dignitaries, community...
Namibia’s Producer Price Index (PPI) recorded a continued decline in the second quarter of 2025, reflecting ongoing shifts in wholesale price trends across major sectors of the economy. According to the report issued by the Namibia Statistics Agency (NSA), the PPI fell by 3.1% quarter-on-quarter and dropped 2.5%, compared to the same period last year....
The Nedbank Group will be focusing on Africa regions, specifically the Southern African Development Community (SADC), for future growth opportunities. The group, which recently posted strong financial results for the first half of 2025, has committed to re-investing some of its proceeds into SADC to ensure regional growth. Nedbank’s Africa Regions (NAR) cluster includes Eswatini,...
The decommissioning of the old fuel jetty at Namport and the full transition of fuel imports through the National Oil Storage Facility (NOSF) as of 1 August 2025 carries several implications for fuel security and price stability in Namibia. These implications entail enhanced storage capacity, centralised oversight, reduced risks as well as reduced delays, including...
Namibia is moving forward with plans to launch a new national airline, but it will not revive the defunct Air Namibia name. This as revealed by works and transport Minister Veikko Nekundi. Speaking to New Era last week, he said the focus is on building a new, sustainable airline from the ground up and not...
Auleria Wakudumo ONGWEDIVA – The Mobile Telecommunications Company (MTC) has officially launched 5G in Namibia, becoming the first network operator to introduce the next generation technology in the country. While unveiling the service at the Ongwediva Annual Trade Fair, MTC moved to allay public concerns by assuring that 5G is safe and scientifically tested, addressing...
NamPost has issued a public clarification to address uncertainties surrounding the implementation of the National Social Welfare Cash Grant payments, which will be facilitated through NamPost’s nationwide Post Office branches and mobile teams beginning in October 2025. The State-owned postal and financial services provider confirmed that the new payment model only applies to recipients who...
WASHINGTON – US tariffs of 50% took effect yesterday on many Indian products, doubling an existing duty as president Donald Trump sought to punish New Delhi for buying Russian oil. India has criticised the levies as “unfair, unjustified and unreasonable”, with its export body calling on yesterday for government intervention to assuage fears of heavy...
Nedbank Namibia’s recent business conference brought together over 300 entrepreneurs, business leaders and innovators from across Namibia to explore the evolving landscape of owner-managed businesses and the strategic tools needed to thrive in a rapidly changing world. The sold-out event was hosted in collaboration with Future Media, Aurik, Droombos, Salt Essential IT, Fly Namibia and...