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Namibia / Page 146
National Housing Enterprise Appoints New Board
By:Laban Rasalus Minister of Urban and Rural Development Erastus Uutoni has charged the newly appointed National Housing Enterprise (NHE) board to rise to the occasion and to do everything within their power and competence to re-position and help the entity serves its purpose. The board was inaugurated on Friday. Namibia Civil Aviation Authority Executive Director […]
CRAN Kicks Off 700MHz And 800MHz Auction Process
By:Staff writer The Communications Regulatory Authority of Namibia (CRAN) has launched the auction process to allocate frequencies in the 700MHz (684MHz-790MHz) and 800MHz (790MHz-862MHz) bands for the provision of 4G and 5G services. Under the terms of the ‘Request to Bid’ published on 17 February, applicants must hold a Class Comprehensive telecommunications service licence (ECS […]
Strengthen political will to achieve nutrition targets – African leaders
By:Staff writer There is a need for more commitment and accountability in Africa’s effort to achieve continental and global goals for nutrition. The call comes from leaders of African Union member states during a nutrition-themed side event during the 36th Ordinary Session of the Assembly of the African Union, co-organized by the Kingdom of Lesotho, […]
Africa Youth Bulge, A Demographic Dividend
By:Nghiinomenwa-vali Erastus Africa has the youngest population in the world with 22.7% of the world’s total youth population of which 454.5 million are between 15 and 34 years. This was said by Wamkele Mene, Secretary-General AfCFTA Secretariat, in his opening remarks at the First African Union Youth Town Hall Meeting on the margins of the […]
Negative Outlooks For Fish, Crop Production
By:Staff writer The outlook from Namibia’s fishing sector looks negative for 2023 mainly due to the ongoing illegal fishing by Angolan companies in Namibian waters, says Simonis Storm. It has been reported that the Namibian economy has lost billions as a result of illegal, unreported and unregulated fishing. “This has negatively impacted Namibia’s stock of […]
Cash & Carry Rundu Shuts Down, Residents Scavenge Around For Expired Food
Annakleta Haikera Mukwe constituency councillor and chairperson of the Kavango East Regional Council, Damian Maghambayi has questioned whether the leaders in his region are aware that people survive by scavenging for eating expired food. The development comes as Cash and Carry supermarket in Rundu in the Kavango East was on Wednesday shut down by the […]
Education scoops 28.9% of the national budget, with around 81% marked salaries
By:Nghiinomenwa-vali Erastus The country’s Finance Minister Iipumbu Shiimi has joined the public in demanding more from the education facilitators. Shiimi’swas made when he delivered his 2022/23 Budget Statement in Parliament on 24 February 2022. Despite the unsatisfactory performance coming from the education facilitators, he still made sure they got 28.9% of the national budget. He, […]
Angolans to Pay For Services Using Kwanza In Nam In The Future
By:Staff writer Namibian citizens will be able to shop and pay for services in Namibian dollars in Angola in the future. This measure once considered will also allow Angolan citizens to carry out commercial transactions in their currency in Namibian soil – is the result of a memorandum of understanding signed last week by the […]
Tourism Sectors Best Performer Among Other Sectors
By:Hertha Ekandjo Among other sectors, the tourism sector could arguably be one of the best-performing sectors of the Namibian economy in 2023. While business and conference tourism is still below 2019 levels, this could materially increase as certain hospitality establishments already indicate that pilot, as well as the government’s green hydrogen projects, have increased […]
Indian Govt Opposes Hindustan Zinc’s $2.98 Billion Deal For Vedanta Zinc Assets
By: Staff writer The Indian government has opposed Hindustan Zinc’s planned $2.98 billion acquisition of zinc assets from top shareholder Vedanta Ltd, amid concerns over valuations and the deal being a “related party transaction”. Vedanta’s sale of its zinc assets in Namibia and South Africa to Hindustan Zinc is critical to ensuring liquidity at parent […]