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Cuvelai Dam Not Possible, Says Schlettwein
By:Laban Rasalus The Minister of Agriculture, Water and Land Reform, Calle Schlettwein says building a dam in the Cuvelai area to capture flood water for future use is not possible, and has challenges. The minister was responding to questions in…
Dis-Chem Lost N$5.21 Billion Since No-Whites Letter
Dis-Chem has lost N$5.21 billion in value since its CEO Ivan Saltzman’s letter, which placed a moratorium on employing or promoting white people at the retailer, became public. According to a report by Daily Investor, Saltzman revealed to investors that…
NorthSouth West Fishing Company Builds Ngwangwa Pedestrian Bridge
By:Annakleta Haikera A revamped bridge at Ngwangwa in the Kapako Constituency of Kavango West was officially inaugurated on Friday by Swapo Party Secretary General Sophia Shaningwa. The pedestrian bridge was constructed by NorthSouth West Fishing Companyat the cost of N$361,000….
Nam’s Jan Export And Import Bill Results In N$2.9 billion Trade Deficit
By:Justicia Shipena The Namibia Statistics Agency (NSA) Namibia’s export and import bill for January 2023 resulted in the country’s trade deficit of N$2.9 billion, with exports standing at N$7.0 billion and imports at N$10.0 billion. The NSA bulletin showed that…
Minister Says Number Of Fish Eaten By Seals Is Unacceptable …as environmentalist opinions affect seal product exports
By:Justicia Shipena Fisheries minister Derek Klazen has expressed concern about the number of fish consumed by seals per year in Namibia, terming it “unacceptable”. Klazen was responding to a motion by member of parliament Mike Kavekotora in the National Assembly…
Bots Military Army Imports Contributes To Growth Of Walvis Port …as container exports and imports increase
By:Justicia Shipena The Namibian Ports Authority (Namport) has announced an increase in container exports and imports of various commodities in its February 2023 quayside bulletin. According to the abulletin, charcoal has shown a 39% increase in volume due to high…
Public Entities Accused Of Sabotaging Local ProducersTreasury says many of the 177 public entities reluctant to procure locally
By:Nghiinomenwa-vali Erastus The Ministry of Finance has revealed that public entities that get state funds remain reluctant to plow back the money by buying from local producers. A special request for reports on the implementation of the directive by the…
Resources Ownership Conundrum: State-Ownership or Incentivised Local Ownership
By: Nghiinomenwa-vali Erastus The Namibian constitution states that natural resources below and above the surface of the land and in the continental shelf shall belong to the state if they are not otherwise lawfully owned. However, this has not been…
Namibia Imports N$1.1 Million Worth Of Jewellery In Jan
By: Justicia Shipena The Statistician General and Chief Executive Officer of the Namibia Statistics Agency (NSA), Alex Shimuafeni has revealed that Namibia imported jewellery worth N$1.1 million in January 2023. Shimuafeni made these revelations in the Namibia Trade Statistics Bulletin…
Flogged Employees, Boss On 14-Day Suspension
By: Annakleta Haikera Micke Du Preez, the owner of the Rundu Filling Station in the Kavango East, has placed himself and all the employees that allegedly took part in a flogging “game” on a 14-day suspension, pending an investigation. In…