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Namibia / Page 27
More Than 600,000 Micro Lending Loans Issued in 2023
By: Nghiinomenwa-vali Erastus Registered microlending entities in Namibia issued a total of 665,290 new loans with a combined value of N$3.6 billion in 2023. This represents a slight increase of 0.8% compared to the previous year, according to the Namibia Financial Institutions Supervisory Authority (Namfisa) 2023 annual report, released last week. There are […]
Namib Mills Probes Recalled Instant Porridge
By: Hertha Ekandjo Namib Mills is investigating the recall of its Top Score vanilla-flavoured instant maize porridge in South Africa following the tragic deaths of three children who consumed the product. The recall was reported in South Africa on Friday. Namib Mills’ Senior Brand Manager, Marné Bouwer, confirmed the company is aware of […]
NDTC Backs Futsal Namibia
By: Hee-Dee Walenga Futsal Namibia officially launched its fourth season on Friday at DTS in Olympia, Windhoek, with the Namibia Diamond Trading Company (NDTC) as the league’s primary sponsor. During the launch, NDTC handed over new kits featuring its logo to all 16 Premier League teams. In addition to the kits, NDTC has […]
Trapped or Flourishing In SACU- The Namibian Dilemma
By: Nghiinomenwa-vali Erastus An analysis of Namibian trade statistics within Africa over the past five years reveals that approximately 71% of the country’s trade (both imports and exports) is concentrated within the Southern African Customs Union (SACU). This highlights a lack of diversification away from SACU — a customs union of five member […]
Shapwanale, Jacobs Appointed to NYE Advisory Board
By: Staff Writer The Namibia Youth Energy Forum (NYEF) has appointed Ndapewoshali Shapwanale and Lydia Mutindi Jacobs to its Advisory Board. Jacobs has 12 years of experience in law reform, policy development, and a strong focus on the energy sector. She brings a wealth of expertise that is expected to enhance the Forum’s mission […]
NAB Targets EU Export Clearance: Talks for EU Approval Ongoing
By: Justicia Shipena The Namibia Agronomic Board (NAB) is currently in discussions with the Ministry of Agriculture to secure third-country approval from the European Union (EU). This approval would certify Namibia’s agricultural exports as safe and fit for human consumption, allowing them to access the EU market. NAB Chief Executive Officer Fidelis Mwazi […]
Southern African Bank to Fund Lobito Railway Corridor…initiative to challenge Namibia’s ambition to become Africa’s gateway
By: Nghiinomenwa-vali Erastus The Lobito Corridor Railway Project, which will connect the town of Lobito in Angola and its under-construction oil refinery to DRC, has secured US$200 million (N$3,5 billion) in funding. The funding will come from the Development Bank of Southern Africa (DBSA) and the U.S. International Development Finance Corporation (DFC). According […]
Road Fatalities Reduced in 2024
By: Hertha Ekandjo Road fatalities in Namibia have dropped significantly from 24.8 deaths per 100,000 in 2019 to 14 deaths per 100,000 in 2024. This was revealed by the Motor Vehicle Accident Fund (MVA) Chief Executive Officer, Rosalia Martins-Hausiku. “Despite the challenges faced by the MVA Fund, the efforts it has invested over […]
Otavi Residents and Businesses Owe N$75 Million in Unpaid Fees
By: Uakutura Kambaekua The municipality of Otavi is grappling with a severe financial crisis due to widespread non-payment of taxes and service rates. In response, the council has urged consumers to settle their outstanding debts or arrange payment plans to avoid service disconnections. Otavi Chief Executive Officer (CEO) Sakaria Haulofu told The Villager […]
Muakotoko Kehi Rovakuate Venu
By: Nghiinomenwa-vali Erastus “Count yourselves as equals in your motherland,” remarked Otjozondjupa Governor James Unomasa Uerikua as 98 Batswana of Namibian descent were formally handed over by the Botswana government to Namibia. The group was received at the Gam reception area on Friday. It was revealed that these descendants had requested relocation to […]