Category: National
Trade Volumes Between Namibia and Indonesia Increase by 26.19% in 2023
By: Hertha Ekandjo Trade between Namibia and Indonesia has been steadily rising since 2019. Notably, the total trade volume between the two countries reached N$192.7 million (USD 10.6 million) in 2023, marking a significant 26.19% increase from the previous…
10,273 Job Seekers Placed Out of 200,000 Hopefuls
By: Staff Writer Out of the 200,000 job seekers registered on the Namibia Integrated Employment Information System (NIEIS) since its inception in 2011, only 10,273 have been placed in jobs nationwide. This information was revealed by the Ministry of…
Relocations from Peter Nanyemba Road Irks Small Businesses
By: Loise Shiimi The construction of Eneas Peter Nanyemba Road, previously known as Monte Christo Road in Windhoek, has disrupted the operations of small businesses at Havana 3 Way and 4 Way. The ongoing relocation plan is also expected…
More Constituencies Proposed for Kavango West to Boost Development
By: Annakleta Haikera Officials from the Kavango West region have proposed that the region should be carved up into 12 constituencies citing the overpopulation of some areas as one of the factors hindering development. At a meeting held…
April Sees Highest Occupancy Rates for 2024
By: Staff writer All regions in Namibia experienced an increase in occupancy rates in April 2024 compared to both the previous month and the same period last year. Occupancy rates stood at 58.1% nationwide in April, up from…
Bank Windhoek Assists 137 SMEs in N$200 Million Loan Scheme
By: Dolly Menas Bank Windhoek has announced the full utilisation of the N$200 million allocated under the Small and Medium-sized Enterprises (SME) Economic Recovery Loan Scheme. Bianca Janse Van Vuuren, the bank’s head of small and medium-sized enterprises…
Jagger Urges Kavango East Inhabitants to Participate in the Economy
By: Annakleta Haikera Deputy Minister of Gender Equality, Poverty Eradication, and Child Welfare Bernadette Jagger has called on residents of Kavango East to contribute to regional objectives and engage in various economic sectors. Jagger made this appeal on…
N$451 Million Pharmaceutical Tender Beyond Reproach – Procurement Board
By: Nghiinomenwa-vali Erastus The Central Procurement Board of Namibia (CPBN) says its decision to award a pharmaceutical tender to a company allegedly linked to Bank of Namibia’s Governor Johannes !Gawaxab was conducted in accordance with the law. About a…
450 Ndama East Learners Still Being Taught Under Trees
By: Annakleta Haikera Rundu Urban Constituency Councilor Victoria Kauma has urged the government to build permanent structures for the over 450 learners of Ndama East, who are still being taught under trees. Kauma made this plea during the…
Climate Change Poses a Significant Financial Risk
Nghiinomenwa-vali Eastus The heightened frequency and severity of extreme weather events, coupled with rising average temperatures, have the potential to reduce the value of certain assets and income sources for borrowers. The Bank of Namibia highlighted this risk in…