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Namibia / Page 116
Avoid Single Country Concentration Risk
By:Josef Kefas Sheehama Namibia is an upper-middle-income country. It relies on mining, agriculture, and fishing. Uncertainty may remain, but it can be transformed into planned uncertainty, with no surprises and with contingency plans in place. The Covid-19 pandemic and the ongoing, Russia invasion of Ukraine, and rising tensions between China and the United States have […]
Individual Wealth A Better Measure Than GDP
By:Nghiinomenwa-vali Erastus The Africa Wealth Report(AWR) 2023 has indicated that private wealth is a far better measure of the financial health of an economy than Gross Domestic Product (GDP). According to the report, in many developing countries, a large portion of GDP flows to the government and therefore has little impact on private wealth creation. […]
The Streets of Okuryangava
By:Hertha Ekandjo Mid-day, 2 February 2021. My cousin Zama comes home with a plastic of half-bread and Drink-O-Pop. “Bra, kom eet,” (bra, come eat) he shouts in Afrikaans, a language he just learned from the dusty streets of Tagtag(80). I quickly rush to the fridge, grab a bottle of water and fast, fast dilute the […]
PM HighlightsImportance Of Local Trading At The 10th Opuwo Annual Trade Fair
By:Uakutura Kambaekua Under the theme,”Promoting Sports, Tourism, and Trade for Sustainable Development”,the 10th edition of the annual Opuwo Trade Fair is underway at the Epupa Open Market Complex. The event kicked off , at a slow pace, attracting about a hundred visitors since the gates opened on Monday.There are 123 exhibitors participating at the trade […]
Schlettwein Hoping To Get Miners On Board For Desalination Plans
By:Fransina Nghidengwa The government is hoping to collaborate with mining companies on the construction of the central and coastal desalination plant. Agriculture, Water and Land Reform Minister Calle Schlettwein said this during his address to the new board of the country’s water utility, NamWater, early this week. Schlettwein reminded the new board that the water […]
High Local Prices Drive Us To South Africa, Horticulture Entrepreneur Says
By:Loise Shiimi Magano Rainhold is a young graduate from Oshakati. When she graduated in 2017 in telecommunications engineering at Triumphant College she thought life would be easier. She, however, struggled to find a job. Very soon enough, she came to the conclusion that staying home won’t pay her bills and that she needed to to […]
N$826 Million Allocated To Safeguard Equity Investment In Green Hydrogen …As Cabinet approves feasibility and implementation agreement
By:Justicia Shipena The Namibian government has taken decisive action by mobilising an impressive sum of over €40 million (N$825.4 million) for the green hydrogen project, the Office of the Presidency has said. This substantial funding aims to strategically de-risk the government’s equity investment in the ambitious green hydrogen project. With a vision to establish a […]
N$5.3bInvested In Renewable Energy Generation
By:Nghiinomenwa-vali Erastus From 2014, local and foreign investors have poured in N$5,3 billion to generate electricity from alternative/renewable sources in the country, the Electricity Control Board’s (ECB) Chief Executive Officer, Robert Kahimise, said. The N$5,3 billion includes investment by the independent power producers (IPPs) under Namibia’s Renewable Energy Feed-In Tariff (REFIT), together with NamPower’s renewable […]
Radio Is The Preferred Medium For Receiving News
By:Nghiinomenwa-vali Erastus In a survey conducted last year, Vision Africa Research Services has highlighted that 40,7%people depend more on radios for their news and other information. The Internet was the second source at 23,6%, followed by TV. Newspapers are the third source of news. The survey results are contained in the Communication Regulatory Authority of […]
Okakarara, Ongwediva Ink MoU To Extend Cooperation
By:Uakutura Kambaekua The towns of Okakarara and Ongwediva have signed a memorandum of understanding (MoU) to renew the cooperation agreement as both local authorities seek to realise development goals in strategic areas of cooperation. Last week the two sister towns renewed their cooperation agreement that they signed in 2017. The agreement is set to see […]