Category: National
Higher Learning Institutions Urged to Prioritise Potato Seed Production
By: Juliana Iikela Horticulturist Jesiah Shipingana has called on institutions of higher learning to initiate programs for producing and treating potato seeds within Namibia. He highlighted that the high cost of potatoes in stores is often due to import…
Fisheries Ministry Denies Fishing Quotas Agreement With Angola
By: Justicia Shipena The Ministry of Fisheries has clarified that no bilateral agreement exists between Namibia and Angola regarding the sale of fishing quotas. This statement was made by the Executive Director of the ministry, Annely Haiphene, in response…
Etango Uranium Project Secures N$1.05bn Financing Commitment
By: Nghiinomenwa-vali Erastus Bannerman Energy, in its quest to raise capital for the development of its flagship Etango Uranium Project in Namibia, has received a financial commitment through its ordinary shares placement on the Australian Stock Exchange. This commitment…
Namibia to Introduce Its First Specialised Environmental Court – Prosecutor General
By: Hertha Ekandjo Prosecutor General Martha Imalwa has revealed plans to establish a specialised court dedicated to tackling environmental crime in Namibia by the end of 2024. The court will be located in Otjiwarongo in the Otjozondjupa region. Imalwa…
RMB Namibia Arranges N$900 Million Entrepo Loan
By: Justicia Shipena RMB Namibia has arranged and provided a N$900 million debt funding solution for Entrepo Holdings (Pty) Ltd, an enterprise that offers loan solutions to all permanent government employees. This marks one of the largest financial deals…
Steenhuisen Appointment to Have "No Impact" on Namibia’s Agriculture Sector
By: Loise Shiimi Local horticulturists do not expect the appointment of South African opposition leader John Steenhuisen as the neighbouring country’s Agriculture Minister to have any significant impact on Namibia. The Democratic Alliance’s (DA) leader, Steenhuisen, was…
Fisheries Ministry Issues 148 Aquaculture Licences
By: Justicia Shipena The Ministry of Fisheries has issued 148 aquaculture licenses to date, aiming to facilitate the development of aquaculture through licences and permits for importing and exporting live aquatic organisms and aquaculture products. Deputy Minister of Fisheries…
No SOE Has Submitted 2023/2024 Financial Report
By: Hertha Ekandjo The Ministry of Finance has expressed growing concern as none of the public enterprises have yet submitted their financial reports for the 2023/2024 financial year. According to regulations, public enterprises are required to submit their financial…
N$1,5 Billion Earmarked for Water Projects
By: Annakleta Haikera Government has earmarked N$1,5 billion to ensure the successful implementation of all projects under the Namibia Water Sector Support Program. The program has components in all regions, Minister of Agriculture Water and Land Reform, Carl Schlettwein revealed,…
Corporate Debt Surges to N$47.0 Billion with Credit Growth at 4.7%
By: Hertha Ekandjo Namibia’s corporate debt reached N$47.0 billion in May 2024, marking a significant 4.7% year-on-year increase, the highest since October 2022’s 5.9% surge, according to the latest Simonis Storms Private Sector Credit Extension Report. The report highlighted…