Prime Minister Tjitunga Elijah Ngurare has called for improved rural access roads, while the Ministry of Works and Transport reports completed road projects valued at nearly N$2 billion.
7 hours ago · Namibian Sun →
Prime Minister Tjitunga Elijah Ngurare has called for improved rural access roads, while the Ministry of Works and Transport reports completed road projects valued at nearly N$2 billion.
7 hours ago · Namibian Sun →
Building plan approvals in Windhoek and Swakopmund rose 57.5% in value in September, but excluding one N$200 million commercial project, Windhoek's approvals fell 13.2% year-on-year, indicating the increase was driven by larger projects rather than broader growth. The report notes construction activity is constrained by approval delays, with a median time of 63 days, and completions in Windhoek have declined 41% year-to-date.
1 hour ago · Windhoek Observer →
Namibia's non-banking financial sector assets increased by 16.6% to N$552.8 billion in the 2025/26 financial year, though NAMFISA recorded a N$31.3 million deficit partly due to a one-off legal charge of N$83.6 million from a Supreme Court judgment.
1 hour ago · Windhoek Observer →
TransNamib's N$2.6 billion plan to acquire 15 new locomotives and remanufacture 17 existing units depends on approval from its lenders, the Development Bank of Southern Africa and the Development Bank of Namibia. The procurement will be handled by the Central Procurement Board once lender approvals are secured, after a previous procurement process was cancelled by the Minister of Works and Transport in April 2025.
1 hour ago · Windhoek Observer →
Namibia recorded a N$1.2 billion trade deficit with the rest of Africa in August 2026, with exports of N$6 billion and imports of N$7.2 billion. Southern African countries accounted for 96.9% of Namibian exports to Africa and 97.5% of imports from the continent.
1 hour ago · Windhoek Observer →
Namibia's financial regulator NAMFISA recorded a comprehensive deficit of N$31.3 million for the year ended 31 March 2026, reversing a prior surplus of N$46.5 million, primarily due to an N$83.6 million legal charge arising from the Van Straten Supreme Court judgment. The authority recorded total income of N$343.1 million against expenditure of N$371.5 million during the year.
1 hour ago · Windhoek Observer →
Capricorn Group has appointed Tsaone Raboloko as managing director of Bank Gaborone, its Botswana banking subsidiary, effective 9 October 2026. The appointment follows regulatory approval and comes as Bank Gaborone undergoes restructuring after recording an N$113 million loss in the year ended 30 June.
2 hours ago · Windhoek Observer →
Companies like Sonata Bank now use AI tools such as Microsoft Copilot to transcribe meetings and prepare board materials, while governance software companies have launched digital board members to stress-test strategies and flag risks, prompting debate over the legality and ethical standards of AI in board governance.
2 hours ago · Windhoek Observer →
Bannerman Energy has spent more than N$428.2 million on local procurement, construction contracts and service providers as its Etango uranium project in the Erongo region advances, with bulk earthworks approximately 99% complete and concrete construction packages about 86% complete.
1 hour ago · Windhoek Observer →
The defence ministry's military hospital underspent its budget by N$4.5 million, partly due to difficulties recruiting medical professionals to replace retired and resigned staff.
6 hours ago · Namibian Sun →
A state-of-the-art N$80 million diagnostic centre has opened in Ongwediva, allowing northern Namibia residents to access specialised diagnostic services without travelling to central Namibia.
7 hours ago · Namibian Sun →
Only 47% of vocational education and training graduates found employment in industry in 2024, with the education minister acknowledging challenges in the job market for qualified graduates.
7 hours ago · Namibian Sun →
The education ministry has 148 permanent classrooms and 66 pre-primary classrooms under construction, with completion targeted before the 2027 academic year.
7 hours ago · Namibian Sun →
Contractors in Otjiwarongo are refusing to build houses under the government's Build Together Programme because beneficiary loans of N$45,000 are insufficient.
7 hours ago · Namibian Sun →
Five non-executive directors of the Namibia Students Financial Assistance Fund received combined retainers and sitting fees of N$757,621 in the 2024/25 financial year, while the Auditor-General raised concerns about the fund's loan accounting, measurement of its N$11.70 billion student loan book, and delays in allocating repayments to individual accounts.
1 hour ago · Windhoek Observer →
Atletico Madrid defeated Manchester United 2-0 in the UEFA Champions League on Tuesday, with Ademola Lookman scoring the second goal after United defender Leny Yoro's red card. Bayern Munich were held to a 3-3 draw at home by Norwegian underdogs Viking Stavanger, who led 2-0 at half-time.
6 hours ago · The Namibian →
The Southern African Development Community and the African Development Bank have strengthened their strategic partnership to advance regional integration, industrialisation, infrastructure development and sustainable financing, following a Strategic Engagement Mission in Gaborone. SADC's executive secretary emphasised the importance of transforming natural resources into inclusive economic growth through industrialisation and value addition.
2 hours ago · Windhoek Observer →