Category: National
No Permit Needed for Backyard Fish Farming
By: Hertha Ekandjo The Ministry of Fisheries and Marine Resources has clarified that no permit is required to establish small-scale fish ponds for personal consumption. This announcement aims to encourage self-sufficiency in food production among local communities. In an…
ReconAfrica Targets 3.1 Billion Barrels of Oil in Namibia’s Naingopo Well
By: Justicia Shipena Canadian oil and gas exploration company, Reconnaissance Energy Africa (ReconAfrica), is set to tap significant potential in its Naingopo well located northeast of Namibia. The anticipated yield from this exploration effort is estimated at 3.1…
Zambezi Bream Becoming a Scarce Commodity
By: Frans Siengela Residents of the Zambezi region have expressed concerns about the scarcity of bream, the region’s staple dish, as the river dries up. The scarcity of the Zambezi bream is also attributed to overfishing. The Zambezi bream…
Lithium Mine Workers Allege Unfair Dismissals Amid Safety Concerns
By: Juliana Iikela Former employees of Long Fire Investments and its joint venture company Xinfeng Investment at the Uis and Henties Bay Lithium mine claim they were fired after expressing dissatisfaction with their working conditions. Last year, the Mineworkers…
Financial Intelligence Team Up With EU To Address Greylisting
By: Hertha Ekandjo In response to Namibia’s recent placement on the Financial Action Task Force (FATF) ‘greylist’, the European Union has commenced a specialised training initiative aimed at strengthening the country’s capabilities in combating money laundering, terrorist financing, and…
Divine Health Institute Refutes Allegations by HPCNA
By: Hertha Ekandjo Divine Health Institute, a health professionals training institution located in Outapi, Omusati Region, has refuted allegations that it has enrolled students in nursing, pharmacy, and emergency care courses that have not been approved by the Health…
Transport Records Highest Inflation Rise Despite Unchanged Fuel Prices
By: Staff Writer Transport costs experienced the sharpest annual inflation increase, rising from -0.1% year-on-year (y/y) in June 2023 to 8.3% y/y in June 2024, according to the Namibia Statistics Agency (NSA). This surge reflects higher expenses associated with…
The Risks to Hydrogen Production in Namibia and Worldwide
By: Dwight Links Economist Roman Grynberg points out that since the commitments made in 2021 by major economies like the USA, Japan, and the EU to establish decarbonization strategies, hydrogen has emerged as the preferred alternative fuel source. “Green…
Big Corporations Stifle New Market Entrants
By: Nghiinomenwa-vali Erastus Investigations conducted by the Namibia Competition Commission (NCC) in three separate sectors have revealed that new entrants in the economy are being kept out or driven out of the market by existing companies in an anti-competitive…
GC24 Investors Lend Back N$287.1 Million to Government
By: Nghiinomenwa-vali Erastus A recent switch auction for the GC24 bond has led to investors opting to lend back N$287.1 million to the Namibian government, according to auction results compiled by the Bank of Namibia. The government had…