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CRAN Kicks Off 700MHz And 800MHz Auction Process
By:Staff writer The Communications Regulatory Authority of Namibia (CRAN) has launched the auction process to allocate frequencies in the 700MHz (684MHz-790MHz) and 800MHz (790MHz-862MHz) bands for the provision of 4G and 5G services. Under the terms of the ‘Request to…
Strengthen political will to achieve nutrition targets – African leaders
By:Staff writer There is a need for more commitment and accountability in Africa’s effort to achieve continental and global goals for nutrition. The call comes from leaders of African Union member states during a nutrition-themed side event during the 36th…
Africa Youth Bulge, A Demographic Dividend
By:Nghiinomenwa-vali Erastus Africa has the youngest population in the world with 22.7% of the world’s total youth population of which 454.5 million are between 15 and 34 years. This was said by Wamkele Mene, Secretary-General AfCFTA Secretariat, in his opening…
Negative Outlooks For Fish, Crop Production
By:Staff writer The outlook from Namibia’s fishing sector looks negative for 2023 mainly due to the ongoing illegal fishing by Angolan companies in Namibian waters, says Simonis Storm. It has been reported that the Namibian economy has lost billions as…
Cash & Carry Rundu Shuts Down, Residents Scavenge Around For Expired Food
Annakleta Haikera Mukwe constituency councillor and chairperson of the Kavango East Regional Council, Damian Maghambayi has questioned whether the leaders in his region are aware that people survive by scavenging for eating expired food. The development comes as Cash and…
Education scoops 28.9% of the national budget, with around 81% marked salaries
By:Nghiinomenwa-vali Erastus The country’s Finance Minister Iipumbu Shiimi has joined the public in demanding more from the education facilitators. Shiimi’swas made when he delivered his 2022/23 Budget Statement in Parliament on 24 February 2022. Despite the unsatisfactory performance coming from…
Angolans to Pay For Services Using Kwanza In Nam In The Future
By:Staff writer Namibian citizens will be able to shop and pay for services in Namibian dollars in Angola in the future. This measure once considered will also allow Angolan citizens to carry out commercial transactions in their currency in Namibian…
Tourism Sectors Best Performer Among Other Sectors
By:Hertha Ekandjo Among other sectors, the tourism sector could arguably be one of the best-performing sectors of the Namibian economy in 2023. While business and conference tourism is still below 2019 levels, this could materially increase as certain hospitality…
Indian Govt Opposes Hindustan Zinc’s $2.98 Billion Deal For Vedanta Zinc Assets
By: Staff writer The Indian government has opposed Hindustan Zinc’s planned $2.98 billion acquisition of zinc assets from top shareholder Vedanta Ltd, amid concerns over valuations and the deal being a “related party transaction”. Vedanta’s sale of its zinc assets…
Namibia Recorded N$34 Billion In Money Wallets In 2022
By:Uakutura Kambaekua Bank of Namibia governor Johannes !Gawaxab has urged citizens to explore the constant innovation in the payment eco-system of electronic money. He stated that the country has 2.5 million active wallets with 64 million transactions with over N$34…