Namibia produces only about 40 percent of its own electricity, while the remaining percentage is being imported.
This was announced by the Minister of Industries, Mines and Energy, Modestus Amutse, at the official launch of the Namibia Impact Mission 300.
The annual inflation rate in September increased by zero- comma one percent compared to three-comma-four percent rcorded at the same time last year.
The Namibia Financial Instituations Supervisory Authority indicated the inflation now stands at three-comma-five percent.
A vehicle caught fire just a few meters from the Otjiwarongo roadblock earlier today.
According to information gathered by the NBC crew en route to a sports assignment, the vehicle burst into flames while in motion. The driver managed to escape the rapidly spreading fire and was not injured.
President Netumbo Nandi-Ndaitwah has appointed Ebson Uanguta as the new Governor of the Bank of Namibia, effective 1 January 2026, for a five-year term.
Uanguta has served as Deputy Governor since 2012, where he contributed to the bank’s policy formulation, governance and oversight functions.
Allegations of unfair labour practices have been raised in the fishing sector. Former temporary employees of Hangana Seafood accuse the company of unfair labour practices, including failing to remit deducted tax contributions to the Namibia Revenue Agency (NamRA).
