News

The government has allocated N$20 million for a feasibility study to assess the revival of Air Namibia, with the goal of relaunching the national airline by 2026. Dr. Leake Hangala who is the Chairperson of the Namibia Airports Company, has voiced strong support for the initiative, stressing the airline’s role in national development and economic growth. Speaking on the proposal, Dr. Hangala expanded on the importance of having a functional […]

Ohangwena governor Sebastain Ndeitunga says the region will approach the Office of the Prime Minister to seek help for the flood victims. There are more than 50 people staying in temporary shelters at Helao Nafidi after they were relocated because of the floods. The people were relocated on Wednesday, April 3, 2025. “We are assessing the needs to see if we need assistance from the central government,” Ndeitunga said. Regional […]

By: Ellen Shihepo The education minister, Sanet Steenkamp, has emphasised the impact of external factors such as financial constraints and socio-economic circumstances on students’ ability to navigate their career paths, warning that these challenges could contribute to further economic decline in Namibia. Speaking at the official opening of Namibia’s 14th Careers Expo, taking place on April 3rd and 4th at the Windhoek Country Club, Steenkamp underscored the importance of targeted […]

By: Hertha Ekandjo Namibia’s trade deficit stood at a deficit of N$2 billion in February 2025, an improvement when compared to a deficit of N$2.7 billion and N$3.9 billion recorded in January 2025 and February 2024, respectively. The Namibia Statistics Agency reported that the breakdown of Namibia’s trade by partner indicates that South Africa was the country’s top trading partner for both export and import. Namibia International Merchandise Trade Statistics […]

  NJ Ayuk, Chairman of the African Energy Chamber (www.EnergyChamber.org), delivered a keynote lecture titled “African Energy Agenda: Prospects and Challenges” at Russia’s HSE University’s on March 31 – shedding light on the African continent’s energy prospects and challenges. The event was organized by the HSE Center for African Studies and supported by the Roscongress Foundation, with Vsevolod Sviridov, Deputy Director of the Center for African Studies, moderating the discussion. […]

  PalmPay (www.PalmPay.com), a leading digital bank and fintech platform focused on emerging markets, has launched the PalmPay Debit Card in Nigeria in partnership with Verve, Africa’s largest domestic card scheme.  The launch of its debit card represents a key milestone in PalmPay’s evolution – from a mobile wallet known for it’s fee-free transfers and cashback rewards into a full-service digital banking platform offering an integrated ecosystem for payments, savings, credit, […]

  Legal, tax and business advisory conglomerate CLG (www.CLGGlobal.com) – formerly Centurion Law Group – has officially been approved as a Central African Economic and Monetary Community (CEMAC) tax advisor by the CEMAC Standing Committee on Fiscal and Accounting Harmonization. CLG Tax and Legal will provide its full suite of tax services across all CEMAC member countries, supporting business and transactions across various strategic fields, including oil, gas and mining. […]

  In a significant development for Africa’s energy sector, Nigeria, Angola and Ghana have fulfilled their capital commitments toward establishing the Africa Energy Bank (AEB). This milestone represents 44% of the minimum required funding from African Petroleum Producers Organization (APPO) members to initiate the bank’s operations. Dr. Omar Farouk Ibrahim, Secretary General of APPO, announced this progress during the Congo Energy&Investment Forum last week. The AEB aims to finance oil […]