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Khomas Tops Inflation In December 2022 …as it pays lowest for chicken and frozen goods
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 […]
Nghipondoka Blames Teacher, Refuses To Apologise
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 […]
Capricorn Appoints New Corporate Affairs Manager
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 […]
Does Green Energy Transition Bode Well For Namibia? .. as expert warns against pursuing green imperatives at the expense of developing our own fossil-fuel resources.
By: Staff writer Namibia’s planned energy transition would immiserate the country, while contributing virtually zero to global emissions reductions, writes American science policy analyst Perry Green. Green says Namibia’s renewable energy ambitions would have no real impact on global carbon emissions as the country’s contribution to global carbon-dioxide emissions is insignificant. The government has committed […]
Sun Shines On Namibian Grape Growers
By Fred Meintjes It is a tale of two countries for Namibian and South African grape growers along the Orange River. It seems that grapes from Namibia had much better fortunes this season than those produced by growers on the South African side of the Orange River. With the harvest just about complete, Namibia is […]
Sintana Energy Announces Extension To PEL 87, Offshore Namibia
By:Staff writer In its year-end review and 2023 outlook, Canadian oil and gas exploration company, Sintana Energy, said the Namibian government has approved extension to its Petroleum Exploration License 87 (PEL 87). “2022 was a seminal year in Sintana’s history underpinned most notably by our entry into Namibia in March,” said Robert Bose, President and […]
Community Housing Group Wins Prestigious Award …… amidst a dire housing situation in Namibia
By Staff writer The critical housing situation in the country has made housing a luxury for many Namibians. At least 16% of the population live in shacks or improvised housing units. Statistics from the Namibia Statistics Agency show that about 336 000 Namibians have been condemned to live in corrugated iron-sheet shack dwellings. Namibia faces […]
Half Of Sub-Saharan Africa Is In The Dark
By:Nghiinomenwa-vali Erastus An assessment by the World Bank and International Monetary Fund’s economists indicated that about half of the population of Sub-Saharan Africa does not have access to electricity. Those with electricity pay on average nearly twice as much as consumers elsewhere in the world. Power shortages cost the continent about 2-4% of GDP a […]
Investors Continue To Channel Capital To Govt’s Fixed Income Assets
By:Nghiinomenwa-vali Erastus Between 1 December 2022 and 6 January 2023, investors have offered N$9,7 billion to the government in exchange for treasury bills (TBs), the Bank of Namibia TB Auction results for the 01, 08, 15, 22 December 2022, and 05 January 2023 show. The government was, however, only able to borrow N$5,7 billion, resulting […]
SACU Yet To Finalise Tariff Offers For The AfCFTA
By: Nghiinomenwa-vali Erastus Namibia, under the configuration of the Southern African Customs Union (SACU) is yet to finalise her tariff offer for the Africa preferential trade arrangement. Ministry of industrialisation and trade, Lucia Iipumbu, made a presentation at a discussion hosted by the UNDP in November last year on the progress Namibia has made with […]