Namibian household credit growth rose to 3% in January, driven by a rebound in overdraft demand despite an overall slowdown in private sector credit. This was a 1.4% year-on-year (y/y) increase, reflecting post-holiday financial strain, compounded by weak wage growth…

The term ‘turnaround strategy’ is mostly used to place renewed emphasis on a rescue effort and is most commonly applied when appointing a new board or chief executive of a public enterprise. Public enterprises are based upon an act of…

MOST PROPERTIES AT Katima Mulilo are struggling to sell because they are overpriced. Many sellers are putting properties on the market without doing proper valuations or checking current market trends. In many cases, the price is based on what the…

ACCORDING TO A baseline study on informal settlements conducted by the Namibia Statistics Agency, chief executive Alex Shimuafeni reports that more than 200 000 Namibians currently reside in the country’s 419 informal settlements. In addition to this urban residential informality,…

The Capricorn Foundation has reaffirmed its commitment to improving education outcomes in Namibia by expanding its support for Meerkat Learning’s Teaching at the Right Level (Tarl) programme. The foundation’s support reached 1 200 pupils and 200 teachers across the Kunene…

The government and the African Development Bank (AfDB) yesterday launched a N$28.5-billion partnership designed to overhaul national infrastructure and break the country’s dependence on the mining sector. The 2025 to 2030 country strategy paper, launched in Windhoek, serves as a…

NAMIBIA is preparing to launch its first heavy-duty freight locomotive powered by locally produced green hydrogen later this year. The project could position Namibia as one of the first countries in Africa to operate a heavy duty freight train powered…

Lilongwe – The world recently passed an important milestone: The agreement on the Conservation and Sustainable Use of Marine Biological Diversity of Areas beyond National Jurisdiction, commonly known as the High Seas Treaty, has come into force. The treaty enshrines…

Israel’s bombing of Iran’s oil infrastructure will have major long-term environmental repercussions, experts warn. Monitors admit they are struggling to keep track of the environmental disasters arising from the widening war. The Shahran oil depot north-east of Tehran and the…

Newly sworn-in Swapo parliamentarian Christine Haindaka says she will advocate for improvements in the health sector, adding it is close to her heart. She is in her final year pursuing an honours degree in social work at the University of…

All-African Students Union president Osisiogu Osikenye has thanked the Namibian government for implementing free education, but also challenged it to further strengthen access to quality education and improve student welfare. Osikenye made the remark while honouring International University of Management…

Some members of parliament (MPs) have criticised the recently tabled 2026/27 budget for failing to address issues like unemployment. The budget allocates about N$81.3 billion to the operational budget, with only approximately N$6.5 billion earmarked for development expenditure. Independent Patriots…