Category: National
Trade Minister Calls on Private Sector to Address SME Funding Challenges
By: Dolly Menas Minister of Industrialisation and Trade Lucia Iipumbu has urged the private sector to develop funding mechanisms, especially tailored for Small and Medium Enterprises (SMEs), addressing the challenges they face in accessing finance. Responding to parliamentarian…
Namibian Economy Expected to Slow by 3.7% This Year
By: Staff Writer The Bank of Namibia projects that the economy will decelerate to 3.7% in 2024 before rebounding to 4.1% in 2025. The central bank attributes this anticipated slowdown primarily to weaker global demand and slower growth…
FNB Wins Namibia’s Best Bank Award for 2024
By: Dolly Menas First National Bank of Namibia (FNB) has earned the prestigious title of Best Bank in Namibia for the year 2024, as bestowed by Global Finance magazine. The announcement came during the 31st annual Best Banks…
NBL Transitioning Towards 100% Green Energy Brewing … targets zero landfill waste by next year
By: Justicia Shipena Namibia Breweries Limited (NBL) is embarking on a journey towards utilising 100% green energy in its brewing operations, with the aim of achieving zero waste to landfill by the upcoming year. Currently, NBL relies on 80%…
Namibia Achieves 55% Vegetable Self-Sufficiency, Reports WFP
By: Dolly Menas Namibia has achieved unprecedented levels of food self-sufficiency, marking a significant milestone in its agricultural sector, according to the UN World Food Programme (WFP). The achievement, highlighted by a 45% self-sufficiency rate, represents the culmination…
NBL Faces Water Shortage Due to Namwater and Windhoek Usage Policies
By: Hertha Ekandjo Namibia Breweries Limited (NBL) has revealed that, despite efforts to conserve water, they are only permitted to utilise 20% of it from their private aquifers due to restrictions imposed by the City of Windhoek…
Lüderitz Presents Opportunities for Economic Diversification
By: Nghiinomenwa-vali Erastus Various industries such as oil and gas, as well as green hydrogen, planned for the //Karas Region, with many centred around the Lüderitz local authority, are poised to elevate Namibia’s diversification efforts. During his visit…
Tweya Urges Namibia to Harness Uranium for Domestic Energy Production
By: Dwight Links The Chairperson of the Parliamentary Standing Committee on Natural Resources, Tjekero Tweya, has recommended that Namibia, being a significant uranium producer, capitalise on the resource beyond mere exportation. The parliamentarian emphasised the importance of understanding…
Mbumba Calls on Southern Leaders to Promote Youth Education for Emerging Sectors
By: Staff Writer President Nangolo Mbumba has called upon leaders in the southern regions to prioritise education for their youth, emphasising the importance of higher education in preparation for the burgeoning green hydrogen and oil and gas sectors set…
Oshikoto Regional Governor Office Supports Start-ups with N$100,000
By: Juliana Iikela In a bid to boost entrepreneurship and economic growth, the Office of the Oshikoto Regional Governor allocated N$100,000 during the last financial year to support start-ups and micro-businesses within the region. The allocation was to assist…