Category: Business
Repo Rate Increases Help Capricorn Rise To Pre-Pandemic Pofits
By:Staff writer Capricorn Group’s profit after tax has increased by 28.7% to N$1.47 billion for the year ended 30 June 2023 , the Group has announced. According to the Group Chief Executive Officer, Thinus Prinsloo, this is due to improved…
Construction Contracting In Windhoek and Swakopmund
By:Staff writer The construction sector is contracting in Windhoek and Swakopmund after approvals fell by 8.0% month on month (m/m) in August. This is a 15.7% year-on-year (y/y) decrease from August 2022. For the year so far, there has been…
Vocational Trainees Assembling Agri Tractor Components …Eenhana VTC trainees to lead assembling
By:Nghiinomenwa-vali Erastus Under the Namibia Agricultural Mechanisation and Seed Improvement Project (NAMSIP), 350 tractors’ components are being procured at the cost of N$300 millionto assemble tractors locally. This was announced by the Minister of Agriculture, Water and Land Reform Deputy…
Limited Education’s Impact On Namibian Job Market
By:Lavinia Shawapala Many rural Namibians do not have access to education or training, making it difficult for them to get formal jobs or establish formal businesses. United Nations Resident Coordinator Hopolang Phororo said this during a multi-stakeholder workshop titled,”Setting the…
Nam Needs 300 Network Towers In Five Years
By:Nghiinomenwa-vali Erastus The country’s telecommunication infrastructure company PowerCom has indicated that the country needs about 300 network towers in the next three to five years, with 30 new required in Windhoek alone. PowerCom revealed this during the inauguration of a…
1,200 Learners In Informal Settlements Get Solar Lamps
By: Nghiinomenwa-vali Erastus The Capricorn Foundation has donated 1,200 portable solar lamps to 10 schools in informal settlements in various regions of the country. With the country’s electrification still below 50% and worse in rural areas, having access to electricity…
City Working On Proposal To Write Off Pensioner Debt And Interest …the Local Authority Act is the barrier
By:Nghiinomenwa-vali Erastus and Lavinia Shawapala The City of Windhoek is currently working on a proposal to write off debts of pensioners and interest for all residents. The City is, however, busy with audits in line with its approval processes, which…
CoW Considers A Mini-Grid For Mix Settlement
By:Nghiinomenwa-vali Erastus The City of Windhoek has announced that it is working with the Berlin Energy Agency (BEA) on a feasibility study to develop a solar photovoltaic (PV) mini-grid for the Mix Informal SettlementArea (MISA). The MISA is located about…
IDs Usage Between Nam And Bots Picking Up
By:Nghiinomenw-vali Erastus Around 6,500 people who travelled from Namibia to Botswana used their national identity cards (IDs) to cross over, and around the same number of people who crossed over from Botswana also used it as the new cross-border document….
All Click Sounds In Names To Be Unicoded
By:Nghiinomenwa-vali Erastus The Ministry of Home Affairs, Immigration, Safety and Securitylast week indicated that it will work with the University of Namibia to identify all the undocumented clicks and special characters in languages used in the country. After identification, the…