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News / Page 73
Bankers’ Association Advises Public on Avoiding Repossession
By: Staff writer The financial challenges associated with an economic downturn can lead to distressing consequences, with asset repossession being one of the most concerning for consumers. In response to this, Brian Katjaerua, the CEO of the Bankers’ Association of Namibia (BAN), encourages effective communication to prevent repossession, asserting that banks are generally […]
The Economy Needs More Than Teachers and Nurses To Thrive – Analysts
Loise Shiimi Education stakeholders have been urged to play a more active role in guiding parents and secondary school graduates toward career paths that align with the country’s economic development and diversification goals. Over the years, Namibia has seen a huge number of pupils graduating from high school opting to pursue studies in education […]
Sikondo Green Scheme Leads Economic Advancement in Kavango West
Annakleta Haikera The development of the Sikondo Green Scheme irrigation project in Kavango West continues on a positive note with production of vegetables progressing on a consistent basis. The project recently achieved a milestone by delivering its first harvest of the year, including vegetables like green peppers and tomatoes, to the Oshana and […]
Paratus Botswana Secures Major Banking Clients
Staff Writer Paratus Botswana’s network has successfully secured partnerships with all major banks in Botswana, solidifying its position as a key player in the country’s telecommunications landscape. This achievement is complemented by the recent addition of Access Bank, a pan-African financial institution, to Paratus’ growing client portfolio. In an era where uninterrupted connectivity […]
Gloomy Prospects for Construction Sector in Windhoek
Justicia Shipena The construction sector in Windhoek is currently facing challenging times marked by lacklustre performance as construction projects continue to dry up in the capital city. According to a report on building data for December 2023 published by IJG Securities on Tuesday, the pipeline for construction activities in Windhoek remains thin. In […]
Investment in Science and Technology Research Crucial for Economic Growth
Hertha Ekandjo Namibia should devote much of its attention and resources towards improving research in science and technology to boost its economy, achieve food security and combating poverty. This is according to Nhlanhla Lupahla, the General Manager for Research, Science, Technology, and Innovation at the National Commission on Research, Science and Technology (NCRST), […]
‘FIMA Should Not Threaten Private Sector Pension Funds’… private sector funds irked by lack of clarity on National Pension Fund proposal
Justicia Shipena The Namibian Building Workers Pension Fund (NBWPF) has expressed concern about the lack of clarity regarding the Financial Institutions and Market Act (FIMA) and its potential mandatory preservation requirements of retirement assets. “The fact that we still do not have clarity about FIMA and possible compulsory preservations and that a national […]
Concerns Raised Over Uranium One’s Proposed In-Situ Leaching
Justicia Shipena The Stampriet Aquifer Uranium Mining Association (SAUMA) has raised serious concerns about potential violations of Namibian environmental laws in the Environmental Impact Assessment (EIA) process conducted for the in-situ leaching mining method proposed by the Russian-backed company Uranium One. SAUMA alleges that the environmental consultant responsible for compiling the EIA did […]
Farmers Urged to Maximize Recent Rains for Better Harvest
Annakleta Haikera The Chairperson of the Kavango West Farmers Union, Johannes Hausiku, has called on farmers to seize the opportunity presented by recent abundant rains in the region and maximise their effort for a better harvest. He emphasised the crucial role of northern farmers in ensuring Namibia’s food security, considering the Kavango regions […]
Toyota Hilux Maintains Leading Position in Namibian Vehicle Sales
Staff Writer In December 2023, the Toyota Hilux continued its reign as the best-selling vehicle in the Namibian automotive market, with a total of 196 units sold. The Ford Ranger and Toyota Fortuner secured the second spot, each boasting 40 units in sales. Strong performances were also observed in the Toyota Corolla Cross […]