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Fuel Prices Drag Down Agri-inflation, As Urea Refuses To Budge
By:Nghiinomenwa-vali Erastus Agri-inflation came down to 8.7% in the first quarter of 2023 slowing down from 2022 levels above 15% when comparing year-on-year. This is according to the first Quarter Agri-Review 2023compiled by the Namibia Agricultural Union (NAU) researcher Bertha Xulu. The slow increase in agricultural inputs can be considered a relief to farmers […]
Declining Inflation Offers Little Relief As BoN Governor Emphasises Ongoing Economic Vulnerability
By:Justicia Shipena Amidst the high cost of living and inflation shocks driving down, countries are not out of the woods yet, the Governor of Bank of Namibia (BoN) Johannes !Gawaxab has said. For the second quarterly Common Monetary Area (CMA)Governors’ meeting of the year held on Friday, the BoN hosted the governors of the central […]
Health Commodities Remain Pricey And Exclusive … universal healthcare a pipe dream, report finds
Nghiinomenwa-vali Erastus Health commodities in Namibia are still pricey and unaffordable to ordinary citizens despite several developments in the sector and increases in the number of public and private health facilities in the country. In fact, since 2005, the increase in health facilities, professionals and the introduction of various technologies in the sector only pushed […]
No Plans To Abandon: BoN Stays Committed To US Dollar For International Trade
By: Justicia Shipena Despite recent reports that countries are moving away from the US dollar, Namibia’s central bank is not considering allowing the country to purchase goods such as oil in its local currency. This comes as The Villager in May had reported that, if Namibia signs agreements with central banks of oil-producing countries, it […]
//Hoebes Raps Seibeb On The Knuckles Over Green Hydrogen
By: Justicia Shipena Minister in the Presidency Christine //Hoebes has described Landless Peoples Movement (LPM) parliamentarian, Henny Seibeb’s allegations against the Green Hydrogen project as “deceptive and selfish” in pursuit of a misplaced political goal. //Hoebes was responding to Seibeb’s queries about his motion on the Green Hydrogen Project, which he tabled last month. Seibeb […]
Trade Deficits Plague Namibia Despite Encouraging Export Performance
By: Justicia Shipena Namibia continues to have monthly trade deficits even though exports have been growing faster than imports in recent months, financial research firm Simonis Storm has observed. This week, Simonis Storm published a report on trade figures for the month of May, which revealed that Namibia’s trade activity increased in value by 18.7% […]
Namibia Needs To Develop Strong Trade Relations With African Countries – Economist
By: Hertha Ekandjo With Namibia importing 22% worth of goods from African countries in 2020 following the closure of overseas ports and trade restrictions due to the pandemic, economist Abednego Ekandjo said it is crucial for Namibia to build strong trade relations with other African countries. Whether it is SACU, SADC or African Union policies, […]
Societal Needs Requires Adaptable and Evolving Banking Sector
By: Nghiinomenwa-vali Erastus Banks must adapt and meet the evolving needs of all their stakeholders in the economy, said Bank Windhoek’s Managing Director, Baronice Hans. She made this statement when she handed over the Chairpersonship of the Bankers Association of Namibia (BAN) in Windhoek last week. Hans explained that the banking sector is vital as […]
New System Launched To Transform The School Feeding Programme
By: Hilya Ngolo The Ministry of Education, Arts and Culture and the World Food Programme (WFP) have launched the Namibia School Feeding Information Management System (Nasis) in Windhoek this week. The initiative aims to improve monitoring, evaluation, and reporting of the Namibia School Feeding Programme (NSFP) in government schools. Chief Education Officer Simon Mupupa said […]
Namibia Gives Angola’s Yona National Park Giraffes
By: Staff Writer Fourteen giraffes, from Namibia, arrived this week in Angola, as part of the re-stocking programme of the species in the Yona National Park, located in the municipality of Tombwa, south-western Namibe Province. According to the Tombwa administrator, Abelardo Lemba, there are five males and nine females, which over the next few days […]