Namibia

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Namibia

Bank of Namibia Investigates Unlicensed Banking Activities by CBI Exchange Namibia

The Bank of Namibia has undertaken an investigation into the business operations of CBI Exchange Namibia and Coenraad Barend Nolte Botha, who are suspected of engaging in banking activities by accepting deposits from the public without proper licensing. Neither CBI Exchange Namibia nor Coenraad Barend Nolte Botha were authorized by the central bank to carry out banking operations. This information was provided by Kazembire Zemburuka, the Director of Strategic Communications […]

today14 March, 2024

Namibia

President Nangolo Mbumba Set to Deliver Maiden State of the Nation Address

This afternoon, President Nangolo Mbumba is scheduled to deliver his inaugural State of the Nation Address at Parliament. The State of the Nation Address marks Mbumba's first official address of this kind. Typically, the address is given during the committee stage of debates on the annual Appropriation Bill in the National Assembly. Local political analyst Rakkel Andreas shared this insight.  

today14 March, 2024

Namibia

Activist Rosa Namises Discusses High Youth Unemployment and Parents’ Pension reliance

Activist Rosa Namises comments on the situation where, according to the Namibia Statistics Agency's initial findings, over 71.1% of the population under 35 years of age, out of the total population exceeding 3 million, are predominantly unemployed. This alarming rate of youth unemployment contributes to a greater reliance on their parents' Old Age Pension, currently set at N$1600 per month.  

today14 March, 2024

Namibia

Namibia’s Youthful Demographic Challenges: Population Hits Three Million

Alex Shimuafeni, the statistician general of the Namibia Statistics Agency, has disclosed that Namibia's population has reached three million, with a significant portion of 2.1 million being young individuals. This demographic trend is anticipated to perpetuate issues such as youth unemployment, poverty, and inequality, according to experts. The data unveiled an increase in the country's population from 2.1 million in 2011 to three million in 2023. Statistics indicate that 71.1% […]

today14 March, 2024

Namibia

President Mbumba to deliver 2024 State of the Nation Address tomorrow

President Nangolo Mbumba is set to deliver the 2024 State of the Nation Address in the National Assembly tomorrow. He will cover the state of the nation, and future government policies, and review policies from the previous year. Political Analyst Ndumba Kamwanya says he expects President Mbumba to address the ballooning unemployment rate.

today13 March, 2024

Namibia

Walvis Bay taxi drivers go on strike

Walvis Bay’s taxi operators staged a protest against potholes and exorbitant traffic fines in the town on Tuesday. The group intends to deliver a petition to the municipality on Wednesday. The protest was sparked by the municipality's failure to address their concerns after receiving two petitions in 2023. Here is Walvis Bay Mayor, Trevino Forbes.

today13 March, 2024

Namibia

Namibia’s population increases to more than 3 million

According to the 2023 Namibia Population and Housing Census conducted by the Namibia Statistics Agency, the country’s total population on 24 September 2023, stood at 3,022,401 (three million twenty-two thousand four hundred one). The enumeration period spanned from September 25 to October 6, 2023. Preliminary findings reveal that females make up 51.2% of the population, while males account for 48.8%. Statistician-General, Alex Shimuafeni says the final results may slightly differ from […]

today13 March, 2024

Namibia

Minister Uutoni Stresses Collaboration for Local Development

Erastus Uutoni, the  Urban and Rural Development minister, emphasized the importance of collaboration among municipalities, regional councils, and traditional authorities, stating that local authorities must not operate independently. Speaking at the Association of Local Authorities in Namibia local economic development conference in Lüderitz, Uutoni urged local authorities to share success stories, exchange insights on overcoming challenges, and combine resources for effective development initiatives.

today13 March, 2024