Namibia Should Ditch Its Currency Peg to South Africa
Africa-Press - Namibia. This week, The Bank of Namibia unveiled newly upgraded coins – the country’s first major redesign since independence – and introduced...
40% of Namibians suffer financial stress
Africa-Press - Namibia. Ngurare opens up about almost taking his life
Financial stress is increasingly affecting the mental health of Namibians, with experts linking economic...
BW Energy Contracts Deepsea Mira Rig for Kharas Well
Africa-Press - Namibia. BW Energy has contracted the Deepsea Mira semi-submersible rig to drill the //Kharas appraisal well on the Kudu licence (PPL003) offshore...
Govt Aims for 15% Local Oil Share by 2030
Africa-Press - Namibia. In the next five years, the government plans to increase carried participation from 10% to 15%. This goal is outlined in...
Financial sector misses local ownership target by 5%
Africa-Press - Namibia.
The financial sector has underperformance in several areas, with local ownership and control reaching only 20% against a target of...
Namibia’s Tax Policy Gaps Threaten Investor Confidence
Africa-Press - Namibia. Namibia’s limited network of tax treaties and lack of clear transfer pricing rules undermine efforts to attract long-term international investment, experts...
Namibia Launches 10-Year Financial Sector Strategy
Africa-Press - Namibia. The Bank of Namibia has launched a 10-year financial sector strategy focused on digital transformation, inclusion, localisation and sustainable economic growth.
The...
Ongwediva Town Council Allocates 266 Residential Erven
Africa-Press - Namibia. The Ongwediva Town Council plans to allocate 275 erven, including 266 single residential plots, at Efidi extension 6.
It has urged members...
Hollard Namibia Sponsors Swakopmund Walkway for Three Years
Africa-Press - Namibia. Hollard Namibia has entered into an official partnership with the Swakopmund municipality to sponsor the iconic ‘Promenade’, a palm-lined path along...
Oil and Gas Access for All Namibians at Summit
Africa-Press - Namibia. Presidential adviser and head of the upstream petroleum unit Kornelia Shilunga says Namibia’s oil and gas resources must benefit all citizens...