Business / Economics NamRA surpasses revenue target for FY2024/5, collects N$88.6 billion By: Hertha Ekandjo The Namibia Revenue Agency (NamRA) has exceeded its revenue target for the financial year FY2024/5, collecting a net total of N$88.6 billion, which amounts to 103.81% of the target of N$85.3 billion. For the period from April 1, 2024, to March 31, 2025, NamRA collected N$98.9 billion in gross revenue. After refunds totaling N$10.4 billion, the net revenue stood at N$88.6 billion. Comparing this to the previous […] today8 April, 2025
Africa Swartbooi says that more funds won’t fix education sector https://youtu.be/Scr3P0W8bw8 By: Josia Shigwedha Landless People’s Movement (LPM) leader Bernadus Swartbooi says despite the increased budget allocation to the ministry of education, no real changes will be seen in the country’s education sector. This comes after the recently merged education ministry saw a budget increase from around N$18 billion in 2024/2025 to nearly N$25 billion in the 2025/2026 national budget. The newly appointed finance minister, Ericah Shafudah, tabled the […] today8 April, 2025
Environment Schlettwein says land bill must address colonial land disparities https://youtu.be/GW6BdAzCi_s By: Envaalde Matheus The former agriculture minister, Calle Schlettwein, says the land bill must tackle the country’s skewed land ownership structure. The land bill is designed to unify and streamline land governance by consolidating laws governing communal and commercial land into a single legal framework. Schlettwein said the bill elapsed due to the prolonged formulation process and had to be tabled at the end of the 7th National […] today3 April, 2025
Namibia Steenkamp says successful collaboration requires commitment https://youtu.be/ONgtHpS-BVk By: Josia Shigwedha The newly appointed education minister Sanet Steenkamp said successful integration does not happen automatically but requires effort, collaboration, and a commitment to work together. Steenkamp heads the expanded Ministry of Education, Innovation, Youth, Sport, Arts, and Culture. Speaking at a meet-and-greet event at Eros Primary School in Windhoek on Wednesday, April 2, 2025, Steenkamp highlighted the need for collective efforts as two ministries merge into […] today3 April, 2025
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 […] today2 April, 2025
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. today2 April, 2025
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. today1 April, 2025
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. today1 April, 2025
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. […] today1 April, 2025
