Namibia’s public debt projected to surpass N$168 Billion
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Namibia is facing a growing public debt with levels projected to exceed N$168 billion, surpassing 70% of its Gross Domestic Product.
Namibia is facing a growing public debt with levels projected to exceed N$168 billion, surpassing 70% of its Gross Domestic Product.
President Netumbo Nandi-Ndaitwah will be launching the 6th National Development Plan (NDP6) on Monday.
The state has outlined the money trail of N$9 million allegedly distributed among several individuals following a $53 million payment by NAMCOR to Enercon for the purchase of nine fuel stations.
The African Peer Review Mechanism (APRM) National Structure has completed a report review on unemployment in the country.
President Netumbo Nandi-Ndaitwah is expected to present the report at the sidelines of the African Union Heads of State Summit next year.
Unemployment in the |Khomas Region currently stands at 44%, and this has resulted in the regional council intensifying efforts to create jobs and improve livelihoods through targeted investments in entrepreneurship, rural development, and housing initiatives.
NAMDIA has confirmed that packages of diamonds recovered by police earlier this year were officially declared, following public calls for clarity by Associate Professor Job Amupanda.
The Governor of the Bank of Namibia, Johannes !Gawaxab, says inflation in the country is under control.
He told Members of Parliament that headline inflation went down in the first five months of 2025, attributed to lower costs in transport and housing.
The Business and Intellectual Property Authority (BIPA) of Namibia has officially begun the deregistration of non-compliant business entities, effective immediately and continuing until further notice.
Namibian consumers will brace themselves for higher electricity bills after the Electricity Control Board approved a 3.8% tariff increase for NamPower, effective 1 July 2025.
Leader of the Popular Democratic Movement, McHenry Venaani, posed genocide-related questions to President Netumbo Nandi-Ndaitwah during her State of the Nation Address.