Author: Nghiinomenwa-vali Erastus
Private Sector Offers N$3.1 Billion for Government Debts
By: Nghiinomenwa-vali Erastus Over the past week, the private sector has submitted several bids totaling N$3.1 billion to lend money to the government through bonds and Treasury Bills (TB). This information is based on the auction results for 14…
Call for the Establishment of Africa Monetary Fund Gains Momentum
By: Nghiinomenwa-vali Erastus The African continent has been urged to establish its own independent financial institutions to support the Second Decade of Agenda 2063. The proposed institutions include the African Central Bank, the African Investment Bank, and the African…
304 Hectares of Wheat Planted at Two Green Schemes … wheat is the most imported grain in Namibia
By: Nghiinomenwa-vali Erastus Two government green schemes have planted a total of 304 hectares of wheat this season as Namibia seeks to reduce its dependence on wheat imports and fully operationalise its green schemes. Last year, the country…
Cancer Cases on the Rise, Averaging 4,300 Annually … prostate cancer remains the most common cancer in Namibia
By: Nghiinomenwa-vali Erastus The Cancer Association of Namibia (CAN) has reported a significant increase in cancer cases, with an average of 4,300 new cases annually, up from 3,700. This information was highlighted in a statement released by Bank…
Over 230,000 MWh of Electricity Generated Monthly
By: Nghiinomenw-vali Erastus Namibia has reached a milestone in domestic electricity generation, producing more than 230,000 MWh of electricity for five consecutive months. Despite meeting 60% of its power needs domestically and importing the rest, the Ruacana Hydro Power…
City Produced 84,520 Tons of Waste in 2023
By: Nghiinomenw-vali Erastus The Municipality of Windhoek collected 84,520 tons of waste during the financial year 2023, including 12,045 tons of hazardous waste. These figures were revealed during the presentation of the City’s Annual Performance Report 2022/2023 last week….
Namibians Have N$426.8 Billion in Savings
By: Nghiinomenwa-vali Erastus By the end of March 2024, Namibians had accumulated N$426.8 billion in retirement, medical aid, insurance, unit trusts, and asset management savings. This information was disclosed following an assessment by the Macroprudential Oversight Committee (MOC) of…
Central Oil Invests N$40 Million in Aviation Fuel Storage Facilities
By: Nghiinomenw-vali Erastus Central Oil Namibia will officially commission one of its aviation fuel storage facilities at Eros Airport on 5 August 2024. This inauguration follows the company’s investment of over N$40 million in two aviation storage projects…
Only Half of 1,7 Million Eligible Voters are Registered…concerns over voter apathy rise as deadline looms
By: Nghiinomenw-vali Erastus and Justicia Shipena A compilation by the Namibia Statistics Agency shows that out of the country’s 3.02 million population, around 1.67 million Namibian citizens are eligible voters for the upcoming elections. The data also reveals…
Namibia Can Produce 800 Tons of Avocados … local production could save the country about N$16 million annually
By: Nghiinomenwa-vali Erastus Namibia has the potential to produce over 800 tons of avocados annually for the local market, potentially saving over N$16 million currently spent on avocado imports each year. This insight comes from a 2024 Market…