An economist and director general of the Emergence Consulting Group of Senegal has called on the Namibian government to invest in innovation, which he said plays a crucial role in the economic growth and development of countries, particularly emerging economies like Namibia.
The Bank of Namibia announced a record dividend of N$ 720 million dollars for last year, exceeding the 511 million dollars paid to the government in 2023.
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.
The need for practical steps to address economic challenges faced by Namibians topped the discussions at the budget dialogue facilitated by the Economic Association of Namibia.
Panellists expressed a shared urgency for immediate action.
The Andimba Toivo ya Toivo Secondary School scooped the Oshana Regional Library Annual Debate Championship award this weekend.
In second place and third, respectively, were the Reverend Juuso Shikongo Secondary School and Dr. Abraham Iiyambo SS, while Nehale Secondary School was placed fourth.
President Netumbo Nandi-Ndaitwah discussed the significance of having a female President, emphasising societal impact and the need for men and women to work together to develop the country.
The Minister of Mines and Energy, Tom Alweendo, has emphasised the need for policies that maximise economic benefits from the energy sector while ensuring Namibia remains competitive in the global market, particularly following noted oil discoveries.
Namport's CEO, Andrew Kanime, says Founding President Sam Nujoma had a keen interest in the company's operations and had consistently made time to assess the progress of the ports.
The Aroab Village Council in the ||Kharas Region has made significant strides in economic growth with a focus on socio-economic development, housing, and infrastructure improvement.
Its Chief Executive Officer, Simasiku Maketo, said this in an interview with nbc News.
Erongo Governor Neville Andre commended the Bank of Namibia for leading the Namibian Financial Sector Transformation Strategy (NFSTS), recognising the financial sector’s vital role in national development.
