economy

economy

NHE lends hand to informal settlement

NHE lends hand to informal settlement

Africa-Press - Namibia. The National Informal Settlement Upgrading Programme (NISUP), which is aimed at assisting families transform their temporary structures into dignified, permanent homes,...
GIPF assets hit N$183b

GIPF assets hit N$183b

Africa-Press - Namibia. The Government Institutions Pension Fund (GIPF) has recorded a 9% growth in assets under management, which increased to N$183 billion in...
Nam-SA Orange River conflict spills over

Nam-SA Orange River conflict spills over

Africa-Press - Namibia. Namibia has refused to allow the commencement of Phase 2 of the South Africa-Lesotho Highlands Water Project due to irrefutable scientific...
Trade deficit shrinks to N$393m in December

Trade deficit shrinks to N$393m in December

Africa-Press - Namibia. Namibia recorded a trade deficit of N$393 million in December 2025, a sharp improvement from the N$4.4 billion deficit recorded...
GIPF assets grow by N$16bn

GIPF assets grow by N$16bn

Africa-Press - Namibia. The Government Institutions Pension Fund (GIPF) recorded growth in assets from about N$167 billion as of 31 March 2024 to...
Diamond production falls 21% in Q4

Diamond production falls 21% in Q4

Africa-Press - Namibia. Namibia’s diamond production fell by 21% to 500 000 carats in the fourth quarter of 2025, mainly due to scheduled...
TotalEnergies targets oil production around 2030

TotalEnergies targets oil production around 2030

Africa-Press - Namibia. TotalEnergies says offshore oil production in Namibia could begin around 2029 or 2030, subject to regulatory approvals and the timing...
Crimes against tourists give NNN headaches

Crimes against tourists give NNN headaches

Africa-Press - Namibia. President Netumbo Nandi-Ndaitwah says she is concerned about rising criminal acts against tourists. Nandi-Ndaitwah said the trend threatens the country’s tourism sector...
Namcor and partners host offshore oil and gas masterclass

Namcor and partners host offshore oil and gas masterclass

Africa-Press - Namibia. Namcor, in partnership with SBM Offshore and the Namibia Youth Energy Forum, hosted an FPSO masterclass at the Namcor Auditorium on...
New law bars officials from oil stakes

New law bars officials from oil stakes

Africa-Press - Namibia. Senior officials who will run the upstream petroleum sector will now be required to declare their assets and business interests under...