Category: Business
Vendors Urged to Maintain Good Hygiene: Kamati Urges Traders to Stop Sleeping On-Site
By: Mathias Hangala Windhoek Mayor Queen Omagano Kamati has called on vendors to prioritise good hygiene practices. Speaking at a City of Windhoek (CoW) consultative meeting with vendors in Okuryangava on Saturday, Kamati raised concerns over poor hygiene…
Australian Company Joins Madison in Cobra Uranium Project
By: Staff Writer Australian firm Star Minerals has teamed up with Canadian mining company Madison Metals to advance the Cobra Uranium Project near the Rossing Uranium Mine in Namibia’s Erongo region. The project is estimated to contain 15.6…
Namibia Earns N$3.8 Billion in Fish Exports for Q2
By: Staff writer Namibia generated N$3.8 billion from fish product exports during the second quarter of 2024, marking a 7.5% decline compared to N$4.1 billion recorded in the same period in 2023. According to the Namibia Statistics Agency’s…
Drought Takes Heavy Toll on Southern Namibia’s Tourism
By: Hileni Inane The ongoing drought has severely impacted tourism activities in southern Namibia, driving tourists to seek leisure elsewhere. Last month, Simonis Storm Securities reported that the southern regions had the lowest occupancy rates in the country…
NIPDB Claims Billions in FDI Would Be Zero Without Its Role
By: Justicia Shipena The Namibia Investment Promotion and Development Board (NIPDB) claims that Foreign Direct Investment (FDI) over the last three years would have been nonexistent without its intervention. “For the past three years, FDI has reached billions,…
New EU Deforestation RegulationsTo Enhance Forest Governance
By: Justicia Shipena The introduction of the European Union’s new deforestation regulations presents Namibia with an opportunity to strengthen its forest governance, according to Agriculture, Water, and Land Reform Minister Calle Schlettwein. The regulation could help advance other…
Opinion: Inclusivity Depends on Skills and Access to Capital
By: Kandjengo kaMkwaanyoka The word “inclusivity” is often used by many who want to appear caring, but few offer practical solutions on how to achieve it. We can shout and give passionate speeches, but building an inclusive…
Paratus Drives National Data Usage Growth in Second Quarter
By: Nghiinomenwa-vali Erastus Namibia’s mobile data usage reached 33.4 million GB by the end of the second quarter of 2024, marking a 2% increase from 32.9 million GB in the first quarter. This data comes from the Quarterly Statistics…
Capricorn Group Reports N$1.74 Billion Profit After Tax
By: Justicia Shipena Capricorn Group has reported a robust financial performance for the year ending 30 June 2024, with profit after tax increasing by 9.9% year-on-year, reaching N$1.74 billion, up from N$1.58 billion in 2023. The Group’s return on…
AfCFTA Offers Best Opportunity to Eliminate Trade Barriers Across Africa
By: Dwight Links Cynthia Gnassingbe-Essonam, Senior Advisor to the African Continental Free Trade Area (AfCFTA) Secretariat, believes that Africa is in the best position to harness the potential offered by the AfCFTA. “Trade is currently being hindered by various…