Category: Economic Development
SADC Unveils Diverse Projects for Regional Development
By: Dwight Links The Southern African Development Community (SADC) recently unveiled its comprehensive portfolio of development projects, outlining both ongoing initiatives and prospective projects set to enhance development across the 16-member state region. Elias Magosi, the executive secretary…
AAC Targets 5,000 Jobs Through Salmon Production
By: Dolly Menas Following the successful bid for an Offshore Commercial Phase licence for what would be Sub-Saharan Africa’s first commercial salmon farming and production facility, Norway’s African Aquaculture Company (AAC) expects to create 5,000 jobs. The company…
Businessman Encourages Private Sector to Support Communities
By: Annakleta Haikera Businessman Freddy Gariseb has called on the private sector to give back to the community, emphasising the importance of water in sustaining life. Gariseb who owns a borehole drilling business recently pledged to donate four boreholes…
Cooling Innovations: Engines of Job Creation and Economic Prosperity
By: Justicia Shipena Minister of Industrialisation and Trade, Lucia Iipumbu, says the cooling sector has the potential to drive innovation, create jobs, and foster economic growth. Iipumbu who spoke during the stakeholder consultations on the draft Special Economic…
New Sectors Needed to Change Omaheke’s Fortunes, Argues Nganate
By: Dwight Links Omaheke Governor Pijoo Nganate has emphasised the need to diversify the region’s economic activities to foster growth, especially in the face of another looming drought. Traditionally known for its agricultural activity, often referred to as…
MAWLR Upgrades Henties Bay Water Pipeline
By: Hertha Ekandjo The Ministry of Agriculture, Water, and Land Reform (MAWLR) initiated two crucial water infrastructure projects in the Erongo region last Thursday. These projects involve replacing a five-kilometre section of the Henties Bay water supply pipe and…
Namibian Economy Expected to Slow by 3.7% This Year
By: Staff Writer The Bank of Namibia projects that the economy will decelerate to 3.7% in 2024 before rebounding to 4.1% in 2025. The central bank attributes this anticipated slowdown primarily to weaker global demand and slower growth…
Oshikoto Regional Governor Office Supports Start-ups with N$100,000
By: Juliana Iikela In a bid to boost entrepreneurship and economic growth, the Office of the Oshikoto Regional Governor allocated N$100,000 during the last financial year to support start-ups and micro-businesses within the region. The allocation was to assist…
Ondangwa Town Council Supports Local Sports with Equipment Worth N$93,745
By: Loise Shiimi The Ondangwa Town Council has extended support to six local teams by providing them with football and volleyball equipment valued at N$93,745 in a bid to bolster sports development at the town. The beneficiary teams…
ABIn Bev Launches Second Phase of Okahandja Water Stewardship Project
By: Hertha Ekandjo ABIn Bev Namibia, in collaboration with the Municipality of Okahandja on Friday, commissioned phase two of the Okahandja Water Stewardship Project. The project is aimed at supporting the water-stressed communities of Okahandja with access to…