Blog Page
Bond Market Update: Yield Declines in May 2024
By: Justicia Shipena Namibia’s bond market experienced a notable shift in May 2024, reversing the upward trend in fixed-rate bond yields observed in April. According to a recent report by Simonis Storm Securities, bond yields across the curve…
Telecom, MTC Attain 70%, 94% SIM Card Registration
By: Staff Writer Telecom Namibia and Mobile Telecommunications (MTC) have reached 70% and 94% SIM card registration, respectively. This information was disclosed by Minister of Information and Communication Technology, Emma Theofelus, on Tuesday. Paratus Telecommunications and UCOM have achieved…
Economic Inclusion Hinges on Access to Capital … why are there no banks in villages?
Kandjengo Mkwaanyoka We often hear terms like economic restoration, previously disadvantaged, empowerment, and inclusivity being on a daily basis as companies attempt to demonstrate economic empathy. It sounds promising, but a closer look reveals that these are just words…
The Bridging of Namibia-EU Relations
By: Dwight Links European Union ambassador to Namibia, Ana Beatriz Martins, says that Namibia and the EU have a long-standing relationship as bilateral partners since the country’s independence. The ambassador made these remarks during a public lecture recently hosted at…
Namibia’s Proximity to the Ocean Contributes 5% to GDP
By: Fransina Nghidengwa and Annakleta Haikera Namibia’s coastal proximity has enabled its citizens to benefit significantly from the fishing industry, which contributes 5% to the country’s GDP and generates N$10 billion in annual revenues. This was revealed by…
Welwitchia Health Training Centre Attains University Status
By: Hertha Ekandjo The Welwitschia Health Training Centre has officially obtained university status, marking a significant milestone in the institution’s history. This transition signals a shift towards broader horizons, encompassing not only healthcare education but also a commitment to…
Ongwediva Sports Complex Phase 1 to Cost N$5 Million
By: Loise Shiimi The Ongwediva Town Council has officially initiated the construction of its highly anticipated new sports complex, with phase one valued at N$5 million. This was revealed in a press release last week following the official…
40 Shortlisted for Old Mutual SEED Entrepreneurship Programme
By: Dolly Menas The Old Mutual Foundation has shortlisted 40 candidates for the third edition of the Old Mutual Sustainable, Economic, and Empowerment Drive (OM SEED) Entrepreneurship Programme. This initiative, in collaboration with Basecamp and the Financial Literacy…
Omufituwekuta Community Forest Receives N$700,000 UNDP Grant
By: Loise Shiimi Fifteen villages within the Omufituwekuta community forest in the Ohangwena region will benefit from the United Nations Development Program’s socio-economic improvement grant. So far, 31 community households have received over 300 small livestock as startup…
Construction of Ondangwa Sports Stadium Launched
By: Ludorf Iyambo Sports Minister Agnes Tjongarero says the envisaged Ondangwa sports stadium will be more than just a central point for sports activity as it has the potential to stimulate local businesses, create jobs, and contribute to…