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Joint SADC Agriculture Development Plan Needed, Says Parliamentarian
By:Hilya Ngolo Member of Parliament for Popular Democratic Movement (PDM), Vipuakuje Muharukua has called for the Southern African Community Development Community’s Parliamentary Forum to formulate a regional agricultural development plan. Muharukua made the call at the 53rd SADC Parliamentary Forum’s Assembly which focused on the theme, “Modernising Agriculture to Address Food Insecurity and Youth Unemployment […]
Food And Non-Alcoholic Beverage Categories See Major Price Adjustments
Justicia Shipena Food and non-alcoholic beverages were among the categories that saw the largest levels of price adjustments during the past month, according to the Namibia Statistics Agency (NSA). On Tuesday, NSA released its Namibia Consumer Price Index report which examines the monthly inflation rate performance in the country. Food and non-alcoholic beverages encountered price […]
Amupanda Turns Down ACC Cooperation On Higher Education Minister Corruption Probe
By:Justicia Shipena The Anti-Corruption Commission’s request for Affirmative Repositioning leader, Job Amupanda to offer information about allegations of corruption against the Minister of Higher Education, Training and Innovation hit a brick wall. Amupanda recently made several accusations on social media, alleging how Minister Itah Kandjii-Murangi had been syphoning off travel and subsistence reimbursements from the […]
Lobito Oil Refinery Will Be The Biggest In Angola And Southern Africa … with 200,000 barrels per day
By:Nghiinomenwa-vali Erastus The planned Lobito Oil Refinery, in which Angola offered Namibia equity, will be the largest in Angola, with 200,000 barrels per day expected to be refined at that coastal town. This is according to a presentation madeto a Namibian delegation by the Sociedade Nacional de Combustíveis de Angola (Sanangol), a company that oversees […]
The Importance of Retirement Planning
By:Imilda Gases Retirement planning is of paramount importance for individuals to secure their financial future and to maintain a comfortable lifestyle after they stop working. A tragedy that we often see in Namibia is that after a successful working career, our elders fall into poverty. Failure to adequately plan for retirement can result in serious […]
Paratus, Ceragon Sign Multi-Year Partnership In Angola, Mozambique And Namibia
By staff writer Telecommunications and network company Paratus and wireless communications company Ceragon Networks on Monday signed a multi-year agreement to provide high-capacity wireless offshore communication solutions to the oil and gas industry in Angola, Mozambique and Namibia. The agreement effectively combines Ceragon’s world-class stabilising technology for offshore assets, including rigs and or floating production […]
Diamond Industry Experts Hail Botswana-De Beers Deal
By:Staff writer Diamond industry experts are hailing the signing of a 10-year diamond sales agreement between the De Beers Group and Botswana, Africa’s largest diamond producer. Under the deal, Botswana will progress from receiving 30% to half of all diamonds that De Beers mines in the southern African country. The deal was signed at the […]
Parly Passes Bill To Regulate Crypto And Digital Assets
By: staff writer Parliament is making headway in establishing its position on the digital financial landscape. The National Assembly recently approved a pivotal bill, the objective of which is to legalize and govern virtual assets, such as cryptocurrencies. Now in the stage of being officially enacted, the law is a cornerstone for Namibia’s journey into […]
Nam’s Economic Outlook: Managing Global Change and Taking Advantage Of New Opportunities
By:Tyrone van Wyk Like many other countries, Namibia is faced with a challenging economic environment created by global macro changes. The immediate financial outlook for Namibia is examined in this article. Additionally, the potential that green hydrogen as an emerging business provides, as well as the current changes in the oil industry. Global Economic Trends […]
Billion Dollar 100MW Planned Solar To Feed The Grid And Export
By:Nghiinomenwa-vali Erastus O&L Nexentury’s planned N$1 billion solar plant will be connected to one of Nampower’s largest substations and feed in the country grid. The plant, which will be the country’s largest, will contribute to the local generation as an independent power producers. O&L Nexentury announced this in a statement on Friday, stating that “the […]