Search in the website:
World
Economic Diplomacy Must Address Domestic Issues
By: David Shoombe Political and public policy analysts are recommending Namibian diplomats that represent the country in economic diplomacy negotiations to use the platform to solve domestic issues by attracting relevant investments. This call comes as China is showcasing its dominant global economic relations position by hosting another Forum of China Africa Cooperation (FOCAC). The […]
U.S. Tariffs Imposed on Namibia Could Undermine Export Growth
By: Justicia Shipena The tariffs imposed by the United States on Namibia may reduce the competitiveness of Namibian beef and fish exports in the US market, according to the International Relations and Trade Ministry. Last week, U.S. President Donald Trump levied a 21% import duty on Namibian goods, citing the long-term downturn in US […]
80-year Impact of the World Bank and IMF Questioned
By: Dwight Links Members of Parliaments from around the world were looking at the 80-year impact of these institutions up to now and indicated their annoyance at the approaches that these institutions have used towards assisting development. Namibia’s parliamentary standing committee Economics Public Administration also attended the 2024 edition of the Global Parliament […]
Global Food Prices Drop in August – FAO … sugar and meat costs fall
By: Justicia Shipena Global food prices saw a slight decrease in August, driven by significant drops in sugar, meat, and cereal costs, according to a recent report from the United Nations Food and Agriculture Organisation (FAO). The FAO Food Price Index, which monitors the monthly price changes of globally traded food commodities, averaged […]
Ghana Resumes Namibian Beef Imports After Long Hiatus
By: Nghiinomenwa-vali Erastus In June 2024, Ghana rejoined the list of African countries purchasing Namibian beef after a prolonged break, with some northern farmers calling the sudden stop“economic sabotage.” According to the Livestock and Livestock Board of Namibia’s July 2024 statistics, Ghana imported 22,581 kilograms of Namibian beef after a long pause. Before […]
Global Demand to Negatively Impact Namibian Mining Sector
By: Staff writer Namibia’s mining sector will be negatively affected by weak global demand, particularly impacting growth for diamonds and zinc. This comes as global economic growth is projected to slow down to 3.2% in 2024, from 3.3% in 2023. The Bank of Namibia anticipates that uranium production will be constrained by strip-mining activities […]
Namibia’s Trade Links with Mercosur Countries at 2% after Eight Years
By: Justicia Shipena Namibia’s trade with Mercosur, the Southern Common Market, currently stands at just two percent. Mercosur, is a South American trading alliance comprising Argentina, Brazil, Paraguay, and Uruguay, which aims to promote free trade and facilitate the unrestricted flow of goods, individuals, and money. During a meeting with a 10-member delegation from […]
Brazilian Ambassador Sees Potential Namibia-Brazil Collaboration in Green Hydrogen Sector
By: Justicia Shipena Vivian Sanmartin, the Brazilian ambassador to Namibia, expressed optimism about potential collaboration between Namibia and Brazil in the green hydrogen sector. This aligns with Namibia’s ongoing development of a green hydrogen project within the Tsau/Khaeb National Park, led by the government and Hyphen Energy. Scheduled to commence operations in late […]
Türkiye Offers Namibia Energy Independence
By: Hertha Ekandjo Karpowership, a company from Türkiye, has extended an offer to Namibia, presenting an opportunity for the country to become a net energy producer without relying on energy imports from neighbouring countries. This unique proposition aims to avert Namibia’s energy crises in a short period without the need for land […]
Cricket Namibia Plans to Build a National Stadium Ahead of 2027 World Cup
Dwight Links Cricket Namibia has revealed ambitious plans for a national cricket stadium, set to be constructed in anticipation of the 2027 Cricket World Cup, which Namibia will co-host with South Africa and Zimbabwe. Cricket Namibia’s board chairman, Rudie van Vuuren, emphasised the significance of this endeavour, describing it as a pivotal moment for […]