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El Niño Expected To Drive Food Prices Up Further
By:Staff writer Expected El Niño weather conditions are likely to further increase farmgate prices within the horticulture sector. This is after farmgate prices, the price of goods purchased directly from a farm, without markup added by retailers, have already outpaced retail prices in recent times, and have recorded a more substantial yearly increase. El Niño […]
Nam Has Imported N$340.8 Million Worth Of Rice …as the promising Kalimbeza rice project remains dormant
By:Nghiinomenwa-vali Erastus Namibia imported N$340,8 million worth of rice between June 2022 to June 2023, according to the latest Namibia Merchandise Trade Statistics Bulletin. The trade imports are highlighting the market gaps that exist as the country progresses in producing its food, given the food insecurity faced by various communities. Furthermore, it also posts questions […]
No Violation Of Green Pacts With Oil Exploration- NIPDB
By:Justicia Shipena Having become a hub for oil exploration, Namibia’s investment promotion wing has stressed that it is not violating environmental protection pledges. The Namibia Investment and Promotion and Development Board’s (NIPDB) Chief Executive Officer NangulaUaandja said this during the launch of Namibia’s Oil and Gas Conference to take place in the coming two weeks. […]
Transforming Investment Performance with AI
By:Angelo Pieters Artificial intelligence (AI) has ushered in a new era of data-driven decision-making in the world of portfolio management. By leveraging advanced algorithms, AI has revolutionised the interpretation and analysis of vast amounts of market data. This article examines the profound impact of AI on investment performance, highlighting its ability to process data rapidly […]
Shell, Total Flag Namibia As A Major Work In Progress
By:Staff Writer Shell and TotalEnergies have posted upbeat takes on Namibia in their second quarter results, although short on actual numbers. Total CEO Patrick Pouyanné said Namibia was a priority for the company. Appraisal drilling on the Venus find was “very positive”, the executive said. “I can tell you the oil column is very big.” […]
Rosatom Discovers New Major Uranium Deposit In Namibia, Hopes New Uranium Province Will Emerge In The Country
By:Staff Writer Russian state-owned atomic energy corporation Rosatom has discovered a large uranium deposit in Namibia. This, according to Kirill Yegorov-Kirillov, the Director of Mining Projects at Rosatom’s Uranium One Group, has given hope for the discovery of a new uranium province in the country. Yegorov-Kirillov was speaking at the Geological Exploration and Mining: Russian […]
Nam Falling Short In Upholding Equality And Inclusivity- PDM
By:Nghiinomenwa-vali Erastus The official opposition leader McHenry Venaani said Namibia is falling short in upholding the principles of equality and inclusivity as outlined by the United Nations. At a press conference he held in Windhoeklast week, Venaani said 68% of marginalised communities live in poverty while 77% face unemployment, which, he said, is not normal […]
Rundu Abattoir Resuming, As The North Struggle With Slaughter
By:Nghiinomenwa-vali Erastus The Meat Board of Namibia has indicated that the Rundu Abattoir is expected to resume operations in the coming months, with estimates pointing to the end of August 2023. The renovated abattoir will slaughter for both domestic and export, however, it will start with the domestic market first, and it will be operated […]
Windhoek And Swakopmund Have Priciest Three-Bedroom Homes – First Capital
By:Justicia Shipena Windhoek and Swakopmund have Namibia’s highest construction costs for a typical three-bedroom home, says First Capital in its Building Cost Index for June 2023. The biennial report provides an insight into the trend of prices of building materials and the impact of price changes on the cost of building a house in the […]
Councillor Clashes With City Of Windhoek, As Municipality Demolishes Community Pit Latrine
By:Mathias Hangala, Loise Shiimi and Nghiinomenwa-vali Erastus A community member of Havana who built a pit latrine for herself and her neighbours has invoked the wrath of the City of Windhoek, resulting in them sending a team to demolish the toilet facility as it was built with bricks last week. The action of the city […]