Agribank forced to bridge N$151m funding gap
…bank lends over N$250m annually as treasury support averages just N$99m
Patience Makwele
Agribank is facing a funding squeeze, with the agricultural lender advancing more than N$250 million in ...
Friday, October 2
Top Stories
Analysts warn parliament risks becoming stage for political confrontation
Sostenus Wilherm
Political analysts have warned that growing confrontations in the National Assembly could shift parliamentary politics away from substantive policy debates towards political specta...
National
Number-plate makers escape registration
…as Nekundi activates long-dormant regulations
Patience Makwele
Number-plate manufacturers have been operating in Namibia without mandatory registration, despite regulations providing for govern...
Namibia, SA join forces against illegal fishing
…as neighbours complete first joint sea patrol
Sostenus Wilherm
Namibia and South Africa have stepped up the fight against illegal, unreported and unregulated (IUU) fishing, completing their fir...
Witbooi urges Africa to ditch short-term thinking
Sostenus Wilherm
Africa must break away from short-term planning and take greater control of its development agenda if the continent is to turn its vast natural resources, youthful population and e...
Agribank forced to bridge N$151m funding gap
…bank lends over N$250m annually as treasury support averages just N$99m
Patience Makwele
Agribank is facing a funding squeeze, with the agricultural lender advancing more than N$250 million in ...
Immanuel proposes N$3 700 allowance for graduate interns
Renthia Kaimbi
Justice and labour relations minister Fillemon Wise Immanuel has proposed increasing the monthly allowance for graduate interns from N$2 357.10 to N$3 700 and extending the internshi...
Rare honey inspires name for Namdeb’s 176-carat diamond
CHAMWE KAIRA
The 176.29-carat diamond named “Owishi” discovered by Namdeb at its Southern Coastal Mine in Oranjemund is the biggest diamond discovered in Namibia in 20 years.
President Net...
N$400m meat shipment hangs in balance
Patience Makwele
Agriculture minister Inge Zaamwani says Namibia is negotiating with trading partners over meat shipments caught up in the foot-and-mouth disease (FMD) outbreak, with authorities ch...
Analysts warn parliament risks becoming stage for political confrontation
Sostenus Wilherm
Political analysts have warned that growing confrontations in the National Assembly could shift parliamentary politics away from substantive policy debates towards political specta...
Strydom remembered as architect of Namibia’s independent judiciary
Sostenus Wilherm
Namibia’s legal fraternity has remembered former Chief Justice Emeritus Johan Strydom as one of the key architects of the country’s post-independence judiciary, with his landmark j...
NUST medical lab crisis exposes admission oversight
Sostenus Wilherm
The minister of education, innovation, youth, sports, arts and culture, Sanet Steenkamp, has acknowledged administrative oversight in the admission of students into NUST’s Bachelor...
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MONEY
BoN says economy grew 4.8% in second quarter
CHAMWE KAIRA
The country’s economy expanded by 4.8% year-on-year in the second quarter of 2026, accelerating from 3.1% in the first quarter and 1.7% recorded in the same quarter of 2025.
Accordi...
International reserves rose by 0.7% to N$58.5 billion in August
CHAMWE KAIRA
The official stock of international reserves rose modestly by 0.7% on a monthly basis to N$58.5 billion at the end of August.
The increase was primarily due to net commercial bank t...
Trustco secures attachment of Riskowitz held shares with High Court order
CHAMWE KAIRA
The High Court has granted an interim order attaching 200 million Trustco Group Holdings shares held by Riskowitz Value Fund LP (RVF), pending a court hearing on 6 November 2026.
Tr...
SSC surplus rises to N$806.7 million
CHAMWE KAIRA
The Social Security Commission (SSC) and its associated funds recorded a net comprehensive surplus of N$806.7 million for the financial year ended 28 February 2026, up from N$518.7 mil...
NAB records clean audit as N$689m imports dominate regulated market
CHAMWE KAIRA
The Namibian Agronomic Board (NAB) received an unqualified audit opinion for the financial year ended 31 March 2026, while its latest annual report shows that imports accounted for 62%...
Paratus Namibia invests N$256.7 million in infrastructure
CHAMWE KAIRA
Paratus Namibia invested N$256.7 million in infrastructure during the year ended 30 June 2026 (30 June 2025: N$471.4 million), comprising additions to property, plant and equipment of ...
