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Namibia

Namibia

Population: 2.69m
GDP: $12.77bn
Debt: 65.4% of GDP (2024)

news from Namibia

Category: all

Found 139 articles.

Displaying 61-70 out of 139 results.

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) funds, but the...


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), according...


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 ahead...


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 unemployment rate...


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 the...


SWAPO suffers bee stings

Elections next month and rumbling financial scandals around SWAPO-linked businesses could boost support for the opposition

The opposition was cheered by a legal victory last month, when the Supreme Court overturned the Windhoek High Court's dismissal of an application by nine opposition parties to...


Uranium battleground

The race to develop new uranium mines in the central Namib Desert is led by France’s nuclear giant Areva, pursued by smaller Australian and Canadian exploration companies. Areva...


SWAPO's big guns in the fray

With five years to go, rows are already under way about the next presidential candidate and the last election results

President Hifikepunye Pohamba will be sworn in for his second five-year term at the end of March after the ever-governing South West Africa People’s Organisation was awarded an...


Nuctech’s nobody

Why won’t anyone help Yang Fan pay his US$135,000 bail bond – especially when he has $2.3 million stashed in a local bank account and a swish golf...


Displaying 61-70 out of 139 results.