By:Nghiinomenwa-vali Erastus In an era of risk aversion, entrepreneurship development and incubation is critical, says Basecamp Namibia Director Jesay Hano-oshike. The Villager interviewed Hano-oshike on the partnership between First National Bank Namibia (FNB) and Basecamp which aims to continue entrepreneurship development through incubation and mentoring. FNB last month entered into a partnership with Basecamp Namibia […]

By:Nghhinomenwa-vali Erastus The extractive sector still dominates the country’s economic outlook. Mining has been dominating past and current trade statistics, as the country’s export basket refuses to change despite political intentions. For the past five months, Namibia’s top export commodities are mostly minerals, including fish. Furthermore, the Bank of Namibia (BoN) Economic Outlook for 2023 […]

By: Annakleta Haikera The Development Bank of Namibia (DBN) has taken up another concessional loan from the German Development Bank, the Kreditanstallt fuer Wierderafbau (KfW) of about N$600 million ( about €30 million) for the funding of climate-mitigation infrastructure. The Development Bank of Namibia (DBN) Chief Executive Officer Martin Inkumbu said the second concessional loan, […]

By:Nghiinomenwa-vali Erastus The Southern Africa Power Pool (SAPP) has indicated that the market for electricity generation is massive as the 12 member countries have over 9,8 Gigawatts of electricity needs. Thus, many Namibian power producers are opting to fill this regional gap as it attracts better prices compared to the domestic market. The SAPP administration […]

Uakutura Kambaekua Residents of Opuwo and its environs will no longer have to drive great distances to receive good standing certificates, register for tax, or submit their tax returns. This follows the recent opening of a satellite office in the town by the Namibia Revenue Agency (NamRA). This is NamRA’s second office in the region, […]

By:Nghiinomenwa-vali Erastus After assessing the plight of small-scale and artisanal fishers that are affected by climate change in the fishing sector, the Namibia’s Environmental Fund (EIF) will hand in a proposal to the Global Climate Fund (GCF). In its newsletter that covered its work in the first quarter of this year, the EIF announced it […]

  By: Nghiinomenwa-vali Erastus   Various companies are taking advantage of synergies and other values that can be achieved in horizontal and vertical integration in the market.   This conclusion is found after the country’s competition watchdog, the Namibia Competition Commission (NaCC) has reported that it has approved 12 mergers and acquisitions.   This involves […]

By: Nghiinomenwa-vali Erastus After being discovered many decades ago, the government and willing investors are finally moving to extract the gas reserves on the southwestern shores of Lüderitz. It was announced back then that financial investment decisions were to be taken in 2016, however, the steam around the project evaporated and it was not spoken […]

By: Nghiinomenwa-vali Erastus A reusable pad manufacturing start-up from the Hardap Region has received the Old Mutual Sustainable, Economic and Empowerment Drive (OM SEED) 2023 title for the Hardap region, the Old Mutual Foundation announced. TJF Investments CC took up the first spot from the shortlisted 10 start-ups in the south, thus getting N$50,000 seed […]