Category: Business
Africa Trades Away Raw Minerals, Keeps Cattle, Chickens At Home
By:Nghiinomenwa-vali Erastus According to analysis by theTrade Law Centre (Tralac), only 9% of petroleum gas, 6% of gold, and 6% of iron ores remain in Africa where they have been mined. However, almost all live cattle…
Rundu’s Premier Trade Fair Returns After Two-Year Break Due to COVID-1
By:Annakleta Haikera Works and transport minister, John Mutorwa, says Rundu is among the fastest developing and growing border towns in Namibia. He said this at the official opening of the 2022 Rundu Annual Trade Fairlast week. “The Kavango River, emanating…
Namibia’s external debt stood at a whopping N$6.3 billion in 2021/22
By Justicia Shipena Namibia’s total borrowing from external sources amounted to N$6.3 billion or 25 percent of the total funding requirement. This is according to the government’s accountability report for the financial year 2021/22. The report states that, at the…
Airlink To Own 40 Per Cent Fly Namibia Shares
By: Ndinelao Shingenge Airlink South Africa and FlyNamibia on Thursday in Windhoek signed a collaborative form to join forces between the two airlines. The joint venture between the two airlines aims to alter the ownership, organisational structure, and future operations…
Namport to commemorate World Maritime day
By: Kristof Tegako Eliander The Namibian Ports Authority will be joining the international community in celebrating World Maritime day, which is commemorated on 29 September annually. Speaking to The Villager on Tuesday, the corporate information manager at Namport, Tana Pesat,…
PORK MEAT APPETITE ON THE ROOF
By: Nghiinomenwa Erastus The latest import statistics for pork meat have highlighted the country’s increased appetite for pigs meat compared to last year, with the government going as far as Spain and Germany to meet local demand. Every month,…
LAND BOARD ON RECON AFRICA…WE KNEW THEY HAD NO LEASEHOLD PERMITS
Chairperson of the Kavango East Communal Land Board, Bernardino Mbumba, says that he was aware that Recon Africa did not have leasehold agreements when they began activities in the Kawe and Mbambi villages. The oil and gas company is…
Pick n Pay employs 74 locals in the north despite recession
By: Kelvin Chiringa Amidst a tough economic crunch that has resulted in many losing jobs and some high end retail outlets closing shop, PicknPay, a subsidiary of the Ohlthaver & List (O&L) Group, has opened its latest addition to its…
MultiChoice Namibia launches Talent Factory online portal
By: Rodney Pienaar MultiChoice Namibia has launched the MultiChoice Talent Factory online portal, which is part of an investment to improve the quality and support of local content, and storytelling across the continent, in Windhoek today. The online portal is…
N$1.2 billion for road maintenance – Schlettwein
By: Rodney Pienaar The ministry of finance has pumped N$1.2 billion into the maintenance of the national roads during the 2018/2019 financial year. This was revealed by Calle Schlettwein at the 17th Africa Road Maintenance Funds Association annual general assembly…