Author: Justicia Shipena
Labour Commissioner’s Office Laments Overflowing Dispute Cases
By:Justicia Shipena The Office of the LabourCommissioner says it is experiencing an escalating number of labour disputes on a weekly basis. In an interview with Eagle FM this week, the deputy LabourCommissionerKyllikkiSihlahla said the rate at which cases are being…
Namibia Must Hurry To Get Oil Out Of The Ground – Namcor’s Mulunga
By: Justicia Shipena The Managing Director of the National Petroleum Corporation of Namibia (Namcor) Immanuel Mulunga says Namibia needs to hurry to get its oil out of the ground as soon as possible. Namcor in partnership with Shell and QatarEnergy…
Geingob’s Idea To Cut Public Workforce Irks Unionist
By: Justicia Shipena President Hage Geingob’s suggestion to reduce the civil servant workforce is under attack and has been labelled as “sickening” and a “flawed” approach. The criticism comes after Geingob tasked the Public Service Commission (PSC) to review the…
Nam’s Jan Export And Import Bill Results In N$2.9 billion Trade Deficit
By:Justicia Shipena The Namibia Statistics Agency (NSA) Namibia’s export and import bill for January 2023 resulted in the country’s trade deficit of N$2.9 billion, with exports standing at N$7.0 billion and imports at N$10.0 billion. The NSA bulletin showed that…
Minister Says Number Of Fish Eaten By Seals Is Unacceptable …as environmentalist opinions affect seal product exports
By:Justicia Shipena Fisheries minister Derek Klazen has expressed concern about the number of fish consumed by seals per year in Namibia, terming it “unacceptable”. Klazen was responding to a motion by member of parliament Mike Kavekotora in the National Assembly…
Bots Military Army Imports Contributes To Growth Of Walvis Port …as container exports and imports increase
By:Justicia Shipena The Namibian Ports Authority (Namport) has announced an increase in container exports and imports of various commodities in its February 2023 quayside bulletin. According to the abulletin, charcoal has shown a 39% increase in volume due to high…
Namibia Imports N$1.1 Million Worth Of Jewellery In Jan
By: Justicia Shipena The Statistician General and Chief Executive Officer of the Namibia Statistics Agency (NSA), Alex Shimuafeni has revealed that Namibia imported jewellery worth N$1.1 million in January 2023. Shimuafeni made these revelations in the Namibia Trade Statistics Bulletin…
Higher Interest Rates Discourage Credit Demand – Economists
By: Justicia Shipena Higher interest rates are unlikely to deter credit demand, which has been resilient since last year. This is according to a report on private sector credit extension by financial research firm Simonis Storm. However, the firm says…
Namibia Can Protect Its Financial System – !Gawaxab …as South Africa encounters grey listing from FATF
By:Justicia Shipena Bank of Namibia (BoN) governor Johannes !Gawaxab says Namibia is better positioned to safeguard its interests and protect its financial system. !Gawaxab said this is due to its demonstrable political will and widespread support from stakeholders. The BoN…
Environmental Fund Pays Out Grants Worth N$535 Million
By:Justicia Shipena The Environmental Investment Fund (EIF) has to date disbursed grants valued at more than N$535 million, the Fund’s Chief Executive Officer Benedict Libanda has revealed their latest annual report. “EIF has ensured that more than 240,256 hectares of…