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Namibia / Page 24
BRICS Pushes for De-Dollarisation
By: David Shoombe The inclusion of two more African economic powerhouses in this year’s BRICS annual summit signals a potential shift in African countries’ economic diplomacy and strategic alliances toward this developing institution. The summit, which took place earlier this year, welcomed the United Arab Emirates, Iran, Egypt, and Ethiopia as new members […]
Elundu Police Post Constructed for N$7.7 Million
By: Fransina Nghidengwa The newly inaugurated Elundu Police Post in the Omundaungilo Constituency, Ohangwena region, was constructed at a cost of N$7.7 million. The facility was officially opened on Thursday by the Minister of Home Affairs, Immigration, Safety, and Security, Albert Kawana. According to Kawana, the police post features prefabricated structures, including two […]
NAB Aims to Commercialise Mahangu
By: Nghiinomenwa-vali Erastus The Namibia Agronomic Board (NAB) is pushing to commercialise mahangu, a staple crop widely grown for household consumption in Namibia, yet often imported during times of drought. In its latest newsletter, Gilbert Mulonda, NAB’s General Manager of Agronomy and Horticulture, stressed that boosting mahangu productivity is key to its commercial […]
Namibia Advances in Training and Deploying Pharmaceutical Professionals
By: Abigail Nalisa The University of Namibia (UNAM) School of Pharmacy has graduated over 250 pharmacists and nearly 100 pharmaceutical technicians since its inception in 2010. The school was inaugurated by Namibia’s Founding President, Dr. Sam Nujoma, as part of a national strategy to strengthen the country’s healthcare system and workforce. Speaking during […]
Repo Rate Cuts Could Revive Construction Sector
By: Dolly Menas The recent 25-basis point repo rate cut by the Bank of Namibia (BoN) could bring much-needed relief to the property sector, especially in residential property financing. The BoN’s Monetary Policy Committee (MPC) unanimously decided last week to reduce the repo rate to 7.25%, following a similar cut in August. Simonis […]
TransNamib and Partners to Return N$152 Million Grant Funding to Donors
By: Justicia Shipena The HyRail Project may soon return €7.6 million (approximately N$152 million) from a €30 million grant provided by the German Federal Ministry of Education and Research (BMBF). Spearheaded by TransNamib in collaboration with Hyphen Technical, Belgium’s CMB.TECH, the University of Namibia (Unam), and Traxtion, the HyRail project aimed to introduce […]
One River, Four Nations: The Orange River’s Economic Lifeline
By: Nghiinomenwa-vali Erastus The Orange-Senqu Basin, spanning over 1 million square kilometers across Southern Africa, supports more than 60% of the region’s economy despite contributing less than 5% of its water resources. This makes the basin one of the most complex and challenging water systems in the world due to its transboundary nature. […]
Namibians Urged to Invest in Aquaculture
By: Mathias Hangala The Deputy Director for Aquaculture and Inland Fisheries at the Ministry of Fisheries and Marine Resources, John Hamukwaya, has encouraged Namibians to explore opportunities in the aquaculture industry. Hamukwaya highlighted that the government has initiated nine projects across the Zambezi, Omaheke, Hardap, Omusati, and Oshana regions to guide and […]
Chula Chula and Julinho AFC Triumph in Final Dr. Hage Geingob Cup
By: Hee-Dee Walenga The 10th and final edition of the Dr. Hage Geingob Cup took place on Saturday afternoon at a packed Independence Stadium in Windhoek. Sponsored by MTC, Bank Windhoek, and Namibia Breweries Limited, the tournament has seen a total investment of N$40 million from the three companies since its inception. The […]
NamRA Generates N$4.3 Billion Through Tax Amnesty
By: Dolly Menas and Kavee Vezemburuka The Namibia Revenue Agency (NamRA) has so far collected N$4.3 billion through its tax amnesty programme, which began on 1 April 2023. The initiative was designed to provide relief to taxpayers struggling with outstanding tax liabilities, offering a 100% waiver on interest and penalties. To qualify, taxpayers […]