The Electricity Control Board (ECB) has approved a 3.8% increase in NamPower’s average bulk tariff, effective from July 1, 2025 to June 30, 2026.
ECB CEO Robert Kahimise said to cushion the impact on consumers, the government has allocated a subsidy of N$283 million for the financial year.
The adjustment raises the average tariff from the current approved rate of 1.99 cents per kilowatt-hour (kWh) to 2.06 cents per kWh.
This follows NamPower’s application for a 17.44% tariff increase.
The Namibian government has introduced a new Internal Audit Manual aimed at improving financial oversight and ensuring consistent internal audit practices across all public institutions. The manual, which...
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Makalani Fund Managers is aiming to raise N$1 billion for its first regional Impact Fund, targeting institutional investors in Namibia and South Africa to finance infrastructure, renewable energy,...
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The Anti-Corruption Commission (ACC) is stepping up its digital security capacity and staff development to better manage cyber-related corruption cases. Director-General Paulus Noa said the institution is actively...
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Namibia has been removed from the global hunger hotspot list, according to the latest Hunger Hotspots report issued by the Food and Agriculture Organization (FAO) and the World...
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Namibia has been reclassified from an upper-middle income to a lower-middle income country, according to the latest World Bank’s FY26 income classification update. Namibia is the only country...
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