Category: Business
From Ordinary Lessor to 51% Shareholder
By: David Shoombe and Nghiinomenwa-vali Erastus After 14 years of leasing out their grape farm, the Namibia Youth Service (NYS) has received N$10 million in dividends from grape production. This is after moving from just being a landowner to a…
Nam Consumers Imported N$67.2 Million worth of Wines
By: Justicia Shipena Consumers of wines in Namibia have spent N$67.2 million to import wines for the month of February 2025. Most of these wines were imported from South Africa and France. Pushing the country’s beverages trade deficit…
Unpaid Import Bills Threaten Business Operations for 5,000+ Importers
By: Nghiinomenwa-vali Erastus More than 5,000 importing individuals and businesses are at risk of having their import accounts suspended if they do not settle their import debt or make payment arrangements. The Namibia Revenue Agency (NamRA) announced this week. This…
Entrepreneurship Appetite Growing in Nam
By: Nghiinomenwa-vali Erastus Basecamp Namibia has received more applications (68%) in 2024 from various Namibians through various entrepreneurial training or mentorship compared to 2023. The Basecamp 2024 Impact report has shown that in 2024 the Camp had 1 220 applications…
Commercialising Intellectual Property: The Biggest Challenge to Innovators
By: Dwight Links Maurice Bolo, the executive director of The Scinnovent Centre in Kenya, has identified the commercialisation of intellectual property (IP) as the biggest challenge facing innovators. According to Bolo, many Kenyan researchers and innovators develop promising prototypes…
Carbo Namibia To Expand Charcoal Export Expansion to 20,000tn
By: Justicia Shipena An acquisition between UK-based Big K Products and Carbo Namibia is expected to double the Grootfontein-based plant’s annual export capacity to approximately 20,000 tonnes of charcoal. This was revealed in a statement by the partners…
MTC’s Invest N$1.4 Million in Bursary Program
By: Loise Shiimi In a continued effort to support education and skills development in Namibia, Mobile Telecommunications Limited (MTC) has awarded bursaries worth N$1.4 million to six students pursuing higher education. The announcement was made on Wednesday during the…
2,4 Million Kilograms of Chicken Imported In January
By: Nghiinomenwa-vali Erastus and Justicia Shipena In January 2025, Namibia sought chicken meat from three continents—Europe, South America, and Africa to meet its local supply. The country imported 2.4 million kilograms of chicken from six countries to fill the…
Analysts Warns of Skills Gap in Emerging Industries
By: David Shoombe Economist Salomo Hei has cautioned that Namibia’s emerging industries, such as oil and gas, require a highly skilled workforce, emphasising the need for young people to pursue education in science, commerce, and mathematics. “Industries such as oil…
IUM Inaugurates N$45 Million Eenhana Campus
By: Loise Shiimi The International University of Management (IUM) on Tuesday inaugurated its N$45 million state-of-the-art campus in Eenhana, Ohangwena region. The investment is expected to reap socio-economic benefits for the town and region, with IUM founder David Namwandi stating…