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OTA Allocates 54 Farming Units For Food Production
By: Ludorf Iyambo The Ondonga Traditional Authority (OTA) has confirmed that land in OkashanaKuukongoWanehale has been leased to individuals for agricultural purposes. This was done under the directive of King (Tate Omukwaniilwa) FillimonShuumbwaNangolo. At a press conference this week, OTA chairperson John Walenga stated that a professional land surveyor was engaged to subdivide […]
65% of Namibian Pork Imports Came from Germany in August
By: Nghiinomenwa-vali Erastus Namibia imported 724,174 kg of pork, primarily in the form of offal, processed, and fresh pork, to supplement local production last month. This was revealed by the Namibia Livestock and Livestock Product Board (LLPB) in its monthly statistics and commentary report for August 2024, released last week. According to the […]
Okongo Farmer Grows Over 60 Banana Trees
By: Loise Shiimi A farmer from Okongo, Elia Wanghende who has been conducting research for many years on how to grow and maintain bananas, has managed to grow 60 plantain trees on his farm. Speaking to Eagle FM, Wanghende shared that a common misconception about certain fruits, like bananas, being unsuitable for the northern […]
Fraud Across Payment Systems Decreases
By: Dolly Menas The Bank of Namibia’s Financial System Stability Committee (FSSC) has reported a decline in fraud across payment systems in the country. The committee emphasised that Namibia’s payment systems and infrastructure remain secure, playing a crucial role in ensuring reliable transactions and contributing to the overall stability of the financial system. This […]
Sweeping Reforms Required to Support the Agricultural Sector
By: Nghiinomenwa-vali Erastus Economic leaders are calling for significant reforms to agricultural laws and policies to enhance output and growth in Namibia’s agricultural sector. Recently, Otjozondjupa Governor James Eurikua called for a review of the country’s livestock marketing strategy to reduce live exports. Similarly, Bank of Namibia Governor Johannes !Gawaxab emphasised the need for […]
Oshakati Hospital Commissions New Hemodialysis Machines
By: Ludorf Iyambo On Friday, Minister of Health and Social Services, Dr. Kalumbi Shangula, officially commissioned a new Dialysis Unit equipped with 15 hemodialysis machines at the Oshakati Intermediate Hospital. Shangula highlighted the long-standing need for renal dialysis services in the area, noting that patients had previously been required to travel great distances to […]
Namport Mandates Local Participation in the Oil and Gas Sector
By: Hertha Ekandjo The Namibia Ports Authority (Namport) has implemented a policy requiring all service providers in the oil and gas sector, looking to establish operations at the country’s ports, to include Namibian participation. This initiative aims to facilitate skill transfer to local professionals. Nangula Hamunyela, Chairperson of Namport’s Board of Directors, announced this […]
Govt Debt Reaches N$157.6 Billion Amid Economic Challenges
By: Hertha Ekandjo The government debt has surged by 8.3%, reaching N$157.6 billion at the end of June 2024, driven primarily by increased issuance of Treasury Bills (TBs) and Internal Registered Stock (IRS), alongside a rise in external borrowing. This rise in external debt is largely attributed to recent loans from the KFW Development […]
Current Laws Lack Clarity on Green Hydrogen Definition – Alweendo … minister warns of potential hurdles in global markets without standardisation
By: Justicia Shipena – New York, USA Mines and Energy Minister Tom Alweendo has emphasised the urgent need for specific legislation to regulate the growing green hydrogen industry. Speaking at the Namibia Green Hydrogen Forum in New York, Alweendo said the current legal framework lacks clear definitions for green hydrogen, a gap that […]
Namcor Repays Half of N$1,1 Billion Debt
By: Staff writer Namcor says it has spent N$550 million to settle some of its N$1,1 billion debt to international oil seller Gunvor. This comes after the company received a N$1.2 billion lifeline from state coffers. Namcor said the bailout helped it restore its financial credibility and strengthen relationships with trading partners. In […]