By:Ngiinomenwa-vali Erastus Prime Minister Saara Kuugongelwa-Amadhila said the public service is critical to the success of the The African Continental Free Trade Area (AfCFTA). Kuugongelwa-Amadhila is of the opinion that the implementation of the agreement will rely on the competence and skills of public servants in the AfCFTAmember states. “As public servants, we are expected […]
By:Nghiinomenwa-vali Erastus The Old Mutual Foundation has received 400 applications from hopeful entrepreneurs seeking seed funding from its Sustainable Economic and Empowerment Drive (OM SEED 2.0). After the evaluation process, Foundation identified 10 outstanding entrepreneurs from regions across the country who will now compete for the opportunity to receive their share of N$300,000 in funding […]
By:Nghiinomenwa-vali Erastus The Meat Corporation of Namibia (Meatco) says it aims to pay producers on time and ensure they maximise returns from the country’s lucrative niche markets. In a statement this week, the company revealed it is certain of another profitable month of July. This is after the company, in a period of two months […]
By:Justicia Shipena Namibia exported commodities worth N$4.9 billion to Africa in June, according to the Namibia Statistics Agency (NSA). The continent currently awaits to implement the African Continental Free Trade Area (AfCFTA). The AfCFTA is one of Agenda 2063’s major projects, a high-ambition trade agreement with a broad scope that incorporates crucial aspects of […]
By:Nghiinomenwa-vali Erastus The government is entitled to receive a share of any successful petroleum project once production has started, said the acting Managing Director of the National Petroleum Corporation of Namibia (Namcor) Shiwana Ndeunyema. In a presentation titled,“The Economic Impact of the Oil & Gas Discoveries on Namibia” last week, Ndeunyema said the country will […]
By:Staff writer Expected El Niño weather conditions are likely to further increase farmgate prices within the horticulture sector. This is after farmgate prices, the price of goods purchased directly from a farm, without markup added by retailers, have already outpaced retail prices in recent times, and have recorded a more substantial yearly increase. El Niño […]
By:Nghiinomenwa-vali Erastus Namibia imported N$340,8 million worth of rice between June 2022 to June 2023, according to the latest Namibia Merchandise Trade Statistics Bulletin. The trade imports are highlighting the market gaps that exist as the country progresses in producing its food, given the food insecurity faced by various communities. Furthermore, it also posts questions […]
By:Nghiinomenwa-vali Erastus The official opposition leader McHenry Venaani said Namibia is falling short in upholding the principles of equality and inclusivity as outlined by the United Nations. At a press conference he held in Windhoeklast week, Venaani said 68% of marginalised communities live in poverty while 77% face unemployment, which, he said, is not normal […]
By:Nghiinomenwa-vali Erastus The Meat Board of Namibia has indicated that the Rundu Abattoir is expected to resume operations in the coming months, with estimates pointing to the end of August 2023. The renovated abattoir will slaughter for both domestic and export, however, it will start with the domestic market first, and it will be operated […]
By:Nghiinomenwa-vali Erastus Putting Namibia’s diamond export to Botswana and the country’s trade partnership with South Africa aside, the Wenela Border Post has been channelling more Namibian products into Africa. In the lens of promoting intra-Africa trade, statistics from the Namibia Statistic Agency show that between February and May 2023, Namibia exported N$3,2 billion worth of […]