economy

economy

NHE targets to build 20 000 houses by 2029

NHE targets to build 20 000 houses by 2029

Africa-Press - Namibia. The National Housing Enterprise (NHE) aims to deliver 20 000 houses over the next five years. This is part of its new...
Erongo RED modernises power services

Erongo RED modernises power services

Africa-Press - Namibia. Erongo RED has launched a new mobile application and made major progress in bringing electricity to the community in the Erongo...
China supports Namibia’s push for value addition

China supports Namibia’s push for value addition

Africa-Press - Namibia. The Chinese ambassador to Namibia, Zhao Weiping, says China supports Namibia’s goal of industrialisation and value addition. Speaking at his second press...
Namibia Pays Off US$750M Eurobond Without Service Cuts

Namibia Pays Off US$750M Eurobond Without Service Cuts

Africa-Press - Namibia. The minister of finance, Ericah Shafudah, says the redemption of Namibia’s US$750 million Eurobond marks a milestone in the country’s economic...
Grindrod Invests in Walvis Bay Trade Corridors

Grindrod Invests in Walvis Bay Trade Corridors

Africa-Press - Namibia. Grindrod Logistics has opened a new warehouse facility at the Port of Walvis Bay to boost cargo handling and strengthen Namibia’s...
LPM slams national budget as political tool

LPM slams national budget as political tool

Africa-Press - Namibia. The Landless People’s Movement (LPM) has accused President Netumbo Nandi-Ndaitwah’s administration of employing the national budget as a political instrument...
Nandi-Ndaitwah's Tanzania Link and Strategic Cooperation

Nandi-Ndaitwah’s Tanzania Link and Strategic Cooperation

Africa-Press - Namibia. Namibia and Tanzania have embarked on a new chapter in their bilateral relations by agreeing to intensify strategic cooperation aimed at...
RMB says Namibia’s growth ‘stuck in neutral’

RMB says Namibia’s growth ‘stuck in neutral’

Africa-Press - Namibia. Namibia has been ranked 17th in RMB’s 2025/26 Where To Invest In Africa report. The report describes the country’s economy as...
Old Mutual announces new chief investment officer

Old Mutual announces new chief investment officer

Africa-Press - Namibia. The Old Mutual Investment Group Namibia (OMIGNAM) has appointed Sara Mezui Engo as chief investment officer of unlisted investments, effective immediately. Mezui...
Namdia invests N$5.9 million in schools

Namdia invests N$5.9 million in schools

Africa-Press - Namibia. The Namdia Foundation has invested N$5.9 million to improve learning conditions in the Kavango West region through the construction of three...