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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 […]
BRICS+ to Serve as a Catalyst for Namibian Economic Development
Josef Kefas Sheehama Namibia should close working relationships between these nations and the academia to articulate ways of ensuring that Namibia is enlisted into the BRICS bloc of nations as soon as possible. It is beyond any doubt that the introduction of the BRICS implied a very important step forward in the long process towards […]
The NSA, ECN Sign MoU
By:Josefina Lukas The Namibia Statistics Agency (NSA) and the Electoral Commission of Namibia (ECN) yesterday signed a memorandum of understanding (MoU) outlining areas of mutual cooperation between the two parties. NSA’s Statistician General and CEO, Alex Shimuafeni said census data gives a comprehensive snapshot of the country’s population, which is vital for informed policy decisions, […]
1,200 Learners In Informal Settlements Get Solar Lamps
By: Nghiinomenwa-vali Erastus The Capricorn Foundation has donated 1,200 portable solar lamps to 10 schools in informal settlements in various regions of the country. With the country’s electrification still below 50% and worse in rural areas, having access to electricity and lamps to study at night is a luxury for many learners. Recent surveys conducted […]
Japan’s N$2 Million To Benefit Kavango West Farmers
By:AnnakletaHaikera A Japan-funded joint monitoring mission has set asideN$2 million to aid agricultural organisations in the Kavango West regionto benefit all local farmers. This follows a visit to four projects by the Japanese Embassy this week. The main reason for the visit was to see what farmers are doing on the ground and determine support […]
Inflation Hits The Kitchen: Vegetable Prices Climb 16.9% in August
By:Justicia Shipena Namibians had to spend more money on veggies in August since prices rose by 16.9%, according to the Namibia Consumer Price Index data published by the Namibia Statistics Agency (NSA). The country’s annual inflation rate for August was 4.7%, down from 7.3% in August 2022. According to NSA Statistician-General & CEO Alex Shimuafeni, […]
City Working On Proposal To Write Off Pensioner Debt And Interest …the Local Authority Act is the barrier
By:Nghiinomenwa-vali Erastus and Lavinia Shawapala The City of Windhoek is currently working on a proposal to write off debts of pensioners and interest for all residents. The City is, however, busy with audits in line with its approval processes, which they hope to conclude by the end of October 2023. This was revealed by the […]
Communities Are Defensless To Unwanted Investment Without Information …are we hoarding information or is it just information asymmetry?
By:Kandjengo kaMkwaanyoka It is becoming more doubtful when policymakers and political leaders announce how impactful certain proposed investments are to the country. Especially when they come to a certain community and tell them to give up a piece of land, river, or forest to a particular investor or group for economic development. This is because […]
CoW Considers A Mini-Grid For Mix Settlement
By:Nghiinomenwa-vali Erastus The City of Windhoek has announced that it is working with the Berlin Energy Agency (BEA) on a feasibility study to develop a solar photovoltaic (PV) mini-grid for the Mix Informal SettlementArea (MISA). The MISA is located about 20km north of the capital in the Windhoek Rural Constituency and the municipality finds it […]