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Daikon Investments Acquires Namibia Plastics And Packaging Distributors
By:Staff Writer Daikon Investments (Pty) Ltd has obtained a 55.2% controlling share of Namibia Plastics & Packaging Distributors (Pty) Ltd from Johan Struwig, Co-Founder and CEO of Namibia Plastics. The closing for the transfer of shares held in Namibia Plastics…
Nam Production Base Shallow, Too Simple…More work is needed to improve production and value addition
By:Nghiinomenwa-vali Erastus Namibia has a shallow and simple production base and, as a result, will struggle to add value and produce complex products, the Fourth Industrialisation Revolution (4IR) Task Force found. This comes at a time when calls countrywide, including…
Tourism Sector On Recovery Path – Shifeta
By:Fransina Nghidengwa Environment and tourism minister Pohamba Shifeta, during his new year’s address to the staffon Friday, said the tourism sector is on a recovery course after being battered by Covid-19. Shifeta said international tourist arrivals increased by almost 38%…
Pharmacies Has Been Colluding, Fixing Medicine Prices
By:Nghiinomenwa-vali Erastus Various pharmaceutical companies have been colluding and fixing medication prices by adding a 50% markup on the dispensing, which consequentlyhas reduced competition among themselves. The price-fixing scandal has been uncovered by the Namibia Competition Commission involving close to…
FY 2023/24: A Busy Year For The Agri Ministry
By:Nghiinomenwa-vali Erastus The Ministry of Agriculture, Water, and Land Reforms has lined up around seven policies and bills for completion and tabling in parliament in the 2023/24 financial year. These include the Land Bill. This was recently announced by the…
N$1 Million Maternity Ward Will Rescue Mothers, Babies
By:Annakleta Haikera The soon to be constructed N$1 million maternity ward at the Rupara Health Centre has been welcomed by women in the Kavango West region, saying it will rescue mothers from being transported to nearby hospitals and from losing…
Geingob Inaugurates Namibia’s Renovated Embassy In Ethiopia …as the two countries sign MoU on Defense Matters
By:Justicia Shipena President Hage Geingob says the investment in the reconstruction of Namibia’s embassy building in Addis Abba, Ethiopia, will positively contribute to the bilateral relations between the two countries. Geingob said this over the weekend during the embassy building’s…
SADC Member States Adopt Development Of Tilapia Value Chain
By:Staff writer The Southern African Development Community (SADC) Secretariat has received funding of about US$9.2 million from the African Development Bank (AfDB) for the period 2022-2025. The funding comes as Malawi, Zambia and Zimbabwe adopted the development of the tilapia…
CIF Boss Appeals For The Revival Of Construction Sector
By:Nghiinomenwa-vali Erastus There are economic gains if politicians, government authority and procurement experts can reach consensus to assist the local construction sector, says Bärbel Kirchner, chief executive officer of the Construction Industries Federation of Namibia (CIF). Kirchner’s appealscomes at the…
Gibeon Still Has Outstanding Financial Statements For 2019-2022 …says it is not aware of N$4 million paid for a tender
By:Justicia Shipena The National Council Standing Committee on Public Accounts and Economy is concerned that financial statements for the Gibeon Village Council for 2019, 2020, 2021, and 2022 are still outstanding. The committee made these remarks in a report presented…