Namibia's oil and gas sector could boost the economy, but some residents in the Kavango West Region think the 10% benefit share is too small to grow the economy. 

The Head of the Upstream Petroleum Unit, Kornelia Shilunga, said that the Namibian government will enforce a strict upstream petroleum local content policy to ensure the country's discovered oil translates into real benefits to all Namibians.

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.

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.

Vice President Lucia Witbooi emphasised the importance of Africa moving beyond the export of raw materials, urging the continent to process resources in its own factories to grow its wealth. 

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 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.

President Hakainde Hichilema says Zambia and Namibia have signed progressive agreements that will change the lives of people in the entire region.

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 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.