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Farmers’ Unions Want North/South Meatco Divide
By: Justicia Shipena IN a bid to revitalise the Meat Corporation of Namibia (Meatco), four prominent farmers’ unions have recommended the establishment of two independent subsidiary entities. The proposal comes at a crucial juncture when Meatco is grappling with financial…
N$340k Catering Tender Award Sparks Outcry in Nkurenkuru
By: Annakleta Haikera The decision to award a catering tender for World Malaria Day and SADC Malaria Day to a company based outside of Kavango West region has ignited controversy within the region’s business community. The upcoming events, scheduled for…
N$119 billion SOEs still begging for bailouts
By: Nghiinomenwa-vali Erastus STATE-Owned Enterprises continue to gobble up billions of taxpayers money in bailouts every financial year despite having a collective asset base valued at N$119 billions. Apart from ongoing bailouts, SOE’s have also been granted certain privileges known…
About 42% of Namibian Consumers Are In Financial Distress
By: Nghiinomenwa-vali Erastus A recent study from the Old Mutual Financial Services Monitor (OMFSM) has shed light on the financial distress faced by many working Namibians, who also express concerns about the country’s economic outlook. According to the OMFSM, only…
City’s Arbor Day Trees Uprooted by Thieves
By: Staff Reporter In a disheartening turn of events, all the trees and shrubs that were planted along Independence Avenue to mark Arbor Day 2023 have been uprooted and stolen, as confirmed by the City of Windhoek. These green additions…
Windhoek Urged to Accelerate Water Reclamation Plans
By: Hertha Ekandjo Minister of Agriculture, Water and Land Reform, Calle Schlettwein, has reiterated the need for the Windhoek municipality to accelerate plans to expand its water reclamation capacity to meet the growing demand. The minister said this amidst challenges…
AgriBanks’ Non-Collateral Loan Product Still Underutilised
By: Nghiinomenwa Erastus The Agricultural Bank of Namibia says its non-collateralised loan product tailormade to help communal and small scale farmers with needed capital is still underutilised about eight years after it was launched. When it was launched in 2017,…
Namibia’s Export Valued at N$74.9 Billion This Year
By: Staff Reporter Namibia’s export revenue saw a 5.3% growth between August and September this year, increasing from N$7.4 billion to N$7.8 billion, according to the latest merchandise report by the Namibia Statistics Agency. For the first nine months of…
Revived Rundu Abattoir Kicks-off With a Bang
By: Nghiinomenwa-vali Erastus The recently reopened Rundu Abattoir has recorded the slaughter of 632 cattle during August and September 2023, signifying increased demand for markets by Northern Communal Farmers. The Rundu abattoir has been dormant since 2014 and since its…
Kenya to Scrap Visa for African Visitors
By: Nghiinomenwa-vali Erastus Kenya is set to eliminate visa requirements for all African visitors by the end of this year, a move meant to improve the country’s trade relations with other nations. This decision, announced by President William Ruto at…