QKR Namibia Navachab Gold Mine recently announced significant progress in its development to establish an underground mining operation. According to the mine, the announcement was made following a successful trial mining phase and positive geopolitical results. The development is expected to unlock additional mineral resources that cannot be economically mined through open-pit methods, QKR stated. Underground Mining Project Manager, Venancio Guchu, said the current phase of development is focused on creating access for exploration drilling and to gather critical geological data required for future mining decisions. “QKR Namibia Navachab Gold Mine is currently assessing the potential for a full underground mining operation following a successful trail mining phase conducted a few years ago. The geological continuity and geotechnical evaluations produced encouraging results,” said Guchu. The mine noted that underground work is concentrated on the Main Shoot and North Shoot mineralised zones located north of the existing open pits. The orebody...

The Roads Authority installed speed humps at selected locations along the B1 Western Bypass, between the Independence Avenue Interchange, Katutura Hospital area, and the Lafrenz Interchange. The Authority stated that they collaborated with the Ministry of Works and Transport and relevant stakeholders for this project and similar measures will be implemented on a section of the A1 Road between Prosperita and the Windhoek Country Club Resort. The Authority added that the project was initiated by the Minister of Works and Transport, Veikko Nekundi, because of an increase in pedestrian related crashes along these sections, some of which have resulted in fatalities. “The speed humps form part of an immediate road safety measure to reduce vehicle speeds, improve driver alertness and enhance pedestrian safety in these high risk areas.” They urged motorist to approach the affected areas with caution, obey all traffic signs and instructions from traffic officials, and reduce speed...

The trade deficit in April 2026 increased to N$4.4 billion, up from N$2.1 billion in April 2025, according to the latest figures released by the Namibia Statistics Agency on Tuesday. The figure shows a sharp deterioration in the economic balance sheet as the nation continues to buy far more from abroad than it sells to international markets. In April, trade figures show exports amounted to N$9.8 billion, while imports were higher at N$14.2 billion, reflecting a worsened trade balance. The analysis of Namibia’s top trading partners revealed that South Africa emerged as the country’s largest market for both exports and imports. On the goods front, the country’s export basket for April 2026 was mainly composed of commodities from the mining sector, such as non-monetary gold, uranium, precious stones (diamonds), and petroleum oils. Fish was the only non-mineral product among the top five exports. Re-exports notably increased by 39.8% monthly and...

Windhoek has seen a significant drop in crime statistics recorded from 1 January to 31 May 2026, compared to the same period last year. This was revealed by the City of Windhoek Mayor, His Workshop Sakarias Uunona at the council’s ordinary meeting last week. According to Uunona, home burglaries reduced by 27%, business burglaries reduced by 1%, theft reduced by 7%, robberies reduced by 22%, murders reduced by 14% and attempted murders reduced by 10%. Uunona said the improved figures were primarily due to strong collaboration between law enforcement and communities. The drop in home burglaries is largely due to increased security awareness, active neighbourhood watch groups and use of technology under the safer city strategy. He, however, emphasised that incidents often linked to unattended properties and inadequate security measures are still a problem as well as theft and robberies, highlighting the need for continued vigilance. In contrast, theft from...

A blank space or an ‘NR’ indicates no readings received.An ‘e’ indicates that the water level has been estimated.A ‘w’ indicates that conditions were very windy, resulting in an inaccurate reading.Omatjenne Dam does not have abstraction facilities.The dam contents are according to the latest dam basin surveys.The inflow that is reflected in the bulletin does not take into account evaporation and abstraction of water.An ‘N/A’ indicates that there is no rain gauge at the dam. * Water was transferred from Swakoppoort Dam to Von Bach Dam.** Water transfer from Omatako Dam to Von Bach Dam took place using small pumps.*** Water transfer from the Otjivero Main Dam to Tilda Viljoen Dam resumed on 23 May 2026.**** Water transfer from the Daan Viljoen Dam to Tilda Viljoen Dam resumed on 23 May 2026.   Source link

African economies are projected to grow at 4.2% in 2026, declining slightly from last year’s 4.4%, according to the African Development Bank Group’s 2026 African Economic Outlook flagship report. The report attributed the growth in 2025 to improved macroeconomic management, stronger agricultural output, elevated commodity prices and ongoing structural reforms. It revealed that the continent remains among the world’s fastest-growing regions, with 22 countries projected to grow above 5%. According to the report, East Africa is expected to remain the continent’s fastest-growing region, though growth is projected to ease from 6.6% in 2025 to 5.9% in 2026. West Africa is forecast to remain relatively stable, with growth projected at 4.7% in 2026, supported by strong agricultural production and continued infrastructure investment. North Africa is expected to grow at 4% in 2026 compared to 4.4% in 2025, reflecting weaker tourism demand from Gulf states and the broader effects of global supply...

By Helene Vosloo CRAN Executive Namibia stands at the threshold of a transformative era. With major oil and gas discoveries in the  Orange Basin, the country is rapidly emerging as a global energy frontier. Yet, beyond physical resources, it is the power of digitisation that will determine how effectively Namibia harnesses this opportunity. Digitisation, defined as the integration of digital technologies into economic and social systems, is reshaping the global oil and gas industry. In Namibia’s case, this transformation is both urgent and strategic. Technologies such as Artificial Intelligence (AI), Machine Learning (ML), the Internet of Things (IoT), blockchain, and digital twins are redefining how oil and gas operations are conducted across the value chain. The impact is far-reaching. In exploration, advanced analytics and AI-driven reservoir modelling allow for faster and more accurate identification of hydrocarbon deposits. In production, real-time monitoring systems provide operators with immediate insights into equipment performance,...

The Capricorn Foundation has approved an additional investment of N$1.2 million into the Rural Revive project, to scale up a self-sustaining, desert-based economy in the rural village of Maltahöhe. The latest injection of capital, which received the board’s green light in May, will fund a crucial 12-month consolidation phase. This leg of the project focuses directly on strengthening the local infrastructure and organisational capacity needed to secure and scale the gains already achieved. This funding marks the third major financial commitment from the Capricorn Foundation, which was the first local private sector corporate donor to back the programme. The foundation initially anchored the project with N$1 million in 2023, followed by an investment of N$1.17 million in 2025. With this latest allocation, the foundation’s total financial support for the rural development initiative has risen to N$3.37 million. Operating under the umbrella of the Wolwedans Foundation’s AridEden Vision 2050 framework, Rural...

Bank Windhoek and the Bank of Namibia (BoN) this week reinforced their strategic partnership following a high-level bilateral engagement to secure financial stability and accelerate national economic growth. The meeting, hosted at BoN’s headquarters in Windhoek, the Governor, Ebson Uanguta, attended the session, and his two Deputy Governors, Leonie Dunn and Nicholas Mukasa, while Bank Windhoek’s delegation was led by Managing Director, James Chapman. The engagement served as a formal introduction of Bank Windhoek’s new executive management team to the central bank’s leadership. Discussions focused on key economic developments, the outlook for Namibia’s financial sector, and the critical role that commercial banks play in driving sustainable economic growth, financial inclusion, investment, national development and fighting fraud. Chapman, who kicked off the engagement, said Bank Windhoek continues to play a critical role in the national economy, supported by a strong footprint, robust financial performance, and a proud legacy as a Namibian-owned...

The Namibia Institute of Public Administration and Management (NIPAM) has joined forces with the Global Cybersecurity Centre to train local civil servants in cybersecurity. The two organisations signed a landmark three-year Memorandum of Understanding (MoU) on Thursday to boost the public sector’s digital safety. The new agreement comes at a crucial time as global cyber threats continue to rise. Under the three-year pact, NIPAM and the Global Cybersecurity Center will work side-by-side to roll out specialized training programs and launch awareness campaigns designed specifically for government employees. NIPAM Executive Director, Dr Heroldt Murangi, in a statement, emphasized that no individual or institution is immune to cyber-attacks, which can occur at any time and from multiple sources. He noted that the partnership comes at an opportune time, as NIPAM continues to fulfil its mandate of building capacity within the public sector. “There must be cybersecurity seminars, training programmes, finalized learning materials,...