Category: Business
Nam Imported N$4,4 Billion Worth Of Goods Within Africa In May
By:Nghiinomenwa-vali Erastus Namibiaimported goods worth N$4,4 billion from Africa during May 2023, out of the total N$12.1 billion the country had spent on imports. This is according to the May 2023 trade statistics issued by the Namibia Statistics Agency. Since…
Lobito Oil Refinery Will Be The Biggest In Angola And Southern Africa … with 200,000 barrels per day
By:Nghiinomenwa-vali Erastus The planned Lobito Oil Refinery, in which Angola offered Namibia equity, will be the largest in Angola, with 200,000 barrels per day expected to be refined at that coastal town. This is according to a presentation madeto a…
Billion Dollar 100MW Planned Solar To Feed The Grid And Export
By:Nghiinomenwa-vali Erastus O&L Nexentury’s planned N$1 billion solar plant will be connected to one of Nampower’s largest substations and feed in the country grid. The plant, which will be the country’s largest, will contribute to the local generation as an…
Health Commodities Remain Pricey And Exclusive … universal healthcare a pipe dream, report finds
Nghiinomenwa-vali Erastus Health commodities in Namibia are still pricey and unaffordable to ordinary citizens despite several developments in the sector and increases in the number of public and private health facilities in the country. In fact, since 2005, the increase…
Angels HostQuarterly Pitch For Startup Funding
By:Nghiinomenwa-vali Erastus The Namibia Business Angel Network (NABAN) held its quarterly pitch event, bringing together a diverse group of entrepreneurs, investors and industry experts to support and nurture the startup ecosystem in Namibia. NABAN, a group comprising individuals from various…
MTC Affirms Its Ongwediva Annual Trade Fair Sponsorship
By:Nghiinomenwa-vali Erastus Mobile Telecommunications (MTC) has assured the Ongwediva Annual Trade Fair Preparatory Committee (OATF-PC) of its commitment to continue being the main sponsor of the fair. This was done through a sponsorship amount of N$385,000, during a gala dinner…
Nkurenkuru Expo Is An Enabler For Economic Growth – Pohamba
By: Annakleta Haikera Former President Hifikepunye Pohamba said the Nkurenkuru Expo 2023 provides an opportunity to unlock investment opportunities in the town which is the administrative capital of the Kavango West region. He said this in a speech delivered on his behalf…
About 442,000 Of The 2,5 Million Namibians Are Medically Covered
By:Nghiinomenwa-vali Erastus About 82% of the country’s estimated 2,5 million population are at the mercy of the public health system as they are not medically covered. The latest medical insurance coverage shows that only 441,777 are benefiting from medical coverage…
New Law Proposed To Deal With Failing Banks, Prevent Money Laundering
By: Justicia Shipena Finance Minister Iipumbu Shiimi has tabled a bill in the National Assembly aimed at overhauling the Banking Institutions Act of 1998 in order to give more authority to the Bank of Namibia (BoN) in resolving failing banking…
Building A Stronger Future Together … as the world celebrates the contributions of MSMEs to building a better future
By:Nghiinomenwa-vali Erastus Yesterday was commemorated as a Micro, Small and Medium-sized (MSMEs) Enterprises Day. On the occasion, the Manager for MSME Ecosystem Optimisation at the Namibia Investment Promotion and Development Board, Claudia Capelao, wrote an opinion piece, stating that often…