Category: National
Local Tourism Declines in Peak Season
By: Hileni Inane Domestic tourism in Namibia saw a significant drop in its share of visits to local establishments in July, decreasing from 22.5% in June to just 16.4%. This decline is particularly noteworthy as it occurred during what…
Repo Rate Cuts Offer Little Relief for the Poor – Kganyago
By: Nghiinomenwa-vali Erastus The deep interest rate cuts by monetary policy committees globally, regionally, and domestically during the pandemic did little to alleviate the burden of interest payments on lower-income households or address the issue of inequality. This is…
Namibian Delegation Reflect on Visit to Russian and Kazakh In-Situ Mines
By: Dwight Links A delegation composed of Namibians, comprising of journalists, environmental specialists, and community representatives, recently visited the Dalur mine in Russia and the Karatau mine in Kazakhstan to gain insights into in-situ mining operations. The visits aimed…
UNAM, Idaho University Partner to Curb Neonatal Mortality
By: Fransina Nghidengwa The Midwifery Department of the School of Nursing & Public Health at the University of Namibia (UNAM) has partnered with Idaho State University (ISU) in a concerted effort to reduce maternal and neonatal mortality rates in…
Runs Group Invests N$100,000 into Okamwandi Village Sports Tournament
By: Loise Shiimi The Runs group has sponsored the 11th edition of Taute Cup Annual Sports Tournament, at the tune of about N$100,000. Tuete Cup will run from 24 to 25 August 2024 at Severin Kambonde Gabriel Ashivudhi Sports…
Over 1,500 Agribank Clients to Benefit From N$116m Drought Relief
By: Nghiinomenwa-vali Erastus The Agricultural Bank of Namibia (Agribank) has announced plans to provide instalment relief totaling N$116 million to approximately 1,527 farmland and livestock account holders as part of the national drought aid program. This was confirmed by…
Local Content Policy for Petroleum Sector Gains Momentum
By: Justicia Shipena The Ministry of Mines and Energy says it is accelerating efforts to finalise the development Namibia’s local content policy aimed at enhancing local participation in the industry. The policy, called the National Upstream Petroleum Local Content…
NAB Defends Food Import Ban Citing Trade Imbalance
By: Hertha Ekandjo The Namibia Agronomic Board (NAB) says concerns by South Africa’s regarding the recent import ban on certain agronomic and horticultural products are misaligned with the principles of fair trade among Southern African Customs Union (SACU)…
New Bank Windhoek Headquarters Construction to Create Over 250 Jobs
By: Abigail Nalisa Capricorn Group has announced that the construction of its new 13-story headquarters at the corner of Independence Avenue and Kasino Street will generate over 250 local jobs. The project, situated in the heart of Windhoek’s…
Competition Watchdog Approves Sale of Osino Resources to Chinese Miners
By: Hertha Ekandjo The Namibian Competition Commission (NaCC) has granted approval for the sale of Osino Resources to Chinese mining group Shanjin (formerly known as Yintai). The C$368 million (N$4.8 billion) deal, announced in March, was contingent upon…