Search in the website:
Namibia / Page 85
Kavango East Recognises Smallholder Farmers
By:Annakleta Haikera The 2023 National Agronomic and Horticulture Awards (Naha) ceremony was held at the Mashare BlueberriesGreen Schemein the Kavango East region on Thursday. The event, which attracted agronomy and horticulture producers, traders, input suppliers and other key stakeholders, was organised to honour excelling farmers. Kavango East Governor Bonifatius Wakudumo said the region is home […]
Over 3,000 Unemployed, Qualified Teachers In Kavango Regions
By:Annakleta Haikera A group of unemployed teachers from the Kavango West and East claimed there are about 3,410 unemployed, qualified teachers in the two their two regions. The want government to recruit more teachers to fill staffing gaps and promote quality education in the two regions. The jobless teachers on Fridaydemanded that the Ministry of […]
Rising Oil Prices: A Looming Threat to Namibia’s Inflation
By:Justicia Shipena The rise in oil prices may result in higher transportation costs, which might contribute to growing inflation in Namibia. This is according to economists at Simonis Storm Securities. Inflation rates demonstrated a persistent rate below the 5% threshold for the second consecutive month. This was a little improvement above the previous month’s rate […]
Construction Contracting In Windhoek and Swakopmund
By:Staff writer The construction sector is contracting in Windhoek and Swakopmund after approvals fell by 8.0% month on month (m/m) in August. This is a 15.7% year-on-year (y/y) decrease from August 2022. For the year so far, there has been 20.6% less projects approved compared to the same period last year and 3.6% less than […]
NSA Budgets N$250 Million For Census Enumerators
By:EnumeratorsBrandon Shilongo The Namibia Statistics Agency (NSA) will payN$250 million inallowances to its ad hoc staff who will be involved in the conduct of the 2023 Population and Housing Census. The governmentallocatedN$706 million for the national exercise. This was revealed by NSA’s Statistician General and CEO Alex Shimuafeni at the launch of the 2023 Population […]
Vocational Trainees Assembling Agri Tractor Components …Eenhana VTC trainees to lead assembling
By:Nghiinomenwa-vali Erastus Under the Namibia Agricultural Mechanisation and Seed Improvement Project (NAMSIP), 350 tractors’ components are being procured at the cost of N$300 millionto assemble tractors locally. This was announced by the Minister of Agriculture, Water and Land Reform Deputy Minister Anna Shiweda during a visit to theOshana, Oshikoto, Ohangwena and Omusati regionslast week. The […]
Limited Education’s Impact On Namibian Job Market
By:Lavinia Shawapala Many rural Namibians do not have access to education or training, making it difficult for them to get formal jobs or establish formal businesses. United Nations Resident Coordinator Hopolang Phororo said this during a multi-stakeholder workshop titled,”Setting the Stage for a Namibian Diagnostic of Informality in Namibia.” The two-day workshop, co-hosted by the […]
Repo Rate Pushes Car Buyers To Buy Cash
By:Staff writer The repo rate has forced those purchasing vehicles to do so via cash transactions rather than on credit,a recent analysis has revealed. In August this year, the Bank of Namibia’s Monetary Policy Committee (MPC) opted to keep the repo rate unchanged at 7.75%, with the prime rate staying at 11.5%. However, the MPC […]
Nam Needs 300 Network Towers In Five Years
By:Nghiinomenwa-vali Erastus The country’s telecommunication infrastructure company PowerCom has indicated that the country needs about 300 network towers in the next three to five years, with 30 new required in Windhoek alone. PowerCom revealed this during the inauguration of a N$965,815 network tower in Goreangab Dam early this week. The Board Chairperson of Powercom, Eldorette […]
Central Bank Reprimands Commercial Banks Over Profit Shifting
By:Shipena The Bank of Namibia (BoN) has issued a stern warning to commercial banks over profit shifting. “Banks were informed that the Bank of Namibia will not entertain profit shifting and transfer pricing practices, which are done via service level agreements with the parent institution,” said central bank Governor Johanness !Gaxawab. He said this at […]