Namibia’s reputation for a world-class road network is undergoing strain as the Road Fund Administration (RFA) continues to confront a widening gap between infrastructure ambition and fiscal reality. RFA’s Business Plan for the 2026–2031 notes that what is at stake is not only the condition of Namibia’s roads, but the country’s broader economic competitiveness and...
LONDON – Gold prices jumped to fresh records Monday on rising worries about geopolitics, tariff threats, and another potential US government shutdown, while Wall Street stocks drifted higher ahead of earnings from tech giants. The dollar fell, meanwhile, amid speculation of US-Japanese central bank coordination to support the yen. Gold climbed above US$5 100 an...
FRANKFURT − German business sentiment held steady at a low level in January, a survey showed Monday, with firms still pessimistic about any sustained recovery in Europe’s biggest economy. The Ifo institute’s confidence barometer came in at 87.6 points, weaker than some forecasts and the same as December, when it slipped to its lowest level...
BERLIN − Germany yesterday welcomed a massive trade deal signed by the European Union and India, saying it could support growth amid increasingly challenging ties with other major economies. “This agreement creates new opportunities for growth and good jobs, in Europe and India alike, while deepening the strategic partnership with the world’s largest democracy,” said...
When jobs were hard to find, Hazel Kamaazembua Putuaota chose not to sit at home and wait. Instead, the unemployed graduate teacher started a small education business that is now changing lives in her community. Putuaota is a qualified teacher who graduated from the International University of Management (IUM). She is the founder of Ounongo...
Being self employed takes daily dedication and determination. For Penehafo Sem, these qualities shine through as she sits behind a small table filled with colourful crafts that show Namibian culture and African pride in Windhoek’s Central Business District (CBD). At her table, customers can find key holders shaped like the map of Namibia, the African...
The United States (US) and Namibia took an important step together to protect peace, security, and economic growth. US ambassador to Namibia, John Giordano, spoke at the official launch of the National Counterproliferation Finance (CPF) Legal Frameworks Training in Windhoek last week. The three-day workshop brought together key experts and officials from Namibia and the...
The domestic economy is expected to grow faster in 2026, but the Economic Association of Namibia (EAN) has cautioned that the improvement may still fall short of changing the daily lives for many citizens. Namibia still relies heavily on mining, agriculture, tourism and customs revenue from the Southern African Customs Union (SACU). Over the years,...
Due to continuous rainfall, sections of the road between Bwabwata National Park and Kongola, as well as approximately 30 kilometres from Kongola towards Katima Mulilo, have developed potholes and sustained other forms of road surface damage. The Roads Authority (RA) has therefore warned road users to exercise extra caution when travelling in parts of the...
Namibia’s vehicle market heads into 2026 at a decisive inflection point, marked by a cooling but healthier credit cycle, a gradually easing monetary policy stance, and deepening structural shifts in the regional automotive landscape. In its analysis of the latest vehicle sales figures, financial services firm, Simonis Storm (SS), noted that while headline sales momentum...