By:Josef Kefas Sheehama At least 70% of Namibians depends on agriculture for employment, income and food security. Yet the value added to the sector in the third quarter (Q3) of 2022 was about N$3.2 billion in nominal terms, representing 6.4% of GDP, says the Namibia Statistics Agency. The growth rate of the agriculture sector has […]
By:Gabriel Kandjengo kaMkwaanyoka For the third quarter of 2022, the livestock and crop sub-sector, which made up the agricultural sector, managed only to contribute 3.4% and 0.4% to the country’s three months output. Mind you, the quarterly GDP was valued at N$35,5 billion. So now take your calculator and calculate the contribution of the agricultural […]
By:Staff writer A US-based financial website has placed Namibia among the 12 most advanced countries in Africa able to use their natural resources to boost their economies. A recent report posted on its website, Insider Money, an organisation headquartered in New York, based its finding on the 2022 World Intellectual Property Organisation’s Global Innovation Index […]
By:Staff writer Namibia’s ministry of mines and energy petroleum commissioner will lead discussions on investment and opportunities emerging across Namibia’s energy landscape The African Energy Chamber (AEC) on Monday announced that Namibia’s petroleum commissioner Maggy Shino will speak at the Invest in African Energy New Year Reception in London on January 26. Leading discussions on […]
By:Fransina Nghidengwa Standard Bank handed over a cheque of N$400000 to the Never Walk Alone project yesterday. The handover was done by the bank’s chief executive officer, Mercia Gaises who recalled her barefoot journey while going to school in the Kunene region. Gaises said about 90 000 children in the country go to school barefoot […]
By:Nghiinomenwa-vali Erastus Electricity utility Nampower said the recent rains had no significant impact on the Ruacana catchment area to improve local electricity generation. This has worsened local power supply security and increased dependence on imports at the time Namibia’s electricity suppliers are facing power crunches. However, there are some hopes as reports coming from Angola […]
By:Hertha Ekandjo The Hardap region received an integrated food production project which is anticipated to span over 100 hectares, with the pilot phase beginning on an initial 5 hectares. The project is expected to shore up agricultural production, boost local economy and create a long-term pathway for self-sufficiency. The project was launched by the Namibia […]
By:Justicia Shipena The Khomas region tops the list when it comes to inflation rates for the month of December 2022, according to Alex Shimuafeni, Namibia Statistics Agency (NSA) statistician general and chief executive officer . NSA yesterday released its Namibia Price Consumer Index (NCPI) bulletin for last December. Shimuafeni said the zonal inflation rates for […]
By: Hertha Ekandjo and Justicia Shipena The education minister Anna Nghipondoka says she will not apologise to teachers after blaming them for the class of 2022 NSSCO and NSSCAS outcomes. Nghipondoka criticised educators recently when announcing the results of the class of 2022 in which less than 6 000 learners from 38 019 qualified to […]
By: Staff writer Capricorn Group has appointed Festus Nakatana as its corporate affairs manager, effective 1 January 2023. Festus Capricorn ‘s brand and corporate affairs department in the specialised role of developing and implementing the group’s corporate affairs strategy, which includes building and maintaining an effective investor relations programme and coordinating the publication of […]