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Capricorn Foundation Re-Commits To Support Rural Artisans
By: Nghiinomenwa-vali Erastus Capricorn Foundation has pledged N$240,000 for logistical assistance in the production and selling of handicrafts, training and food support. In a statement, the Foundation has affirmed its commitment to empower rural artisans to develop and market some…
Three Bedroom Houses Rent On 20-Year Rise
By: Justicia Shipena Rent in houses with more than three bedrooms have risen the most in the last 20 years, according to economists at Simonis Storm Securities (SSS). A SSS study on Namibia’s property and housing market for August 2023,…
11 Years To Construct 2.4 Km Stretches Of Road In Omuthiya at the cost of N$8 million
By: Hertha Ekandjo It took the Omuthiya Town Council 11 years to construct two tarred roads of a total distance of 2.4 kilometres, at the total cost of approximately N$8 million. This was stated by the town’s mayor Johannes Ndeutapo…
The Mixed Bag Of Namibia’s Housing Crisis
By: Nghiinomenwa-vali Erastus Various factors have been documented to be the leading causes of the country’s housing crisis. Some of these are inadequate serviced land, urbanisations, lack of rural economic development, and fiscal consolidation while high prices of finished houses…
BON Keeps Repo Rate Unchanged: What Does It Mean To Namibians?
By: Josef Kefas Sheehama The annual inflation rate recorded for July 2023 was 4.50%, a steep decrease compared to 5.30% recorded in June 2023. Keeping the repo rate steady is particularly motivating for aspiring, first-time home buyers, whose appetite…
Opinion: Unfulfilled Promises Of Freedom
By: Modestus Kasoma My generation has a unique name widely referred to as the “born-free” generation. They were the first generation born free of colonialism, racism and apartheid. In theory, they have more opportunities than ever. However, this promise…
Gender Parity Rate Needs To Improve In Area Of Economic Activities – Geingos
By: Hertha Ekandjo First Lady Monica Geingos has recently raised concerns regarding gender parity in Namibia in the areas of economic activities, especially in the private sector. “Private sector often says that government doesn’t do well in XYZ. If there…
Protesters To Challenge Commercial Banks And Lawyers On Home Repossessions
By: Justicia Shipena The National Ownership Association will today take to the streets to protest what they describe as “unlawful home repossession by commercial banks and lawyers in Namibia”. The Association claims commercial banks and attorneys in Namibia…
12 Mergers And Acquisition Approved
By: Nghiinomenwa-vali Erastus Various companies are taking advantage of synergies and other values that can be achieved in horizontal and vertical integration in the market. This conclusion is found after the country’s competition watchdog, the Namibia Competition…
The BRICS Expansion: Namibia’s Case For Inclusion
By: Justicia Shipena Analysts believe that Namibia joining the BRICS (Brazil, Russia, India, China, and South Africa) grouping would be a wise economic step. This comes after the members of the BRICS announced during the just concluded BRICS Summit in…