Category: Business
CAN Water Supply Systems Drop By 23.1 %
Hertha Ekandjo The water levels of the three major water dams that supply the central area of Namibia (CAN) with water have dropped by 23.1%. The levels of the Omatako, Von Bach and Swakoppoort dams, all combined, are currently at…
Costly Animal Feed Limiting Large Feedlot Investment
By:Nghiinomenwa-vali Erastus Large Scale Feedlot setup is failing to attract capital investment in Namibia due to the high cost of imported animal feed from South Africa, according to the Meat Board of Namibia in their April Livestock Marketing analysis. The…
Individual Wealth A Better Measure Than GDP
By:Nghiinomenwa-vali Erastus The Africa Wealth Report(AWR) 2023 has indicated that private wealth is a far better measure of the financial health of an economy than Gross Domestic Product (GDP). According to the report, in many developing countries, a large portion…
High Local Prices Drive Us To South Africa, Horticulture Entrepreneur Says
By:Loise Shiimi Magano Rainhold is a young graduate from Oshakati. When she graduated in 2017 in telecommunications engineering at Triumphant College she thought life would be easier. She, however, struggled to find a job. Very soon enough, she came to…
N$5.3bInvested In Renewable Energy Generation
By:Nghiinomenwa-vali Erastus From 2014, local and foreign investors have poured in N$5,3 billion to generate electricity from alternative/renewable sources in the country, the Electricity Control Board’s (ECB) Chief Executive Officer, Robert Kahimise, said. The N$5,3 billion includes investment by the…
Radio Is The Preferred Medium For Receiving News
By:Nghiinomenwa-vali Erastus In a survey conducted last year, Vision Africa Research Services has highlighted that 40,7%people depend more on radios for their news and other information. The Internet was the second source at 23,6%, followed by TV. Newspapers are the…
SMEs To Get Option To Exchange Shares For Capital Soon
By:Nghiinomenwa-vali Erastus As part of the national Small to Medium Enterprises (SMEs) Financing Strategy, the country will soon launch its own Venture Capital Fund, that will be exchanging capital for equity in high-growth SMEs. The Development Bank of Namibia (DBN)…
Fueling The Recovery: Oil And Gas SMEs Find Support In Namibia’s Loan Scheme
By:Justicia Shipena In Namibia, the Small and Medium-sized Enterprises (SMEs) Economic Recovery Loan Scheme has extended its support to an array of industries, including the crucial oil and gas sector. Acknowledging the significance of this sector in the country’s economy,…
Nam Advised to Formulate Mining in Wildlife-Concentrated Areas
By:Nghiinomenwa-vali Erastus The recent three-day National Conference on Human Wildlife Conflict Management has recommended that rural communities take ownership of conservancies and reduce control by non-members. This is included in the summary of the resolutions that were made during the…
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…