Category: News
Lack of Jobs Moves Khorixas Residents Out … Councillor wants more from residents
By: Daniel Ndumba Khorixas constituency Regional Councillor Sebastian !Gobs says a lack of big projects in the town to create employment for residents has led to some moving out pf the area. According to financial services company, First Capital Namibia,…
The Beef Sector Shows Signs of A Weakening Beef Trade Picture
…live animal export to South Africa remains strong despite some reductions Nghiinomenwa-vali Erastus For the months of January and February, the country has only slaughtered 10,753 heads of cattle for export and for domestic consumption, compared to the 15,836 heads…
Windhoek, The Stingiest With Housing Land – Report
By: Nghinnomenwa-vali Erastus In its just released 2022 annual report, the Shack Dwellers Federation of Namibia (SDFN) said securing land for low-income earners is the most difficult thing in Windhoek. “Windhoek remains the greatest challenge for Shack Dwellers Federation of…
Central Bank Agreements Could Allow Namibia To Buy Oil In Its Currency
By: Justicia Shipena If Namibia signs agreements with central banks of oil producing countries, it can make it possible for the country to purchase oil in its local currency, saod Abednego Ekandjo, the Petroleum Economist in the Mines and Energy…
TechnovationSocial – Accelerating Growth And Innovation In Namibia’s Cultural And Creative Industry
By:Staff writer The second edition of the TechnovationSocial, organised by the Namibia Investment Promotion and Development Board (NIPDB), took place in Windhoek on Friday The TechnovationSocial is an intervention aimed to drive the transformation of Namibia’s cultural and creative industry….
Kunene Governor Dumbfounded By Tribal Chiefs Recognition Applications … 75 new applications submitted
By:Uakutura Kambaekua Kunene Governor Maruis Sheya says his office received 75 new applications from those claiming to be tribal chiefs and seeking recognition as traditional leaders. Various traditional authorities in the region are busy with internal squabbles and unending litigations…
MIT To Train 1400 Micro, Small and Medium Enterprises
By:Laban Rasalus The Ministry of Industrialisation and Trade will be providing training to about 1400 micro, small and medium enterprises. Minister Lucia Iipumbu said this year’s training starts in April and the Ministry will be working closely with Empretec Namibia….
Fishing Sector Sees Export Increase
By:Staff writer The value of Namibia’s fish exports increased by 14.9% y/y in January 2023, compared to 21.5% y/y in December 2022. In November last year, the Minister of Fisheries and Marine Resources Derek Klazen said the fishing sector contributed…
Effects Of Covid-19 Pandemic-Triggered Lockdown Still Haunts Telecom Namibia
By:Staff writer Despite having been one of the companies enabling connectivity throughout lockdown, Telecom Namibia is still reeling from the effects of the pandemic and the resulting “slow turnaround in the supply chain”. This was revealed by the company’s Chief…
Namibia’s Bank System Remains Resilient Amidst Closure Of Banks In The USA – BoN
By:Justicia Shipena The Bank of Namibia (BoN) says Namibia’s banking system remains resilient and sound. This assurance comes after a second US regional bank Signature Bank shut down. A third First Republic Bank has been propped up, while the first…