Category: Business
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…
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…