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SPYL Breathes Fire Over Air Namibia Planes Purchase …ex-employees say they have been kept in the dark
By:Megameno Shinana The Swapo Party Youth League (SPYL) has lashed out at the now defunct Air Namibia’s liquidators for selling off some aircrafts to WestAir while ex-workers of the national airline have bemoaned being kept in the dark about the purchase. SPYL’s Ephraim Nekongo said that the transaction reinforces the suspicion that Air Namibia was […]
Transport Category Continues to Drive Overall Inflation
By:Justicia Shipena Namibia Price Consumer Index (NCPI) bulletin for December 2022 shows that prices for the operation of personal transport equipment increased by 22.6%. Last week, the Namibia Statistics Agency (NSA)released its NCPI bulletin for December last year. The increase resulted mainly from price increases recorded in lubrication which jumped from 3.0% to 11.2%. “Prices […]
NamPower Partners With IPPs To Boost Internal Generation Capacity … IPPs rake in almost a billion in revenuein two years
By:Nghiinomenwa-vali Erastus For the past two years, the country’s power utility NamPowerhas sourced electricity from local Independent Power Producers (IPPs) worth N$920 million. According to updates received by The Villager from NamPower, the power utility has indicated that it has signed 19 power purchasing agreements (PPAs) with local IPPs to enable more local electricity generation […]
Agriculture Requires New Vision
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 […]
The unconventional thoughts Are We Making a Mockery of Agriculture?
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 […]
Nam Ranked Among Africa’s Most Advanced Countries
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 […]
Nam’s Energy Petroleum Commissioner To Lead Investment Discussions at Invest in African Energy Event in London
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 […]
Standard Bank Sponsors Never Walk Alone Project
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 […]
Recent Showers Insignificant For Hydro Electricity Generation
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 […]
Hardap Receives An Integrated Food Production Project
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 […]