Namibia

NBL’s earnings increase from N$3,39b to N$6,83b in 18 months

NBL's profit rose by 101.4%, from N$3.39 billion to N$6.83 billion, for the 18 months ending 31 December 2024. The company attributes this growth was largely driven by the successful integration of the Distell portfolio and significant volume increases across all product categories. Operating profit increased by 112.6% to N$896 million, reflecting volume growth in Namibia, South Africa, and export markets. NBL's supply to South Africa performed exceptionally well, with […]

April 3, 2025 28

Local

Angolan teenager herder electrocuted in Omusati

Oshikoto police say a 16-year-old Angolan youth was electrocuted on Wednesday, March 2, 2025, when he climbed an electric pole. The teenager was heading cattle in Omuthiya in Oshikoto when he was electrocuted. Another herder discovered the body when he investigated the source of the noise from the electric wires.

April 3, 2025 256

Business / Economics

Nedbank net income rose to N$956m in 2023/2024

By: Hertha Ekandjo Nedbank Namibia’s net interest income rose to N$956 million in 2024 from N$934 million in 2023. There was a 6% rise in loans and advances, reflecting a stronger demand for credit amid recovering economic conditions. Additionally, interest paid to clients grew by 2%, reaching N$1.184 billion, up from N$1.162 billion in 2023. The bank’s credit loss ratio increased to 103 basis points (bps), compared to 60 bps […]

April 2, 2025 41

Namibia

Farm 805 residents face challenges

https://youtu.be/LATKyde4q9Q By: Sylvia Kahiha Some people resettled on Farm 805 have to walk long distances to collect potable water. Farm 805 is between Havana informal settlements and Ongos Valley housing development in Windhoek. The people were moved from Otjomuise in January because of floods.

April 2, 2025 31

Crime

Student destroys vehicles, property worth N$500, 000 at Ongwediva

A student reportedly went on a destructive spree in Ongwediva causing damaged properties valued at over N$500,000 on Tuesday. Oshana Regional Commander Commissioner Naftal Lungameni Sakaria, said the incident occurred around 10h40 at Oikango No: 2 Village, near Niitembu Primary School in the Ongwediva Constituency. According to Sakaria, the incident started at the time the learners were heading to the kitchen for their lunch break, when the suspect came running […]

April 2, 2025 61

Lifestyle

Swakopmund starts with N$4.8m Mole cubicles upgrade project

By: Adolf Kaure The Swakopmund Municipality officially handed over the construction site that will mark the beginning of the N$4.8 million Mole cubicles upgrade project last week. The project will transform the old sitting areas at the Mole into enclosed cubicles designed to serve as storage facilities for Small and Medium Enterprises (SMEs) to display their unique arts and crafts. According to the Swakopmund Municipality's public relations officer, Linda Mupupa, […]

April 2, 2025 97

Namibia

Environment ministry to develop spatial tourism master plan

https://youtu.be/AfwjiU8XKiY By: Ellen Shihepo The environment ministry will develop a Spatial Tourism Master plan by June 2025 to encourage new investments to ensure industry diversification. Newly appointed environment minister Indileni Daniel says the plan is part of the ministry's adjustments to align with the SWAPO Party election manifesto.

April 1, 2025 18

Namibia

Unam to focus on people, technology and culture for the next six years

https://youtu.be/3EKndX6d2OE By : Selma Taapopi Unam plans to position itself as a research and innovation university and actively participate in the country's development path. The university will focus on people, technology, and culture to achieve operational excellence in the next six years.

April 1, 2025 16

Namibia

Government pushes for urgent formalisation of informal settlements

https://youtu.be/clcHuqSe4xY By: Envaalde Matheus Government has prioritised the formalisation of informal settlements, calling for immediate action from relevant authorities. Prime Minister Elijah Ngurare expressed the urgency of addressing housing and service delivery challenges, in line with President Netumbo Nandi-Ndaitwah’s commitment to improving living conditions. Ngurare directed ministers, governors, and regional and local authority councillors to finalise their implementation plans for the formalisation of informal settlements by April 11, 2025. […]

April 1, 2025 50