Namibia fully pays off 2015 Eurobond

October 30, 2025 16

Finance Minister Ericah Shafudah has announced that Namibia has fully paid off its N$13-billion eurobond. She said the repayment comes amid challenging global capital flows and trade shifts. Shafudah noted that clearing the debt creates fiscal space for the government to invest more in critical sectors and improve the lives of Namibians. Here is local economist Chiinga Syabaswi.

Written by: Madeline

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Diesel is coming for your pocket

An analysis by financial firm Simonis Storm highlights why the latest fuel price hike, which sees diesel spiking by N$3 a litre, poses a major threat to the broader economy. While motorists feel the pinch directly, diesel makes up about 70% of the total petrol and diesel consumed in Namibia, […]

November 4, 2026 2

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SAPD nabs wanted gang member

Western Cape police have arrested a wanted gang member after a shootout with Anti-gang unit officers in Manenberg. Police say the suspect opened fire when he spotted officers deployed as part of security measures for the local government elections. Police spokesperson Novela Potelwa says the suspect is expected to face […]

November 4, 2026 2