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Old Mutual Injects N$300k Into National Internship Programme
By:Justicia Shipena Telecommunication giant MTC has received an additional N$300,000 from Old Mutual Namibia for its Namibia National Internship Programme (NNIP). Old Mutual’s sponsorship for the internship programme comes after Standard Bank Namibia contributed N$200,000 to the programme in January…
Swapo, PDM Exposes Each Other Over “Baffling” Past Land Dealings at Opuwo
By:Uakutura Kambaekua The previously dubious land dealing in the town of Opuwo are, according to Swapo’s regional leadership, due to the town’s former leadership under the stewardship of both the Popular Democratic Movement (PDM) and the ruling Swapo party councilors….
N$8,3 billion worth of agri commodities produced in 4Q2022
By:Nghiinomenwa-vali Erastus By the last quarter of 2022, Namibia agricultural entrepreneurs (livestock and crops) have produced goods worth N$8,3 billion. Agricultura has increased by almost two billion (N$1,94 billion)compared to 2 years ago. This is according to the Namibia Agricultural…
DBN Second Recovery Scheme Welcomed
By:Justicia Shipena The Economic Association of Namibia has welcomed the launch of the Development Bank of Namibia’s (DBN) second recovery scheme. DBN stated on Monday that it would be taking part in the Bank of Namibia’s (BoN) SME Economic Recovery…
Namibia SMEs Need Development Before Thinking About Africa
By:Fransina Nghidengwa, Hertha Ekandjo Dinapama’s Managing Director David Namalenga says that Namibian SMEs first need to be developed locally in order for them to be ready for the African market. This comes as Trade Minister Lucia Ipumbu, during the General…
AfriBlocks Leverages KyckGlobal’s Cross-border Payments To Connect African Freelancers To Global Firms
By:Staff writer AfriBlocks, the Pan-African freelance talent marketplace, has recently integrated with KyckGlobal to offer the Visa push-to-card payment method for freelancers in four African countries – Kenya, Zambia, Ghana, and Namibia. This move aligns with AfriBlocks’ mission to provide…
GIPF Jerked Up Pensioners Purchasing Power By 5.46%
By:Nghiinomenwa-vali Erastus Government Institutions Pension Fund (GIPF), 45,497 pensioners will receive more on their monthly annuities after the Fund jerked up the benefits this month. The increase of 5.46% comes after the 4.62% increase for 2022/2023 financial year, GIPF announced…
Minister Itah Kandjii-Murangi Urges Higher Learning Institutions To Align Teaching To New Economic Realities
By:Nghiinomenwa-vali Erastus Higher learning institutions have been directed to align their courses with the country’s economic development agenda. This is the message of the Minister Of Higher Education, Technology and Innovation, Itah Kandjii-Murangi. She called for the labour force to…
NABTA Says Proposed Fuel Levy Increase Will Cost Drivers
By:Hertha Ekandjo Namibia Bus and Taxi Association (NABTA) Secretary General Pendapala Nakathingo, says Namibian drivers cannot afford a spike in fuel prices. This comes after the Road Fund Administration (FRA) said, in order to meet a N$4.3 billion funding gap…
Cost Of Consumables Increased By More Than 5% …back gardens, side hustles, or dig more on your wallet
By: Nghiinomenwa-vali Erastus Money became expensive last week for those who plan to borrow and fund their consumption. At the same time, by the end of March of 2023, 50% of consumable prices have gone up by 5%. The latest…