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News / Page 62
Local Food Prices Show a Decline
By: Staff Writer Inflation rates across all regions of Namibia decelerated in February 2024, with the country’s annual inflation rate for the month standing at 5.0% year-on-year (y/y), down from 7.2% recorded in February 2023 and 5.4% in January 2024. The Namibia Statistics Agency (NSA) reports that food and non-alcoholic beverages, accounting for […]
Inadequate Water and Sanitation Cost Namibia N$4.5 Billion Annually
By: Hertha Ekandjo Namibia suffers an annual economic loss estimated at N$4.5 billion due to inadequate water, sanitation, and hygiene services, commonly referred to as WASH. This figure represents approximately 1.8% of the estimated Gross Domestic Product (GDP) for 2023, with 0.6% attributed to urban areas and 1.2% to rural regions. A […]
Namibia’s Imports Surge by N$3 Billion
By: Hertha Ekandjo Namibia’s imports surged by N$3 billion, widening the country’s trade deficit by N$1 billion between December 2023 and January 2024, according to the Namibia Statistics Agency (NSA). The trade gap expanded after Namibia exported goods worth N$12 billion in January 2024, a notable 9.4% increase from N$10.9 billion recorded in […]
Namibia to Mirror Angola’s Oil & Gas Industry Approach
By: Staff Writer President Nangolo Mbumba says Namibia will adopt Angola’s model for oil and gas development. Mbumba made this declaration at the conclusion of his one-day official visit to Angola on Tuesday. The visit culminated in a tour of Sonangol Integrated Logistic Services (SONILS) at the Port of Luanda, where Mbumba familiarised […]
Beyond Sanctions: Zimbabwe Urged to Address Governance Issues to Rebuild Its Economy
By: Justicia Shipena Zimbabwe has been urged to tackle its governance challenges as a crucial step towards revitalising its economy and fostering trade relations with Southern African Development Community (SADC) nations, including Namibia and others. International Relations Analysts, Marius Kudumo, emphasised that despite the recent lifting of sanctions by the United States, Zimbabwe […]
Namibia’s Banana Planting Trial Project Underway
By: Hertha Ekandjo The Namibia Agronomic Board (NAB), in collaboration with AvaGro, has initiated the first banana planting field trial project in the Singalamwe area, located in the Zambezi production zone. The trials commenced at the end of February 2024 and will cover approximately 0.5 to 1 hectare of land per trial […]
Kavango East Councillor Calls For Hygiene Campaign
By: Annakleta Haikera Kavango East Regional Council Chairperson Damian Maghambayi has urged the Ministry of Health and Social Services to collaborate with the regional council in conducting food hygiene awareness campaigns across all six constituencies in the region. His call comes in response to a recent food poisoning incident in the region that […]
Oshikango Business Activities Continue on the Decline
By: Juliana Iikela Once renowned as one of the country’s bustling border towns, Oshikango has been experiencing a significant downturn in business activities, signalling challenging times for local entrepreneurs and vendors. The vibrant atmosphere that once characterised the town has waned, leaving small businesses and street vendors grappling with the aftermath. The Villager’s […]
Madison Metals Encouraged by High-Grade Uranium Assay Discoveries
By: Staff Writer Uranium exploration company Madison Metals has recently unveiled promising assay results, indicating an average uranium oxide (U3O8), also known as yellowcake, content of 2.78% at Trench 6 in the Erongo region. This discovery follows closely on the heels of the company’s previous announcement regarding the uncovering of high-grade uranium […]
MTC Launches eSIM for International Travelers
By: Dolly Menas In a move aimed at revolutionising connectivity for international travellers, the Mobile Telecommunications (MTC) officially launched its Electronic Subscriber Identity Module (eSIM) solution. This cutting-edge service represents a significant leap forward, offering unparalleled convenience and flexibility to customers venturing abroad. An eSIM functions as a digital SIM, enabling users to […]