Leonard Witbeen

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Namibia

Mulunga Accused of Concealing N$53m Fuel Deal.

Anti-Corruption Commission lead investigator Oberty Inambao has alleged that former Namcor managing director Immanuel Mulunga hid the full details of a N$53 million fuel asset transaction with Enercon from the company’s board, even though he was fully aware of the deal, according to NewsOnOne’s Envaalde Matheus. The transaction is linked to a larger N$480 million corruption scandal involving several entities.  

today6 August, 2025

Business / Economics

2025 Mining Expo Opens with Record Participation

The 2025 Mining Expo and Conference launches today, marking its largest edition yet. Exhibitors have increased from 168 to 196, and booth spaces have risen from 268 to 313. Visitor registrations hit a record 7,831, a 31.7% increase from 2023. The event focuses on promoting skills development and boosting interest in the mining sector, says Lauren Graham, Chief Economist at the Chamber of Mines.

today5 August, 2025

Business / Economics

Private Sector Credit Growth Accelerates to Pre-Pandemic Levels .

Private sector credit grew by 5.7% year-on-year in June, up from 4.1% in May—the fastest pace since early 2020. Corporate credit surged 10.6%, fueled by strong activity in mining, energy, retail, and manufacturing sectors. Overdrafts jumped 17.4%, driven largely by real estate development and rising consumer demand, explained Simonis Storm economist Almandro Jansen.

today5 August, 2025

Interview Transcripts

Interview: IPC’s Five-Year Journey: From Startup Party to Political Force

The Independent Patriots for Change (IPC) believes it has transformed the political landscape in Namibia, growing rapidly from a newly formed movement into the country’s official opposition. Spokesperson Immanuel Nashinge says this rise reflects the trust and expectations of Namibians from all walks of life. In an interview with Leonard Witbeen, Nashinge described IPC as a “people’s political home,” saying its grassroots foundation and commitment to participatory democracy have shaped […]

today4 August, 2025

Interview Transcripts

Interview: Governor Iipinge Hails ‘Operation Lucia’ as Crime-Fighting Effort Gains Ground in Oshana

Oshana Regional Governor Hofni Iipinge has welcomed the launch of Operation Lucia, a community-focused anti-crime campaign initiated by the region’s security cluster under Police Commissioner Naftal Sakaria, and officially inaugurated by the Minister of Home Affairs, Immigration, Safety and Security, Hon. Lucia Iipumbu. The operation kicked off recently with a parade and official opening ceremony held at the Oshana Police Headquarters in Oshakati. From there, the security team proceeded through […]

today4 August, 2025

Business / Economics

Bank Of Namibia Defends N$1 Coin Design Amid ‘Outere Dollar’ Talk

The Bank of Namibia has addressed public concerns over the new N$1 coin, explaining that its design—showing two hands exchanging coins—was created to honour the country’s retail sector and highlight values like dignified trade, resilience, and economic inclusion. The Bank’s spokesperson, Kazembire Zemburuka, clarified that the nickname “Outere Dollar” (Khoekhoegowab for “give me”) was never part of the official intent.

today4 August, 2025

Business / Economics

August Fuel Prices Remain Unchanged, Ministry Confirms

Fuel prices will stay unchanged throughout August, according to Anna Salkeus of the Ministry of Mines, Industry and Energy. While petrol saw a minor over-recovery and diesel a notable under-recovery, the National Energy Fund will offset the losses. This stability is attributed to a stronger Namibian dollar and reduced shipping costs.

today4 August, 2025

Namibia

Rehoboth Road Named After Late President Geingob

A new road named Dr Hage G. Geingob Drive was unveiled in Rehoboth on what would have been the late president’s 84th birthday. Yesterday, Former First Lady Monica Geingos, former President Nangolo Mbumba, and national leaders gathered to honour his legacy, with heartfelt tributes describing him as a man who “tried his best and died trying.” The Hage G. Geingob Presidential Centre also donated food parcels to the elderly and […]

today4 August, 2025