Residents of Oshakati and Ondangwa lost electricity for nearly 12 hours on Saturday after electrical poles caught fire in the Omatando area, also disrupting water supply to the towns.
4 hours ago · The Namibian →
Namibia's annual inflation rate reached 5% in August, the highest since February 2024, driven largely by transport costs including a 17.1% rise in vehicle operating costs and 25.1% higher fuel prices. A Financial Inclusion Survey revealed that 546,000 working Namibians have no disposable income and rely on debt for basic needs, with 51.3% borrowing for food.
5 hours ago · The Namibian →
The state-owned Roads Contractor Company paid N$30 million to suppliers for fuel, of which N$17 million's worth was never delivered. The deal is linked to fugitive businessman Victor Malima and involves transactions personally approved by RCC interim chief executive Dasius Nelumbu between September 2023 and July 2025.
5 hours ago · The Namibian →
Namibia's CPI basket, which measures inflation based on household spending patterns, is overdue for an update to reflect current consumption habits. The update could separate financial services and insurance from miscellaneous services, and Namibians spend nearly three times more on alcohol and tobacco than South Africans, suggesting differences in weighting between the two countries.
5 hours ago · The Namibian →