Category: National
Ministry Passes On Fuel Prices Burden …industries, Transport Sectors, and Off Grid Farmers to feel the pain
By: Nghiinomenwa-vali Erastus MOTORISTS and other consumers of petroleum products will have to pay at least N$3.1 and N$4.1 additional for petrol and diesel following the recent decision to increase fuel prices by the government. The price of petrol…
Stage Audio Works Integrates AV Conferencing System At MTC
By: Staff writer Mobile Telecommunications (MTC), working with Stage Audio Works (SAW), has its AV systems overhauled at the headquarters in Windhoek. MTC needed technology upgrades and corporate AV systems to enhance communication and collaboration in several departmental boardrooms….
Namdia Records 24.9% Increase In Carats Purchase For 2022/23
By: Hertha Ekandjo Namibia’s diamond sales and marketing entity, Namib Desert Diamonds (Namdia) concluded nine diamond sales, with its purchase entitlement increasing by 24.9% from 222,978 to 278,609 carats during the 2022/2023 financial year. This was revealed by the Namibia’s…
Investors Opt To Switch N$1.1 Billion Of GC24 Bond
By: Nghiinomenwa-vali Erastus Investors in the government bonds, specifically the GC24 bond which is maturing next year, have submitted an N$1.3 billion switch application for their investment to be moved to other long-term bonds. The switch auction was held…
Nam Egg-sellers See Sales Opportunities With Poultry Import Ban
By: Hertha Ekandjo Namibian egg-sellers say that the ban on the import of poultry products from South Africa can provide sales opportunities for every Namibian poultry farmer and poultry product sellers. The Agriculture Ministry recently announced that due to…
Horse Unit To Be Deployed To Combat Poaching In Etosha …as 289 rhinos poached in 5 years
By: Hertha Ekandjo A horse unit will be deployed at Okaukuejo in the Etosha National Park to provide extra support to the anti-poaching unit in the country’s biggest park. In the past five years, the country has recorded 289 cases…
Angel Network Invests In Local Cosmetics
By: Nghiinomenwa-vali Erastus Ilotu Cosmetics, an all-Namibian cosmetic company, that specialises in the production of essential oil based products, has received a boost from an angel investor who purchased a stake in the company, the Namibia Business Angel Network (Naban)…
Rural Areas Critical To Shaping Food Systems – Uutoni
By: Annakleta Haikera Urban and Rural Development Minister Erastus Uutoni said rural areas will remain critical in shaping the food system resilience in the country and providing basic raw materials for secondary industry. Uutoni said revitalising rural areas in Namibia…
Basil Read Employees To Down Tools Over 95 Million Unpaid Overtime
By: Hertha Ekandjo 174 Basil Read Mining company employees are planning to down their tools on 3 October and vent their frustrations over unpaid overtime wages dating between 2014-2016. According to the workers’ representative, Jonny Classen, they’ve been fighting for…
Politicians Complaining Now Passed The Procurement Act, Says CPBN
By: Hertha Ekandjo The Chairperson of the Central Procurement Board of Namibia (CPBN)Amon Ngavetenesaid it is lawmakers who passed laws that govern public sector procurement in Namibia. This is after Namibia Economic Freedom Fighters (NEFF) called for the reversal of…