Category: Business
Nam Sources Pork Meat From EU Markets
By: Nghiinomenwa-vali Erastus The Meat Board of Namibia said for the first three months of 2023, 68.5% of Namibia pork need was serviced by imports, inclusive of offal and processed products. Tthree-month assessment has revealed, showing the agri opportunities the…
O&L Gets Permit To Construct N$350 Million Solar Park In Germany
By: Staff writer O&L Nexentury GmbH, a subsidiary of the Ohlthaver & List Group, has been granted the advanced water management permit (“gehobene wasserrechtliche Erlaubnis” in German) for the construction and operation of a floating solar photovoltaic park. The…
NamibiaExports 30,436 Heads Of Live Cattle To SA, Says Meatco Report …almost all of the live export are weaners
By:Nghiinomenwa-vali Erastus Up to 30,635 heads of cattle left the country during the first three months of 2023 relative to 28,972 heads exported during the same period in 2022, according to the Livestock & Meat Industry Q1 Review released by…
Mathematics Is The Queen Of Science, Says Education Executive
By:Nghiinomenwa vali Erastus “The knowledge of numbers and their basic operation is essential to survive in today’s world,” said Edda Bohn, deputy Director in the Ministry of Education, Arts and Culture. Bohn was speaking at the recent Bank Windhoek’s Capricorn…
Labour Minister Call For Better Contracts To Mitigate Mine Closures
By:Nghiinomenwa-vali Erastus The Minister of Labour, Industrial Relations and Employment Creation has called on the mining industry to come up with contracts that can lessen the impact of mine closures given the volatility of mineral commodities. Utoni Nujoma said…
WHO Commits N$ 51.1 Million To The Health Ministry For EPR Programme
By:Hertha Ekandjo The World Health Organisation (WHO) has committed N$51.1 million to the Ministry of Health and Social Services to help grow the newly initiated Emergency Preparedness and Response (EPR) flagship programme. The WHO and the Ministry of Health and…
!Gawaxab Calls On An Energy Transition Timeline That Boosts Investor Confidence
By:Justicia Shipena The Governor of the Bank of Namibia (BoN) Johannes !Gawaxab has urged government to develop an energy transition timeline that will boost investor confidence in the country. This follows Mines and Energy Minister Tom Alweendo’s statements on the…
Namcor Makes N$114 Million After-Tax Profit
By:Justicia Shipena The National Petroleum Corporation of Namibia (Namcor) made an after-tax profit of N$114 million in fiscal year 2021/2022, according to itsjust released annual report. “Namcor made an after-tax profit of N$114 million for the period under review, compared…
Outlook Either Too Bleak Or Nam Projects Too Risky
By:Nghiinomenwa-vali Erastus December 2020 to date, real private sector credit extension has been negative, indicating that less credit has been extended to the private sector, saysstockbroker and wealth management company, Simonis Storm. The last time annual real private sector credit…
MTC invested N$1,8 million On Its Employees’ Side Hustle
By:Nghiinomenwa-vali Erastus In its quest to promote entrepreneurship, Mobile Telecommunication Company (MTC) has started providing seed capital to its own employees to support their side hustles. MTC said it has channelled N$1,8 million in financial support to its employees to…