Author: Nghiinomenwa-vali Erastus
City Moves to Commercialise Its 120 Km Fibre Network
By: Nghiinomenwa-vali Erastus The Windhoek municipality plans to optimise its 120 kilometres of underutilised fibre network by commercialising it as part of the City’s new Strategic Plan (2022-2027). This move marks the City’s entry into the internet provision market…
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…
Big Corporations Stifle New Market Entrants
By: Nghiinomenwa-vali Erastus Investigations conducted by the Namibia Competition Commission (NCC) in three separate sectors have revealed that new entrants in the economy are being kept out or driven out of the market by existing companies in an anti-competitive…
GC24 Investors Lend Back N$287.1 Million to Government
By: Nghiinomenwa-vali Erastus A recent switch auction for the GC24 bond has led to investors opting to lend back N$287.1 million to the Namibian government, according to auction results compiled by the Bank of Namibia. The government had…
Etango Uranium Project Secures N$1.05bn Financing Commitment
By: Nghiinomenwa-vali Erastus Bannerman Energy, in its quest to raise capital for the development of its flagship Etango Uranium Project in Namibia, has received a financial commitment through its ordinary shares placement on the Australian Stock Exchange. This commitment…
Caltex Return To Heighten Fuel Market Competition
By: Nghiinomenwa-vali Erastus The fuel retailing and distribution sector in Namibia is poised for increased competition with the return of the Caltex Retailing Brand under Chevron Corporation. Chevron announced on Tuesday its re-entry into the Namibian Orange Basin after…
Ohangwena’s N$250 Million Aquifer to Boost Northern Water Supply
By: Nghiinomenwa-vali Erastus and Hertha Ekandjo The government will allocate N$250 million from the N$3.3 billion (including N$1.8 billion in loans) set aside for water infrastructure to develop the Ohangwena Aquifer, making it the second primary source of bulk…
Inefficiency Creates 39% Public Investment Gap
By: Nghiinomenwa-vali Erastus A large portion of public investment in Africa is lost to inefficiency, creating an investment efficiency gap of 39%, which is higher than Europe (17%) and Asia (29%). This is according to an analysis by the…
Africa Needs US$402 Billion for Structural Transformation
By: Nghiinomenwa-vali Erastus Africa will need to close an annual financing gap of about US$402 billion by 2030 to fast-track its structural transformation and catch up with high-performing developing countries from other regions, according to the African Development…