Author: Justicia Shipena
Protecting Namibia’s Blue Wealth: Expanding Protected Areas in Marine and Coastal Zones
By:Justicia Shipena Namibia has declared more than 10% of its coastal and marine ecosystems as protected areas, said deputy Minister of Environment, Forestry and Tourism, Heather Sibungo. She said this during the commemoration of International Day for Biological Diversityat Gibeon…
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,…
City Authorities Ensure Power Stability, Residents Safe From Disconnection
By:Justicia Shipena The City of Windhoek (CoW) has taken decisive action to assure its residents that no one will face power disconnection. The CoW’s recent assurance of uninterrupted power supply to its residents comes at a time when the municipality…
The Untapped Potential: Addressing Namibia’s High Percentage Of Unprocessed Gemstone Exports
By: Justicia Shipena Trade Minister Lucia Ipumbu has expressed sadness over the fact that more than 90% of gemstones leave the country in their unprocessed form, depriving the nation of the economic benefits that could derive from value addition. Ipumbu…
Transparency in Governance: IPPR Insists on Release of Ernst & Young Namibia Report on TransNamib Probe
By: Justicia Shipena The Institute for Public Policy Research (IPPR) has demanded that Finance Minister Ipumbu Shiimi release a report by Ernst & Young Namibia (EY) on a TransNamib probe into mismanagement and governance. The proposal was made by IPPR…
Dark Hours Loom: The Cost Of Ignoring NamPower’s Demands …as NamPower’s stage one strikes in June
By:Justicia Shipena With May’s end approaching, consumers who are still in arrears face the looming threat of dark moments, a sharp reminder of the effects that come with unpaid bills. In a turn of events, NamPower, the state corporation responsible…
Experts Fear US Ambassador’s Critique Of South Africa Could Harm Namibia …Says impact would hit harshly if US dollar to South African rand blowout lasts longeR
By:Justicia Shipena Economists say the US ambassador Ruben Brigety claims of South Africa’s “arming” of Russia could have an impact on the Namibian economy. On Thursdaythe South African rand and Namibia dollar crashed to their previous record low, losing…
Building Permits See Sharp Decline As New Construction Slows Down In April
By:Justicia Shipena Construction approvals in Windhoek and Swakopmund fell by 33.6% year on year in April 2023. According to Simonis Storm Securities’ latest analysis, from January to April 2023, an average of 151 plans were granted per month, compared to…
Potato Shortfall Leads Horticulture Industry’s 2023 First-Quarter Woes
By:Justicia Shipena Namibia’s horticulture industry has been hit hard by a shortfall of potatoes during the first quarter of 2023. According to industry reports, the potato crop yield has been significantly lower than expected, with an 8,579-tonne deficit. Potatoes had…
NamRa To Investigate Tax Return Submissions
By:Justicia Shipena The Namibia Revenue Agency (NamRa) will form an investigation team to assess the legitimacy of zero tax returns submissuions. In a press release last week, NamRa said the team will be established in July. The revenue collecting agency…