Category: Top Stories
Mbumba: Welwitschia Fund Money Reserved for Future Generations
By: Justicia Shipena President NangoloMbumba has emphasised that the funds injected into the Welwitschia Sovereign Wealth Fund are earmarked for future use, safeguarding wealth for generations to come. Mbumba said utilising the money now would jeopardise the future wealth…
Success of Local Content Policy Hinges on Namibian Entrepreneurs, Says Alweendo
By: Justicia Shipena Mines and Energy Minister Tom Alweendo stresses that Namibia’s oil and gas local content policies face a high chance of failure without locally minded, creative, and motivated entrepreneurs who are willing to invest in acquiring…
Namport Records N$1,5 Billion in Revenue for 2023
By: Justicia Shipena The Namibian Ports Authority (Namport) has recorded a 22% increase in revenue for the fiscal year 2023, soaring to N$1.503 billion compared to N$1.234 billion in 2022, surpassing its target of N$1.268 billion. The authority’s…
Protection of Commonage in Communal Resources Essential … land boards gain land-allocation authority
By: Nghiinomenwa-vali Erastus The newly inaugurated 13 Communal Land Boards will wield ultimate power over communal land allocation, but they have been cautioned to prioritise the preservation of commonage in resource utilisation within communal areas. This reminder comes…
No Contributions Yet for Namibia’s N$112.3 Billion Climate Change Financing
By: Hertha Ekandjo The Ministry of Environment, Forestry, and Tourism has said Namibia urgently needs approximately N$112.3 billion by 2030 to execute a 91% reduction in greenhouse gas emissions. Of this substantial sum, N$65.2 billion is earmarked for…
Govt Allocates 40 Hectares for Sunflower Oil Seeds Production
By: Nghiinomenwa-vali Erastus The government has allocated approximately 40 hectares for sunflower production, specifically at the Shadikongoro and Sikondo Green Scheme Irrigation Project, aimed at cultivating sunflower seeds for cooking oil. According to updates from the Ministry of…
Shifeta Pleased WithRetailers Overcharging For Plastic Bags
By: Justicia Shipena Environment Minister Pohamba Shifeta says retailers charging above the mandated price for plastic bags can positively impact sustainability efforts. According to Shifeta, this practice serves as a positive influence by discouraging individuals from disposing of…
Namibia’s Imports Surge by N$3 Billion
By: Hertha Ekandjo Namibia’s imports surged by N$3 billion, widening the country’s trade deficit by N$1 billion between December 2023 and January 2024, according to the Namibia Statistics Agency (NSA). The trade gap expanded after Namibia exported goods…
Russian Owned Company Accused of Drilling Irregularities
By: Justicia Shipena Russian-linked mining company, Headspring Investments has been accused of contravening drilling regulations that required the company to properly seal and grout numerous boreholes it drilled since 2012. Headspring Investments is a subsidiary of Uranium One…
Surviving the Harsh Desert Environment – Meet Utuseb’s Townfolk
By: Dwight Links Located 54 km outside of Namibia’s coastal town Walvis Bay, lies the small settlement of Utuseb. Here, the community is nestled along the Kuiseb River on one side, while the opposite river bank is bordered…