Category: Business
High Local Prices Drive Us To South Africa, Horticulture Entrepreneur Says
By:Loise Shiimi Magano Rainhold is a young graduate from Oshakati. When she graduated in 2017 in telecommunications engineering at Triumphant College she thought life would be easier. She, however, struggled to find a job. Very soon enough, she came to…
N$5.3bInvested In Renewable Energy Generation
By:Nghiinomenwa-vali Erastus From 2014, local and foreign investors have poured in N$5,3 billion to generate electricity from alternative/renewable sources in the country, the Electricity Control Board’s (ECB) Chief Executive Officer, Robert Kahimise, said. The N$5,3 billion includes investment by the…
Radio Is The Preferred Medium For Receiving News
By:Nghiinomenwa-vali Erastus In a survey conducted last year, Vision Africa Research Services has highlighted that 40,7%people depend more on radios for their news and other information. The Internet was the second source at 23,6%, followed by TV. Newspapers are the…
SMEs To Get Option To Exchange Shares For Capital Soon
By:Nghiinomenwa-vali Erastus As part of the national Small to Medium Enterprises (SMEs) Financing Strategy, the country will soon launch its own Venture Capital Fund, that will be exchanging capital for equity in high-growth SMEs. The Development Bank of Namibia (DBN)…
Fueling The Recovery: Oil And Gas SMEs Find Support In Namibia’s Loan Scheme
By:Justicia Shipena In Namibia, the Small and Medium-sized Enterprises (SMEs) Economic Recovery Loan Scheme has extended its support to an array of industries, including the crucial oil and gas sector. Acknowledging the significance of this sector in the country’s economy,…
Nam Advised to Formulate Mining in Wildlife-Concentrated Areas
By:Nghiinomenwa-vali Erastus The recent three-day National Conference on Human Wildlife Conflict Management has recommended that rural communities take ownership of conservancies and reduce control by non-members. This is included in the summary of the resolutions that were made during the…
Nam Sources Pork Meat From EU Markets
By: Nghiinomenwa-vali Erastus The Meat Board of Namibia said for the first three months of 2023, 68.5% of Namibia pork need was serviced by imports, inclusive of offal and processed products. Tthree-month assessment has revealed, showing the agri opportunities the…
O&L Gets Permit To Construct N$350 Million Solar Park In Germany
By: Staff writer O&L Nexentury GmbH, a subsidiary of the Ohlthaver & List Group, has been granted the advanced water management permit (“gehobene wasserrechtliche Erlaubnis” in German) for the construction and operation of a floating solar photovoltaic park. The…
NamibiaExports 30,436 Heads Of Live Cattle To SA, Says Meatco Report …almost all of the live export are weaners
By:Nghiinomenwa-vali Erastus Up to 30,635 heads of cattle left the country during the first three months of 2023 relative to 28,972 heads exported during the same period in 2022, according to the Livestock & Meat Industry Q1 Review released by…
Mathematics Is The Queen Of Science, Says Education Executive
By:Nghiinomenwa vali Erastus “The knowledge of numbers and their basic operation is essential to survive in today’s world,” said Edda Bohn, deputy Director in the Ministry of Education, Arts and Culture. Bohn was speaking at the recent Bank Windhoek’s Capricorn…