By:Justicia Shipena Namibia’s export sector has experienced a notable upswing, totaling N$67,2 billion, in the first eight months of 2023. This was revealed by the Namibia Statistics Agency (NSA) in its latest trade statistics report released yesterday. The report underscores Namibia’s progress in international trade of goods. During the initial eight months of the year, […]
By:Josefina Lukas Some residents in Katutura want President Hage Geingob to intervene in a standoff between them and the Windhoek Municipality over a debt collector they claim was a burden on their financial well-being. The municipality recently appointed RedForce Debt Management to collect over N$1,2 billion it says it is owed by for services such […]
By:Flora Katutiramambo and Lavinia Shawapala LACK of investments in the education sector in Namibia is one of the factors preventing teaching to evolve into a profession that attracts investments and opportunities for teacher development and expansion. This is according to the Secretary General of the Teachers Union of Namibia (TUN), Mahongora Kavihuha, who highlighted that […]
By:Justicia Shipena BANK of Namibia Governor Johannes !Gawaxab believes rural communities in the country are facing economic distress because they seem to be neglected “and have become zones of economic misery”. He emphasised the need to revitalise these areas to achieve inclusive development. He made these remarks during the 24th Annual Symposium of the Bank […]
By:Hertha Ekandjo NAMIBIA’S economy has not only bounced back to pre-pandemic levels but has potentially surpassed them, driven by a robust resurgence in mineral production. Thanks to sustained growth in the mining sector and a revival in tourism, the real Gross Domestic Product (GDP) surged to 4.6% in 2022. Economic activities are projected to surpass […]
By:Josef Kefas Sheehama The Ministry of Mines and Energy, last week, announced an increase in the prices of petrol and diesel, citing a combination of rising international oil prices and the depreciation of the Namibian Dollar and catastrophic flooding in Libya. Effective from 4 October 2023, the price of diesel will increase by N$2.40 per […]
By:AnnakletaHaikera Kavango East Governor, Sirrka Ausiku, has appealed to the government to establish a tourist center in Nkurenkuru, citing the lack of active tourist activities in the region’s largest town. Ausiku also encouraged the Nkurenkuru town council to engage with Namibia Wildlife Resorts (NWR) and Gondwana to seek assistance. According to Ausiku, the region currently […]
By:Jeronimo NghilunanyeKateya and KandjengokaMkwaanyoka Namibia’s high unemployment rate is a major concern, and entrepreneurship is often seen as a key solution to this problem. However, many Namibian entrepreneurs face challenges in accessing funding, which can hinder their ability to start and grow their businesses. The financing of MSME and startups in Namibia is a […]
By: Hertha Ekandjo For over two decades, a community of approximately 50 people has been living in a riverbed, and they are now accusing the government and the City of Windhoek of neglecting them. This small group resides in Freedom Square, a riverbed devoid of essential amenities such as water, electricity, and toilets. When nature […]
By:Justicia Shipena The growing resistance among individuals to participate in the ongoing population census being conducted by the Namibia Statistics Agency could be a sign of social discord and lack of unity. This is according to RinaaniMusutua of the Basic Income Grant Coalition who added that some of the socio-economic challenges facing Namibians such as […]