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Poor Rainfalls Raise Namibia’s Need to Import Maize By 43%
By:Hertha Ekandjo First Capital Namibia CEO and economist Martin Mwinga says that Namibia has been experiencing a shortage in the production of maize and wheat. This comes as the quantity of imported maize increased by 43% from December 2022 to…
Potato Shortfall Leads Horticulture Industry’s 2023 First-Quarter Woes
By:Justicia Shipena Namibia’s horticulture industry has been hit hard by a shortfall of potatoes during the first quarter of 2023. According to industry reports, the potato crop yield has been significantly lower than expected, with an 8,579-tonne deficit. Potatoes had…
NamRa To Investigate Tax Return Submissions
By:Justicia Shipena The Namibia Revenue Agency (NamRa) will form an investigation team to assess the legitimacy of zero tax returns submissuions. In a press release last week, NamRa said the team will be established in July. The revenue collecting agency…
Opinion: High Unemployment Affects the Economy
By:Josef Kefas Sheehama As the world observed the 2023 May Day celebration, workers in Namibia lamented over unfair labour practices, like casualisation, and non-payment of minimum wage by some employers- under the theme “Workers United in Ensuring Productivity for National…
Digital Spaces: Rights And Responsibilities
Admire Mare Digitisation is no longer something in the distant future but an everyday reality, even in Africa, which is still struggling to modernise its ageing telecommunications infrastructure. Although digitisation as a transformative social process has been in full swing…
Economists Forecast Reduced Fuel Prices In Local Market
By:Justicia Shipena Simonis Storm Securities, in their oil market outlook for May 2023, predicts that local fuel price reductions will be announced in the upcoming months. On 3 May the Mines and Energy Ministry resolved to keep the petrol prices…
400 Rössing Workers To Be Axed Next Year- Union Claims
By:Hertha Ekandjo and Matthias Hangala Around 400 workers of the Rössing Uranium mine will be retrenched come next year, according to the Mineworkers Union of Namibia (MUN). The company last month began offering its workers voluntary separation packages, until the…
Human-wildlife Conflict Puzzles Continue As Stakeholders Meet …as 245,000 beneficiaries depend on conservations (including wildlife)
By:Nghiinomenwa-vali Erastus Namibia is facing a natural conundrum of maintaining and expanding its biodiversity as human-wildlife conflict continues, and compensations pile up on government doors. From crocodile and hippo attacks in the eastern regions, lions for those closer to Etosha,…
Broadcasting Industry Reaps Rewards With 6% Revenue Boost
By:Justicia Shipena According to the Communications Regulatory Authority of Namibia (Cran), the broadcasting industry saw a 6% increase in income in the final quarter of 2022. Cran published its fourth-quarter 2022 Telecommunications, Broadcasting and Postal Sector statistics on Thursday. The…
Nam Can Grow More Than 1.1 Million Fruit Trees To Reduce 90% Fruit Import …the country goes as far as Spain to get fruits
By:Nghiinomenwa-vali Erastus Most fruits consumed in Namibia such as apples, pears and bananas are seldom produced in the country. Given this reality, over 90% of fruits consumed in Namibia are imported. This is according to a Baseline Study Regarding The…