Category: National
Credit BorrowingIn Namibia: A 55% Family Stake
By:Justicia Shipena Credit extended during the month of July to the private sector currently stands at N$119.2 billion, with 55% owned by families, 38% by businesses, and 6% held by foreigners, the Simonis Storm’s Securities’ latest report stated. This comes…
Finland Scouting Finnish Companies For Namibia’s Green Hydrogen …As Namibia’s administrative challenges highlighted by European corporations
Justicia Shipena Finland says it is busy searching for Finnish companies to collaborate on its Green Hydrogen initiatives in Namibia. During an interview with Eagle FM during the Mining Expo and Conference, the Finnish Ambassador for Trade and DevelopmentMinistry for…
Does Anyone Know What Is Economically Happening in Oshakati
By:Kandjengo kaMkwaanyoka Before I go further, I want to confess that I am from Oshakati, Okandjengedi pokeefe yatate Jesaya. I just want to pick a fight with the leadership in charge of my place of birth, the youth and economic…
Otjipupa Investment Group Donates Mattresses to Okorosave and Orumana Hostels
By:Uakutura Kambaekua Otjipupa Investment Group, through the Vita Royal House and the Otjikako Traditional Authority, has donated 100 mattresses to Okorosave Primary School and Otjerunda Combined School on Wednesday. This was part of its commitment to social development in the…
Namibia’s Crop Harvest Dips By 9% In 2022/23 …as most homes drained of food reserves
By:Justicia Shipena The Vulnerability Assessment and Analysis (VAA) report shows that Namibia has harvested 9% less during the 2022/23 cropping season. On Wednesday, the office of the Prime Minister officially released the Integrated Phase Classification (IC) report on the findings…
Calls Raised For Social Protection For Artists, Cultural Professionals
By:Eva-Rakel Johannes The social protection for artists &cultural professionals’ in Namibia has been the focal point of public discussion at the National Art Gallery of Namibia (NAGN) in Windhoek on Tuesday. The Ministry of Education, Arts and Culture (MoEAC) and…
President Geingob To Deliver Opening Keynote Address At African Energy Week 2023
By:Staff writer President Hage Geingob is set to deliver an opening keynote at African Energy Week 2023, providing insight into Namibia’s energy transformation and the role the country plays in advancing regional energy security, the African Energy Chamber (AEC) has…
Capricorn Foundation Re-Commits To Support Rural Artisans
By: Nghiinomenwa-vali Erastus Capricorn Foundation has pledged N$240,000 for logistical assistance in the production and selling of handicrafts, training and food support. In a statement, the Foundation has affirmed its commitment to empower rural artisans to develop and market some…
Three Bedroom Houses Rent On 20-Year Rise
By: Justicia Shipena Rent in houses with more than three bedrooms have risen the most in the last 20 years, according to economists at Simonis Storm Securities (SSS). A SSS study on Namibia’s property and housing market for August 2023,…
11 Years To Construct 2.4 Km Stretches Of Road In Omuthiya at the cost of N$8 million
By: Hertha Ekandjo It took the Omuthiya Town Council 11 years to construct two tarred roads of a total distance of 2.4 kilometres, at the total cost of approximately N$8 million. This was stated by the town’s mayor Johannes Ndeutapo…