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Paratus Group Completes Fastest Fiber Route Linking Johannesburg to Europe
Dolly Menas Paratus Group has announced the completion of the fastest fibre express route from Johannesburg to Europe, marking a significant step forward in bolstering connectivity between Africa and Europe. Spanning 1,890 kilometres and linking Johannesburg, Botswana, and Swakopmund, this achievement solidifies Paratus as a trailblazer in narrowing the digital gap between the two […]
Cooling Innovations: Engines of Job Creation and Economic Prosperity
Justicia Shipena Minister of Industrialisation and Trade, Lucia Iipumbu, says the cooling sector has the potential to drive innovation, create jobs, and foster economic growth. Iipumbu who spoke during the stakeholder consultations on the draft Special Economic Zone (SEZ), National Informal Economy, Startup and Entrepreneurship Development Policy (NIESED), Namibia Investment Promotion and Facilitation Bill, […]
New Sectors Needed to Change Omaheke’s Fortunes, Argues Nganate
Dwight Links Omaheke Governor Pijoo Nganate has emphasised the need to diversify the region’s economic activities to foster growth, especially in the face of another looming drought. Traditionally known for its agricultural activity, often referred to as Cattle Country, Omaheke’s ability to maintain this title is under threat due to prolonged periods of […]
Mello Bakery, Rising with Rosamunde
Tiffany Miller In the heart of industrial Windhoek, Mello Bakery hums with activity. The 24-hour operation, which produces thousands of loaves of bread every day, has recently become the place of work for young Rosamunde, a participant in the U.S. government-funded Reach Namibia project. The 23-year-old lives with her mother and siblings in Katutura’s Ombili […]
Suncity Residents Receive Water from Good Samaritan
Annakleta Haikera A well-known resident in Rundu, Gabriel Hakusembe, on Monday generously donated four containers totaling 10,000 litres of water to the residents of Suncity, who have been enduring water scarcity for several months. Hakusembe announced that the residents will receive water deliveries twice a week until a permanent solution to the water crisis […]
Agriculture Sounds Alarm Again on Its Inadequate Budget…Funding Agriculture: A Case of Mere Rhetoric?
By: Nghiinomenwa-vali Erastus Despite the flurry of statements from political leaders in key government offices and parliament emphasising the importance of agriculture, the sector still continues to be hugely neglected in the national budget. This year, the Ministry of Agriculture, Water, and Land Reforms has described its budgetary allocation as “worrisome” in the face of […]
Schlettwein Urged To Settle !Khomanin Community Land Issues…as displaced generational workers roam Khomas corridors
By: Juliana Ikela Khomas Regional Governor, Laura Mcleod-Katjirua, has made a fervent appeal to the Ministry of Agriculture, Water, and Land Reform to address the land issues affecting the !Khomanin community. The governor made this call during the ongoing Agriculture Annual Planning week in the capital city. “Ensure that you acquire farms for […]
Namibia Makes 200 New Millionaires
By: Staff Writer Namibia has cemented its position in the top 10 wealthiest countries in Africa in terms of millionaires, with an additional 200 millionaires reported since last year. According to the latest 2024 Africa Wealth Report by investment migration consultancy Henley & Partners, Namibia, along with Mauritius, Morocco, Zambia, Kenya, Uganda, and […]
Repo Rate To Remain at 7.75% Economists Predict
By: Justicia Shipena Economists anticipate the Bank of Namibia’s Monetary Policy Committee (MPC) to maintain the repo rate at 7.75% due to the substantial rate difference compared to South Africa. Robert McGregor, an economist at Cirrus Capital said after South Africa chose to maintain its repo rate at 8.25 percent, Namibia would not have […]
Zambia Cuts 60MW Power Export to Namibia
By: Nghiinomenwa-vali Erastus Namibia’s electricity import from Zambia has been reduced by 60MW, dropping from 180MW to 120MW, following Zambia’s announcement of power cuts and export limits due to drought conditions affecting its hydropower generation. Zambia, traditionally the largest electricity supplier to Namibia since the decline in South African supply, has faced challenges due […]