Author: Staff Writer
Namibia Seeks Indian Millet Expertise
By: Flora Katutiramambo Officials from the Ministry of Agriculture, Water ans Land Reform has embarked on a learning trip to India, especially for millet seed improvement,to boost food security in the country. As part of the trip to that…
Repo Rate Increases Help Capricorn Rise To Pre-Pandemic Pofits
By:Staff writer Capricorn Group’s profit after tax has increased by 28.7% to N$1.47 billion for the year ended 30 June 2023 , the Group has announced. According to the Group Chief Executive Officer, Thinus Prinsloo, this is due to improved…
Namibia: Uranium Rich,But Energy Poor …Towards energy security
By:Kuiri F Tjipangandjara (D Sci Eng) Indeed, the future looks bright for the Namibian uranium industry. The world has big hunger and thirst for uranium. What is encouraging is the fact that both the uranium prices (spot ad contract) are…
Angola Oil & Gas 2023 Explores The Strategic Imperative Of Local Content
By:Staff writer Local content represents one of the primary drivers of economic development in any oil-rich nation. For Angola, the Government has made great strides towards moving from the promotion of local content to the implementation of tangible policies. During…
Namibia, EdoState Explore Investment Opportunities
By: Staff writer The Governor of Edo State in the South-South of the federal republic of Nigeria,Godwin Obaseki has called for increased collaboration between his state and the Namibian Government. This, he said is to drive economic growth and reap…
Construction Contracting In Windhoek and Swakopmund
By:Staff writer The construction sector is contracting in Windhoek and Swakopmund after approvals fell by 8.0% month on month (m/m) in August. This is a 15.7% year-on-year (y/y) decrease from August 2022. For the year so far, there has been…
NSA Budgets N$250 Million For Census Enumerators
By:EnumeratorsBrandon Shilongo The Namibia Statistics Agency (NSA) will payN$250 million inallowances to its ad hoc staff who will be involved in the conduct of the 2023 Population and Housing Census. The governmentallocatedN$706 million for the national exercise. This was revealed…
Repo Rate Pushes Car Buyers To Buy Cash
By:Staff writer The repo rate has forced those purchasing vehicles to do so via cash transactions rather than on credit,a recent analysis has revealed. In August this year, the Bank of Namibia’s Monetary Policy Committee (MPC) opted to keep the…
Construction Sector Says Government Projects Exclude Namibians
By:Staff writer The construction sector has reiterated calls to cancel several projects, which they argue exclude most Namibians. In a statement by the Construction Industries Federation (CIF) and the Metal and Allied Namibian Workers Union (Manwu), the two entities argue…
Namibia Exports Stand At N$8.3 Billion In July
By: Staff Writer Namibia has exported goods valued at N$8.3 billion and imported N$11.9 billion worth of goods, resulting in the country’s trade deficit of N$3.7 billion in July 2023. The Namibian Merchandise Trade Statistics Bulletin for July 2023, issued…