Author: Staff Writer
City Building Approvals Increase, Value Decreases
By:Staff writer The value of building plans approved by the City of Windhoek between April and May this year decreased by 30.4%, analysis from IJG Namibiahas shown. While there was a 25.2% increase in the total amount of buildings approved…
Nam Has imported N$2.8 Billion More Than Exported In May
By:Staff writer Namibia’s trade deficit ballooned by N$1.5 billion in a month from N$1.3 billion recorded in April 2023. This has brought the country merchandise trade account in negative of the N$2.8 billion in April 2023. This is according to…
Data is the Key to Revolutionising the Credit Market
Thabo Molefe In today’s fast-paced digital era, data has emerged as a powerful catalyst, reshaping the landscape of the credit market and revolutionising the way consumers navigate their financial journeys. Gone are the days of one-size-fits-all approaches, as the abundance…
City Building Approvals Increase, value Decreases
By: Staff writer The value of building plans approved by the City of Windhoek between April and May this year decreased by 30.4%, analysis from IJG Namibia has shown. While there was a 25.2% increase in the total amount of…
Why Is Namibia Not Meeting Its Energy Demands?
By:Staff writer Onesmus Nana. Hangula Namibia has a load demand of approximately 700 MW, with more than 60% of the power imported . The power is imported mainly from South Africa, Zambia, Zimbabwe, and sometimes Mozambique. Namibia has four power…
New Namibia Agronomic Board Inaugurated
By: Staff Writer Agriculture Water Land and Reform Minister, Carl Schlettwein, inaugurated the new Namibian Agronomic Board on Thursday. Chief Executive of Bokomo Namibia, Hubertus Hamm, has been named chairperson, with former chair Michael Iyambo outgoing. Marina Muller (retained),…
RFA In Toll Roads U-turn
By:Staff writer The Road Fund Administration (RFA) has iced its plans for a nation-wide toll road system, the parastatal announced on Tuesday. The TFA previously said it conducted a feasibility study in which it had found that 21 roads could…
Mines Ministry Loses Xinfeng Case
By:Staff writer Minister of Mines and Energy Tom Alweendo did not have the power to cancel a Chinese lithium miner’s licence and should have approached the courts to revoke it, a judge ruled on Tuesday. Lithium miner Xinfeng took Mines…
Meatco increases revenue by 15%
By:Staff writer Meatco increased its revenue by 15% (from N$752 million to N$865 million) and a gross profit by 950% (from -N$ 2.8 million to $ 24 million), the country’s meat sector regulator has announced. This is according to the…
Namibia’s Honorary ConsulUrges Ugandans To Invest In Namibia
By Staff Writer : The Honorary Consul of Namibia to Uganda, Ambassador Godfrey Kirumira, has urged that country’s local investors to expand their investments to Namibia after the creation of an enabling economic environment. Ambassador Kirumira made the remarks while…