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Namfisa Saw 4.2% Decline in Assets in 2022/23
By: Hertha Ekandjo The Namibia Financial Institutions Supervisory Authority (NAMFISA) has recorded a 4.2% decrease in its total assets for the 2022/2023 financial year. Namfisa`s assets decreased by N$13.5 million from N$318.1 to N$304.6 million as at 31 March 2023….
Poor coordination hampers food security … as lack of data exposes the need for investment in agricultural research
By: Nghiinomenwa-vali Erastus POOR coordination and communication between the government and development agencies is one of the factors hampering effective implementation of policies and programs to improve food security in Namibia. A recent assessment report by the Food and Agriculture…
The Ukro-Poland: A Soured Relationship?
By: Frans Sinengela Before last Tuesday’s UN general assembly and the ban on Ukrainian grain imports by Hungary, Slovakia and Poland, Ukraine enjoyed a romantic political, military, financial as well as emotional support from its neighbour, Poland. Something Russia…
The 4th Industrial Revolution in Namibia: A Call for Practicality
By: Nabot Uushona Writing this article presented a challenge due to the widespread use of 4th Industrial Revolution catchphrase by politicians and technocrats as it might be taken as a criticism. However, it is crucial for us to understand…
Stage Audio Works Integrates AV Conferencing System At MTC
By: Staff writer Mobile Telecommunications (MTC), working with Stage Audio Works (SAW), has its AV systems overhauled at the headquarters in Windhoek. MTC needed technology upgrades and corporate AV systems to enhance communication and collaboration in several departmental boardrooms….
Namdia Records 24.9% Increase In Carats Purchase For 2022/23
By: Hertha Ekandjo Namibia’s diamond sales and marketing entity, Namib Desert Diamonds (Namdia) concluded nine diamond sales, with its purchase entitlement increasing by 24.9% from 222,978 to 278,609 carats during the 2022/2023 financial year. This was revealed by the Namibia’s…
Investors Opt To Switch N$1.1 Billion Of GC24 Bond
By: Nghiinomenwa-vali Erastus Investors in the government bonds, specifically the GC24 bond which is maturing next year, have submitted an N$1.3 billion switch application for their investment to be moved to other long-term bonds. The switch auction was held…
Nam Egg-sellers See Sales Opportunities With Poultry Import Ban
By: Hertha Ekandjo Namibian egg-sellers say that the ban on the import of poultry products from South Africa can provide sales opportunities for every Namibian poultry farmer and poultry product sellers. The Agriculture Ministry recently announced that due to…
Horse Unit To Be Deployed To Combat Poaching In Etosha …as 289 rhinos poached in 5 years
By: Hertha Ekandjo A horse unit will be deployed at Okaukuejo in the Etosha National Park to provide extra support to the anti-poaching unit in the country’s biggest park. In the past five years, the country has recorded 289 cases…
Angel Network Invests In Local Cosmetics
By: Nghiinomenwa-vali Erastus Ilotu Cosmetics, an all-Namibian cosmetic company, that specialises in the production of essential oil based products, has received a boost from an angel investor who purchased a stake in the company, the Namibia Business Angel Network (Naban)…