The Namibia Wildlife Resorts (NWR) has resolved not to declare dividends this time around to improve service despite an increase in profit of up to 50%. NWR’s profit increased from N$45.4 million in 2023 to N$68.3 million in 2024. Brian Masule, Acting Managing Director at the NWR, explained, “The reason for that is that we […]
More than N$8.5 billion is needed for the rehabilitation and maintenance of road infrastructure in the country. This was revealed at the Road Fund Administration (RFA) Business Plan Stakeholders Consultation for the period from 2026/2027 until 2030/2031. The stakeholder consultation meeting also underlined the fact that a delay in road maintenance and rehabilitation will be […]
The Walvis Bay Municipality is constructing a new N$25.5 million sewer pump station at Kuisebmond to improve sanitation and wastewater management. Built in the 1960s, the existing sewer pump station at Kuisebmond, Walvis Bay, is nearing the end of its life. Although it serves about 70% of Kuisebmond, it can no longer adequately accommodate the […]
The Electricity Control Board (ECB) is reviewing its electricity tariff model to introduce a new incentive-based regulatory framework aimed at improving efficiency and affordability for consumers. The Executive for Economic and Market Regulation, Pinehas Mutota, said the ECB engaged licensees this week as part of a two-day workshop focused on revising the current tariff structure. […]
The Ministries of International Relations and Trade and Industries, Mines, and Energy hosted the 12th session of the Ministerial Business Engagement. The event that took place in Omuthyia in the Oshikoto Region served as a platform for government and business leaders to engage in open dialogue to strengthen the foundation of economic growth. The event […]
Namibian-owned road construction companies should be distinguished from and prioritised over foreign-owned, yet still Namibian-registered, firms. This is according to Works and Transport Minister Veikko Nekundi, who is advocating an amendment to the law to prioritise companies genuinely owned by Namibians. The minister addressed a recent town hall meeting of the Swapo Party with national […]
After its monthly review, the Ministry of Industries, Mines and Energy has decided to keep the fuel price for November unchanged. This comes after the analysis of international oil and petroleum markets in October 2025, which showed that oil prices have been under pressure, with Brent crude trading around US$61.50 per barrel, its lowest level […]
The Annual Matutura Cultural Festival is fast becoming one of Swakopmund’s biggest informal marketplaces. For local vendors, the festival offers more than just music and dance; it provides an opportunity to earn an income, grow small businesses, and turn creativity into cash. From handmade crafts to sizzling street food, the festival grounds transformed into a […]
President Netumbo Nandi-Ndaitwah has urged local authorities and residents to work together to improve service delivery. She says strong partnerships will help promote unity and collaboration, leading to lasting solutions for challenges affecting local development. Speaking at the official opening of the 18th Helao Nafidi Business Expo on Saturday, President Nandi-Ndaitwah expressed concern over ongoing […]
Namibia will host a three-day inaugural Aviation Week Africa next year. The initiative, launched in collaboration with Zambia, which is the birthplace of the concept, aims to promote sustainable growth and celebrate Africa’s aviation sector. At the media launch, the Ministry of Environment, Forestry and Tourism’s Executive Director, Sikongo Haihambo, presented the Ministry’s role in […]
