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Surge in Fish Prices a Burden for Local Consumers
By: Nghiinomenwa-vali Erastus Fish, the once-affordable staple food in Namibia is becoming costly, experiencing a significant spike in prices since May and posing challenges for consumers. The recent spike in the price of fish is the second largest commodity price increase recorded since May after vegetables. According to the latest consumer price index, fish prices […]
Paratus rolls out 28 retail outlets across Namibia
By: Staff writer Telecommunications operator, Paratus Namibia has opened nine additional resellers and six pop-up shops across the country. These are Outapi Pop-Up Shop, Eenhana Pop-Up Shop, Oniipa Pop-Up Shop, Otjomuise Pop-Up Shop, Soweto Pop-Up Shop, Okuryangava Pop-Up Shop. The operator opened three new pop-up shops in informal areas around Windhoek earlier this year. The […]
Paratus Secures N$578 Fibre Expansion Funding
By: Staff writer Paratus Group has secured US$31-million (N$578 million) in funding to expand its fibre routes connecting Angola, Democratic Republic of Congo (DRC), Botswana, Namibia, South Africa, Mozambique and Zambia over the next three years. The funding is secured from Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group (PIDG) and fund […]
Is the Cabinet Falling Short on Economic Transformation?
By: Kandjengo kaMkwwanyoka Cabinet is the highest decision-making authority in our nation, shaping the trajectory and pace of our economic and social advancement through its decision-making prowess. The pressing question is whether this assembly of individuals, appointed by the president, is making timely decisions that truly serve the interests of the country. The Secretary to […]
Informal Traders Not Happy With Rising Bulk Prices
By: Justicia Shipena Informal traders have voiced concerns over their constrained ability to negotiate prices and other regulatory matters affecting their businesses. This limited bargaining power to negotiate prices with suppliers and regulators, negatively affects business in the informal sector as traders are left to shoulder unilateral bulk pricing decisions from suppliers, hindering their […]
Private Sector Investment Key to Addressing Africa’s Climate Finance Gap
By: Nghiinomenwa-vali Erastus Africa’s climate adaptation and mitigation financing shortfall, amounting to a staggering $265 billion could be alleviated significantly through the active involvement of private capital distributors. This capital could be crucial as many African countries continue to grapple with the challenges of raising domestic public finance amid mounting debt levels and unanticipated […]
NIDA Suspends Mangetti Farmworkers for Voicing Out on “Internal Issues”
By: Annakleta Haikera Two workers at the state-owned Kavango Cattle Ranch at Mangetti have been suspended for speaking to the media about the farm’s ongoing troubles attributed to mismanagement. The farm in question is managed under the Namibia Industrial Development Agency (NIDA) and has approximately 38 camps with over 12 000 cattle. In July […]
Indigenous Seeds Can Boost Agricultural Production in SADC
By: Annakleta Haikera The promotion and utilisation of indigenous seeds can enhance agricultural production and maintain crop species diversity to ensure quality food production for present and future generations in the SADC region. This is according to SADC seeds coordinator Tilabilenji Phiri who expressed the need for African states to promote the utilisation of […]
Namibia’s ‘Positive’ Development and Equity Distribution Commended
By: Hertha Ekandjo World Bank regional vice president for Eastern and Southern Africa Victoria Kwakwa believes Namibia is doing well in terms of development and equitable resource distribution. This she says can be backed up by Namibia’s per capita income of over N$78,480 (equivalent to approximately USD 4,000, or closer to USD 5,000), which […]
Fossil Fuel Peak Expected by 2030, Says IEA
By: Dwight Links In their recent Global Energy Outlook report for 2023, the International Energy Agency (IEA) has predicted that the peak for all fossil fuels will be reached by 2030. The release of this report coincides with statements made by Namibian petroleum commissioner Maggy Shino, who last month announced the country’s anticipation of […]