insert_link Business / Economics Interview: High Unemployment Puts Pressure on Revenue, Says Sheehama Business and economics expert Josef Kefas Sheehama says the country’s rising unemployment rate is putting mounting pressure on tax collection, public finances, and overall economic stability. In an exclusive interview, Sheehama explained that while the official unemployment rate climbed from 33.4% in 2018 to 36.9% in 2023, the real figure could be much higher. “If we use what we call the standard mean, unemployment could actually stand at 60%,” he […] today14 July, 2025
insert_link Business / Economics No Bail for Namcor Corruption Suspects as companies join the list Entities connected to the N$480 million Namcor corruption case face fresh scrutiny as eight people implicated were denied bail in the Windhoek Magistrate’s Court on Thursday. Magistrate Olga Muharukua presided over arguments after the Anti-Corruption Commission made the arrests. The group will attempt another bail bid on Monday, 14 July. Willem Snyman for NewsOnOne: today11 July, 2025
insert_link Business / Economics International Air Transport Association Reports May Cargo and Flight Demand Growth The International Air Transport Association says total international air travel demand climbed by 2.2% in May this year compared to May 2024, while capacity was up 2.0% and global air cargo demand also rose by 2.2%. The figures were shared by the organization’s Public and Media Relations Advisor, Linden Birns. today11 July, 2025
insert_link Business / Economics August Oil and Gas Conference to Drive Alignment The third Oil and Gas Conference, happening from 12 to 15 August , will unite industry players, government, and partners to focus on aligning the sector with national development plans during the shift from exploration to production. Jason Kasuto is the Chairperson of the Economic Association: today11 July, 2025
insert_link Namibia Anti-Corruption Day Marked with New Campaign The Anti-Corruption Commission is rolling out its Anti-Corruption Education Media Campaign today as part of African Anti-Corruption Day, themed “Promoting Human Dignity in the Fight Against Corruption.” The campaign highlights the AU Convention’s anti-corruption drive and aims to boost awareness and accountability. ACC spokesperson Josefina Nghituwamata confirmed the launch. today10 July, 2025
insert_link Namibia Urban Mobility Summit Aims to Drive Growth in Windhoek Windhoek’s Urban Mobility Conference 2025 is underway with the theme “Driving Economic Growth Through Urban Mobility.” City spokesperson Lydia Amutenya says the event brings together policymakers, private innovators, scholars and community voices to craft solutions for an upgraded, greener public transport system. The push is to make mobility more sustainable while spurring economic opportunities. today10 July, 2025
insert_link Namibia City Billing Probe Report Moves to Council Deloitte’s long-anticipated forensic report into Windhoek’s faulty billing system has been finalised and delivered to city management for consideration. City spokesperson Lydia Amutenya told NewsOnOne’s Josia Shigwedha that the council must now finalise the report before any further action is taken. today10 July, 2025
insert_link Business / Economics NamPower’s Haulofu Urges Local Plant to Tackle High Power Costs. NamPower Managing Director Simson Haulofu is calling on government to develop a national power plant to help lower electricity costs and end Namibia’s heavy reliance on imports. NewsOnOne reports that while speaking to parliament’s energy and natural resources committees on Tuesday, Haulofu said that while renewables like the 100MW solar plant are encouraging, Namibia still needs a stable long-term energy solution. today9 July, 2025
insert_link Business / Economics India’s Modi’s Visit Sparks Talks on Oil, Trade and Parliament Speech India's Prime Minister Narendra Modi starts his state visit to Namibia today, aiming to seal new deals in trade, health, and education while addressing Namibia’s parliament. Officials say oil sector investment is high on the agenda, with economic analyst Salomo Hei weighing in on what the visit could mean. today9 July, 2025
