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Connectivity Is Vital For Desert Lions Conservation And Human Protection
By:Staff writer The technology and communication provided by Paratus Namibia has been the key element in preserving the balance in the ecosystem of the Skeleton Coast and northwest Namibia. The area is home to the once near extinct desert lions. Due to the work of conservationist Philip (Flip) Stander, their numbers have increased from just […]
Who Are The Namibian Czechs? New Doc Explains Lesser-known Chapter Of Czechoslovak History
By: staff writer A group of 56 children came to Czechoslovakia in the 1980s but had to leave after six years; many would like to return.Many of them still consider Czechia to be their home, and they would like to return. Czech Government Commissioner for Human Rights KláraŠimáčkováLaurenčíková drew attention to the story of Namibian […]
MTC invested N$1,8 million On Its Employees’ Side Hustle
By:Nghiinomenwa-vali Erastus In its quest to promote entrepreneurship, Mobile Telecommunication Company (MTC) has started providing seed capital to its own employees to support their side hustles. MTC said it has channelled N$1,8 million in financial support to its employees to fund their part-time entrepreneurial ventures. The country has been battling access to funding for entrepreneurial […]
Poultry Big Players Allegedly Starving MSMEs With Certain Stock
By:Nghiinomenwa-vali Erastus An assessment will be carried out by the country’s competition watchdog to confirm if the Namib Mills and Namibia Poultry Industry(NPI) are truly refusing to supply Micro, Small, and Medium-sized Enterprises (MSMEs)with certain products, it was announced last week. The Namibia Competition Commission reported it received information alleging that Namib Mills and NPI […]
Diesel Price Decrease May Help Food Prices
By:Hertha Ekandjo First Capital Namibia CEO and economist Martin Mwinga says that a reduction in diesel price will have a beneficial impact on general prices, such as food prices. This comes after the Mines and Energy Ministry announced on Friday that petrol prices will remain unchanged while the prices of both diesel products will decrease […]
Fish Landings Decline Dominated 2022 …as Nam masbanger import shoot up
By:Nghiinomenwa-vali Erastus Fish catches that reach the Namibian shores for further processing and distributions have been declining for the whole of 2022. According to the latest Agricultural Bulletin released by the Namibia Statistics Agency (NSA) for the last quarter of 2022, fish landing has declined for three consecutive quarters, from Q1 to Q4 in 2022. […]
Rural Areas Dominate In Business Establishment
By:Nghiinomenwa-vali Erastus Of all the business establishments existing in the country, 56% were found in rural areas. This is according to the Census Mapping Report done between 2019-2021 by the Namibia Statistics Agency (NSA). The findings come at the time when more people are flocking to the cities for green pastures to seek employment as […]
Understanding the Context of Pensions in Namibia in 2023 – Part 2
By:Carmen Forster Minimum Contributions Even if a retirement fund member diligently preserves his/her retirement savings benefit, he/she will not be able to save enough to achieve a reasonable level of post-retirement income (around 75% of their pre-retirement salary) if the net contribution towards their retirement savings is less than 15% of their salary. Some countries, […]
Women Train On Business Ownership
By:Annakleta Haikera Fifty women entrepreneurs from all 14 regions in Namibia were trained on business skills ans knowledge this week through the Business and Intellectual Property Authority (BIPA). The initiative, according to BIPA Chief Executive Officer Vivienne Katjiuongua, is to give women skills and knowledge and technical know- how they need to utilise intellectual property […]
Agricultural Sector Continues To Perform Poorly … but the livestock sector recorded a positive growth
By:Justicia Shipena Despite all industry subsectors’ outputs increasing in 2022, the agricultural sector continues to perform poorly, according to Simonis Storm’s Agricultural monthly report for March. The agriculture industry saw an overall growth of 2.6% in 2022, with animal farming increasing by 1.2% y/y, fisheries increasing by 2.3%, and crop farming increasing by 4.3%. “The […]