economy

economy

Loans drive bank assets to N$185b

Loans drive bank assets to N$185b

Africa-Press - Namibia. Namibia’s banking sector assets rose by 3.1% to N$184.7 billion in the third quarter of 2025 due to an increase in...
President Launches Namibia Grape Company Housing Project

President Launches Namibia Grape Company Housing Project

Africa-Press - Namibia. PRESIDENT Netumbo Nandi-Ndaitwah has officially launched the Namibia Grape Company’s Staff Housing Project in Aussenkehr, in the //Kharas Region. The launch formed...
Horse mackerel sustainability worries grow

Horse mackerel sustainability worries grow

Africa-Press - Namibia. Sustainability concerns persist in Namibia’s horse mackerel industry, the Oceana Group has said. Cabinet reduced the horse mackerel total allowable catch...
Financial system remains stable and sound

Financial system remains stable and sound

Africa-Press - Namibia. The Macroprudential Oversight Committee of the Bank of Namibia (BoN) met last week for its second review of the year to...
New housing project rolled out for Aussenkehr farmworkers

New housing project rolled out for Aussenkehr farmworkers

Africa-Press - Namibia. The Namibia Grape Company (NGC) has announced plans to expand its operations as it launched its new housing project during President...
Youth fund grows to 108 projects

Youth fund grows to 108 projects

Africa-Press - Namibia. The government has approved the second phase of youth-led projects under the National Youth Development Fund (NYDF), allocating N$37.7 million to...
Digital skills key to closing the divide, says Theofelus

Digital skills key to closing the divide, says Theofelus

Africa-Press - Namibia. Empowering citizens with skills to participate in the digital economy is central to the government’s plan to close the digital divide,...
Lutombi hails roads as key for economy

Lutombi hails roads as key for economy

Africa-Press - Namibia. Outgoing chief executive officer of the Roads Authority, Conrade Lutombi, says road transport remains the most important means of travel in...
Dangote Investment Deal to Enhance Regional Energy Infrastructure

Dangote Investment Deal to Enhance Regional Energy Infrastructure

Africa-Press - Namibia. NAMIBIA will play a central role in a major regional investment initiative following a historic partnership between Zimbabwe and the Dangote...
N$6.04 Million Allocated to Boost Local Dairy Production

N$6.04 Million Allocated to Boost Local Dairy Production

Africa-Press - Namibia. The Ministry of Agriculture, Fisheries, Water and Land Reform has allocated N$6.04 million to subsidise farmers that produce milk and dairy...