Category: National
Construction Surge in August: Highest Property Additions in Windhoek Since 2022
By: Abigail Nalisa August 2024 saw a significant increase in building plans approved by the City of Windhoek, with 201 plans cleared, up from 163 in July. This surge, highlighted in a recent IJG Namibia report, marks the…
Drought Takes Heavy Toll on Southern Namibia’s Tourism
By: Hileni Inane The ongoing drought has severely impacted tourism activities in southern Namibia, driving tourists to seek leisure elsewhere. Last month, Simonis Storm Securities reported that the southern regions had the lowest occupancy rates in the country…
Low Apple Yields Linked to Poor Agro Practices and Limited Resources
By: Loise Shiimi Namibia’s apple production has been lagging, forcing the country to rely on imports to meet local demand. In July 2024 alone, Namibia imported fresh apples worth N$10.1 million, while exporting only N$300,000 worth. Farmers believe…
NIPDB Claims Billions in FDI Would Be Zero Without Its Role
By: Justicia Shipena The Namibia Investment Promotion and Development Board (NIPDB) claims that Foreign Direct Investment (FDI) over the last three years would have been nonexistent without its intervention. “For the past three years, FDI has reached billions,…
Food Security and Affordability Worsen in Namibia … First Capital warns of tough times ahead
By: Justicia Shipena Namibians are likely to face tough times ahead unless the government takes action to address growing concerns over food security and affordability, financial research firm First Capital has warned. According to First Capital’s latest Food…
Agra Enrols 2nd Cohort of Trainees into its Academy
By: Erikka Koukulunhu Agra has enrolled 11 employees into its Agricultural Academy as part of the second cohort of apprentices. This initiative is part of the company’s effort to empower its workforce with the knowledge and skills needed…
Japanese Vehicles Continue to Dominate Namibian Market
By: Abigail Nalisa Japanese vehicles maintained their dominance in the Namibian automotive market in August, with 671 units sold, capturing 67.4% of total sales. Economists, Almandro Jansen and Halleluya Ndimulunde, from Simonis Storm securities attributed this dominance to the…
Etango Uranium Output Can Power 8 Large Nuclear Reactors
By: Nghiinomnwa-vali Erastus Etango Uranium, a uranium mine under construction in the Erongo Region with the capacity to produce an annual output of 3.5 million pounds (Mlbs) of uranium oxide (U3O8) has the potential to power 7 to…
WHO Announces First Prequalified Vaccine for Mpox
By: Justicia Shipena The World Health Organisation (WHO) has announced the first-ever prequalification of a vaccine for Mpox, marking a significant milestone in the fight against the viral disease, which has been a growing global health concern. Prequalification…
Walvis Bay and Red Force Reconcile, Reinstate Contract
By: Hertha Ekandjo The Municipality of Walvis Bay has resolved its legal dispute with debt collection agency Red Force, reaching an agreement last week to reinstate the company’s contract. This decision follows the Walvis Bay Municipal…