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GDP growth slows to 1.6% in second quarter

Photo: Adobe stock Namibia’s economy grew by 1.6 percent year-on-year in the second quarter of 2025, down from 2.8 percent in the first quarter and 3.3 percent in the same period of 2024, according to a new report by the First National Bank of Namibia (FNB). FNB economist Helena Mboti said the data indicates the strain on consumers.“Private consumption collapsed to negative 7.2 percent year-on-year in the second quarter of […]

todayOctober 1, 2025

News

Swartbooi Demands Fishrot Suspects’ Release 

Willem Snyman for NewsOnOne reports that LPM leader Bernadus Swartbooi is calling for the release of the Fishrot accused, claiming the state is holding them without evidence. At a Tuesday media briefing at LPM headquarters, Swartbooi described the trial as a failure of Namibia’s justice system and an attack on the rule of law. play_arrow Swartbooi Demands Fishrot Suspects’ Release  Leonard Witbeen The post Swartbooi Demands Fishrot Suspects’ Release  appeared […]

todayOctober 1, 2025

News

NamPost Pilots Social Grant Payments.

NamPost will start piloting social grant payments on 9 October at Okahandja and Omitara post offices, with mobile payouts at Groot Aub and Otjimbingwe. The test run comes ahead of a nationwide rollout from 13 October, following the finance ministry’s decision to appoint NamPost as the official grant payment provider, says NamPost’s Corporate Communications Officer: Joseph Teofelus. play_arrow NamPost Pilots Social Grant Payments. Leonard Witbeen The post NamPost Pilots Social […]

todayOctober 1, 2025

News

Local Vehicle Sales Dip in August.

Domestic Vehicle sales fell 3.7% in August to 1,261 units but remain 26.7% higher than last year. Dealerships dominate with 93% of year-to-date sales, while rental companies mainly support mid-to-premium brands, says Simonis Storm economist Almandro Jansen. play_arrow Local Vehicle Sales Dip in August. Leonard Witbeen The post Local Vehicle Sales Dip in August. appeared first on Future Media News.

todayOctober 1, 2025

News

Katutura Hospital Gets Cutting-Edge Full-Body X-Ray Machine

Katutura Intermediate Hospital has received a state-of-the-art full-body X-ray machine, the Lodox, which can scan the entire body in just 13 seconds. According to NewsOnOne’s Selma Taapopi, the N$13 million machine was donated by the Motor Vehicle Accident Fund and is the first of its kind in local patient care, expected to enhance trauma assessment and clinical services. play_arrow Katutura Hospital Gets Cutting-Edge Full-Body X-Ray Machine Leonard Witbeen The post […]

todaySeptember 30, 2025

News

Next-Generation Namibia Dollar Enters Circulation in Mariental

Upgraded Namibia Dollar banknotes and a new coin series have been officially released by the Bank of Namibia at a ceremony in Mariental, Hardap Region. The currency was first unveiled by President Dr. Netumbo Nandi-Ndaitwah in July as part of the Bank’s 35th anniversary celebrations, highlighting “Our Currency, Our Heritage, Our Pride,” according to Acting Deputy Director of Corporate Communications and Sustainability Naufiku Hamunime. play_arrow Next-Generation Namibia Dollar Enters Circulation […]

todaySeptember 30, 2025

News

Microlending Sees Sharp Growth

Reliance on microlenders continues to climb, the latest report from the Namibia Financial Institutions Supervisory Authority reveals. Term borrowers average nearly N$28,000 per month, while payday borrowers, who constitute 82 percent of the portfolio, borrow just under N$4,000. Total loans jumped 45 percent in 2024 to N$5.2 billion: NamFISA chief executive officer Kenneth Matomola. play_arrow Microlending Sees Sharp Growth Leonard Witbeen The post Microlending Sees Sharp Growth appeared first on […]

todaySeptember 30, 2025

News

Wildfires Rage Across Etosha and Surrounding Communities 

Minister of Environment Indileni Daniel confirmed that wildfires that began on 22 September in Etosha National Park have engulfed about 775,000 hectares within the park and 171,000 hectares outside, impacting nearby communities. Extensive firefighting operations are underway, involving MEFT staff, soldiers, police, regional councils, and private sector partners, using helicopters, fire engines, and tankers. Residents and visitors are strongly advised to stay cautious as the fires, fueled by dry vegetation and […]

todaySeptember 29, 2025

News

Walvisbaai Activist Eyes Mayoral Candidacy

Walvisbaai activist Elvis #Goseb, known for championing water, electricity, and other community issues, has declared his candidacy for mayor in the upcoming local and regional elections scheduled for 26 November. play_arrow Walvisbaai Activist Eyes Mayoral Candidacy Leonard Witbeen The post Walvisbaai Activist Eyes Mayoral Candidacy appeared first on Future Media News.

todaySeptember 29, 2025

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