Category: Business
Private Sector Offers N$3.1 Billion for Government Debts
By: Nghiinomenwa-vali Erastus Over the past week, the private sector has submitted several bids totaling N$3.1 billion to lend money to the government through bonds and Treasury Bills (TB). This information is based on the auction results for 14…
AgriBusDev Staff Cry Foul Over Unresolved Job Placements
By: Hertha Ekandjo Employees of the Agricultural Business Development Agency (AgriBusDev) have raised concerns regarding the uncertainty surrounding their placement into the Ministry of Agriculture, Water, and Land Reform. This follows the Cabinet’s 2022 decision to terminate AgriBusDev’s role…
O&L to Fill Pick n’ Pay Gap with Namibian Brand
By: Staff Writer The Ohlthaver & List (O&L) Group is set to re-enter the retail market with a fully-owned Namibian brand, following its announcement to terminate its franchise agreement with Pick n’ Pay. Sven Thieme, Executive Chairman of O&L…
Horticulture Production Increases in Kavango West
By: Annakleta Haikera Horticulture production in the Kavango West region has seen significant growth, with the number of gardens increasing to 50 as of 2023. This is according to Governor Sirkka Ausiku who announced that horticulture producers have…
South African Franchise Expands to Namibia
By: Staff writer South African copy and print, courier, and digital services franchise PostNet has expanded into Namibia, targeting an investment of around N$5.5 million for six stores across the regions. The company aims to open stores in Windhoek,…
Zambezi Bream Becoming a Scarce Commodity
By: Frans Siengela Residents of the Zambezi region have expressed concerns about the scarcity of bream, the region’s staple dish, as the river dries up. The scarcity of the Zambezi bream is also attributed to overfishing. The Zambezi bream…
Transport Records Highest Inflation Rise Despite Unchanged Fuel Prices
By: Staff Writer Transport costs experienced the sharpest annual inflation increase, rising from -0.1% year-on-year (y/y) in June 2023 to 8.3% y/y in June 2024, according to the Namibia Statistics Agency (NSA). This surge reflects higher expenses associated with…
NAMCOR Assesses Caltex’s Return to Namibian Market
By: Hertha Ekandjo The National Petroleum Corporation of Namibia (NAMCOR) has acknowledged the return of Caltex to the Namibian market and is currently conducting assessments to understand the particulars of this transition. NAMCOR informed The Villager that Caltex…
Big Corporations Stifle New Market Entrants
By: Nghiinomenwa-vali Erastus Investigations conducted by the Namibia Competition Commission (NCC) in three separate sectors have revealed that new entrants in the economy are being kept out or driven out of the market by existing companies in an anti-competitive…
Caltex Return To Heighten Fuel Market Competition
By: Nghiinomenwa-vali Erastus The fuel retailing and distribution sector in Namibia is poised for increased competition with the return of the Caltex Retailing Brand under Chevron Corporation. Chevron announced on Tuesday its re-entry into the Namibian Orange Basin after…