insert_link Business / Economics GIPF commits over N$2 billion to sustainable investments Blueberries (Photo: Mashare Agri Group via Facebook) The Government Institutions Pension Fund (GIPF) has reaffirmed its commitment to driving inclusive growth through sustainable investments. Speaking at the AFI Global Policy Forum in Swakopmund, GIPF Chairperson Penda Ithindi highlighted the Fund’s support for projects including Mashare Berries, the Omburu Solar Plant, and green bonds. In addition, GIPF has committed more than N$2.1 billion to infrastructure projects that advance Namibia’s energy transition […] today16 September, 2025
insert_link Business / Economics Interview: 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 Namibia President Nandi-Ndaitwah outlines policy priorities in State of the Nation Address WINDHOEK — In her first State of the Nation Address since assuming office, President Netumbo Nandi-Ndaitwah laid out a policy agenda focused on economic recovery, social equity, youth employment, and the restoration of public trust in government institutions. Speaking before a joint session of Parliament on Thursday afternoon, Nandi-Ndaitwah acknowledged the country’s persistent economic and social challenges, but said her administration is committed to “delivering practical, people-centered solutions” aimed at […] today25 April, 2025
insert_link Business / Economics Hangala backs Air Namibia revival as government invests N$20 million in feasibility study The government has allocated N$20 million for a feasibility study to assess the revival of Air Namibia, with the goal of relaunching the national airline by 2026. Dr. Leake Hangala who is the Chairperson of the Namibia Airports Company, has voiced strong support for the initiative, stressing the airline’s role in national development and economic growth. Speaking on the proposal, Dr. Hangala expanded on the importance of having a functional […] today3 April, 2025
insert_link Business / Economics US investors to buy Panama canal ports from Hong Kong-based owner A consortium of US investors has agreed to buy majority stakes in two ports on the Panama canal from a Hong Kong-based company for nearly 20 billion dollars. The deal comes in the wake of allegations by the Trump administration that Chinese influence over the waterway poses a security risk to the US. Ira Spitzer reports. today5 March, 2025
insert_link South Africa South Africa Faces Water Crisis as Gauteng Nears Day Zero The DA's deputy spokesperson on Water and Sanitation, Stephen Moore, says Gauteng’s water Day Zero nears as municipalities lose nearly 50-percent of clean water to leaks and faults. Moore says Johannesburg reservoir levels have already dipped below 70-percent. Moore warns that rising water demand, as schools and businesses reopen, could plunge the province into crisis. He urges investment in infrastructure, and immediate action: today16 January, 2025
insert_link Africa Biden Expresses Pride In Visit to Angola US President Joseph Biden expressed pride in being the first American president to visit Angola as he began talks with President João Lourenço. And according to BBC Africa, the discussions at the presidential palace in Luanda focused on security and trade, with the US government backing a new 1,300km railway project linking an Angolan port to mining regions in the Democratic Republic of Congo and Zambia. today4 December, 2024
insert_link Namibia National Council’s Oversight Committee Releases Report On Rural Road Conditions In a crucial effort to address the challenges faced by rural communities, the National Council's Standing Committee on Transport, Infrastructure, and Housing embarked on oversight visits to assess road conditions across multiple regions. In a recent statement released, from September 26 to October 15, 2022, and again from August 7 to 31, 2023, the committee explored the accessibility of essential services such as schools and clinics, aiming to enhance infrastructure […] today6 November, 2024
insert_link Business / Economics 18 October 2024 Morning Biz News: BoN to Launch Sustainability Forum, South Africa Eyes Lower Inflation, Nigeria Reaps Reform Benefits, UK Eases Fiscal Limits The Bank of Namibia , in partnership with the Ministry of Finance, NAMFISA, and various financial institutions, is preparing to introduce a coordinated forum to promote sustainability in the financial sector, according to The Brief. BoN Governor Johannes !Gawaxab announced that the platform, slated for launch in the coming weeks, will enhance coordination and collaboration on sustainability initiatives. In other financial news, South Africa’s central bank governor, Lesetja Kganyago, reaffirmed […] today18 October, 2024
