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Namibia Achieves 55% Vegetable Self-Sufficiency, Reports WFP
By: Dolly Menas Namibia has achieved unprecedented levels of food self-sufficiency, marking a significant milestone in its agricultural sector, according to the UN World Food Programme (WFP). The achievement, highlighted by a 45% self-sufficiency rate, represents the culmination…
NBL Faces Water Shortage Due to Namwater and Windhoek Usage Policies
By: Hertha Ekandjo Namibia Breweries Limited (NBL) has revealed that, despite efforts to conserve water, they are only permitted to utilise 20% of it from their private aquifers due to restrictions imposed by the City of Windhoek…
Lüderitz Presents Opportunities for Economic Diversification
By: Nghiinomenwa-vali Erastus Various industries such as oil and gas, as well as green hydrogen, planned for the //Karas Region, with many centred around the Lüderitz local authority, are poised to elevate Namibia’s diversification efforts. During his visit…
Tweya Urges Namibia to Harness Uranium for Domestic Energy Production
By: Dwight Links The Chairperson of the Parliamentary Standing Committee on Natural Resources, Tjekero Tweya, has recommended that Namibia, being a significant uranium producer, capitalise on the resource beyond mere exportation. The parliamentarian emphasised the importance of understanding…
Mbumba Calls on Southern Leaders to Promote Youth Education for Emerging Sectors
By: Staff Writer President Nangolo Mbumba has called upon leaders in the southern regions to prioritise education for their youth, emphasising the importance of higher education in preparation for the burgeoning green hydrogen and oil and gas sectors set…
Oshikoto Regional Governor Office Supports Start-ups with N$100,000
By: Juliana Iikela In a bid to boost entrepreneurship and economic growth, the Office of the Oshikoto Regional Governor allocated N$100,000 during the last financial year to support start-ups and micro-businesses within the region. The allocation was to assist…
Ondangwa Town Council Supports Local Sports with Equipment Worth N$93,745
By: Loise Shiimi The Ondangwa Town Council has extended support to six local teams by providing them with football and volleyball equipment valued at N$93,745 in a bid to bolster sports development at the town. The beneficiary teams…
ABIn Bev Launches Second Phase of Okahandja Water Stewardship Project
By: Hertha Ekandjo ABIn Bev Namibia, in collaboration with the Municipality of Okahandja on Friday, commissioned phase two of the Okahandja Water Stewardship Project. The project is aimed at supporting the water-stressed communities of Okahandja with access to…
Loan Repayments Strain Individuals as Economy Faces Challenges
By: Nghiinomenwa-vali Erastus The Bank of Namibia’s recent annual report paints a troubling picture of the country’s economic landscape, with non-performing loans (NPLs) reaching N$6.5 billion by the end of 2023. Of these loans, 51% are attributed to…
Digital Currency Introduction Requires Thorough Justification – Bank of Namibia
By: Justicia Shipena Digital currency will only be introduced in the country when the central bank is fully convinced that such a move will not jeopardise the security and stability of the Namibian economy. The Central Bank’s Governor…