BoN declares dividend of over half a billion dollars

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The Bank of Namibia (BoN) has declared a dividend of more than half a billion dollars.

This underscores a major improvement in the central bank's performance for the past financial year compared to that of the previous financial year, representing an increase of almost N$100 million.

Miracle baby defies odds

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Healthworkers at the maternity wing at Rundu's Intermediary Hospital have shown off a premature-born baby who defied all odds and is now 1 and a half years old.

Baby Peligrine Triumph Ndara weighed 800 grammes, hardly the size of the hand of an adult person, when she was born on August 2, 2022.

Rehoboth Town Council owns Reho Spa facility

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The Rehoboth Town Council now owns the Reho Spa facility in the town.

Mayor Amanda Groenewaldt announced this at the council's first meeting for the year with residents of Rehoboth yesterday.

Impalila Island's low-volume seal road infrastructure to be inaugurated 

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The completed low-volume seal road infrastructure at Impalila Island, Zambezi Region, is likely to be inaugurated in April. 

The construction of the N$60 million, 25-kilometre project as well as the upgrading of a loading port, which started in 2022, will be completed by the end of March. 

Walvis Bay 30 years re-intergrated

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Namibia celebrated 30 years since the full and formal re-integration of Walvis Bay and its 12 offshore islands.

Namibia faces biggest debt payment yet

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A significant portion of government debt is due for repayment over the medium term.

The N$14.3 billion Eurobond, due on October 29, 2025, is the largest single-day debt maturity in the history of Namibia.

Significant government debt due for repayment over MTEF

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A significant portion of government debt is due for repayment over the medium term.

The N$14.3 billion Eurobond, due on October 29, 2025, is the largest single-day debt maturity in the history of Namibia.