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Namibia / Page 93
McHenry Venaani Raises Rural SMEs Concerns
By:Annakleta Haikera Official opposition leader Mchenry Venaani has raised concerns about the lack of support and access to funding and resources for small and medium-sized enterprises (SMEs) in the rural areas of the country. Venaani said SMEs play a crucial role in driving economic growth, creating employment opportunities, and fostering local development. “It is common […]
Vehicles Sales Demand Strongest Since 2018
By:Staff writer June saw 584 more vehicles sold than during the same month last year, representing an 86.4% year-on-year increase in vehicle sales. For 2023 thus far, 7,700 vehicles have been sold, of which 3,797 were passenger vehicles, 3,451 were light commercial vehicles, and 452 medium- and heavy commercial vehicles. According to analysis by IJG […]
Namibia’s Tourism Arrivals Up By 98.1%
By:Justicia Shipena Namibia had a record-breaking surge in foreign visitor arrivals of 98.1% in 2022. Minister of Environment, Forestry and Tourism Pohamba Shieft a released the yearly tourist statistical report for 2022 on Tuesday afternoon. “I am delighted to report a record of 98.1% increase in international tourist arrivals from 232,756 (2021) to 461,027 in […]
All Eyes On BoN: To Raise Or Not To Raise
By:Justicia Shipena The Bank of Namibia (BoN) Monetary Policy Committee (MPC) is expected to announce its decision on the repo rate on Wednesday as inflation has slowed. This comes amidst questions of whether the BoN will follow South Africa’s lead and pause interest rate hikes. The MPC in June this year raised the repo rate […]
Plastic Recycling Company Takes Kavango East Old Mutual Prize
By:Nghiiomenwa-vali Erastus An entrepreneur in the Kavango East region who collects plastic waste and transforms it into environmentally friendly bricks without using water has won N$50,000 seed capital from Old Mutual Foundation to expand his business. The Wapa-Nawa Recycling Centre won the the Old Mutual Sustainable, Economic & Empowerment Drive (OM SEED) funding for 2023, […]
Food Still Biggest Contributor To Inflation …however, decrease in food prices likely
By:Staff writer Food and non-alcoholic beverages were the biggest contributors to inflation after July’s annual inflation rate stood at 4.5%. This is a year-on-year decrease in inflation compared to the 6.8% witnessed in July 2022 as well as a month-on-month decrease from the 5.3% seen in June this year. In general, the price of food […]
The Only NkurenkuruMaternity Ward On Verge of Closure
By:AnnakletaHaikera Community members and youth in Kavango West are blaming leaders in the region for what they term the deplorable state of the Nkurenkuru Intermediate Hospital. This emanates from concerns raised with the National Council Standing Committee on Health, Social Welfare and Labour Affairs, which recently visited region. Matron of the hospital, Adeline Kudumo says […]
Villagers To Be Eating From Shops Shelves … or get food relief as food sovereignty dwindles
By:Nghiinomenwa-vali Erastus Communal production of staple food has dwindled so badly in the 2022/23 season, grain like mahanguproduction fell by 54% from the10 year’s average communal production. This implies that many villagers who used to be food sufficient will also join the urban dwellers in depending on retailers for their consumption needs. According to data […]
San Communities of Namibia: From Cultural Erasure to Revival
By:AlphonsKahuhuKoruhama The San people, indigenous inhabitants of Southern Africa, have long lived in harmony with nature, cultivating a rich tapestry of culture, language, and tradition. However, as with many indigenous tribes across the world, their history is shadowed by marginalisation and cultural erasure. A Rich Diversity: Often dubbed the ‘Bushmen’, the San are not a […]
The Green Scheme Projects: Re-evaluate to Determine Best Possible Modalities in Namibia
By:Josef KefasSheehama The Namibia Agriculture Policy is the overarching policy and can serve as a base for aligning existing policies, laws, and regulations. The policy presents a framework for the design of programmes and projects that will steer the performance of the sector. The Namibia Merchandise Trade Statistics Bulletin revealed that Namibia imported N$340.8 […]