The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

Namibians prefer paying for funeral cover to saving for retirement

Written by Maggy Thomas on 27 April 2017

WINDHOEK, 27 APR (NAMPA) – More Namibians prefer to spend money on funeral cover and their children’s education policies than to put money away for retirement, a study on saving and investment has revealed.
Old Mutual Namibia conducted a study on saving and investment in 2016 to determine the kind of savings and investment vehicles used by urban working Namibians.
The study was also aimed at understanding Namibians’ level of debt and what kind of debt they have as well as repayment periods and patterns.
Pre ...


Billions needed to upgrade rail infrastructure

Written by Uerikoha Tjijombo on 27 April 2017

WINDHOEK, 27 APR (NAMPA) – TransNamib’s acting Chief Executive Officer, Hippy Tjivikua has appealed to the private sector, the mining sector in particular, to assist in upgrading Namibia’s railway infrastructure.
Tjivikua made the appeal on Thursday when he spoke at the 2017 Mining Expo and Conference, which started in Windhoek on Wednesday.
The acting CEO addressed the conference about the topic ‘Rail infrastructure – transportation challenges for mining goods and inputs’.
He said N.dollars 15 billion is ...

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× BERLIN, 26 April 2017 - A house part of the Jagdschloss near Güstrow that was used to accommodate teachers of the about 430 children from Namibia who were taken as German Democratic Republic (GDR) kids after the Battle of Cassinga. (Photo by: Esme Konstantinus) NAMPA

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× EENHANA, 21 April 2017 - Local businessman Banda Shilimela. (Photo by: Mathias Nanghanda) NAMPA

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× Spanish matador Alejandro Talavante performs a pass with muleta on a bull during a bullfight at the Maestranza bullring, in Sevilla on April 27, 2017. / AFP PHOTO / CRISTINA QUICLER

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× A boat travels in the Newtown Creek under the Kosciuszko Bridge during a ribbon cutting ceremony in the Queens borough of New York, U.S. April 27, 2017. REUTERS/Carlo Allegri

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× BERLIN, 26 April 2017 - A house part of the Jagdschloss near Güstrow that was used to accommodate teachers of the about 430 children from Namibia who were taken as German Democratic Republic (GDR) kids after the Battle of Cassinga. (Photo by: Esme Konstantinus) NAMPA

NAMPA / Reuters

NAMPA / Reuters


× Apr 27, 2017; Denver, CO, USA; Colorado Rockies starting pitcher Antonio Senzatela (49) delivers a pitch during the first inning against the Washington Nationals at Coors Field. Mandatory Credit: Chris Humphreys-USA TODAY Sports

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NAMPA / Reuters


× Britain Soccer Football - Manchester City v Manchester United - Premier League - Etihad Stadium - 27/4/17 Manchester City's Fernandinho in action with Manchester United's Marouane Fellaini Action Images via Reuters / Jason Cairnduff Livepic EDITORIAL USE ONLY. No use with unauthorized audio, video, data, fixture lists, club/league logos or "live" services. Online in-match use limited to 45 images, no video emulation. No use in betting, games or single club/league/player publications. Please contact your account representative for further details.

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× Visitors watch books in the opening day of the 43rd edition of the Buenos Aires International Book Fair, on April 27, 2017, in Buenos Aires. The Buenos Aires Book Fair, which runs until May 15, is one of the busiest book expos in the world and the top among Spanish-speaking countries. / AFP PHOTO / EITAN ABRAMOVICH