insert_link Nam Elections 2024 Amutse Appointed as New Minister of Industries, Mines and Energy President Netumbo Nandi-Ndaitwah has named Modestus Amutse as the new Minister of Industries, Mines and Energy, with the appointment taking effect yesterday. The decision, as per the presidency’s socials, is made in line with Article 35 of the constitution, which authorises the President to appoint Ministers from the National Assembly to oversee government functions. Amutse enters the portfolio with substantial public service experience, having served as Deputy Minister of Information and Communication Technology, as well as a Member of Parliament […] today3 December, 2025
insert_link Business / Economics Government denies claims of plan to buy stake in De Beers De Beers store (Photo by: Financial Times) The government has rejected reports suggesting that the Cabinet approved a plan for the country to acquire a stake in the De Beers Group. The rumoured transaction claimed Namibia would purchase a 10–15% share in the global diamond company, valued at roughly N$14.5 billion, together with Botswana and Angola. In a statement, the Ministry of Industrialisation, Mines and Energy clarified that the Cabinet […] today19 November, 2025
insert_link 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 […] today1 October, 2025
insert_link Business / Economics 2025 Mining Expo Opens with Record Participation The 2025 Mining Expo and Conference launches today, marking its largest edition yet. Exhibitors have increased from 168 to 196, and booth spaces have risen from 268 to 313. Visitor registrations hit a record 7,831, a 31.7% increase from 2023. The event focuses on promoting skills development and boosting interest in the mining sector, says Lauren Graham, Chief Economist at the Chamber of Mines. today5 August, 2025
insert_link Business / Economics Private Sector Credit Growth Accelerates to Pre-Pandemic Levels . Private sector credit grew by 5.7% year-on-year in June, up from 4.1% in May—the fastest pace since early 2020. Corporate credit surged 10.6%, fueled by strong activity in mining, energy, retail, and manufacturing sectors. Overdrafts jumped 17.4%, driven largely by real estate development and rising consumer demand, explained Simonis Storm economist Almandro Jansen. today5 August, 2025
insert_link South Africa South Africa loses 74,000 formal jobs in Q1 2025—Stats SA Labour market challenges. Photo: Statistics South Africa Statistics South Africa has revealed that the country lost 74,000 formal sector jobs in the first quarter of 2025. According to Eyewitness News, employment dropped from 10.65 million in December 2024 to 10.58 million by March—a decline of 0.7%. Full-time positions fell by 55,000, while part-time roles declined by 19,000. The trade industry was hit hardest, accounting for approximately 70% of overall losses—around […] today25 June, 2025
insert_link Business / Economics Trigon Metals, Union Secure Deal for Retrenched Workers Trigon Metals’ Kombat Mine and the Mineworkers Union have reached an agreement benefiting 533 retrenched employees. According to a media statement, the deal includes severance pay, leave compensation, relocation support, and employer-covered medical exams. Retrenchment packages are set to be paid today, with a recall list ensuring priority rehiring if operations resume today25 February, 2025
insert_link Business / Economics UNAM Students Complete Internship at Mines Ministry Thirteen students from the University of Namibia’s southern campus have concluded their three-month internship at the Ministry of Mines and Energy. As part of their course requirements, they presented their end-of-internship reports at the ministry in Windhoek. One Africa TV NewsOnOne’s Eric Mhunduru reports that the internship programme is a collaboration between the ministry and mobile operator MTC. Catch the latest full bulletin on oneafrica.tv. Weeknights at 7 watch it […] today24 February, 2025
insert_link Namibia UNAM Students Complete Internship at Mines Ministry Thirteen students from the University of Namibia’s southern campus have concluded their three-month internship at the Ministry of Mines and Energy. As part of their course requirements, they presented their end-of-internship reports at the ministry in Windhoek. One Africa TV NewsOnOne’s Eric Mhunduru reports that the internship programme is a collaboration between the ministry and mobile operator MTC. Catch last night's full bulletin on oneafrica.tv. Weeknights at 7 watch it […] today22 February, 2025