Category: National
Bank Windhoek and NASRIA in N$50 Million Partnership to Boost SMEs
By: Dolly Menas Bank Windhoek and the Namibia Special Risks Insurance Association (NASRIA) Ltd have entered into a partnership agreement valued at N$50 million under the Credit Guarantee Scheme (CGS) to bolster support for SMEs. This collaborative effort…
Only 17 University Graduates Placed on the Job Market in Three Months
By: Nghiinomenwa Erastus Out of approximately 352 job seekers placed by the Labour Ministry’s Directorate of Labour Market Services between January and March this year, only 17 held university degrees, according to the ministry’s Quarter Four Report (Jan-March…
Companies Fined Over N$13 Million for Anti-Competitive Practices
By: Nghiinomenwa-vali Erastus The Namibia Competition Commission said it imposed N$13.1 million in penalties on various companies for engaging in anti-competitive behaviour between August, 2022 and December last year. Most of these penalties stemmed from collusion among insurance…
Skills Gaps in Namibia’s Extractive Sectors
By: Dwight Links The latest national survey on research and development (R&D) has unveiled a concerning shortage of skilled Namibians equipped to participate in the emerging extractive sectors and contribute value-added roles. Namibia’s updated status within research and…
Mines Ministry Overpaid Staff Placed on Wrong Salary Notches
By: Hertha Ekandjo The Ministry of Mines and Energy overpaid five of its staff members who were placed on wrong salary notches between 2016 and 2020. The overpaid amounts vary between N$46 000 and N$87 000. This was…
NBL Invests N$3 Million in Local Rugby Development
By: Nghiinomenwa-vali Erastus The Namibia Breweries Limited (NBL) has allocated N$3 million towards the development of rugby in the country, aiming to facilitate participation in local, regional, and global tournaments. This investment was announced in a recent press…
NDTC Graduates 3 Local Diamantaires
By: Nghiinomenwa-vali Erastus The Namibia Diamond Trading Company (NDTC) graduated its first cohort of local diamond cutters and polishers under its Enterprises Development Programme (EDP). The company revealed this last month during its financial year (2023) performance update….
Cleanergy Solutions to Start Green Hydrogen Production By Year’s End …as phase one of the project gets launched
By: Justicia Shipena A Belgian shipping company called Compagnie Maritime Belge (CMB.TECH), expects Namibia to start producing green hydrogen by the end of the year in Namibia. The company plans to work with the Ohlthaver & List Group (O&L)…
Namibia’s Reliance on Avocado Imports Revealed
By: Loise Shiimi Namibia’s dependence on imported avocados has been highlighted in recent data released by the Namibia Agronomic Board (NAB). According to the report, Namibia brought in 756 tons of avocados valued at N$14.5 million in the…
About N$1.4 Million to Revive Bernafay Resettlement Farm
By: Hertha Ekandjo The Ministry of Agriculture, Water and Land Reform (MAWLR) in conjunction with the United Nations World Food Programme has officially inaugurated the Bernafay Farm Integrated Food System Project. Bernafay is located approximately 35 kilometres outside of…