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Namibia / Page 29

Active SIM Cards Decline by 5%

16 September 2024

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 […]

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HDF says its Green Hydrogen Power Plant Could be Namibia’s Backup Energy Source

11 September 2024

  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 […]

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Near Half-Century School Lacks Proper Infrastructure

11 September 2024

  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 […]

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World Bank Appoints First-Ever Joint Resident Representative in Namibia 

11 September 2024

    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 […]

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Govt Could Slash N$6.77 Billion in Bonds by 2025

10 September 2024

  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 […]

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Global Food Prices Drop in August – FAO … sugar and meat costs fall

10 September 2024

  By: Justicia Shipena   Global food prices saw a slight decrease in August, driven by significant drops in sugar, meat, and cereal costs, according to a recent report from the United Nations Food and Agriculture Organisation (FAO). The FAO Food Price Index, which monitors the monthly price changes of globally traded food commodities, averaged […]

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Ghana Resumes Namibian Beef Imports After Long Hiatus

10 September 2024

  By: Nghiinomenwa-vali Erastus   In June 2024, Ghana rejoined the list of African countries purchasing Namibian beef after a prolonged break, with some northern farmers calling the sudden stop“economic sabotage.” According to the Livestock and Livestock Board of Namibia’s July 2024 statistics, Ghana imported 22,581 kilograms of Namibian beef after a long pause. Before […]

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Mbumba Welcomes Chinese Support in Agriculture Sector  …As China Pledges US$51 Billion to Africa

7 September 2024

    By: FransinaNghidengwa   President NangoloMbumba has called for strengthened cooperation between Namibia and China to bolster the country’s agricultural sector, emphasising the need for expertise and equipment to ensure agricultural success. Mbumba made these remarks at the ongoing Forum on China-Africa Cooperation (FOCAC) in Beijing, China. His appeal follows Chinese President Xi Jinping’s […]

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!Gawaxab Urges Namibia to Take Lead in Green Hydrogen Development

7 September 2024

  By: Justicia Shipena   Bank of Namibia (BoN) Governor, Johannes !Gawaxab, has emphasised that Namibia must not become a mere bystander in its own green hydrogen development. Speaking at the Global African Green Hydrogen Summit, !Gawaxab urged Namibian banks and financial institutions to take an active role in combating climate change and supporting the […]

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Windhoek Plans to Establish Climate Change Steering Committee

7 September 2024

  By: Nghiinomenwa-vali Erastus   The Windhoek municipality plans to establish a Climate Change Steering Committee (CCSC) to address its climate-related challenges associated with increasing temperatures and decreasing rainfall. This plan was approved during a Municipal Council meeting held on 29 August 2024. The committee will oversee the implementation of the city’s Integrated Climate Change […]

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