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Financial literacy for the next generation: Preparing our youth for economic success
By: Joachim van Schalkwyk In an era of unparalleled financial complexity, where managing money has become a critical life skill, it is critical to ensure that the next generation is well-equipped to navigate the economic landscape. For good reason, the…
Guarding Your Finances: Understanding and Combating Financial Fraud in the Digital Age
By: Maria Samahina In today’s digital age, where financial transactions and personal information are increasingly digitised, the risk of falling victim to financial fraud has grown exponentially. Letshego Bank Namibia encourages Namibian citizens to remain vigilant and stay informed about…
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…
It’s Hot Out There For a Vendor
By: Kandjengo kaMkwaanyoka They say you cannot truly understand something until you experience it firsthand. However, one doesn’t need to be a street vendor to grasp the challenging and precarious situation they endure in this relentless heat. From the bustling…
Namibian Phosphate Mining Faces Uncertainty … Developers Seek Government Guidance
By: Justicia Shipena The developers of a phosphate mining project in Namibia are seeking clear guidance from the government regarding the project’s future. Specifically, they are looking for direction on whether to proceed with its development or not. In a…
SOEs Bailouts Impacting Social Investments, says Shiimi
By: Justicia Shipena Finance and Public Enterprise Minister Ipumbu Shiimi has expressed concern that the continuous financial bailouts provided to state-owned enterprises are diverting resources from essential social investments. Shiimi raised the concern as he presented the mid-term budget review…
Water Director Apologises for Inoperable Boreholes … Urges Community Involvement
By: Annakleta Haikera The director of rural Water Supply and Sanitation Coordination in the Kavango West region, Ricardo Sikongo, has expressed his regrets for the hardship faced by residents due to the non-functional boreholes in the area. In response…