Economy (712)

The government says Namibia's rural areas are at the centre of a transformative push aimed at diversifying economic activities and reinforcing the country's food systems.

Nine beneficiaries of the Development Bank of Namibia’s (DBN) National Mentoring and Coaching Program (NMCP) will showcase their businesses at the Windhoek Industrial Show.

Namibia could hold the largest-ever deep-offshore discovery for TotalEnergies, a global research firm has said.

The impact of violence on women is catastrophic and has devastating long-lasting effects on their physical and mental health.

The U.S. President's Emergency Plan for AIDS Relief (PEPFAR) has provided business start-up kits to 55 out-of-school adolescent girls and young women (AGYW) in Oshakati.

The Electricity Control Board (ECB) has issued export licenses totalling 1.2 gigawatts (GW) of electricity to Independent Power Producers (IPPs) using the Modified Single Buyer (MSB) market model for export to the Southern African Power Pool (SAPP).

The Electricity Control Board (ECB) says it will, at the end of this month, adjust the tariffs of 11 distribution licensees after the majority failed to apply for adjustments.

Namibia’s economy grew by N$7.3 billion to N$58.6 billion in the second quarter of 2023, latest data from the Namibia Statistics Agency shows. 

President Hage Geingob says Namibia aims to mobilise N$22.7 billion this year through public-private collaboration and targeted economic diplomacy, to address sustainable development goals and climate change.


 President Hage Geingob said the US is missing out on a chance to invest in green hydrogen projects and mineral resources in the southern African nation, while the European Union is showing great interest.

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