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bout 30% of the Rural Population Has No Access To Financial Services … minister calls for more inclusion
By:Nghiinomenwa-vali Erastus MINISTER of Urban and Rural Development Erastus Uutoni has called on stakeholders in the financial service sector to make their services available to people in the rural areas to allow them to fully participate in the transformation of the rural economy. Uutoni said making financial services available to rural people and leveraging digital […]
Nujoma’s Remarks Cast Job Market-Fairness Doubts
By:Justicia Shipena The recent comments made by Labor Minister Utoni Nujoma in the National Assembly have raised questions about preferential treatment in employment opportunities, according to analysts. On Tuesday, Nujoma suggested that individuals from the northern regions were harder workers compared to those in the south, remarks he later officially retracted. This occurred after Popular […]
Global Economic Heading to Breakdown
By: Josef Kefas Sheehama The trajectory of the Russia-Ukraine conflict and the Israel war with Hamas heightens concerns about the global economy. These shocks have created uncertainty in the global political economy, weakening the world’s ability to recover from Covid- 19. This has generated new geopolitical tensions, exposed the fragility of the international relations system, […]
How to navigate the rising living expenses
By: Werner Afunde The writer Ryder Carrol wrote, “No matter how bleak or menacing a situation may appear, it does not entirely own us. It can’t take away our freedom to respond, or our power to take action.” This is an apt point when considering the current strain on consumers, which means all of […]
Renewable Energy Funding Dominates Bank Windhoek’s Sustainability Lending
By: Nghiinomenwa-vali Erastus Bank Windhoek has provided financial support for a total of 59 projects valued at N$57.6 million across Namibia from 2022 to 2023, with 54 of these projects dedicated to Renewable Energy. The remaining four projects focus on Sustainable Agriculture, with one dedicated to Biodiversity Conservation. Claire Hobbs, Bank Windhoek’s Chief Treasurer, […]
Govt ‘Still’ Consulting On Rent Control Bill, Says Uutoni
By: Josefina Lukas Minister of Urban and Rural Development Ersatus Uutoni says the government is consulting a wide range of experts to improve the Rent Control Bill which is expected to be introduced in parliament. Uutoni was responding to questions posed by Popular Democratic Movement (PDM) parliamentarian Maximilliant Katjimune in the National Assembly […]
Over 500 small-scale farmers receive drip irrigation
By: Josefina Lukas THE Ministry of Agriculture, Water and Land Reform has invested a combined amount of N$14,7 million to support small scale-farmers improve their yields over the past three years. The deputy minister of agriculture, Anna Shiweda said this fund has benefited 548 farmers who received support in the form of drip […]
Namibia’s Position on Israel-Palestine Conflict Unlikely to Affect US Relations
By: Justicia Shipena NAMIBIA’S stance in the conflict between Palestine and Israel is unlikely to have any significant impact on its relationship with the United States of America (USA), according to international relations scholar Marius Kudumo. Following the recent escalation of tensions between Israel and Palestine, the US announced increased support for Israel, […]
Local Brewery to Invest N$65,4 Million in Solar Thermal Technology
By: Hertha Ekandjo ABInBev Welwitschia Brewery, a local brewery, has announced a N$65.4 million investment in Solar Thermal Technology to be established in Okahandja. The brewery’s objective is to reduce its carbon footprint by approximately 700 tons of carbon dioxide (CO2) emissions annually. The solar thermal technology will harness solar heat to generate […]
Govt Plans to Secure N$2,6 Billion in Borrowings This Week
By: Nghiinomenwa-vali Erastus THE government’s treasury has issued a market notice seeking to secure N$2,6 billion in borrowings this week. These funds will not only help bridge the budgetary gap for the 2023/24 fiscal year but also prepare for the repayment of the maturing GC24 bond next year in October. According to the […]