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Understanding the Context of Pensions in Namibia in 2023 – Part 4
By:Carmen Forster This is the fourth installment in the series on ‘Understanding the Context of Pensions in Namibia in 2023’. Our first three articles covered Pillars 0 and 2 of the World Bank Pension Provision Model. In this article, we will focus on Pillar 1, which relates to contributory national social security retirement funds that […]
Rabies could threaten tourism if left unchecked
By:Hertha Ekandjo ALTHOUGH rabies is most often noted in domestic animals and livestock, this does not mean wildlife are safe from this deadly disease. The Namibian kudus which form part of the unique tourist attraction also has a unique cycle of rabies. The Ministry Environment, Forestry and Tourism said rabies in wildlife could affect the […]
Gates and High Walls, A Challenge to NSA Enumerators
By:Hertha Ekandjo The Namibia Statistics Agency (NSA) says it is facing some challenges with the ongoing national population and housing census. According to NSA, enumerators are faced with the challenge of high walls and locked gates making it difficult to reach those living in the promises. The Deputy Statistician General of the NSA, Ottilie Mwazi, […]
Ministry Passes On Fuel Prices Burden …industries, Transport Sectors, and Off Grid Farmers to feel the pain
By:Nghiinomenwa-vali Erastus MOTORISTS and other consumers of petroleum products will have to pay at least N$3.1 and N$4.1 additional for petrol and diesel following the recent decision to increase fuel prices by the government. The price of petrol will increase by N$1.90 per liter, while diesel will go up by N$2.40, per liter, effective from […]
Namfisa Saw 4.2% Decline in Assets in 2022/23
By:Hertha Ekandjo The Namibia Financial Institutions Supervisory Authority (NAMFISA) has recorded a 4.2% decrease in its total assets for the 2022/2023 financial year. Namfisa`s assets decreased by N$13.5 million from N$318.1 to N$304.6 million as at 31 March 2023. This decrease is the result of a total comprehensive deficit of N$8.9 million plus a decrease […]
Poor coordination hampers food security … as lack of data exposes the need for investment in agricultural research
By:Nghiinomenwa-vali Erastus POOR coordination and communication between the government and development agencies is one of the factors hampering effective implementation of policies and programs to improve food security in Namibia. A recent assessment report by the Food and Agriculture Organization (FAO), SADC, and the European Union revealed that Namibia has a lot of projects being […]
Stage Audio Works Integrates AV Conferencing System At MTC
By: Staff writer Mobile Telecommunications (MTC), working with Stage Audio Works (SAW), has its AV systems overhauled at the headquarters in Windhoek. MTC needed technology upgrades and corporate AV systems to enhance communication and collaboration in several departmental boardrooms. SAW worked with MTC’s procurement and IT teams and lead with an internet of things […]
Namdia Records 24.9% Increase In Carats Purchase For 2022/23
By: Hertha Ekandjo Namibia’s diamond sales and marketing entity, Namib Desert Diamonds (Namdia) concluded nine diamond sales, with its purchase entitlement increasing by 24.9% from 222,978 to 278,609 carats during the 2022/2023 financial year. This was revealed by the Namibia’s Chief Operations Officer, Uahoroka Kauta during the launch of the company’s annual report for […]
Investors Opt To Switch N$1.1 Billion Of GC24 Bond
By: Nghiinomenwa-vali Erastus Investors in the government bonds, specifically the GC24 bond which is maturing next year, have submitted an N$1.3 billion switch application for their investment to be moved to other long-term bonds. The switch auction was held on 27 September. The GC24, which is maturing next year in October, had an outstanding amount […]
Nam Egg-sellers See Sales Opportunities With Poultry Import Ban
By: Hertha Ekandjo Namibian egg-sellers say that the ban on the import of poultry products from South Africa can provide sales opportunities for every Namibian poultry farmer and poultry product sellers. The Agriculture Ministry recently announced that due to the outbreak of the Highly Pathogenic Avian Influenza (HPAI) in South Africa, it has suspended the […]