Finance Minister Iipumbu Shiimi’s mid-term budget features a N$1.1 billion allocation to the goods and services across various government departments. This includes a specific allocation of N$200 million aimed at supporting the Electoral Commission of Namibia (ECN). The Finance Minister said this budgetary adjustment reflects the government’s commitment to addressing pressing needs and improving service […]
Finance Minister Iipumbu Shiimi was unable to present the mid-term budget statement this afternoon due to a lack of a quorum. National Assembly Deputy Speaker, Loide Kasingo, adjourned the house minutes into the sitting. Shiimi was set to take to the podium to present the midterm budget statement when the presiding officer called off the […]
The Ministry of Industrialisation and Trade (MIT) will continue to support efforts that stimulate entrepreneurial development, enhance economic activities, and empower small and medium enterprises. The ministry handed over a sewer pump, replaced septic tanks at Henties Bay’s Omdel Location, and facilitated the ground-breaking for a taxi rank and open market for N$1 million. Industrialisation […]
Access to markets has been a challenge for many small and medium enterprises (SMEs), and GS1 Namibia is now providing a platform where SMEs can meet buyers. GS1 Namibia organised one such event, the second of its kind, in Windhoek. The organiser of the one-day event, Patricia Hangula, says they are planning to have these […]
A heavy truck carrying an oxygen plant has arrived in Katima Mulilo after ten days on the road from Walvis Bay. The oxygen plant stands 50 meters long, 5,4 meters wide, and weighs 171 tonnes. It created quite the buzz on social media platforms, piquing the interest of many residents who gathered along the side […]
Botswana’s Minister of Transport, Eric Muthibi Molale, has called for speedy completion of the Trans-Kalahari railway line and the Trans-Kalahari road project. He made this remark during a visit to the Minister of Works and Transport, John Mutorwa in Windhoek. The Trans-Kalahari Railway Project is a bilateral initiative between Botswana and Namibia, aimed at enhancing […]
The Development Bank of Namibia and the One Economy Foundation have signed an agreement to drive sustainable economic growth, youth empowerment, and community development. The partnership will, amongst others, formalise a strategic framework of cooperation that covers a wide range of issues, emphasising mentorship, capacity building, and enterprise development amongst youth in the country. As […]
The Central Procurement Board of Namibia (CPBN) recorded 164 projects at a cost of N$6.7 billion in the first two quarters of 2024. This was revealed at a media briefing in the Windhoek. The contracts were placed into categories consisting of construction works with 64 projects valued at N$4 billion, goods with 23 projects valued […]
The City of Windhoek has announced that municipal tariffs have been increased by five percent since the 1st of October. The increase relates to water, rates and taxes, sewerage, and waste management. The municipality, in a public notice, says the increased tariffs were approved by the City Council on the 14th of June. Tariffs on […]
Africa is grappling with major challenges in managing disaster risks due to recurring droughts, severe flooding, and intense cyclones. These issues have impacted the continent’s economic development and hindered the achievement of various targeted goals. The loss of lives, destruction of infrastructure, disruption of services, and the impact on livelihoods are just a few […]
