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GS1 Namibia launches Namibia’s First National Barcode System – 631
By:Hilya Ngolo The Deputy Minister of Industrialisation and Trade, Verna Sinimbo, said the introduction of the 631 prefix by GS1 is a development that is far more than a simple technical modification. Speaking at the launch, which took place on 18 July in Windhoek, Sinimbo defined the launch as a result of years of diligence, […]
Namibia Is Welcoming More Business Tourists
By: Staff writer Tourists coming into Namibia for business purposes continue to increase their share of the market after making up 17.3% of the total who entered the country in June. In May, 9.52% of all tourists who came into Namibia were here for business reasons, which itself was an increase by 7.8 percentage […]
SA Repo Rate Hike On A Break
By:Staff writer After 10 consecutive increases in the repurchase rate, the South African Reserve Bank has finally applied a break. However, while the bank opted to keep its prime lending rate at 8.25% on Thursday, the bank’s Governor Lesetja Kganyago warned that this was not the end of the hiking cycle. The reserve bank had […]
Why Do All Africa Leaders, Media, and Intellectuals Whine?
By:Kandjengo kaMkwanyoka Africa keeps highlighting its leadership and economic weakness and dependence on others almost daily. There is a certain mindset among us Africans that the world owes us because our continent was colonised and looted. Furthermore, we sit comfortably in our weakly run continent thinking that the world will come through for us, or […]
Renewable Energy: Namibia’s Future Least-Costly Energy
By: Hertha Ekandjo Solar and wind with storage make up the largest share of Namibia’s energy future under a least-costly energy investment scenario toward 2030 and 2040. This is according to TMP Public, a UK-based non-profit consultancy and think-tank that solves complex social and environmental problems through research, analysis and advisory services. In its study […]
Country Records Over 96,000 Sexually Transmitted Infections
By:Fransina Nghidengwa Namibia has registered over 96,000 cases of sexually transmitted infections of different types during the past five years, the Health Ministry has reported. The Health Ministry on Thursday launched the third edition of the national guidelines for the management of sexually transmitted infections (STIs). The Ministry said the revised treatment guideline on STIs […]
National Tax Burden: Citizens Owe The Tax Collector N$16 …As initial N$15 million tax refund fraud scheme approaches a billion
By:Justicia Shipena Namibian taxpayers owe National Treasury a total of N$16 billion in taxes, according to the Namibia Revenue Agency (NamRA). During a courtesy visit to State House on Thursday, NAMRA chief Sam Shivute, provided President Hage Geingob with an update on the agency’s activities. “We [are in a situation] whereby N$16 billion is owed […]
Namcor’s Acting MD To Speak On Namibian Upstream Oil And Gas At AEW 2023
By:Staff writer Namcor’s Acting Managing Director Shiwana Ndeunyema will attend African Energy Week (AEW) taking place in October this year in Cape Town. There, he is set to speak on Namibia’s upstream oil and gas activities and the investment opportunities in the country’s onshore and offshore sedimentary basins. Namibia is an emerging exploration frontier in […]
Outstanding Policies On Investment A Constraint – NIPDB
By: Justicia Shipena Pending investment laws may stifle Namibia’s efforts to attract foreign direct investment, according to Nangula Uaandja, Chief Executive Officer of the Namibia Investment Promotion and Development Board (NIPDB). In an interview with Eagle FM, Uaandja stated lack of policies is a constraint and a challenge. She said the NIPDB has informed policymakers […]
The Importance of Retirement Benefit Counselling in Namibia
By:Paul-Gordon /Guidao-ǂOab Retirement is an important stage of life and maintaining financial stability currently is crucial. The pension landscape is changing, as it does in many other parts of the world. Effective retirement benefit counselling is increasingly necessary as personal responsibility for retirement savings gains importance. 1. Retirement Benefit Crisis in Southern Africa According to […]