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Holiday Repayments In 2022 Receive Over 100 000 Applications

10 April 2023

By:Justicia Shipena In 2022, the banking industry received over 100,000 applications for repayment holidays, the Bank of Namibia (BoN) revealed last week. “During 2022 the banking industry received a total of 122,819 applications for repayment holidays,” said Kazembire Zemburuka, the BoN’s Director of Strategic Communications and International Relations . Zemburuka said the value of loan […]

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Seibeb Calls On Lithium Factory To Be Established In Uis …says Namibia should impose moratorium

10 April 2023

By:Justicia Shipena Landless People’s Movement (LPM) member of parliament Henny Seibeb has called for a community owned lithium factory to be established in Uis, with 60% shares. Seibeb also proposed the imposition of an embargo on the lithium industry. Located in the Erongo region and housing a population of roughly 3,600 people, Uis has been […]

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Namibia Cuts HIV Infection … only 8.54% of Namibians living with HIV

10 April 2023

By:Uakutura Kambaekua HIV prevalence in Namibia fell gradually from 14.4 % in 2002 to 8.54 % in 2022, a downturn that has been largely driven by the steady scale-up of antiretroviral therapy (ART), and an early and continuous partnership withthe World Health Organisation (WHO), other UN agencies, various development partners, civil society and communities. Since […]

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N$1.8 Million Donated To Malawi Not A Problem – Analyst

10 April 2023

By:Justicia Shipena International relations analyst Marius Kudumo says there is nothing wrong with Namibia donating money to Malawi for humanitarian assistance. On Thursday, Minister of Information and Communication Technology Peya Mushelenga announced that Cabinet has approved a donation of U$100,000 (N$1.86 million) to Malawi for humanitarian assistance. Mushelenga said the donation is to assist victims […]

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42% Major Sectors Reportedly Back To Pre-Pandemic Levels …as risk of economic growth remains

10 April 2023

By:Justicia Shipena Only 42% of major sectors have recovered back to pre-pandemic levels, according to the economists at Simonis Storm Securities. The Covid-19 pandemic which did not only affect major sectors but livelihoods was recorded in Namibia in March 2019. The financial research firm recently released its report on the first quarter of 2023. “Taking […]

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MUN Rejects Rössing Mine Plans On Outsourcing Employment …says it could see 400 workers lose jobs

10 April 2023

By:Justicia Shipena The Mineworkers Union of Namibia (MUN) has rejected the life of mine extension by Rössing Uranium. MUN expressed its dissatisfaction and unequivocal discontentment with the manner in which management of the uranium mine is handling the issue of life of mine extension. MUN Erongo Regional Coordinator George Ampweya said the life of the […]

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NIPDB Attracts N$161 Billion Worth Of Investors

10 April 2023

By:Hertha Ekandjo The Namibia Investment Promotion and Development Board (NIPDB) said, in its first year of operation, it has attracted N$161 billion worth of potential private investors, with the potential to create 122,000 jobs. It said N$93.5 billion worth of these are almost at the stage of finalising investing decisions, while those operating are valued […]

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Windhoek, The Stingiest With Housing Land – Report

7 April 2023

By: Nghinnomenwa-vali Erastus In its just released 2022 annual report, the Shack Dwellers Federation of Namibia (SDFN) said securing land for low-income earners is the most difficult thing in Windhoek. “Windhoek remains the greatest challenge for Shack Dwellers Federation of Namibia/Namibia Housing Action Group (SDFN/ NHAG) to secure land for almost 80% of its members,” […]

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Central Bank Agreements Could Allow Namibia To Buy Oil In Its Currency

7 April 2023

By: Justicia Shipena If Namibia signs agreements with central banks of oil producing countries, it can make it possible for the country to purchase oil in its local currency, saod  Abednego Ekandjo, the Petroleum Economist in the Mines and Energy Ministry . At present, Namibia purchases its fuel in US dollars from countries such as […]

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Communities Alongside Rivers Shouldn’t Risk Their Lives – Environment Ministry

7 April 2023

By: Annakleta Haikera The Ministry of Environment, Forestry and Tourism has cautioned communities living along the rivers in the north and northeastern regions, and the general public, not to take risks against their lives. The caution comes amidst a recent number of human-wildlife conflicts where residents from the communities, particularly from the Kavango East and […]

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