Category: National
Repo Rate To Remain at 7.75% Economists Predict
By: Justicia Shipena Economists anticipate the Bank of Namibia’s Monetary Policy Committee (MPC) to maintain the repo rate at 7.75% due to the substantial rate difference compared to South Africa. Robert McGregor, an economist at Cirrus Capital said…
Agriculture Sounds Alarm Again on Its Inadequate Budget …Funding Agriculture: A Case of Mere Rhetoric?
By: Nghiinomenwa-vali Erastus Despite the flurry of statements from political leaders in key government offices and parliament emphasising the importance of agriculture, the sector still continues to be hugely neglected in the national budget. This year, the Ministry of…
Paratus Group Completes Fastest Fiber Route Linking Johannesburg to Europe
By: Dolly Menas Paratus Group has announced the completion of the fastest fibre express route from Johannesburg to Europe, marking a significant step forward in bolstering connectivity between Africa and Europe. Spanning 1,890 kilometres and linking Johannesburg, Botswana,…
Cooling Innovations: Engines of Job Creation and Economic Prosperity
By: Justicia Shipena Minister of Industrialisation and Trade, Lucia Iipumbu, says the cooling sector has the potential to drive innovation, create jobs, and foster economic growth. Iipumbu who spoke during the stakeholder consultations on the draft Special Economic…
New Sectors Needed to Change Omaheke’s Fortunes, Argues Nganate
By: Dwight Links Omaheke Governor Pijoo Nganate has emphasised the need to diversify the region’s economic activities to foster growth, especially in the face of another looming drought. Traditionally known for its agricultural activity, often referred to as…
Suncity Residents Receive Water from Good Samaritan
By: Annakleta Haikera A well-known resident in Rundu, Gabriel Hakusembe, on Monday generously donated four containers totaling 10,000 litres of water to the residents of Suncity, who have been enduring water scarcity for several months. Hakusembe announced that…
Schlettwein Urged To Settle !Khomanin Community Land Issues …as displaced generational workers roam Khomas corridors
By: Juliana Ikela Khomas Regional Governor, Laura Mcleod-Katjirua, has made a fervent appeal to the Ministry of Agriculture, Water, and Land Reform to address the land issues affecting the !Khomanin community. The governor made this call during the…
Mello Bakery, Rising with Rosamunde
By: Tiffany Miller In the heart of industrial Windhoek, Mello Bakery hums with activity. The 24-hour operation, which produces thousands of loaves of bread every day, has recently become the place of work for young Rosamunde, a participant in…
Zambia Cuts 60MW Power Export to Namibia
By: Nghiinomenwa-vali Erastus Namibia’s electricity import from Zambia has been reduced by 60MW, dropping from 180MW to 120MW, following Zambia’s announcement of power cuts and export limits due to drought conditions affecting its hydropower generation. Zambia, traditionally the largest…
Namibia’s Trade Links with Mercosur Countries at 2% after Eight Years
By: Justicia Shipena Namibia’s trade with Mercosur, the Southern Common Market, currently stands at just two percent. Mercosur, is a South American trading alliance comprising Argentina, Brazil, Paraguay, and Uruguay, which aims to promote free trade and facilitate…