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Govt gets 61% of Otjikoto’s profit as closure looms

B2gold Namibia paid 61% of its N$4.1 billion pre-tax profit to the government in 2024 as the Otjikoto gold mine approaches closure. The company achieved record revenue of N$8.8 billion from its Otjikoto mine last year, and paid N$2.5 billion…

ZIMKHITHA SULELO and ALISON RAYMOND

Namibian grapes soon to be sold in China

Namibia is in the final stages of signing an agreement that will see the country gaining access to China’s grape market of 1.3 billion people. This is estimated to earn the country N$200 million seasonally from China’s market. Currently, the…

ZIMKHITHA SULELO and ALISON RAYMOND

Personal Financial Management for Politicians

Following last year’s presidential and national elections, there have been many political changes in Namibia. This will continue with our regional and local authority elections slated for the end of the year. The past few months and especially the past…

ZIMKHITHA SULELO and ALISON RAYMOND

Agronomic board prepares to award outstanding producers

The Namibian Agronomic Board (NAB) will hold this year’s National Agronomy and Horticulture Awards (Naha) at Katima Mulilo in the Zambezi region in September. This was confirmed by NAB spokesperson Liseli Mwilima, who says to kick-start preparations, the board is…

ZIMKHITHA SULELO and ALISON RAYMOND

FNB Insurance launches road safety partnership with LEFA

FNB Insurance Namibia launched a partnership with transportation service LEFA, aimed at protecting their clients and empowering them to make smart choices through responsible driving. Speaking at the launch of the event on Tuesday in Windhoek, FNB Insurance CEO Georg…

ZIMKHITHA SULELO and ALISON RAYMOND

Brave 5 Gladiators edge Casablanca Select Team

Namibia’s Futsal Women’s National Team, the Brave 5 Gladiators, clinched a thrilling 4-3 victory over a Selection team from the Ligue du Grand Casablanca in a warm-up friendly in Casablanca, Morocco on Tuesday.  The match served as a key preparatory…

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Over 1 000 voters registered at Kamanjab, Sesfontein ahead of by-elections

A total of 1 039 eligible voters were registered during the supplementary process in the Kunene region’s Kamanjab and Sesfontein constituencies ahead of by-elections in June. The three-day supplementary registration process commenced on Thursday and concluded at 19h00 on Saturday.…

ZIMKHITHA SULELO and ALISON RAYMOND

Bank of Namibia keeps repo rate at 6.75%

The Bank of Namibia on Wednesday maintained its repo rate at 6.75%. The decision, taken by the bank’s Monetary Policy Committee (MPC), is aimed at safeguarding the peg between the Namibia dollar and the South African rand, while supporting the…

ZIMKHITHA SULELO and ALISON RAYMOND

Renault Kiger: Small heart with a big roar

OFFERING surprising performance from its small engine, the Renault Kiger presents itself as a practical, fuel-efficient, and stylish semi-crossover featuring ample space and essential safety features. The Renault Kiger’s 1.0L three-cylinder petrol engine may sound too small for a semi-crossover,…

ZIMKHITHA SULELO and ALISON RAYMOND

Namibia’s cash loans owed N$8.1 billion

As at the end of 2024, cash loan businesses in the country were owed N$8.1 billion. This is according to the quarterly report of the Namibia Financial Institutions Supervisory Authority (Namfisa), which regulates the non-banking financial sector. The report says…

ZIMKHITHA SULELO and ALISON RAYMOND

Budget discussions continue in parliament

Members of the National Assembly are continuing to scrutinise the 2025/26 appropriation bill, with some arguing that the multibillion-dollar budget fails to meet the needs of the average Namibian. In his contribution to the budget debate on Tuesday, Mathieas Mbundu…

ZIMKHITHA SULELO and ALISON RAYMOND