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Creating Effective Policies to Address Economic Challenges
By:Josef Kefas Sheehama Government periodically sets policies as corrective measures for the volatile economy. It is imperative that policymakers encourage economic growth by implementing policies that promote investment, innovation, and entrepreneurship. Thus, the government can help create a favourable business environment that encourages economic growth and job creation. Recent shocks and rising geo-economic fragmentations test […]
Repurpose Plastic Waste
By:Hilya M. Ngolo The United Nations Development Programme (UNDP) has collaborated with various development partners to support the government in sustainable natural resource management by introducing the circular economy. The circular economy is defined as a model of production and consumption, involving sharing, leasing, reusing, repairing, refurbishing and recycling existing materials and products as long […]
Equiano Subsea Cable To Boost Nam Internet Penetration By 7.5%
Staff writer The activation of the Equiano subsea cable in Namibia on Monday, could, according to an economic impact assessment conducted by Africa Practice and Genesis Analytics, increase internet penetration in Namibia by 7.5% by 2025. Paratus Group, the landing partner in Namibia, announced the landing of the subsea cable in Swakopmund, Namibia on 1 […]
Namcor Keen On Active Role As It Firms Up Eergy Ambitions
By Staff Writer : The National Petroleum Corporation of Namibia (Namcor) has set its sights on being more than just a passive partner in its burgeoning upstream sector. The state company is seeking to buy into assets beyond Namibia and intends to start operating its own fields in the near future. Namcor is looking to […]
Namibia And Spain Enhance Bilateral Cooperation
Hilya Ngolo The second round of political consultations between Namibia and Spain recently started to further enhance the bilateral cooperation between the two countries. The executive director of the Ministry of International Relations and Cooperation (MIRCO) Penda Naanda said that the bilateral relations to which government attaches great importance should continue to expand exponentially in […]
CoW To Cut Off Defaulting Customers By 19 June
By:Nghiinomenwa-vali Erastus From the pain of inflation to defaulting on debt payment, the City of Windhoek (CoW) is now implementing its strict credit control policy, starting on the 19 June. “Please be aware that our Debt Management division will embark on a robust enforcement of the City’s Credit Control Policy by suspending all services on […]
Annual Inflation Up To 6.3% In May
By:Staff writer Namibia’s annual inflation has gone up to 6.3% in May compared to the 5.6% recorded the month before and the 5.4% seen in May 2022. According to the Namibia Statistics Agency (NSA), food and non-alcoholic beverages were the biggest contributors, as well as alcoholic beverages and tobacco. Food and non-alcoholic beverages increased by […]
Miners Ok With Ban But Not Minister’s Discretionary Power
By:Nghiinomenwa-vali Erastus and Fransina Nghidengwa The country’s miners’ representative has indicated the Cabinet’s decision to ban the export of critical minerals are not impactful to their operation but they will engage on the discretionary power given to the Minister of Mines and Energy. The Chamber of Mines in a statement released this week in response […]
Nam Has Less To Show For Its Social Sector High Expenditure
By: Nghiinomenwa-vali Erastus Despite topping the charts on social sector spending, Namibia has posted poor human capital development outcomes, unsatisfying educational outcomes and a struggling health sector, the Minister of Finance and Public Enterprises, Iipumbu Shiimi said. Speaking at the Namibia University of Science and Technology (Nust) last week, Shiimi said the social sector has […]
Kavango West Region Has Improved The 10 Years, Claims Governor
By: Annakleta Haikera Kavango West region governor Sirkka Ausiku says the region has managed to bring services closer to the people over the past 10 years, as more public institutions opened offices and help stimulate the economy. Ausiku said this on Friday during her State of Region Address (SORA). She however added that there are […]