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Shania Lazarus

Shania Lazarus


Latest posts from this author

National budget to be tabled on Thursday

The minister of finance and social grant management, Erica Shafudah, will table the national budget in parliament on Thursday. “The national budget is set to appropriate amounts of money ensuring the fulfillment of the state’s financial needs,” says Wilson Shikoto,…

Shania Lazarus

Namibia buys potatoes worth N$47.3 million from SA

In the last four months of 2024, Namibia bought potatoes worth N$47.3 million, mainly from South Africa. According to the Namibia Statistics Agency (NSA) report on fourth quarter agriculture and fishing indicators, the import bill for horticulture products was valued…

Shania Lazarus

Govt commits N$145 million to bridging rural digital divide

The government has allocated N$145 million over the next three years to enhance digital connectivity in rural areas and underserved communities. This will be done through the Universal Service Fund (USF), which was launched last week by the Communications Regulatory…

Shania Lazarus

SACU, taxes drive Namibia’s economic growth

Namibia’s economy experienced notable growth in 2024, with both gross national income (GNI) and gross national disposable income (GNDI) increasing, according to the Namibia Statistics Agency (NSA) annual national accounts report. GNI, which measures the income generated by Namibian factors…

Shania Lazarus

Namibia contributes N$650m to Old Mutual Group profits

Old Mutual Namibia has contributed N$650 million to Old Mutual Group’s overall profits of N$8.7 billion for the 2024 financial year. The managing director of Old Mutual Africa Regions, Clement Chinaka, said in an exclusive interview with The Namibian on…

Shania Lazarus

Pick n Pay rebrandsto Model – again

The Ohlthaver & List (O&L) Group will be replacing Pick n Pay Namibia with the Model brand from 1 July. This comes as O&L terminates its franchise agreement with Pick n Pay (PnP) South Africa, which operates Pick n Pay…

Shania Lazarus

Financial institutions act faces fresh hurdles in parliament

The implementation of the Financial Institutions and Markets Act (Fima) is faced with further delay as parliamentarians push for greater oversight of its regulations. Fima, initially slated to take effect in 2022, has faced criticism from various sectors after a…

Shania Lazarus

NamPower, Telecom, MTC given 30 days to revisit unfair agreement

The Namibian Competition Commission (NaCC) has given Mobile Telecommunications Company (MTC), Namibia Power Corperation ( NamPower ) and Telecom Namibia (TN) 30 days to find a find a solution to the prohibitive and unfair agreement that they signed in 2012…

Shania Lazarus

Namibia won’t follow South Africa’s VAT hike

The Ministry of Finance and Public Enterprises says it will not be following in South Africa’s footsteps to raise value added tax (VAT). Last week, South Africa raised its VAT by 0.5% after initially proposing a 2% increase that was…

Shania Lazarus

Namibia 3 weeks away from first green iron production

Hyiron Oshivela is set to produce its first green iron ore in three weeks after the company announced the successful production of green hydrogen last week. This will be the continent’s first production of green iron, which is iron produced…

Shania Lazarus

Namibian girls invited to participate in Indian satellite space project

The High Commission of India has announced the launch of Mission ShakthiSAT-Namibia, offering Namibian girls the opportunity to participate in a lunar orbit satellite launch. Mission ShakthiSAT-Namibia will enrol 108 selected Namibian girls in a training programme. “The objective is…

Shania Lazarus

Solar energy usage lagging in sun-rich Namibia

Despite being ranked as having some of the best sunlight globally, less than 12% of Namibians utilise solar energy.The country has an average of 10 hours per day and 300 days of sunshine annually. Deputy minister of mines and energy…

Shania Lazarus