By: Nghiinomenwa-vali Erastus Various companies are taking advantage of synergies and other values that can be achieved in horizontal and vertical integration in the market. This conclusion is found after the country’s competition watchdog, the Namibia Competition Commission (NaCC) has reported that it has approved 12 mergers and acquisitions. This involves […]
By: Justicia Shipena Analysts believe that Namibia joining the BRICS (Brazil, Russia, India, China, and South Africa) grouping would be a wise economic step. This comes after the members of the BRICS announced during the just concluded BRICS Summit in South Africa that they will allow Argentina, Iran, Saudi Arabia, Egypt, and the United Arab […]
By: Josefina Lukas, Hertha Ekandjo Minister of Agriculture, Water and Land Reform Calle Schlettwein is concerned about the challenges that are hindering Africa from achieving the sustainable development goal (SDG) 6 target on water security and sanitation. It is estimated that at least US$30 billion per year needs to be invested to meet the SDG […]
By: Josefina Lukas A total of 62 active wire snares have been retrieved in Okaukuejo, an area around the Etosha National Park, in three days. According to the spokesperson for the Ministry of Environment, Forestry and Tourism (MEFT), Romeo Muyunda, the illegal hunting and killing of wild animals using wire snares is increasing in Etosha […]
By: Nghiinomenwa-vali Erastus After being discovered many decades ago, the government and willing investors are finally moving to extract the gas reserves on the southwestern shores of Lüderitz. It was announced back then that financial investment decisions were to be taken in 2016, however, the steam around the project evaporated and it was not spoken […]
By: Nghiinomenwa-vali Erastus A reusable pad manufacturing start-up from the Hardap Region has received the Old Mutual Sustainable, Economic and Empowerment Drive (OM SEED) 2023 title for the Hardap region, the Old Mutual Foundation announced. TJF Investments CC took up the first spot from the shortlisted 10 start-ups in the south, thus getting N$50,000 seed […]
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 […]
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) […]
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 […]
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 […]