Category: Business
Informal Traders Not Happy With Rising Bulk Prices
By: Justicia Shipena Informal traders have voiced concerns over their constrained ability to negotiate prices and other regulatory matters affecting their businesses. This limited bargaining power to negotiate prices with suppliers and regulators, negatively affects business in the…
Private Sector Investment Key to Addressing Africa’s Climate Finance Gap
By: Nghiinomenwa-vali Erastus Africa’s climate adaptation and mitigation financing shortfall, amounting to a staggering $265 billion could be alleviated significantly through the active involvement of private capital distributors. This capital could be crucial as many African countries continue to…
Farmers’ Unions Want North/South Meatco Divide
By: Justicia Shipena IN a bid to revitalise the Meat Corporation of Namibia (Meatco), four prominent farmers’ unions have recommended the establishment of two independent subsidiary entities. The proposal comes at a crucial juncture when Meatco is grappling with financial…
AgriBanks’ Non-Collateral Loan Product Still Underutilised
By: Nghiinomenwa Erastus The Agricultural Bank of Namibia says its non-collateralised loan product tailormade to help communal and small scale farmers with needed capital is still underutilised about eight years after it was launched. When it was launched in 2017,…
Revived Rundu Abattoir Kicks-off With a Bang
By: Nghiinomenwa-vali Erastus The recently reopened Rundu Abattoir has recorded the slaughter of 632 cattle during August and September 2023, signifying increased demand for markets by Northern Communal Farmers. The Rundu abattoir has been dormant since 2014 and since its…
Over 13 000 Tonnes of Uranium Oxide Shipped in Two Years: China the Largest Beneficiary
By: Nghiinomenwa-vali Erastus The two leading uranium producers in the country have extracted and processed 13,402 tonnes of uranium oxide over the past two years, with the majority of these exports directed to China and other uranium-enriched nations. Chinese owned,…
Namibia to Cultivate Its Own Banana Seedlings
By: Nghiinomenwa-vali Erastus The Namibian Agronomic Board has joined forces with AvaGro, a local agricultural company, to further the development of Namibia’s banana industry through research and development. NAB confirmed its partnership with AvaGro, a company specialising in climate-related agricultural…
Namibia Imported 331 Tons of Mango in 2022 … expenditure Over N$4 Million Annually
By: Nghiinomenwa-vali Erastus Namibia’s reliance on mango imports is noteworthy, with the country spending over N$4 million annually on fresh mangoes. During the 2021/22 financial year, Namibia imported 331 tons (331,000 kg) to fill the national demand which stood at…
Meatco Addresses Issues Delaying the Clearing of Beef Consignments
By: Justicia Shipena and Nghiinomenwa-vali Erastus THE Meat Corporation of Namibia (Meatco) says it has addressed challenges it encountered with clearing beef consignments to consumers, an issue which resulted in further delays in payment to producers. These challenges, Meatco aid…
Namibia still struggling to root out illegal Fishing
By: Nghiinomenwa-vali Erastus MINISTER of Fisheries and Marine Resources Derek Klazen has confirmed that incidences of illegal and unregulated fishing activities are still active in Namibia waters with the latest recorded in April this year. Illegal, unreported, and unregulated (IUU)…