Thursday, 22 October 2026

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Thursday, 22 October 2026

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Namibian press · Organization

Namibia Industrial Development Agency

Namibia Industrial Development Agency (NIDA) — state-owned enterprise managing industrial parks and properties nationally, facing financial and operational challenges including utility arrears and asset transfers.

2026-02-052026-10-22

News reports

Order a long-term news report on Namibia Industrial Development Agency

Every mention in the Namibian press over the period you choose, compiled as a PDF or Word document.

What’s been said

Key points drawn from coverage. Tap a point to see the original sentence.

October 2026
2 OctThe Namibian
Namibia Industrial Development Agency (Nida) owes N$300,000 electricity bill to Gibeon Village Council
Source
“Prime minister Elijah Ngurare has ordered the Namibia Industrial Development Agency (Nida) to settle its outstanding N$300 000 electricity bill owed to the Gibeon Village Council to ensure power is restored at the Nida Industrial Park.”
Ngurare orders Nida to settle N$300 000 Gibeon debt
September 2026
21 SeptThe Namibian
Namibia Industrial Development Agency owed Keetmanshoop municipality N$4.1 million for water, utilities, rates, taxes and electricity
Source
“The report states that the Namibia Industrial Development Agency owed the Keetmanshoop municipality N$4.1 million for water, utilities, rates, taxes and electricity by March.”
Traders forced to pay or use bushes
2 SeptInformanté
NIDA has acquired 40% equity stake in AAC
Source
“NIDA has acquired a 40% equity stake in AAC, signalling Government's commitment to developing Namibia's aquaculture and broader blue-economy sectors.”
N$4 billion salmon project expected to transform Lüderitz economy
August 2026
17 AugNamibian Sun
Namibia Industrial Development Agency (Nida) has earmarked 56 properties valued at more than N$277 million for transfer to Public Assets Management Agency
Source
“The Namibia Industrial Development Agency (Nida) has earmarked 56 properties valued at more than N$277 million for transfer to the newly established Public Assets Management Agency...”
NIDA to surrender 56 properties to PAMA
July 2026
22 JulInformanté
NIDA is suffering from same challenges as many other state-owned enterprises
Source
“However, NIDA, as the institution under which it falls, is suffering from the same challenges as many other state-owned enterprises.”
NIDA’s financial and operational struggles threaten Naute Farm’s potential
17 JulWindhoek Observer
NIDA is awaiting High Court judgment in a dispute with Phat Pharm Construction over alleged failed go-karting agreement
Source
“The Namibia Industrial Development Agency (NIDA) is awaiting a High Court judgment in a dispute with Phat Pharm Construction (Pty) Ltd, which is demanding more than N$3.1 million in damages after an alleged failed agreement to establish a go-karting business at the Rundu Convention Centre.”
NIDA faces N$3.1m lawsuit over failed go-karting project
April 2026
27 AprThe Namibian
Namibia Industrial Development Agency (Nida) is fighting to retain control of its billion-dollar property portfolio after government instructed transfer
Source
“The Namibia Industrial Development Agency (Nida) is fighting to retain control of its billion-dollar property portfolio after the government instructed the parastatal to transfer 154 of its assets, including farms and complexes worth about N$3 billion.”
Nida fears collapse over N$3-billion asset transfer order
23 AprNew Era
Namibia Industrial Development Agency is structuring the investment to maximise local ownership
Source
“The meeting also highlighted the central role of the Namibia Industrial Development Agency in ensuring Namibian participation in the project.”
Govt weighs multi-billion salmon industry …as Nandi-Ndaitwah pushes jobs, local ownership
March 2026
5 MarNew Era
Namibia Industrial Development Agency says significant progress has been made in reviving the Manyeha Crocodile Farm in Kongola
Source
“The Namibia Industrial Development Agency (NIDA) says significant progress has been made in reviving the Manyeha Crocodile Farm in Kongola, with renovation works well underway and a phased operational relaunch planned.”
Kongola crocodile farm revival on track
February 2026
26 FebNew Era
Namibia Industrial Development Agency (NIDA) hosted investment conference in Windhoek
Source
“Speaking at the Namibia Industrial Development Agency (NIDA) investment conference in Windhoek on Tuesday, Deputy Minister of Agriculture, Fisheries, Water and Land Reform Ruth Masake stated that industrialisation must be accompanied by sustainability to ensure the project's success.”
Namibia pioneers African salmon farming industry …N$41m aquaculture farm on the cards

Business

PM orders Nida to settle N$300,000 Gibeon power debt

The News

Prime Minister Elijah Ngurare has ordered the Namibia Industrial Development Agency to settle an outstanding N$300,000 electricity bill owed to Gibeon Village Council to restore power at the industrial park, which has been disconnected for about three weeks. Ngurare also directed that the park be transferred to the Village Council to improve utilization through affordable rentals for local entrepreneurs.

2 October 2026 · The Namibian →

Friday 2 October

PM orders Nida to settle N$300,000 Gibeon power debt
Prime Minister Elijah Ngurare has ordered the Namibia Industrial Development Agency to settle an outstanding N$300,000 electricity bill owed to Gibeon Village Council to restore power at the industrial park, which has been disconnected for about three weeks. Ngurare also directed that the park be transferred to the Village Council to improve utilization through affordable rentals for local entrepreneurs.
2 October 2026 · The Namibian →

Monday 21 September

Parliamentary committee finds informal traders lacking sanitation infrastructure
A parliamentary standing committee report finds that informal traders in Okahandja, Windhoek, Swakopmund and Keetmanshoop lack basic sanitation, secure storage and adequate trading space, with some forced to pay for toilet access or resort to using bushes. The committee conducted visits between October 2025 and January 2026 and documented significant water, sanitation and ablution challenges across all four towns.
21 September 2026 · The Namibian →

Wednesday 2 September

N$4 billion salmon project expected to create 5,000 jobs
The Africa Aquaculture Company plans a N$4 billion Atlantic salmon production operation in Lüderitz targeting 51,000 tonnes annually and expecting to generate around 5,000 employment opportunities. The Namibia Industrial Development Agency has acquired a 40% equity stake, and the company aims to begin operations within 60 to 90 days pending completion of administrative requirements.
2 September 2026 · Informanté →

Thursday 20 August

Parliamentarian urges cost-benefit analysis of new asset agency
A Landless People's Movement parliamentarian has called for the government to conduct a thorough cost-benefit and mandate analysis of the proposed Public Asset Management Agency before implementation, arguing that existing institutions could perform the proposed functions instead and that billions of dollars' worth of redundant public assets could be sold to fund the treasury.
20 August 2026 · The Namibian →

Monday 17 August

NIDA to transfer 56 properties to newly established PAMA
The Namibia Industrial Development Agency has earmarked 56 properties valued at more than N$277 million for transfer to the newly established Public Assets Management Agency.
17 August 2026 · Namibian Sun →

Sunday 26 July

Namport rejects Ghanaian businessman's N$4bn port proposal
The Namibian Ports Authority has rejected a proposal by a Ghanaian businessman and his Namibian partners to develop a N$4-billion oil and gas supply base at the Port of Lüderitz, finding that the company did not meet requirements for a 25-year development concession.
26 July 2026 · The Namibian →

Wednesday 22 July

NIDA's struggles limit Naute Farm's contribution to development
NIDA oversees grape and date farming operations at Naute Farm in //Kharas Region that produce world-class products with significant potential, but the agency's financial and operational challenges constrain the farm from realising its full potential for socio-economic development and job creation.
22 July 2026 · Informanté →

Friday 17 July

NIDA faces N$3.1m damages claim over Rundu go-karting lease
Phat Pharm Construction is suing NIDA for more than N$3.1 million over an alleged breach of a lease agreement for a go-karting facility at the Rundu Convention Centre. Justice Gladice Pickering is scheduled to deliver judgment on 17 July 2026.
17 July 2026 · Windhoek Observer →
NIDA faces N$3.1m lawsuit over go-karting facility dispute
The Namibia Industrial Development Agency is being sued by Phat Pharm Construction for more than N$3.1 million in damages over an alleged breach of a lease agreement to develop a go-karting facility at the Rundu Convention Centre. The High Court is set to deliver judgment on the dispute on 17 July 2026.
17 July 2026 · Windhoek Observer →

Monday 4 May

GIPF board members earned N$666,000 in two months in sitting fees
The Government Institutions Pension Fund paid its board of trustees chairperson Penda Ithindi N$114,000 for attending three meetings in two months, and Napwu general secretary Petrus Nevonga N$92,163 during the same period, according to payroll records reviewed by The Namibian. The payments have revived concerns that clustered board and sub-committee meetings have become a parallel income stream for trustees already drawing civil service or union salaries.
4 May 2026 · The Namibian →

Monday 27 April

Government orders Nida to transfer 154 assets worth N$3 billion
The Namibia Industrial Development Agency is fighting a government directive to transfer 154 properties worth about N$3 billion to a new Public Asset Management Agency, warning that the assets are central to its funding and operations. The transfer, allegedly mandated by Cabinet as part of state asset restructuring, has raised fears about job losses and the agency's existence.
27 April 2026 · The Namibian →

Thursday 23 April

Government considers large-scale salmon farming for Namibia
President Nandi-Ndaitwah met with Namibia Atlantic Salmon Holdings to review plans for Africa's first large-scale salmon farming industry along Namibia's coast, emphasising the need for job creation, local ownership, and sustainable practices. The project would produce up to 51,000 tonnes of salmon under its initial licence, with the Namibia Industrial Development Agency aiming to structure local ownership at 60%.
23 April 2026 · New Era →

Sunday 8 March

Editorial: Government tender exemptions sideline small businesses
The Construction Industries Federation warns that direct appointment of state-owned enterprises for public contracts—such as the N$140 million sports facilities project awarded to the Roads Construction Company—systematically excludes small and medium enterprises and emerging contractors from public work. The editorial argues that tender exemptions create pathways for corruption and cronyism, citing examples including the cancelled Lüderitz Bay port tender, and contends that this pattern of bypassing competitive processes suffocates legitimate private sector participation.
8 March 2026 · The Namibian →

Thursday 5 March

Namibia progresses Kongola crocodile farm revival project
The Namibia Industrial Development Agency says significant progress has been made reviving the Manyeha Crocodile Farm in Kongola, with land clearing and roofing completed and renovations underway. The farm is expected to relaunch as a lodge by end of 2026, followed by agricultural crocodile breeding operations in 2027, though traditional governance complexities have created some coordination challenges.
5 March 2026 · New Era →

Monday 2 March

Opposition leader alleges presidential family controls petroleum value chain
Panduleni Itula, leader of the Independent Patriots for Change, presented evidence he says shows the president's family members hold interests across the oil and gas sector—including the president's son operating a diesel distribution business at Lüderitz port and the first gentleman serving as patron of a petroleum industry forum—and called on Parliament to reject a petroleum amendment bill that would transfer licensing authority to the Presidency.
2 March 2026 · The Namibian →

Thursday 26 February

Namibia launches Africa's first salmon farming industry
Namibia is set to pioneer Africa's first salmon farming industry with a N$41 million aquaculture farm at Lüderitz, backed by Norwegian company African Aquaculture Company. The project aims to produce 1,000 tonnes of Atlantic salmon annually in its first phase, scaling to 51,000 tonnes, while creating over 5,000 jobs and positioning Namibia as a leader in sustainable blue economy development.
26 February 2026 · New Era →

Thursday 19 February

Nida owes Keetmanshoop N$3.9m for water and electricity
The Namibia Industrial Development Agency says it cannot pay its N$3.9 million water and electricity debt to Keetmanshoop municipality because tenants have failed to pay rent, creating cash flow problems. The municipality offered Nida a 100% interest waiver if it settled N$3.1 million in capital debt over three months, but Nida declined, citing inability to pay N$1 million monthly and is now requesting treasury assistance through its line ministry.
19 February 2026 · The Namibian →

Sunday 15 February

Nida partners with Ghanaian firm for N$4-billion Lüderitz oil port
The Namibia Industrial Development Agency is partnering with Ghanaian businessman Jory Adu-Boahene to develop a N$4-billion oil and gas supply base in Lüderitz Bay, with Nida claiming a 51% stake. The project, which involves Swapo-linked businessman Josef Andreas, has resurfaced after a previous tender process was cancelled amid disagreements over governance and structure.
15 February 2026 · The Namibian →

Tuesday 10 February

Parliamentary committee warns NIDA needs N$500 million funding
Parliament's Standing Committee on Natural Resources has flagged that the Namibia Industrial Development Agency requires over N$500 million in funding to sustain its 148 nationwide properties, with an additional N$550 million capital injection needed for its strategic business plan and N$29.7 million to clear utility arrears. The agency faces operational challenges including electricity and water disconnections across 69 and 89 parks respectively, delayed policy implementation on diamonds and special economic zones, and mounting utility costs.
10 February 2026 · Informanté →

Friday 6 February

Parliament calls for stronger natural resources policies and funding
Namibia's Parliamentary Standing Committee on Natural Resources has recommended stronger policies, funding, and inter-ministerial collaboration to unlock the country's resource potential and align sector strategies with national development priorities including Vision 2030. The mining sector contributed 13.3% to GDP in 2024, while the government received N$7.32 billion in mining revenue, but challenges persist in land reform, energy, and conservation funding.
6 February 2026 · New Era →

Thursday 5 February

Nida requires N$550m for strategic plan and utility arrears
The Namibia Industrial Development Agency needs at least N$550 million to implement its integrated strategic business plan and N$29.7 million to clear outstanding utility arrears, according to a Parliamentary Standing Committee on Natural Resources report. Nida faces operational challenges including an N$102 million operating loss in 2024, electricity disconnection at 69 industrial parks, and water debt at 89 properties.
5 February 2026 · New Era →