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Business / Page 19
New Green Scheme Structure Proposed Following Agribusdev Dissolution
By: Nghiinomenwa-vali Erastus The Ministry of Agriculture has put forth a proposal to the Public Services Commission for the establishment of a new, permanent structure to oversee the Green Scheme Projects. It is anticipated that this proposed structure will receive approval by the end of this month. Minister of Agriculture, Water, and Land Reform (MAWLR), […]
No Lion Extinction Risks, Sufficient Numbers for Tourism, Ministry Asserts
By: Nghiinomenwa-vali Erastus NAMIBIAN lions are not facing the risk of extinction and their population has reached the highest level in at least half a century. This is according to aerial surveys conducted by the Ministry of Environment, Forestry, and Tourism. Lions are a vital part of the Big Five in southern Africa, drawing tourists […]
Namibia Imported 331 Tons of Mango in 2022 … expenditure Over N$4 Million Annually
By: Nghiinomenwa-vali Erastus Namibia’s reliance on mango imports is noteworthy, with the country spending over N$4 million annually on fresh mangoes. During the 2021/22 financial year, Namibia imported 331 tons (331,000 kg) to fill the national demand which stood at 569 tons. During the same parmers only contributed 238 tons to the national demand. This […]
Namibia still struggling to root out illegal Fishing … vessels go hide in Angolan waters
By: Nghiinomenwa-vali Erastus MINISTER of Fisheries and Marine Resources Derek Klazen has confirmed that incidences of illegal and unregulated fishing activities are still active in Namibia waters with the latest recorded in April this year. Illegal, unreported, and unregulated (IUU) fishing activities are considered one of the greatest threats to marine ecosystems due to their […]
Meatco Addresses Issues Delaying the Clearing of Beef Consignments
By: Justicia Shipena and Nghiinomenwa-vali Erastus THE Meat Corporation of Namibia (Meatco) says it has addressed challenges it encountered with clearing beef consignments to consumers, an issue which resulted in further delays in payment to producers. These challenges, Meatco aid was due to changes experienced in “critical logistical documentation and procedures”. “Meatco experienced delays in […]
Geingob Wants African States to Unite and Create an Integrated Energy Market
By: Justicia Shipena PRESIDENT Hage Geingob has urged African countries to work together more to create a unified energy market. According to Geingob, a healthy and strong energy mix is necessary to grow African economies and fulfil the needs of people. Geingob, while speaking at the ongoing African Energy Week in Cape Town, South Africa, […]
bout 30% of the Rural Population Has No Access To Financial Services … minister calls for more inclusion
By:Nghiinomenwa-vali Erastus MINISTER of Urban and Rural Development Erastus Uutoni has called on stakeholders in the financial service sector to make their services available to people in the rural areas to allow them to fully participate in the transformation of the rural economy. Uutoni said making financial services available to rural people and leveraging digital […]
Renewable Energy Funding Dominates Bank Windhoek’s Sustainability Lending
By: Nghiinomenwa-vali Erastus Bank Windhoek has provided financial support for a total of 59 projects valued at N$57.6 million across Namibia from 2022 to 2023, with 54 of these projects dedicated to Renewable Energy. The remaining four projects focus on Sustainable Agriculture, with one dedicated to Biodiversity Conservation. Claire Hobbs, Bank Windhoek’s Chief Treasurer, […]
Local Brewery to Invest N$65,4 Million in Solar Thermal Technology
By: Hertha Ekandjo ABInBev Welwitschia Brewery, a local brewery, has announced a N$65.4 million investment in Solar Thermal Technology to be established in Okahandja. The brewery’s objective is to reduce its carbon footprint by approximately 700 tons of carbon dioxide (CO2) emissions annually. The solar thermal technology will harness solar heat to generate […]
Spectrum Auction Winners Instructed To Expand 4G Coverage
By:Nghiinomenwa-vali Erastus THE successful bidders for radio frequency spectrum in the 703-788 MHz and 790-862 MHz bands, announced last week, have been directed to increase 4G coverage to a minimum of 80% in six regions. This directive comes from the Communication Regulatory Authority Namibia (CRAN). The six regions affected by this mandate are Kunene, Zambezi, […]