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Paragon Commences Groundwork At HKIA
By:Hertha Ekandjo Paragon Investment Holdingsofficially commenced with its ground handling services at the Hosea Kutako International Airport (HKIA) on Saturday. This follows after Menzies was evicted by the Namibia Airports Company (NAC) from HKIA on Saturday morning after it ceased…
Access to Deposits Preserved Despite Trustco Bank’s Suspension
By:Justicia Shipena Despite the Bank of Namibia’s (BoN) temporary suspension of Trustco Bank, clients would retain access to their deposits. Trustco Bank’s ability to function as a financial institution was suspended with immediate effect by BoN on Friday. The suspension…
N$23.8 Million Farm Infrastructure Development Launched
By:Josefina Lukas The Agriculture Ministry has spent N$23.8 million on farm infrastructure development for Amarika Farmers Cooperative in the Omusati Region. Agriculture Minister Calle Schlettwein officially handed over the Amarika Farmer Cooperative infrastructure on Wednesday. According to him, the fundamental…
The 4th Industrial Revolution in Namibia: Prospects and Challenge
By:Josef Kefas Sheehama The Fourth Industrial Revolution (4IR) has the potential to transform Namibia’s economy, increase its productivity and enhance its global trade. In doing so, it would dramatically improve the wellbeing of Namibian citizens. Therefore, we cannot talk about…
Meat And Fish Prices Soar
By:Nghiinomenwa-vali Erastus Meat lovers should prepare to dig deeper into their wallets as the prices of meat products, including fish, has soared. Prices for overall goods and services increased at a rate of 0.3% during the the month of July …
The Construction Sector Outlook Remains Bleak
By:Hertha Ekandjo The construction sector remains bleak, with poor approval and completion results for the year thus far compared to the same period during the pandemic year 2020. According to Simonis Storm Securities (SSS), this has made it likely for…
Cancer Association Faces Data Delays
By:Eva-Rakel Johannes The Cancer Association of Namibia (CAN) has extended an invitation to stakeholders interested in local cancer data in order to give accurate insights into Namibia’s cancer landscape. However, technological difficulties have caused unanticipated delays in the formal publishing…
N$343 Million Karibib-Usakos Chinese Tender Pushes Forward, Amid Backlash …sector calls for project cancellation, re-advertising
By:Justicia Shipena The Construction Industry Federation (CIF) is enraged that the Karibib-Usakos road rehabilitation project is proceeding. This follows the announcement by the Roads Authority (RA) that it has chosen contractors and subcontractors for the reconstruction of the road in…
Oil & Gas Discoveries Not Automatic Economic Panacea- Alweendo
By:Justicia Shipena Mines Minister Tom Alweendo, has stressed that recent oil and gas discoveries are not an automatic solution to Namibia’s socio-economic challenges. Alweendo was addressing nearly 700 delegates from 16 nations at the Mercure Hotel in Windhoek, at the…
1.2ml Carat, 45 541 Tonnes Of Gold, Uranium Extracted In 2023
By:Nghiinomenwa-vali Erastus In first six months of 2023, the country’s extractive industry has managed to excavate 1.2 million carats of diamonds, and 45,541 tonnes of gold, uranium, and zinc. This is according to the mining sectoral reportproduced by the Namibia…