Economy (501)

The government has called for economic re-engineering so that policies, reforms, and funding cater to grassroots levels.

The Namibia Statistics Agency (NSA) has announced that it has started the mass recruitment of over 13,000 Census field staff, including Enumerators, Enumeration Supervisors, Data Clerks, and IT Field Technicians, to conduct the 2023 Population and Housing Census.

Authorities must expedite efforts to improve the investment climate in the country and ensure policy certainty to attract meaningful foreign direct investment (FDI) inflows, an official has said.

Diamonds and fish contributed 21.7% and 16.9% respectively to the country's exports during the month of April 2023, contributing to the improvement in Namibia's trade balance compared to the previous month.

As the shift towards a green hydrogen economy makes headlines around the world, Africa is fast entrenching its place as a significant supplier of the new energy resource.

India says it is keen on exploring investment opportunities in Namibia’s oil and gas sector as the two countries deepen bilateral relations.

The high cost of recycling in Namibia has emerged as a major obstacle to the country's efforts to promote a circular economy and reduce waste, experts have said. 

The National Petroleum Corporation of Namibia (NAMCOR) says it anticipates the country to commence oil production by 2029.

India’s Minister of External Affairs, Subrahmanyam Jaishankar, is expected to visit Namibia from the 4th to the 6th of June, 2023.

The first Atlas of Green Hydrogen Generation Potential in Southern Africa has been officially launched, marking a watershed moment in the renewable energy sector.

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