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Cancer Project Raises N$33.9 Million Since 2000
By: Staff writer Bank Windhoek has announced that it has raised N$2 million this year for the annual Bank Windhoek Cancer Apple Project. The Bank’s Executive Officer of marketing and corporate communication services, Jacquiline Pack has announced this recently, stating that the project has raised N$33.9 million since 2000, in aid of the Cancer Association […]
NamRa Lashed By ‘Order With Me’ Agents
By: Nguriye Katusuva Some ‘Order With Me’ SME operators have lashed out at the Namibia Revenue Agency (NamRa) about its activities, including questioning the agency for confiscating their products. This emerged as the revenue collection agency held an engagement meeting at the Nampower convention centre in Windhoek on Tuesday with various SME importers and clearing […]
The Scramble for Electricity…Zambia to become the power saviour
By: Nghiinomenwa-vali Erastus Three countries of the Southerm African Development Community (SADC) are facing power problems as their internal power generation capacities fail to meet local demand. As a result, they will be competing to grab excess power in the region. According to the Namibia Statistics Agency's (NSA) Electricity Sectoral Report, Namibia’s domestic generation has […]
Producer Price Index For Mining And Quarrying increases In Third Quarter
By: Hertha Ekandjo The mining and producer price index for the third quarter of 2022 rose to 130.5 basis points, up from 102.1 recorded in Q3 of 2021, which translates into an annual inflation rate of 27.9% compared to -17.8% recorded in the third quarter of 2021. This is according to the Namibia Statistic Agency's […]
Namibia Gets N$2 Billion German Loan
By: Staff Writter Namibia and German state-owned investment and development bank KfW, on Tuesday, signed two loan agreements of €40 million (N$746 million) and €50 million (N$932 million) for the construction and rehabilitation of key Namibian roads and water infrastructure to foster economic development. Another loan agreement of €20 million (around N$373 million) was signed […]
Parties Marry In Okakarara Council
By: Uakutura Kambaekua The Popular Democratic Movement (PDM) and National Unity Democratic Organisation (Nudo) have again teamed up to run the Okakarara Town Council after clinching all top positions during last week’s internal elections. The Okakarara town councillors elected Nudo’s Asnath Kavetuna Jazukuka as the mayor deputised by Brickz Kaaronda of PDM. The town’s former […]
Fransfontein Community Garden Project Is Thriving
By: Juliana Iikela The parliamentary standing committee on natural resources which recently paid a follow-up visit to the Fransfontein Community Garden in the Kunene region has found that the garden is flourishing. The N$12.3 million Green Climate Fund (GCF) funded project was established by the Environmental Investment Fund of Namibia (EIF) along with the ministry […]
Debmarine Donates Gardening Equipment To Mbambi School
By: Annakleta Haikera Debmarine Namibia yesterday donated gardening equipment valued at N$60 000 to the Mbambi Senior Primary School situated in the Sinyugwe circuit of the Kavango East region. Mbambi is a far-flung village in the Mukwe constituency some 60 kilometres from Rundu. The donation consists of gardening equipment such as shovels, rakes, clippers, watering cans […]
Uranium: Namibia’s Main Export For October
By:Staff writer According to financial experts, Namibia’s main export products during October 2022 were uraniumwhich was mainly shipped to China, fish in the main exported to Spain, Zambia and the Democratic Republic of the Congo, and diamonds chiefly sold to the United Arab Emirates and Belgium. The experts at Simonis Storms have however observed that […]
The Unconventional and Unorthodox Thoughts To save public funds, stop taking your whole ministry to one event
By:Kandjengo kaMkwaanyoka Some of our problems donot really require International Monetary Fund and the Harvard Lab expertise. Not at all. Especially on reducing public expenditure. We just have to do unconventional little things which on aggregate will be impactful. A few things I have observed all the years I have been reading trends and patterns […]