Category: Business
Agriculture supports Stampriet Transboundary Aquifer System
By: Rodney Pienaar The agriculture ministry with support from the United Nations Educational Scientific and Cultural Organisation, is conducting the Stampriet transboundary aquifer system project shared between Botswana, Namibia and South Africa. This is within the framework of governance of…
A tough Brexit to hurt Namibian beef exports
By: Kelvin Chiringa Industry experts have warned that in terms of trade agreements, marketing to the United Kingdom is in jeopardy if a tough Brexit realizes with no trade agreements in place. This was expressed at a recently held meeting…
NamPort records revenue of over N$1 billion
By: Rodney Pienaar Namibia Ports Authority has recorded a total revenue of N$ 1 034 000 000 in the 2017/18 financial year compared to N$891 million that was recorded in the previous financial year, the company’s annual report that was tabled by…
Letshego reaches 52 000 borrowers
By: Rodney Pienaar Microfinance company, Letshego Namibia has now reached over 52 000 borrowers and 116 depositors through its strategic programs which kicked off in 2017. Letshego’s consumer lending through a deduction at source model remains the bank’s core business and…
Central bank upbeat about economic double-rating
By: Kelvin Chiringa Despite a prolonged economic dry-spell, the central bank of Namibia is not worried about getting a negative rating ahead of a Fitch and Moody’s assessment set for April this year. Already, on the 14th of January 2019,…
Prepare for positive but poor economic growth- BoN
By: Kelvin Chiringa The Bank of Namibia has predicted that 2019 will bring a positive growth than what has been experienced before in the last three years although it will be poor. Politicians have been quick to blame the current…
Local dairy producers lament rising costs
By: Kelvin Chiringa Namibia’s dairy producers have raised serious concerns about rising costs at a recently held Dairy Producers’ Association (DPA) Management meeting where the dairy production cost index was submitted. The index has clearly shown that the total cost…
Deliberately shift policy in procurement- NCCI
By: Kelvin Chiringa Namibia Chamber of Commerce and Industry’s branch chairman, Martin Kaali Shipanga, has said that in order to bring about the needed turn around for local business, there is a need for a deliberate shift in the procurement…