By:Staff writer An increase in the interest rate could not deter the vehicle sales sector recording its highest sales in nearly six years. At least 1,226 units were sold in March, compared to 1,280 units sold in July 2017. Bank of Namibia (BoN) is set to announce the Monetary Policy Committee’s (MPC) decision on the […]

By:Hertha Ekandjo and Nghiinomenwa-vali Erastus Mining Commissioner Isabella Chirchir said mining companies are not here to operate forever as the minerals are not infinite. Chirchir was reacting to the news on the phased closure of Namibia’s largest gold mine in the country, B2Gold’s Otjikoto mine. For the first two months of 2023, the gold miners […]

By:Nghiinomenwa-vali Erastus About 43% of households countrywide have no toilet facilities and use bush, riverbeds, and fields. This is common in rural areas with 64.6% compared to urban areas at 22.6%. This is according to the Namibia Census Mapping Reports (2019-2021) by Namibia Statistics Agency (NSA) that was released at the end of 2022. Most […]

By:Staff writer Debt in the private sector, inclusive of Namibian households and corporates, together with non-residents has seen an annual increase of 5.1%. This is after it stood at N$118.9 billion for February, a N$693 million increase from January this year, exceeding expectations. According to the analysts at Simonis Storm Securities, the biggest drivers of […]

By:Nghiinomenwa-vali Erastus Namibia has 252 vacancies for agricultural scientific officers and technicians all over the country, said the Ministry of Agriculture, Water and Land Reform. The Ministry has 147 Agriculture Development Centres (ADCs) around the country that offer technical and advisory services. Spokesperson in the MinistryJona Musheko said the agricultural sector is a source of […]

By:Mauricia Koopman The Minister of Trade and Industrialisation Lucia Iipumbu said increased global trade and the dynamics in the international supply chain have created new demands on the role of customs administrations and other government agencies on trade facilitation. Ipumbu said the business community tries to move goods faster, at reduced cost to maintain competitiveness […]

By:Nghiinomenwa-vali Erastus By July 2022, more than 40% of Namibia’s overall population and around 80% of its urban population currently live in shacks and rented rooms in informal settlements, according to the Shack Dwellers Federation of Namibia’s (SDFN) 2022 annual report released recently. The Federation indicated that those living in the ghettos have little or […]

By:Fransina Nghidengwa The Director General of the National Planning Commission Obeth Kandjoze says the sixth National Development Plan will be delayed. According to the Kandjoze, Cabinet advised concentrating efforts on prioritising Harambee Prosperity Plan 2 programmes and the unfinished business of the NDP5, which itself has been delayed to the 2023\24 to 2024\25 financial years, […]