News

The African Export-Import Bank has pledged to finance major investment projects in Namibia through the Dangote Group and other credible African investors. Speaking in Namibia, Afreximbank President and Board Chairman George Elombi stated that the bank is prepared to back projects identified by the government, provided developers demonstrate the technical expertise and financial credibility to deliver. Elombi highlighted Dangote’s strong continental track record, adding that Afreximbank has no hesitation in putting US$10 billion […]

Build One South Africa says the electorate was understandably cautious about placing its trust in a party without an established local government track record. The party contesting its first-ever local government elections will have elected representation in all four metropolitan municipalities in which it contested: Johannesburg, Tshwane, Cape Town and Ekurhuleni. BOSA leader Mmusi Maimane says they will approach the post-election period constructively, and where coalition arrangements are necessary, they […]

A massive Wall Street rout has wiped out roughly N$41.22 trillion in market value from major technology firms across the US and Asia. This sell-off was triggered by investor concerns over a potential slowdown in artificial intelligence development following the Democratic Party’s victory in the US midterm elections. On Thursday, the tech-heavy Nasdaq suffered 5.5% plunge, while AI giant Nvidia saw its stock tumble by around 9%. In the Asian […]

British actor, comedian and media personality Russell Brand has been found guilty of one count of rape and three counts of sexual assault. The 51-year-old had faced seven charges and was found not guilty on two separate charges of rape and one count of attempted indecent assault by a court in London. The charges dated from 1999 to 2009 and concerned six women, including a 21-year-old fan whom Brand raped […]

China’s Ambassador to Namibia, Zhao Weiping, says the two countries are strengthening cooperation in trade, agriculture, infrastructure and education. China is preparing to send a team of experts to Namibia to inspect local table grape production areas, paving the way for fresh grape exports to the Chinese market. The cooperation follows President Netumbo Nandi-Ndaitwah’s state visit to China in July, during which the two countries agreed to strengthen bilateral relations. […]

TransNamib has placed its Chief Executive Officer, Desmond van Jaarsveld, and Executive for Engineering and Technical Services, Bertus Eksteen, on precautionary leave pending an independent investigation. The decision follows the suspension last week of Executive for Human Capital Webster Gonzo, who authored an internal report recommending disciplinary action against senior management following two recent train accidents. Kristian Hamutenya has been appointed acting chief executive while the investigation proceeds. TransNamib’s board […]

Cabinet has approved, in principle, the proposed Combating of Narcotic, Psychoactive Drugs and Substance Bill of 2026, which seeks to strengthen controls on illicit drugs and address the unregulated supply of toxic chemical inhalants. The Namibian Police have been authorised to lead a nationwide 60-day public and stakeholder consultation process on the proposed legislation. After the consultation, NamPol will incorporate public submissions and return the revised Bill to Cabinet before […]

Namibians could win an all-inclusive luxury getaway to Damaraland worth more than N$165,000 by finding a life-sized rhino sculpture hidden somewhere in Windhoek. The competition, launched by ultimate.earth and Save the Rhino Trust Namibia, features Dorsland and her calf, sculptures made entirely from rocks collected in the Kunene Region to raise awareness about the country’s desert-adapted black rhinos. ultimate.earth CEO Tristan Cowley has more on the exciting news. To enter, […]

Namibia’s annual inflation rate increased to 5.6% in October, up from 5.4% in September, according to the latest figures from the Namibia Statistics Agency. The agency’s food price data also shows differences in meat prices across the country. Beef stew was most expensive in the southern regions, Omaheke and Erongo, averaging about N$137.50 per kilogramme. In Khomas, the same cut cost approximately N$103 per kilogramme. Beef mince followed a similar […]

The Independent Patriots for Change (IPC) has criticised the government’s handling of the proposed Dangote petroleum project, raising concerns about regulatory compliance and decision-making at State House. Leader of the Opposition in the National Assembly, Imms Nashinge, has questioned whether the required environmental assessments and regulatory procedures have been completed. The party is also concerned about the project’s potential impact on NAMCOR and whether it will deliver meaningful economic benefits […]