Blog Page
Household Debt Surges by N$2.1 Billion in 2023
By: Hertha Ekandjo Household debt climbed to N$66.8 billion in December 2023, a notable increase from N$64.7 billion in December 2022, as revealed in Simonis Storm Securities’ (SSS) latest Private Sector Credit Extension report. Corporate debt also experienced…
Schlettwein Denounces LPM’s Land Grab Ultimatum as Illegal
By: Justicia Shipena Minister of Agriculture, Water and Land Reform Calle Schlettwein says advice by the Landless People’s Movement encouraging generational farm workers on the verge of eviction in Omaheke region to grab unoccupied farms is unlawful. Schlettwein…
Ministry Refutes TotalEnergies ‘Shareholder’s’ Corruption Claims
By: Justicia Shipena The Ministry of Mines and Energy has strongly refuted allegations of corruption and favouritism in the country’s energy sector related to the handling of oil and gas exploration licences. This follows a letter, purportedly from…
Extreme Heat Threatens Crops in Kavango East/West Region
By: Annakleta Haikera Subsistence farmers in the Kavango East/West region have expressed concerns that the week-long heatwave they have been grappling with could cause irreparable damage to their crops. Despite receiving good rainfall over the past few months,…
Long-Term Affordability Challenges to Persist in the Housing Market
By: Justicia Shipena In its latest House Price Index report, the First National Bank (FNB) has signalled concerns over long-term housing affordability challenges that are expected to persist, further impacting the housing market. Additionally, the bank anticipates…
Rising Concerns over Cervical Cancer in Namibia
By: Jeremiah Joseph The Ministry of Health and Social Services has raised alarms over the rising number of cervical cancer cases in the country with over 130 women reportedly dying from the disease annually. According to the…
Alarming Rise in Cholera Cases Grips SADC Region … member states told to take urgent action against virus
By: Hertha Ekandjo Five SADC member states are grappling with ongoing cholera outbreaks, contributing to a staggering 73% of reported cases across Africa following the virus’ resurgence globally. Last year, the World Health Organisation (WHO) classified the global…
O&L Leisure Unveils Luxury Fleet at Mokuti Etosha
By: Staff Writer O&L Leisure has unveiled an impressive fleet of premium Land Cruisers at Mokuti Etosha, marking a strategic move to offer exclusive nature-based experiences in line with its new premium positioning. Sven Thieme, O&L’s Executive Chairman…
Black Gold: Boon, Boom or Bust?
Helena Mboti Namibia’s oil discoveries have been a source of optimism for the future trajectory of the economy. Yet with great excitement comes caution, as other countries’ experiences internationally, provide stark lessons on the double-edged sword of oil riches. Namibia…
Opinion: Driving Innovation Through Employee Creativity
By: Rikus Grobler Bottom-up innovation is all about flipping the traditional approach to innovation on its head. Instead of the big ideas coming from the top echelons of a company, they bubble up from the frontline employees. These are…