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 …
Read More »Namibia edges Uganda in Pearl of Africa Cricket T20 Series opener
ENTEBBE, Uganda | Xinhua | Hosts Uganda have suffered defeat to Namibia in the opening match at the ongoing Pearl of Africa Cricket T20 Series in Entebbe, Uganda. Namibia battled first and put on 145/6 in 20 overs, while Uganda chased and collapsed at 143/5 in all 20 overs. The …
Read More »Africa targets ‘luxury’ fish exports with pioneer salmon farming
Namibia’s recent salmon venture signals Africa’s push into ‘luxury’ aquaculture, with local investors, backed by Norway, China, and South Africa, eyeing a stake in the booming US$30 billion global salmon market. SPECIAL REPORT | BIRD AGENCY | The Atlantic breeze brushes against the fishing boats that bob at the docks …
Read More »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, …
Read More »FIFA U-17 Women’s World Cup: Uganda confident ahead of qualifier against Namibia
KAMPALA, Uganda | Xinhua | The head coach of Uganda’s U-17 women’s team is confident that her team will be capable of picking up positive results in the first round of the FIFA U-17 World Cup 2025 qualifiers. Sheryl Botes Ulanda, the head coach, told Xinhua on Wednesday that her …
Read More »She Cranes Set for Africa Netball Cup Comeback in Namibia
Windhoek, Namibia | THE INDEPENDENT | Uganda’s national netball team, the She Cranes, bounces back to international duty today in Namibia that is hosting the 2024 Africa Netball Cup December 9 to 14 at the MTC Dome in Swakopmund Municipality. The team arrived in Namibia two days ago and has …
Read More »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) …
Read More »Namibia aims to become Africa’s leading oil producer by 2035
WINDHOEK | Xinhua | Namibia is on track to become one of Africa’s leading oil producers by 2035, potentially producing more than half a million barrels of oil per day, an official said on Wednesday. This development could see the country displace Egypt from the top five oil producers on …
Read More »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 …
Read More »Namibian president sets vision for 2024 at Cabinet opening amid national mourning
WINDHOEK, NAMIBIA | Xinhua | Namibia’s economy is recovering in various sectors, including agriculture, mining, fisheries, tourism, oil and gas, and green energy, Namibian President Nangolo Mbumba said on Tuesday. Mbumba made the remarks on the occasion of the official opening of the Cabinet in the national capital of Windhoek …
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