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Mines and Energy Minister Tom Alweendo says policing alone will not curb rampant fuel smuggling in the northern part of the country for as long as local pricing remains high.
President Hage Geingob has called for collaboration between Namibia and Russia in the agriculture and green hydrogen sectors while putting an emphasis on poverty eradication in the country.
The government of Angola says it is considering investing in Namibia's oil sector following the recent discovery of three commercial wells off the country’s western coast.
Namibia has attracted potential investment worth N$161 billion as of March 2023, with a potential to create 122,000 new jobs in the country, Namibia Investment Promotion and Development Board (NIPDB)‘s Chief Executive Officer and Chairperson Nangula Uaandja has revealed.
Namibia is on track to experience seven years of an economic boom, according to former Presidential economic Advisor, John Steytler.