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Tag Archives: Namibia

U.S. tariffs on South Africa threaten Namibia’s dollar liquidity

WINDHOEK, Namibia | Xinhua | Namibia faces tighter U.S. dollar liquidity and higher settlement costs, as the recently imposed 30-percent U.S. tariffs on South African exports weaken the very financial channels it relies on for cross-border trade payments, according to an analysis by Namibian research and investment firm Simonis Storm Securities …

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Nandi-Ndaitwah sworn in as Namibia’s first female president

Outgoing leader Mbumba hands power to Nandi-Ndaitwah at a ceremony coinciding with country’s 35th independence day Windhoek, Namibia | AL JAZEERA AND AGENCIES |  Netumbo Nandi-Ndaitwah has been sworn in as Namibia’s first woman president, after winning elections last year that extended the governing party’s 35-year grip on power. Nandi-Ndaitwah, …

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Namibia elects first female president in historic vote

WINDHOEK, NAMIBIA | Xinhua | Namibia made history on Tuesday by electing the country’s first female president, 72-year-old Netumbo Nandi-Ndaitwah from the ruling South West Africa People’s Organization (SWAPO) party. The announcement marks a significant milestone in Namibia’s 2024 presidential and National Assembly elections. The Electoral Commission of Namibia (ECN) …

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Namibia courts affluent global retirees, high net worth investors as Africa’s golden visas gain ground

Uganda, too, is keen on attracting foreign investment and is in the process of planning a citizenship-by-investment program to enhance FDI and provide opportunities for economic growth SPECIAL REPORT | BIRD AGENCY | Until recently, foreigners seeking Namibian residency through the country’s residency-for-investment scheme famously had to purchase real estate …

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