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Opinion: Elevating The Artistic Industry: Time For Upgrade
By: Sarah Anghuwo “Our lives begin to end the day we become silent about things that matter.” – Martin Luther King, Jr. As an arts advocate, it’s truly disheartening to witness the gradual decline of the arts industry. Often, when we ponder art, our mindset narrows to predominantly music, becoming the focal point. Unfortunately, this […]
Economic Growth Projections Hold Steady Amidst Policy Changes
By: Justicia Shipena Despite tightening monetary policy, Namibia will meet its economic growth forecasts this year, according to Floris Bergh, Chief Economist at Capricorn Asset Management. This comes as Namibia’s central bank chose to maintain the monthly policy rate at 7.75% for the next two months following periods of hikes. The Bank of Namibia (BoN) […]
Nam Found Comfort In Zambia Power Supply Arms
By: Nghiinomenwa-vali Erastus Namibia has reduced its power imports from South Africa to below 10% from April to June. This is according to the Namibia Statistics Agency’s monthly electricity reports for 2023. Namibia has long relied on imported power from South Africa (Eskom), but South Africa’s own economy has put strains on its domestic […]
Unconventional Thoughts- Opinion Too Much Information, Less Time, And Willingness To Comprehend
By:Kandjengo kaMkwaanyoka- From Okwalondo with love As I write this, I have a folder from the Oil and Gas Conference full of presentations, and mind you, I haven’t finished reading the documentation of the Climate Change Adaptation Awareness W0rkshop organised by the Environmental Investment Fund (EIF). So much information, insights, and lectures are available in […]
Namibian And Angolan Associations Join Forces For Joint Investments In Oil And Gas Sector
By:Justicia Shipena A Memorandum of Understanding (MoU) has been signed between Namibia and Angola to jointly explore investment opportunities within the oil and gas sector. The signing between the Namibian Association for Offshore Oil and Gas Service Providers (NAOGSP) and the Angolan Oil and Gas Service Companies Association (AECIPA) was done at the recently ended […]
Namibia Sees Over 1% Domestic Economy Improvement In 2022
By:Hertha Ekandjo Namibia witnessed an improvement of over 1% in domestic economic growth in 2022. According to the 2022 United Nations Namibia Country Report, the gross domestic product’s growth of 2.7% in 2021 to 3.9% in 2022 was attributed to the robust increase in diamond mining, as well as sustained growth for most industries in […]
Shifeta Advocates Stronger Drought Policies
By:Justicia Shipena Environment, Forestry and Tourism Minister Pohamba Shifeta has called for more drought policies to be implemented. Shifeta made the call during the African Ministerial Conference on the Environment (AMCEN). The AMCEN’s nineteenth session was held in Addis Abba, Ethiopia, from August 14 – 18, 2023. Shifeta emphasised that drought causes both immediate and […]
South Africa and Namibia Seek Sustainable Energy Solutions
By:Justicia Shipena Minister of Mines and Energy Tom Alweendo has met with South Africa’s Minister of Electricity Kgosientsho Ramokgopain Windhoek on Friday to strengthen bilateral ties in the energy sector. The meeting spurred discussions of cooperation for green hydrogen in both countries to solve the South African Development Community (SADC) energy shortage, as well as […]
Paragon Commences Groundwork At HKIA
By:Hertha Ekandjo Paragon Investment Holdingsofficially commenced with its ground handling services at the Hosea Kutako International Airport (HKIA) on Saturday. This follows after Menzies was evicted by the Namibia Airports Company (NAC) from HKIA on Saturday morning after it ceased providing ground handling services at the airport on Friday. According to NAC Chief Executive Officer […]
Access to Deposits Preserved Despite Trustco Bank’s Suspension
By:Justicia Shipena Despite the Bank of Namibia’s (BoN) temporary suspension of Trustco Bank, clients would retain access to their deposits. Trustco Bank’s ability to function as a financial institution was suspended with immediate effect by BoN on Friday. The suspension came after the central bank met with the Minister of Finance and Public Enterprises, Ipumbu […]