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Namibia

Namibia

Population: 2.53m
GDP: $12.31bn
Debt: 71.7% of GDP (2023 forecast)

news from Namibia

Category: all

Found 134 articles.

Displaying 51-60 out of 134 results.

SWAPO shutdown

Jockeying for position to succeed President Hifikepunye Pohamba is rising following confirmation that SWAPO’s elective congress will be held on 28 November to 2 December.


Blow to Geingob

The presidential ambitions of Hage Geingob appear holed beneath the waterline after he admitted taking a US$300,000 consultancy fee from French nuclear power company Areva in 2008 ...


Trial by procrastination

Due to open on 1 June, the long-awaited Avid Investment Corporation trial, involving claims over the embezzlement of 30 million Namibian dollars (US$4.3 mn.), has been postponed ye...


Where the BEE sucks

A trial in June could mark the start of a reckoning for massive fraud in the public sector workers’ pension fund

Black Economic Empowerment (BEE) company Avid Investments collapsed in 2004, losing 30 million Namibian dollars (US$4.3 mn.) to the embezzlement of Social Security Commission (SSC)...


No uranium for Tehran

United States’ worries over possible uranium sales to Iran from the planned Valencia mine in west-central Namibia may have blocked its sale to George Forrest International (GFI), a...


Harbour of resentment

A decision by the Namibian state-owned port operator to pre-award an estimated US$285 million contract for the Walvis Bay harbour expansion to the China Harbour Engineering Company...


Tarah Shaanika

Chief Executive Officer, Namibia Chamber of Commerce and Industry (NCCI)

In late March, a Metal and Allied Namibian Workers Union branch went on strike at New Era Investments, a Chinese construction company, over wages and benefits. Namibia’s high u...


Culpable contracts

Oil-trader Glencore International fears Namibia may wish to review its lengthy 2007 contract to provide half of refined petroleum imports until 2014. Namibia’s dollar is tied to th...


Displaying 51-60 out of 134 results.