Category: Business
Business Network Celebrates Inspiring Founders
By: Nghiinomenwa-vali Erastus The Namibia Business Angel Network (NABAN) has emphasised the need for more platforms to celebrate and support entrepreneurs in the country. NABAN hosted the second edition of its Startup Success Series on May 28, in partnership…
SMEs Battle Inflation and High Interest Rates
Dolly Menas Nedbank Namibia’s head of SME banking, Sam Ikela, has emphasised that the resurgence of the SME sector is pivotal for the Namibian economy’s recovery. Amid soaring inflation and high interest rates, small business owners in Namibia…
NAB Challenges Fruit Farmers to Meet 50% of Local Demand
By: Loise Shiimi The Namibia Agronomic Board (NAB) has set an ambitious target for the country’s fruit farmers to produce 50% of Namibia’s fruit needs within the next 20 years. Currently, the country satisfies only 4% of its fruit…
Youth Credit Scheme Gets N$10 Million Boost in 2024
By: Annakleta Haikera The government has allocated an additional N$10 million this year to the Namibia Youth Credit Scheme, aimed at helping young entrepreneurs start their own businesses. This announcement was made by Finance Minister Iipumbu Shiimi during…
Old Mutual Launches Third Edition of OM SEED to Empower Entrepreneurs
By: Dolly Menas The Old Mutual Foundation has launched the third edition of the Old Mutual Sustainable Economic and Empowerment Drive (OM SEED), investing N$800,000 to support grassroots entrepreneurs in the Ohangwena, Zambezi, Oshikoto, and Kavango West regions….
Relocations from Peter Nanyemba Road Irks Small Businesses
By: Loise Shiimi The construction of Eneas Peter Nanyemba Road, previously known as Monte Christo Road in Windhoek, has disrupted the operations of small businesses at Havana 3 Way and 4 Way. The ongoing relocation plan is also expected…
NAPWU Seals Salary and Housing Benefits Adjustment Agreement with NWR
By: Justicia Shipena The Namibia Public Workers Union (NAPWU) has signed an agreement with the Namibia Wildlife Resorts (NWR) aimed at improving the salary structure and housing allowances for employees within the bargaining unit. The agreement, effective from…
Japanese Vehicles Dominate Namibian Market
By: Hertha Ekandjo Japanese-made vehicles continue to dominate the Namibian market, as 574 units were sold last month, representing 63.8% of the market share. This is according to Simonis Storms Vehicles Sales report for April 2024. The report shows…
Omutambo Maowe Quarantine Camp To Resume Operations After 10-year Hiatus
By: Staff writer Meatco’s livestock procurement officer, Thimotheus Kativa, has said that the meat-marketing entity is in the process of resuming operations at the Omutambo Maowe quarantine camp in the Omusati region. This will begin through commodity-based trade, which will…
Budgetary Limitations: Hindrances to Clean Cooking in African Contexts
By: Justicia Shipena Namibia and many other African countries continue to struggle to achieve clean cooking methods due to insufficient financial capacity in both the public and private sectors. This is according to Agriculture Minister Calle Schlettwein who was…