Category: Business
Revived Rundu Abattoir Kicks-off With a Bang
By: Nghiinomenwa-vali Erastus The recently reopened Rundu Abattoir has recorded the slaughter of 632 cattle during August and September 2023, signifying increased demand for markets by Northern Communal Farmers. The Rundu abattoir has been dormant since 2014 and since its…
Over 13 000 Tonnes of Uranium Oxide Shipped in Two Years: China the Largest Beneficiary
By: Nghiinomenwa-vali Erastus The two leading uranium producers in the country have extracted and processed 13,402 tonnes of uranium oxide over the past two years, with the majority of these exports directed to China and other uranium-enriched nations. Chinese owned,…
Namibia to Cultivate Its Own Banana Seedlings
By: Nghiinomenwa-vali Erastus The Namibian Agronomic Board has joined forces with AvaGro, a local agricultural company, to further the development of Namibia’s banana industry through research and development. NAB confirmed its partnership with AvaGro, a company specialising in climate-related agricultural…
Namibia Imported 331 Tons of Mango in 2022 … expenditure Over N$4 Million Annually
By: Nghiinomenwa-vali Erastus Namibia’s reliance on mango imports is noteworthy, with the country spending over N$4 million annually on fresh mangoes. During the 2021/22 financial year, Namibia imported 331 tons (331,000 kg) to fill the national demand which stood at…
Meatco Addresses Issues Delaying the Clearing of Beef Consignments
By: Justicia Shipena and Nghiinomenwa-vali Erastus THE Meat Corporation of Namibia (Meatco) says it has addressed challenges it encountered with clearing beef consignments to consumers, an issue which resulted in further delays in payment to producers. These challenges, Meatco aid…
Namibia still struggling to root out illegal Fishing
By: Nghiinomenwa-vali Erastus MINISTER of Fisheries and Marine Resources Derek Klazen has confirmed that incidences of illegal and unregulated fishing activities are still active in Namibia waters with the latest recorded in April this year. Illegal, unreported, and unregulated (IUU)…
Geingob Wants African States to Unite and Create an Integrated Energy Market
By: Justicia Shipena PRESIDENT Hage Geingob has urged African countries to work together more to create a unified energy market. According to Geingob, a healthy and strong energy mix is necessary to grow African economies and fulfil the needs of…
Geingob Calls On SA Businesses To Invest In Local Value Addition
By: Justicia Shipena President Hage Geingob has called on South African businesses operating in Namibia to invest in the value chain with the aim to achieve balanced and sustainable trade relations. Geingob made this call during his speech at the…
About 30% of the Rural Population Has No Access To Financial Services
By: Nghiinomenwa-vali Erastus MINISTER of Urban and Rural Development Erastus Uutoni has called on stakeholders in the financial service sector to make their services available to people in the rural areas to allow them to fully participate in the…
Renewable Energy Funding Dominates Bank Windhoek’s Sustainability Lending
By: Nghiinomenwa-vali Erastus Bank Windhoek has provided financial support for a total of 59 projects valued at N$57.6 million across Namibia from 2022 to 2023, with 54 of these projects dedicated to Renewable Energy. The remaining four projects…