Airport, dry port among developments planned for Rundu

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An international airport and a dry port are just some of the developmental plans envisioned for the town of Rundu.

This was revealed at the Mayoral Business Forum, a platform that allowed the local business community to explore opportunities for growth and partnership.

KAITE Expo raises over N$300,000 at Fundraising Gala

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The Keetmanshoop Agricultural Industrial and Tourism Expo (KAITE) held a fundraising gala dinner where it raised more than N$300,000 for this year's event, scheduled to take place at the end of next month.

MAFWLR Minister questions fishing industry’s N$300 million contribution

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The Minister of Agriculture, Water, Fisheries and Land Reform questioned the industry's N$300 million contribution to government coffers, while the sector's revenue in 2024 was N$14 billion.

This week, Minister Inge Zaamwani is consulting various sub-sectors of the fishing industry at Walvis Bay.

Namibia ranks 2nd globally in Greenfield FDI Performance

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Namibia has been ranked first in Africa and second in the world in the 2025 Greenfield Foreign Direct Investment (FDI) Performance Index. According to the FDI report, the country climbed 10 places from last year, attracting nearly eight times more FDI projects than expected for its economic size.

Government plans Eurobond repayment , shifts focus to domestic financing

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Finance Minister Ericah Shafudah has said the 2025-26 financial year is anticipated to be an eventful year from a financing perspective.

Shafudah pointed out that the government is faced with the redemption of a US$750 million Eurobond on 29 October this year.

Finance Minister presents a National Budget of n$106.3 billion

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Finance Minister Ericah Shafudah has tabled a budget of N$106.3 billion for the 2025-2026 financial year, the maiden budget of the new administration of President Netumbo Nandi-Ndaitwah. 

The budget, themed "Beyond 35, for a Prosperous Future", marks an increase of 22.6% from the previous year.

Cruise tourism boosts Namibia’s economy

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The tourism officer for the Erongo and Kunene regions, Suama Nambala, has highlighted the immense contribution cruise lines make to Namibia's growing tourism sector, emphasising their vital role in providing a much-needed economic boost to the country.