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Namibia’s First Africa Hospitality Investment Forum Secures N$500,000 Sponsorship
By: Staff Writer The Africa Hospitality Investment Forum (AHIF) 2024 has secured a N$500,000 sponsorship from O&L Leisure. The event is expected to bring over 300 hospitality industry investors, business leaders, government officials, and expert advisors from across the…
We Are Economically and Ideologically Confused
By: Kandjengo kaMkwanyooka It puzzles me when Namibians challenge and scrutinise any tender allocated to fellow Namibians. I truly want to understand the ideological basis for such scrutiny: isn’t that what we want or have been yearning for? I…
Trade Volumes Between Namibia and Indonesia Increase by 26.19% in 2023
By: Hertha Ekandjo Trade between Namibia and Indonesia has been steadily rising since 2019. Notably, the total trade volume between the two countries reached N$192.7 million (USD 10.6 million) in 2023, marking a significant 26.19% increase from the previous…
10,273 Job Seekers Placed Out of 200,000 Hopefuls
By: Staff Writer Out of the 200,000 job seekers registered on the Namibia Integrated Employment Information System (NIEIS) since its inception in 2011, only 10,273 have been placed in jobs nationwide. This information was revealed by the Ministry of…
Letshego’s N$260 Million Social Bond to Focus on Housing, SMEs
By: Dolly Menas Letshego Holdings Namibia has launched its first social bond on the Namibia Stock Exchange, valued at N$260 million. This bond aims to support underserved individuals, micro and small entrepreneurs, and small business owners. Additionally, the company…
NWR Reports N$46 Million Profit and Clean Audits
By: Justicia Shipena Namibia Wildlife Resorts (NWR) has announced that it made a profit of N$46 million for the second consecutive year and has also improved its financial management systems which resulted in a clean external audit opinion….
Only 18% of White Maize Demand Can Be Met Locally
By: Nghiinomenwa-vali Erastus Projections from the Namibia Agronomic Board (NAB) indicate that local white maize production will only reach 32,394 tons for the 2023/24 harvesting year, while the country’s demand stands at 180,000 tons. This shortfall underscores the risks…
SADC Seeks N$99 Billion To Mitigate Impacts of El Niño
By: Staff Writer Angolan President and Chairperson of the Southern African Development Community (SADC), João Manuel Gonçalves Lourenço, has launched the SADC Regional Humanitarian Appeal for at least US$5.5 billion (N$99 billion) to support over 61 million people…
Relocations from Peter Nanyemba Road Irks Small Businesses
By: Loise Shiimi The construction of Eneas Peter Nanyemba Road, previously known as Monte Christo Road in Windhoek, has disrupted the operations of small businesses at Havana 3 Way and 4 Way. The ongoing relocation plan is also expected…
More Constituencies Proposed for Kavango West to Boost Development
By: Annakleta Haikera Officials from the Kavango West region have proposed that the region should be carved up into 12 constituencies citing the overpopulation of some areas as one of the factors hindering development. At a meeting held…