Namibia

The Bank of Namibia (BoN) has predicted that the local economy would grow by some N$13,5 billion at current prices this year - the bulk of which is expected to come from the tertiary sector. This is contained in the bank's February 2022 economic outlook, released yesterday. According to this…

THE education ministry is facing a shortage of 4 479 classrooms for both secondary and primary schools. The ministry's deputy executive director, Edda Bohn, told The Namibian on Friday that the current budget allocation may not be enough to solve the shortfall. "Yes, we do have the development budget to…

THE Hospitality Association of Namibia (HAN) says the sector continues to struggle although there are signs of recovery. The association cited an article in the Business Insider Africa, crowning Windhoek the healthiest city in Africa to visit in 2022 and that no country in the world had put travel bans…

Maihapa Ndjavera Namibia's construction sector is projected to remain in contraction during 2022 before recovering to growth in 2023. The sector is expected to contract by 2% in 2022 before expanding by 2.5% in 2023. This is according to the Bank of Namibia's February economic outlook, which stated the projected…

Osino Resources Corp. provided an update of drill assay results for the resource definition drilling recently completed at Twin Hills West (THW) project, Namibia. The latest assay results at Twin Hills West satellite discovery at Twin Hills Gold Project, include hole OKR461 that returned 7 metres of 7.94 g/t gold…

NAMBIA has recorded three new cases of typhoid fever. This was announced by health minister Kalumbi Shangula on Wednesday morning during a press conference in Windhoek. Typhoid fever is a potentially fatal bacterial infection that can lead to a high fever, diarrhoea and vomiting. Shangula said the first case was…

SEVERAL local and foreign pension funds, and investment institutions will meet at Swakopmund on 10 and 11 March to discuss Namibia's economic growth through alternative investments. This was said in a statement issued last week by Poiyah Media on behalf of the organiser, MN Capital Group. MN Capital is an…

Rundu — The Kapinga Kamwalye Conservancy in the Mashare constituency of Kavango East is facing a crisis of illegal tree harvesting. At one crime scene, about 86 logs of illegally harvested Kiaat timber, scientifically known as Pterocarpus Angolensis, were found and 10 at another by conservancy members who were patrolling…

The 2021 Population and Housing Census (PHC) will not take place in August this year as earlier communicated, the Namibia Statistics Agency (NSA) announced Tuesday. The agency for the first time was supposed to conduct a spatially-enabled and digital census enumeration, in August this year after the 2021 census had…

Residents in the north of Namibia will have limited water supply for the next two weeks, and have been urged to use water sparingly. NamWater said in a statement that water supply will be interrupted daily for the next two weeks from 22h00 to 05h00, and from 11h00 to 15h00.…