Sovereign Wealth Fund surges

October 30, 2026

Namibia’s Sovereign Wealth Fund has surged past the half-billion-dollar mark, with government moving to table dedicated legislation that will legally protect natural resource revenues for future generations. According to the midterm budget documents, the Welwitschia Fund reached a market value of N$514.6 million Namibian dollars as of late June. That marks a 75% growth from the N$293 million recorded at its launch in November 2022. Angie Scholtz has more.

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Written by: Madeline

Renowned environmentalist reiterates support for marine phosphate

Namibian Chamber of Environment CEO Dr Chris Brown has defended marine phosphate mining, saying scientific assessments found its impact on commercial fish species and spawning grounds would be insignificant. He says the seabed can recover after dredging and that strict monitoring can protect marine ecosystems. Brown argues the project offers […]

October 30, 2026

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Motion court: Banks claim N$28.7m in debt

High Court judges Boas Usiku and Gladys Pickering presided over the motion court sessions this morning with 66 applications for default judgments, of which two were on the rule 108 roll to be heard on Tuesday by Judge James Devittie. Commercial banks brought 33 applications and are claiming back ten […]

October 30, 2026