insert_link Business / EconomicsInterview: Business Researcher Josef Sheehama on Beneficiation and External Loans: A Strategic Outlook for Namibia’s Economic Future IntroductionIn a recent interview, business researcher Josef Sheehama offered a comprehensive view of Namibia’s economic strategy, emphasizing the dual importance of beneficiation and external loan management. His vision for Namibia's economic independence hinges on industrialization, foreign direct investment (FDI), and leveraging natural resources to reduce dependency on external debt. 1. Namibia’s Vision 2030: Charting a Path to Industrialization Sheehama emphasizes that Vision 2030 is more than a governmental slogan—it […] today12 May, 2025
Business / EconomicsInterview: Gabriel Erastus on the African Development Bank and Namibia’s Economic Future As the African Development Bank (AfDB) faces changing dynamics in its funding sources, economist Gabriel Erastus offers insightful perspectives on how this shift could affect Namibia and the broader African continent. With the United States reducing its contributions to the AfDB, Erastus believes it’s time for African nations to step up and take greater ownership of the funding process, which could empower the continent to direct capital toward its own […] today12 May, 2025
insert_link NamibiaTrans-generational trauma among descendants of Namibia’s 1904–1908 Genocide Ovaherero in chains. During the colonial period in German South West Africa, now Namibia, the Germans brutally suppressed the indigenous population. (Image source: www.spiegel.de) By: Vitalio Angula Clinical Psychologist Edwina Mensah-Husselmann says supporting young people in processing inherited trauma is not about shielding them from painful truths, but about affording them the tools, language, and support to hold that truth with strength, pride and purpose. Speaking at the Trilogy […] today10 May, 2025
insert_link Business / EconomicsAlexforbes Namibia names new managing directors Alexforbes House, Windhoek Alexforbes Namibia has announced leadership changes across its group of companies to strengthen its operational efficiency and its position as a leading investment destination. The information was disclosed in a media release dated 9 May 2025. According to the statement, the new appointments, which took effect on 1 April 2025, are part of an organisational restructure designed to deliver better outcomes for clients. These changes include the […] today10 May, 2025
insert_link NamibiaOranjemund authorities warn residents to avoid Orange River The Oranjemund Town Council has issued a warning to residents, advising them to steer clear of the Orange River due to rapidly rising water levels and strong currents, which have rendered the river unsafe for swimming. In a statement, the council said that the heightened water levels pose significant risks, particularly to those attempting to swim or cross the river. “Residents are strongly urged to avoid the Orange River […] today7 May, 2025
insert_link Business / EconomicsCourt hears Namdia diamond heist case as investigations continue Three individuals appeared in the Keetmanshoop Magistrate’s Court on Wednesday, facing charges under the Prevention of Organised Crime Act and the illicit trafficking of goods under the Diamond Act. The case, which has drawn significant public interest, was postponed to 7 August 2025 as police continue their investigation. The suspects were apprehended on Monday following coordinated police raids at their residences. The arrests are linked to diamonds stolen in […] today7 May, 2025
insert_link Business / EconomicsVenus field development proceeds despite Marula-1X setback The National Petroleum Corporation of Namibia Head Office Windhoek, Namibia — The National Petroleum Corporation of Namibia and its joint venture partners—TotalEnergies, QatarEnergy, and Impact Oil & Gas—are moving forward with the development of the Venus Field in Block 2913B (PEL 56), offshore Namibia. This decision comes despite the recent unsuccessful drilling of the Marula-1X exploration well. The Marula-1X well, located approximately 47 kilometers south of the Venus-1X discovery, […] today7 May, 2025
insert_link NamibiaFormer Nudo leader Kauandenge forms Asoli for Windhoek municipal elections Former Nudo Secretary General, Josef Kauandenge Windhoek, Namibia—Former Member of Parliament and ex-National Unity Democratic Organisation (NUDO) secretary general Josef Kauandenge has unveiled a new political entity, the Association for Localised Interest (Asoli), which targets active participation in the upcoming Windhoek municipal council elections. Asoli, already registered with the Electoral Commission of Namibia, is set for its official launch this Friday in Windhoek. The movement seeks to invigorate the political […] today7 May, 2025
Business / EconomicsInternational relations ministry hit by exchange rate pressures, budget strains By: Hertha Ekandjo The Ministry of International Relations and Trade faced a series of financial challenges during the 2024/2025 fiscal year, largely driven by exchange rate fluctuations that affected the majority of its operational budget. According to minister, Selma Ashipala-Musavyi, who presented the ministry’s budget speech in Parliament last week, approximately 80% of the ministry’s operational budget was impacted by volatile currency movements. These fluctuations, she said pose a […] today7 May, 2025
