Category: TRADE
Opinion: China-Africa Summit: Important Impulse Partnership, Security, and Economic Evolution
By: Josef Kefas Sheehama The China-Africa Summit, held last week was attended by 53 Heads of States, with China announcing $51 billion in support to Africa over the next three years. This comprises investments in infrastructure, industrial development,…
Ghana Resumes Namibian Beef Imports After Long Hiatus
By: Nghiinomenwa-vali Erastus In June 2024, Ghana rejoined the list of African countries purchasing Namibian beef after a prolonged break, with some northern farmers calling the sudden stop“economic sabotage.” According to the Livestock and Livestock Board of Namibia’s…
NAB Defends Food Import Ban Citing Trade Imbalance
By: Hertha Ekandjo The Namibia Agronomic Board (NAB) says concerns by South Africa’s regarding the recent import ban on certain agronomic and horticultural products are misaligned with the principles of fair trade among Southern African Customs Union (SACU)…
Beef Exports Hit 11.0 Million Kilograms
By: Staff writer Namibia’s beef export market witnessed significant growth during the first half of the year, with total exports reaching 11.0 million kilograms. This is an exponential increase from 6.5 million kilograms exported in the first half of 2023….
June Records Improved Export Earnings and Trade Deficit
By: Justicia Shipena Namibia recorded a notable improvement in trade performance in June 2024 with a 37.4% increase in export earnings, rising from N$9.4 billion in May 2024 to N$12.9 billion. According to the Namibia Statistics Agency (NSA), this…
Borders Open for Five Vegetables Only
By: Nghiinomenwa-vali Erastus Local farmers in Namibia can adequately meet the domestic demand for eight of the 20 specialised controlled products for July, while partially meeting the demand for seven more. This has led the Namibia Agronomic Board (NAB)…
2.6 Million Kilograms of Pork Imported in 5 Months…Germany leading supplier
By: Nghiinomenwa-vali Erastus From January to May 2024, Namibian consumers imported 2.7 million kilograms of pork through their retailers, according to monthly statistics from the Livestock and Livestock Product Board of Namibia (LLPBN). A significant portion of this…
Diplomat Encourages Namibians to Invest in Tanzania
By: Hertha Ekandjo Tanzania’s High Commissioner to Namibia, Caesar Waitara, has invited Namibian investors to invest in his country and produce goods and services that will access the African Free Trade Area. This offer comes as Namibia continues…
Borders to Remain Open for Potato Importation
By: Loise Shiimi Potatoes will remain on the open import list as the Namibian Agronomic Board (NAB) closes the border for the importation of 12 out of the 20 horticultural products on the special controlled products list from…
Trade Volumes Between Namibia and Indonesia Increase by 26.19% in 2023
By: Hertha Ekandjo Trade between Namibia and Indonesia has been steadily rising since 2019. Notably, the total trade volume between the two countries reached N$192.7 million (USD 10.6 million) in 2023, marking a significant 26.19% increase from the previous…