Vice President Lucia Witbooi emphasised the importance of Africa moving beyond the export of raw materials, urging the continent to process resources in its own factories to grow its wealth.
The Minister of Agriculture, Water, Fisheries and Land Reform questioned the industry's N$300 million contribution to government coffers, while the sector's revenue in 2024 was N$14 billion.
This week, Minister Inge Zaamwani is consulting various sub-sectors of the fishing industry at Walvis Bay.
Namibia has been ranked first in Africa and second in the world in the 2025 Greenfield Foreign Direct Investment (FDI) Performance Index. According to the FDI report, the country climbed 10 places from last year, attracting nearly eight times more FDI projects than expected for its economic size.
President Hakainde Hichilema says Zambia and Namibia have signed progressive agreements that will change the lives of people in the entire region.
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 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 tourism officer for the Erongo and Kunene regions, Suama Nambala, has highlighted the immense contribution cruise lines make to Namibia's growing tourism sector, emphasising their vital role in providing a much-needed economic boost to the country.
Business leaders paid tribute to Namibia's late leader for his major role in helping to bring Namibia's economy to growth.
The Oshana Regional Council on Friday rolled-out a programme to support goat farmers.
The Director of Planning in the Oshana Regional Council Teopolina Mbangula says the initiative is aimed at empowering local farmers and enhancing food security, while growing the local economy.
The gross domestic product for the first quarter of 2024 indicates exceptional growth in most economic sectors.
This was highlighted in the capital by the Namibia Statistics Agency at the release of GDP for the first quarter of 2024.
