Category: Business
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…
Fish Landings Decline Dominated 2022 …as Nam masbanger import shoot up
By:Nghiinomenwa-vali Erastus Fish catches that reach the Namibian shores for further processing and distributions have been declining for the whole of 2022. According to the latest Agricultural Bulletin released by the Namibia Statistics Agency (NSA) for the last quarter of…
Rural Areas Dominate In Business Establishment
By:Nghiinomenwa-vali Erastus Of all the business establishments existing in the country, 56% were found in rural areas. This is according to the Census Mapping Report done between 2019-2021 by the Namibia Statistics Agency (NSA). The findings come at the time…
Women Train On Business Ownership
By:Annakleta Haikera Fifty women entrepreneurs from all 14 regions in Namibia were trained on business skills ans knowledge this week through the Business and Intellectual Property Authority (BIPA). The initiative, according to BIPA Chief Executive Officer Vivienne Katjiuongua, is to…
Banking Institutions Act Not Clear Over BON Powers Over Banking Charges
By:Justicia Shipena The Bank of Namibia (BoN) says the Banking Institutions Act lacks a clear directive authorising the central bank to control fees and charges imposed by the banks. This was disclosed in an interview with The Villager by Kazembire…
N$8,3 billion worth of agri commodities produced in 4Q2022
By:Nghiinomenwa-vali Erastus By the last quarter of 2022, Namibia agricultural entrepreneurs (livestock and crops) have produced goods worth N$8,3 billion. Agricultura has increased by almost two billion (N$1,94 billion)compared to 2 years ago. This is according to the Namibia Agricultural…
DBN Second Recovery Scheme Welcomed
By:Justicia Shipena The Economic Association of Namibia has welcomed the launch of the Development Bank of Namibia’s (DBN) second recovery scheme. DBN stated on Monday that it would be taking part in the Bank of Namibia’s (BoN) SME Economic Recovery…
GIPF Jerked Up Pensioners Purchasing Power By 5.46%
By:Nghiinomenwa-vali Erastus Government Institutions Pension Fund (GIPF), 45,497 pensioners will receive more on their monthly annuities after the Fund jerked up the benefits this month. The increase of 5.46% comes after the 4.62% increase for 2022/2023 financial year, GIPF announced…
Minister Itah Kandjii-Murangi Urges Higher Learning Institutions To Align Teaching To New Economic Realities
By:Nghiinomenwa-vali Erastus Higher learning institutions have been directed to align their courses with the country’s economic development agenda. This is the message of the Minister Of Higher Education, Technology and Innovation, Itah Kandjii-Murangi. She called for the labour force to…