By:Megameno Shinana Tobie Aupindi and Katrina Hanse-Himarwa’s failure to make it into the Swapo party politburo could be a cleansing exercise by delegates to rid the party’s structure of elements whose integrity has been put into question, analysts have reasoned. Himarwa is a convict who was found guilty of corruption leading to her losing her […]
By:Annakleta Haikera Respected Rundu-based businessman Daniel Augusto De Jesus has died aged 73. De Jesus is the owner of Rundu OK Foods supermarket and hardware retailer Rundu Build It. He also owned the Grootfontein OK Foods and Nkurenkuru Market and employed more than 380 people. The entrepreneur died on 5 December at Grootfontein after a […]
By:Justicia Shipena AgriBank of Namibia says that adverse weather patterns could reduce crop yields in 2023. This week the bank released its monthly market watch for November focusing on food prices remaining high. According to the monthly market watch, a third La Niña year is anticipated which will potentially reduce yields of key crops in […]
By:Megameno Shinana The Namibia Breweries Limited’s (NBL) – a subsidiary of the Ohlthaver & List (O&L) Group – net revenue increased by 14.1% to N$ 3.021 billionfor the financial year ended 30 June 2022. This growth was predominately a result of the growth in volumes to South Africa, a 35% increase in royalty income from […]
By:Nguriye Katusuva Sense of Africa, the leading inbound destination management company in Africa, reckons that some of the anticipated risks for the tourism industry in the future are less travel by individuals. The company’s chief operations officer Paul Brinkmann said this at a two-day Namibia Tourism Board (NTB) symposium with ‘Re-imaging Stronger Together Spirit’ as […]
By:Hertha Ekandjo Mobile Telecommunications Company (MTC) has reported a profit after tax of N$793.04 million for the year ended 30 September 2022, compared to N$743.3 generated in 2021. This shows that the company’s profit went up by 6.7%. The company’s annual report for the just-ended September 2022 financial year reflects a total income of more […]
By:Josef Kefas Sheehama The gross domestic product (GDP) from agriculture in Namibia increased to U$2794.70 million in the second quarter of 2022 from U$1049.30 million in the first quarter of 2022, says the Namibia Statistics Agency. Namibia is a country where rural households depend heavily on agriculture and where farming systems are highly sensitive to […]
By:Kandjengo kaMkwaanyoka I read the Harvard Growth Lab Report on the assessment they made on Namibia about the low-hanging fruits, but I just think they were more convenient because there are so many industries that have the potential to grow. Policymakers and economic facilitators are talking about various low-hanging fruits/sectors that can be enhanced for […]
By:Staff writer Capricorn Group, through its subsidiaries, has spread the Christmas spirit to some of the most vulnerable communities in Namibia and Botswana through their regional Christmas drive. The Group’s employees from Namibia and Botswana joined in on specific activities closest to their branches or departments, painting classrooms, serving meals, donating toiletries, knitting dolls, singing […]
By:Hertha Ekandjo Fifteen households at the Hoachanas settlementin the Hardap region received conventional water metres from the Mariental rural constituency councillor Deensia Swartbooi on Friday. Hoachanas is a settlement of 3000 inhabitants in the Hardap Region of southern central Namibia, located 55 kilometres northeast of Kalkrand. These families have never had water connectivity to their […]