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Namibia / Page 28
Low Apple Yields Linked to Poor Agro Practices and Limited Resources
By: Loise Shiimi Namibia’s apple production has been lagging, forcing the country to rely on imports to meet local demand. In July 2024 alone, Namibia imported fresh apples worth N$10.1 million, while exporting only N$300,000 worth. Farmers believe that apple production will improve once they are equipped with the necessary resources. Asser Nghipewa, […]
Drought Takes Heavy Toll on Southern Namibia’s Tourism
By: Hileni Inane The ongoing drought has severely impacted tourism activities in southern Namibia, driving tourists to seek leisure elsewhere. Last month, Simonis Storm Securities reported that the southern regions had the lowest occupancy rates in the country for July, at 56.5%, below the national rate of 59.7%. Namibia Wildlife Resorts (NWR) […]
NIPDB Claims Billions in FDI Would Be Zero Without Its Role
By: Justicia Shipena The Namibia Investment Promotion and Development Board (NIPDB) claims that Foreign Direct Investment (FDI) over the last three years would have been nonexistent without its intervention. “For the past three years, FDI has reached billions, higher than any year since 2009,” said NIPDB CEO, Nangula Uaandja. She revealed that in […]
Etango Uranium Output Can Power 8 Large Nuclear Reactors
By: Nghiinomnwa-vali Erastus Etango Uranium, a uranium mine under construction in the Erongo Region with the capacity to produce an annual output of 3.5 million pounds (Mlbs) of uranium oxide (U3O8) has the potential to power 7 to 8 large nuclear reactors. This was revealed in a recent presentation prepared for […]
Namibia Rugby Union Caps Off a Successful Season
By: Hee-Dee Walenga The Namibian Rugby Union season came to a thrilling close on Saturday at the Hage Geingob Stadium, with finals in the women’s, reserve, and premier leagues determining the champions in each division. The day kicked off with the Women’s League Final, where defending champions and undefeated Unam Steenbokkies […]
Active SIM Cards Decline by 5%
By: Fransina Nghidengwa The total number of active SIM cards in Namibia decreased by 5% during the second quarter of 2024 (1 April to 30 June), according to the Communications Regulatory Authority of Namibia (CRAN). This decline was primarily due to a 6% drop in prepaid SIM cards. Helene Vosloo, CRAN’s Executive of Economics […]
HDF says its Green Hydrogen Power Plant Could be Namibia’s Backup Energy Source
By: Nghiinomenwa-vali Erastus A company called HDF Energy Namibia’s which is venturing into the production of green hydrogen and related technologies says it is implementing a project with the potential of becoming the country’s quick-response power reserve. It says its project will potentially replace current carbon-intensive coal and diesel-driven backups. During a recent […]
Near Half-Century School Lacks Proper Infrastructure
By: Annakleta Haikera Shakashi Primary School in Kavango East, which has existed for 45 years, has never had adequate classrooms or proper infrastructure. Located about 60 km from Divundu in the rural area of Mukwe Constituency, the school struggles with a single teacher and only 23 learners, offering education from Grades 1 to […]
World Bank Appoints First-Ever Joint Resident Representative in Namibia
By: Dolly Menas The World Bank Group has appointed Mariama Cire Sylla as its first-ever joint Resident Representative for Namibia, effective October 1, 2024. This newly created position aims to consolidate the World Bank Group’s services, offering a unified approach to addressing the country’s development needs. A Guinean national, Sylla brings over […]
Govt Could Slash N$6.77 Billion in Bonds by 2025
By: Justicia Shipena The government is set to reduce its outstanding bonds by 2025, with N$6.77 billion currently owed on GC24, GC25, and GI25 bonds, according to a report from Simonis Storm Securities. This figure is expected to shrink further as upcoming GC25 switch auctions are held. In their report on fixed income […]