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Namibia’s marginalised communities are in need of N$157 million to alleviate hunger and malnutrition in the coming few months, a senior government official has said.

Finance and Public Enterprises Minister Iipumbu Shiimi says the government is working to pass a new law to regulate the Welwitschia Sovereign Wealth Fund  in the next two years.

Prime Minister Saara Kuugongelwa-Amadhila says the country should ramp up production of diamonds and local processing of the gems to maximise profits.

Namibia is working on curtailing illicit financial outflows through various mechanisms that are also aimed at enhancing tax collection. 

The  High Court has ordered Mines Minister Tom Alweendo to review his refusal to renew the copper project licence of Haib Minerals on EPL 3140 in Namibia.

Namibia experienced a record-breaking surge in passenger vehicle sales during February 2023, according to the latest data.

The Namibia Students Financial Assistance Fund (NSFAF) is planning to garnish bank accounts of 88,640 debtors who owe the fund N$4,215 billion.

The Federal Republic of Germany has reaffirmed its commitment to supporting Namibia's development and economic reforms, saying it will continue to provide more, despite having pumped N$29 billion  (1.5 billion Euros) into Namibia since her independence.  

Walvis Bay Corridor Group says the Democratic Republic of Congo (DRC) and Zambia should fully utilise their dry ports in Namibia.

Namibia has continued to record a spike in food prices, a development that is eroding the disposable incomes of many.

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