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Namibia’s Private Sector Debt Hits N$119.1 Billion
Justicia Shipena Total private sector debt stands at N$119.1 billion, says Simonis Storm Securities in its April private sector credit extension report published on Thursday. This debt, which is 57.8% of the the country’s gross domestic product (GDP), includes both…
Nam Health System Below Par In Comparison To Peers
Nghiinomenwa-vali Erastus The healthcare system in Namibia has been found not to be performing well in comparison to other upper-middle income countries (UMIC). This is according to a study by the Economic Association of Namibia and Hanns Seidel Foundation titled,…
The Border Closed For 11 Fresh Produce Except For Washed Potatoes
Nghiinomenwa-vali Erastus Expected production figures for the month of June 2023 show that local producers will be able to meet the local demand for 11 special controlled horticultural products. However, the country will still be importing nine of the products,…
Beneficiaries Reject Okahandja Stalls, Citing Distance And Size Of Stalls
Justicia Shipena Beneficiaries of the Okahandja Open Market stalls dropped a bombshell on the municipality and telecommunications company MTC, stating the facility is small and located far away from customers. The Okahandja municipality and MTC inaugurated the open market on…
Fostering Employment Opportunities In Tourism
Justicia Shipena Erongo Governor Neville André contends that the environment and tourism industries are seen as low-hanging fruit to promote development through the creation of jobs by increasing tourism investment and arrivals. Speaking at the fifth Pan-African Youth in…
Sanlam and NIPDB Partner For Business Bridge Programme
Sanlam has partnered with the Namibia Investment Promotion & Development Board (NIPDB) for the 2023 Sanlam Bridge Programme. The programme serves as a launchpad for Namibian start-up business owners, who either already have a registered business not older than one…
Proposed Consumer Credit Draft Bill: What Does it Mean to Namibians?
By: Josef Kefas Sheehama There is a strong conviction that key stakeholders have the will and the capabilities to develop a robust credit market that will deliver on consumer's rights inclusion. Therefore, there is a need for legislative reform of…
Mining, Energy Sectors Lifeblood Of The Economy – Alweendo
Massive oil and gas reserves recently discovered off the coast of Namibia and the elevated global demand for critical raw materials and metals have created a window of opportunity for the transformation of the country’s economy. This is the view…
CAN Water Supply Systems Drop By 23.1 %
Hertha Ekandjo The water levels of the three major water dams that supply the central area of Namibia (CAN) with water have dropped by 23.1%. The levels of the Omatako, Von Bach and Swakoppoort dams, all combined, are currently at…
Drought And Hunger Led To Suspected Food Poisoning, Says Councillor
Annakleta Haikera Thirteen people have died from suspected food poisoning after eating dinner at a homestead at Kayova village, Ndiyona Constituency, in the Kavango East region. The food was consumed on Saturday and the first two deaths were recorded in…