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Opuwo Appoints First Female CEO

4 August 2023

By:Uakutura Kambaekua Opuwo Town Council designated Matjandjara Tjihuura Katurota as the town’s first female CEO for a five-year term. Tjihuura Katurota is the first woman to occupy the position. Tjihuura Katurota replaced Petrus Shuuya, whose contract was not renewed after more than 5 years on the council. Karui Rikambura has been serving as temporary CEO […]

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Meatco Promises Producers Timely Payments … estimates another profit in July

4 August 2023

By:Nghiinomenwa-vali Erastus The Meat Corporation of Namibia (Meatco) says it aims to pay producers on time and ensure they maximise returns from the country’s lucrative niche markets. In a statement this week, the company revealed it is certain of another profitable month of July. This is after the company, in a period of two months […]

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The Russia-Africa Summit And BRICS: What It Means For Namibia’s Economy And Africa

2 August 2023

  By:Josef Kefas Sheehama The Russia-Africa Summit ran from 27-28 July under the theme, “For peace, security and development” and was attended by 17 Heads of State including representatives of 49 of the 54 African nations. Furthermore, according to WION Live TV News, an amount of 1, 2 billion rubles has been set aside for […]

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Old Mutual Foundation Launches N$500 000 Chair & Desk

2 August 2023

By:Staff writer The Old Mutual Foundation (OMF) yesterday announced the launch of its Chair & Desk (C&D) Initiative, a project created to address the urgent demand for usable chairs and desks in public schools throughout Namibia’s 14 regions. The Old Mutual Foundation has been a major sponsor in the education sector since 2012, and this […]

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CRAN Revenue Drops By 51.6% In 2022

2 August 2023

By:Hertha Ekandjo The Communications Regulatory Authority of Namibia (Cran) has recorded a total revenue of N$36.3 million which was N$38.7 million – or 51.6% – less than the budget of N$75 million for 2022, according to its 2022 annual report. This variance is a result of the timing delays associated with the date when the […]

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Namibia’s Africa Exports Reach N$4.9 Billion In June

2 August 2023

By:Justicia Shipena Namibia exported commodities worth N$4.9 billion to Africa in June, according to the Namibia Statistics Agency (NSA).   The continent currently awaits to implement the African Continental Free Trade Area (AfCFTA). The AfCFTA is one of Agenda 2063’s major projects, a high-ambition trade agreement with a broad scope that incorporates crucial aspects of […]

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Petroleum Agreement Dictates Nam To Benefit 54%

2 August 2023

By:Nghiinomenwa-vali Erastus The government is entitled to receive a share of any successful petroleum project once production has started, said the acting Managing Director of the National Petroleum Corporation of Namibia (Namcor) Shiwana Ndeunyema. In a presentation titled,“The Economic Impact of the Oil & Gas Discoveries on Namibia” last week, Ndeunyema said the country will […]

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El Niño Expected To Drive Food Prices Up Further

2 August 2023

By:Staff writer Expected El Niño weather conditions are likely to further increase farmgate prices within the horticulture sector. This is after farmgate prices, the price of goods purchased directly from a farm, without markup added by retailers, have already outpaced retail prices in recent times, and have recorded a more substantial yearly increase. El Niño […]

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Nam Has Imported N$340.8 Million Worth Of Rice …as the promising Kalimbeza rice project remains dormant

2 August 2023

By:Nghiinomenwa-vali Erastus Namibia imported N$340,8 million worth of rice between June 2022 to June 2023, according to the latest Namibia Merchandise Trade Statistics Bulletin. The trade imports are highlighting the market gaps that exist as the country progresses in producing its food, given the food insecurity faced by various communities. Furthermore, it also posts questions […]

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No Violation Of Green Pacts With Oil Exploration- NIPDB

2 August 2023

By:Justicia Shipena Having become a hub for oil exploration, Namibia’s investment promotion wing has stressed that it is not violating environmental protection pledges. The Namibia Investment and Promotion and Development Board’s (NIPDB) Chief Executive Officer NangulaUaandja said this during the launch of Namibia’s Oil and Gas Conference to take place in the coming two weeks. […]

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