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Author: Hertha Ekandjo / Page 2

NAC Launches Air Connect Namibia Initiative

Written by on 14 March 2024

  By: Hertha Ekandjo The Namibia Airport Company (NAC) has introduced the Air Connect Namibia Project, focusing initially on enhancing operations at the country’s primary airport, the Hosea Kutako International Airport. The project’s primary objectives are to bolster Namibia’s competitiveness, support growth sectors, and position the nation as an attractive destination for tourism and business, […]

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No Contributions Yet for Namibia’s N$112.3 Billion Climate Change Financing

Written by on 12 March 2024

  By: Hertha Ekandjo   The Ministry of Environment, Forestry, and Tourism has said Namibia urgently needs approximately N$112.3 billion by 2030 to execute a 91% reduction in greenhouse gas emissions. Of this substantial sum, N$65.2 billion is earmarked for mitigation measures, while N$47.1 billion is allocated for adaptation targets. However, despite these pressing needs, […]

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Namibia’s Disability Spending Falls Below Adequate Levels, UNICEF Reports…15% of Namibians Living with Disabilities

Written by on 12 March 2024

By: Hertha Ekandjo   Namibia’s expenditure on disability, although showing an upward trend over the years, has remained relatively low, according to a report released by the United Nations International Children’s Emergency Fund (UNICEF). Between 2018 and 2023, disability spending averaged below 0.4% of the Gross Domestic Product (GDP) and below 1.4% of the total […]

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Namibia’s Imports Surge by N$3 Billion

Written by on 9 March 2024

  By: Hertha Ekandjo   Namibia’s imports surged by N$3 billion, widening the country’s trade deficit by N$1 billion between December 2023 and January 2024, according to the Namibia Statistics Agency (NSA). The trade gap expanded after Namibia exported goods worth N$12 billion in January 2024, a notable 9.4% increase from N$10.9 billion recorded in […]

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Namport, TIL N$4.2 Billion Deal Nears Conclusion

Written by on 5 March 2024

  By: Hertha Ekandjo The Namibian Ports Authority (Namport) is currently in the final stages of negotiating the last details of its 25-year, N$4.2 billion management deal with Terminal Investment Limited (TIL). Last year in November, Namport’s Chief Executive Officer (CEO), Andrew Kanime, informed the media that negotiations were approximately 95% complete. Responding to recent […]

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Households Credit Growth Slows to Lowest Since 2021 …corporate credit extension reaches N$46 million in January

Written by on 5 March 2024

    By: Hertha Ekandjo   While individuals typically turn to banks and cash loan service providers in what is often referred to as “Janu-worry” to kick-start the year, the first month of 2024 witnessed the slowest credit growth uptake by households since 2021. According to economists at Simonis Storm Securities (SSS), households experienced a […]

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Namibia Loses 631 Rhinos to Poaching Over the Last Decade

Written by on 5 March 2024

  By: Hertha Ekandjo   Despite boasting a healthy population of wildlife species and a reputable conservation effort globally, Namibia has suffered the loss of 631 rhinos to poaching over the last decade. Recent poaching statistics reveal a troubling trend: 97 rhinos were poached in 2015, followed by 66 in 2016, 55 in 2017, 84 […]

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‘Extreme Poverty Still Rampant in Namibia’ – Civil Society Groups

Written by on 5 March 2024

  By: Hertha Ekandjo   Civil society representatives from various regions across Namibia have expressed grave concerns over the enduring levels of poverty and desperation among ordinary citizens despite the potential the country possesses. These sentiments were echoed in submissions received and compiled by the Institute for Public Policy Research (IPPR) this week, following engagements […]

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