BoN declares divident of N$ 720 Million

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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. 

Government plans Eurobond repayment , shifts focus to domestic financing

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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 presents a National Budget of n$106.3 billion

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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.

Financial constraints limit people with visual impairment to own white canes

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Financial constraints are the leading cause of people with visual impairments not being able to own white canes.

To address this situation, the Eastern Association for the Visually Impaired in the Zambezi Region is appealing to the business community and other stakeholders to help those in need.