Namibia Archives - Page 53 of 481

Ondangwa Town Council commits N$14.5 million to road upgrade

By Maria Namupala The Ondangwa Town Council has committed N$14.5 million to upgrade and surface a 1.3km access road in Extension 7. Chief Executive Officer Ismael Namgongo announced the project during a groundbreaking ceremony today. Namgongo said that the road upgrade is necessary for connecting businesses and institutions, including NORED, GIPF, and Ondangwa Private Hospital. "This project is part of the Council's five-year Strategic Plan (2023–2028), which aims to address […]

1 October, 2025

Namibia

African exports to the U.S. hit as AGOA expires

Pictured is the Minister of International Relations and Trade, Amb. Selma Ashipapa-Musavyi The African Growth and Opportunity Act (AGOA), which provided duty-free access to over 1,800 products from 32 African nations to the U.S. market, officially expired on September 30. While the Trump administration supported extending the act, Congress did not pass the necessary legislation before the deadline. This expiration follows a suspension earlier in the year due to the […]

1 October, 2025

Business / Economics

GDP growth slows to 1.6% in second quarter

Photo: Adobe stock Namibia’s economy grew by 1.6 percent year-on-year in the second quarter of 2025, down from 2.8 percent in the first quarter and 3.3 percent in the same period of 2024, according to a new report by the First National Bank of Namibia (FNB). FNB economist Helena Mboti said the data indicates the strain on consumers.“Private consumption collapsed to negative 7.2 percent year-on-year in the second quarter of […]

1 October, 2025

Namibia

Swartbooi Demands Fishrot Suspects’ Release

Willem Snyman for NewsOnOne reports that LPM leader Bernadus Swartbooi is calling for the release of the Fishrot accused, claiming the state is holding them without evidence. At a Tuesday media briefing at LPM headquarters, Swartbooi described the trial as a failure of Namibia’s justice system and an attack on the rule of law.

1 October, 2025

Business / Economics

NamPost Pilots Social Grant Payments.

NamPost will start piloting social grant payments on 9 October at Okahandja and Omitara post offices, with mobile payouts at Groot Aub and Otjimbingwe. The test run comes ahead of a nationwide rollout from 13 October, following the finance ministry’s decision to appoint NamPost as the official grant payment provider, says NamPost’s Corporate Communications Officer: Joseph Teofelus.

1 October, 2025

Business / Economics

Local Vehicle Sales Dip in August.

Domestic Vehicle sales fell 3.7% in August to 1,261 units but remain 26.7% higher than last year. Dealerships dominate with 93% of year-to-date sales, while rental companies mainly support mid-to-premium brands, says Simonis Storm economist Almandro Jansen.

1 October, 2025

Health / Medical

Katutura Hospital Gets Cutting-Edge Full-Body X-Ray Machine

Katutura Intermediate Hospital has received a state-of-the-art full-body X-ray machine, the Lodox, which can scan the entire body in just 13 seconds. According to NewsOnOne's Selma Taapopi, the N$13 million machine was donated by the Motor Vehicle Accident Fund and is the first of its kind in local patient care, expected to enhance trauma assessment and clinical services.

30 September, 2025

Business / Economics

Next-Generation Namibia Dollar Enters Circulation in Mariental

Upgraded Namibia Dollar banknotes and a new coin series have been officially released by the Bank of Namibia at a ceremony in Mariental, Hardap Region. The currency was first unveiled by President Dr. Netumbo Nandi-Ndaitwah in July as part of the Bank’s 35th anniversary celebrations, highlighting “Our Currency, Our Heritage, Our Pride,” according to Acting Deputy Director of Corporate Communications and Sustainability Naufiku Hamunime. As of today, the upgraded banknotes […]

30 September, 2025

Business / Economics

Microlending Sees Sharp Growth

Reliance on microlenders continues to climb, the latest report from the Namibia Financial Institutions Supervisory Authority reveals. Term borrowers average nearly N$28,000 per month, while payday borrowers, who constitute 82 percent of the portfolio, borrow just under N$4,000. Total loans jumped 45 percent in 2024 to N$5.2 billion: NamFISA chief executive officer Kenneth Matomola.

30 September, 2025