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Namibia / Page 66

Namibia Readies Itself Amidst Rise in Respiratory Infections in China

9 December 2023

  By: Elizabeth Magongo   Health Minister KalumbiShangula says his ministry in collaboration with other stakeholders is implementing a National Action Plan on Health Security. This will ensure the country’s preparedness to respond to health emergencies including the recent respiratory infection among children reported in China. Shangula said this plan launched in 2020 provides a […]

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Medical Aid Funds Face Operating Losses

7 December 2023

By: Hertha Ekandjo Namibia’s medical aid funding industry is facing significant financial strains attributed to operational losses recorded by many medical aid funds, causing industry concerns. The cumulative reserve levels of all medical aid funds is also a cause for concern as it has surpassed the prudential reserve limit of 25% of the gross annual […]

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Angola, Nigeria Resist Oil Production Cut Plans

7 December 2023

By: Nghiinomenwa-vali Erastus Angola and Nigeria have expressed their intent to defy the directives by the Organisation of the Petroleum Exporting Countries and Allies (OPEC+) urging member states to reduce oil production in an attempt to stabilise the market. The Ministry of Mines and Energy (MME), in its latest Fuel Price Review Announcement, confirmed this […]

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Namibia Eyes N$372 Billion for a Sustainable Fuels Industry

5 December 2023

By: Justicia Shipena Namibia is eyeing a financial commitment exceeding U$20 billion (N$372 billion) to establish a thriving green fuels industry. President Hage Geingob unveiled this ambitious plan during the high-level segment of the 28th Conference of Parties (COP28) to the United Nations Framework Convention on Climate Change. Namibia’s green fuels ambitions were initially announced […]

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Govt Faces N$34.5 Billion Debt Repayment Challenge

5 December 2023

By: Nghiinomenwa-vali Erastus The government faces the substantial task of repaying N$34.5 billion to investors as its bonds mature over the next four years. Bonds due for repayment in this obligation include GC24, GC25, GC26, GI25, GI27, and Eurobond 2025. To mitigate this looming financial challenge, Finance minister, Iipumbu Shiimi, outlined the strategy of rolling […]

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N$200 Million To Recruit New Teachers Has Already BeenSpent – Steenkamp

5 December 2023

By: Annakleta Haikera The Ministry of Basic Education has revealed that the N$200 million earmarked for the recruitment of unemployed teachers has already been utilised. Responding to protests by hundreds of teachers who decry what they perceive as a teacher unemployment crisis, the ministry’s executive director Sanet Steenkamp said over N$200 million has already been […]

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Kavango Communal Farmers Prepare for 2024 Crop Season

5 December 2023

By: Annakleta Haikera As the rainy season unfolds, communal farmers in both Kavango regions are actively ploughing their fields in anticipation for the millet and maize season. However, some farmers are still finding it difficult due to limited access to oxens, seeds, and the high cost of tractor services.. The Villager visited various areas in […]

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Namibia Advances Renewable Energy Access in Africa at COP28

5 December 2023

By: Justicia Shipena Leaders of the Accelerated Partnership for Renewables in Africa (APRA) have solidified their commitments to address energy access, security, and promote green growth across the continent. The groundbreaking move to drive the renewable energy transition in Africa, was formalised in a joint declaration by the APRA leaders during the COP28 taking place […]

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On-hoof Cattle Exports Declines as Fish Maintains Top Non-Mineral Spot

5 December 2023

By: Staff Reporter Namibia experienced a 35.9% year-on-year (y/y) decrease in live cattle exports in October 2023, contrasting with a substantial 179.2% y/y surge in beef exports. The European Union emerged as the primary destination, trailed by South Africa and the United Kingdom, according to Simonis Storm Securities. During the same period, live sheep exports […]

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Mines Ministry Revamps EPL System

2 December 2023

By: Justicia Shipena The Ministry of Mines and Energy is undertaking a strategic overhaul of its licensing application process to address challenges emerging from the country’s burgeoning oil discoveries. The shift aims to streamline operations, ensuring more efficient and effective service delivery to the public. Over the years, the ministry has employed an open licensing […]

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