Category: Top Stories
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…
Increased Transaction Fees and Loan Book Expansion Drive Capricorn Group’s Profits
By: Staff Writer Capricorn Group, the parent company of Bank Windhoek, has reported a substantial increase in profits after tax, amounting to N$827.6 million for the period between July 1st and December 31st last year. This marks an 18.5%…
Schlettwein Reacts to “Disappointing” Agriculture Budget Allocation
By: Justicia Shipena Agriculture Minister Calle Schlettwein has expressed concern that the already struggling green schemes projects are unlikely to achieve their full production capacity due to the latest budget allocation. Schlettwein says one of the factors which have…
Govt To Pay Back N$2.3 Billion In GC24 Redemption
By: Nghiinomenwa-vali Erastus Depending on the outcomes of the lined-up switch auctions in the next six months, the government would need to repay the N$2.3 billion borrowed through the GC24 internal registered bond over the years. Data from…