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Local authorities have requested N$500 million from the Road Fund Administration (RFA) to repair roads damaged by recent rainfall. RFA chief executive Ali Ipinge has said that 20 out of 57 local authorities have so far applied for additional funding…
The Brief
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Residents of the //Kharas, Erongo, Hardap and Omaheke regions paid the highest price for a 5kg bag of maize meal in March. This is according to the latest data released by the Namibia Statistics Agency (NSA). Consumers in these regions,…
The Brief
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The Windhoek Municipal Council has announced plans to procure low-carbon electric buses as part of efforts to enhance public transport frequency and reduce traffic congestion in the capital. The decision follows the council’s approval of the revitalisation of the Low-Carbon…
The Brief
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Oryx Properties has announced its intention to acquire the Platz am Meer Shopping Centre at Swakopmund from South African firm Safari Investments for N$290 million. The transaction, which includes undeveloped land adjacent to the shopping centre, remains subject to approval…
The Brief
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Dutch maritime contractors Van Oord and joint venture partner Boskalis have successfully completed an extensive dredging project at Walvis Bay. According to Van Oord, the project involved deepening the 10km-long access channel to the port of Walvis Bay from -14.4m…
The Brief
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Debmarine Namibia has reported a 38% decline in revenue to N$8.5 billion for 2024, attributing the drop to reduced diamond prices and lower production levels. The country produced 2.234 million carats of rough diamonds, marking a 4% decrease from the…
The Brief
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The Namibia Tourism Board (NTB) has appointed Olavi Hamwele as its new chairperson, effective from 1 December 2024 to 30 October 2026. Hamwele previously served as interim chair following the resignation of former board chair Janette Fourie last year. He…
The Brief
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The Road Fund Administration (RFA) says the recent 20-cent fuel levy increase will generate approximately N$400 million, an amount far short of the N$3.8 billion required to address Namibia’s road infrastructure funding shortfall. RFA chief executive Ali Ipinge notes that…
The Brief
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The National Housing Enterprise (NHE) reported a significant increase in its revenue for the 2023/2024 financial year, reaching N$229 million, up from N$169 million in 2023. This 35% rise in revenue was attributed to the sale of housing units, which…
The Brief
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The parliamentary standing committee on natural resources has proposed an increase in Namibia’s annual seal harvesting quotas, recommending a rise from the current 50 000 to 200 000 seals for a fixed period. The proposal aims to control the growing…
The Brief
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A project worth N$665 million to address Rundu’s growing water demands and improve infrastructure has been launched. The Rundu Water Treatment Plant Extension Project is the initiative of the Namibia Water Corporation (NamWater) in partnership with the African Development Bank…
The Brief
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The parliamentary standing committee on economics and public administration has proposed measures to improve conditions for informal workers in Namibia. These include infrastructure development, policy and legal frameworks, and financial inclusion. The proposal follows the committee’s call for the implementation…
The Brief
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