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Budget Hits N$100 Billion Milestone … cause for celebration or concern?
By: Nghiinomenwa-vali Erastus After fluctuating between N$60 billion and N$86 billion for eight years, the treasury, under the guidance of the central government, has propelled the national budget by approximately N$10 billion, reaching the significant N$100 billion mark. This increase, from N$89.0 billion in the current financial year, signals an intention to allocate […]
Ongos FC Host Khomas Nampol FC For Premier League Number-One Spot
By: Uakutura Kambaekua Namibian Premier League football is back this weekend after going on a one-week hiatus in honour of the State burial of late President Hage Geingob. The battle for the top spot in the Namibia Football Premier League has intensified, with Ongos FC set to host newly promoted Khomas Nampol FC in […]
Construction on the Dr. Abraham Iyambo Primary School to Resume
By: Loise Shiimi The construction of the Dr. Abraham Iyambo Primary School, which was abandoned in 2017, is on the brink of revival after seven years of stagnation. The school project, located in Windhoek’s Moses Garoeb constituency, was halted in 2017 due to concerns about the site’s location on a hill, which posed […]
Omuthiya To Spend N$1.3 Million on Stormwater Infrastructure
By: Juliana Iikela Omuthiya Town Council is set to invest N$1.3 million in stormwater infrastructure to address continuous terrestrial runoff issues plaguing the town’s roads and shopping complexes due to rainfall in recent years. The announcement of this financial commitment to the town’s development was made during the handover of the stormwater infrastructure […]
‘Extreme Poverty Still Rampant in Namibia’ – Civil Society Groups
By: Hertha Ekandjo Civil society representatives from various regions across Namibia have expressed grave concerns over the enduring levels of poverty and desperation among ordinary citizens despite the potential the country possesses. These sentiments were echoed in submissions received and compiled by the Institute for Public Policy Research (IPPR) this week, following engagements […]
Capricorn Foundation Pledges N$1.8 Million Towards Education Initiatives
By: Dolly Menas In a proactive move to drive socio-economic progress through education, the Capricorn Foundation has earmarked close to N$1.8 million for various education and training programs over the past three months. The Foundation firmly believes that investing in education creates a ripple effect that fosters a nation’s overall economic prosperity. Marlize […]
Increased Transaction Fees and Loan Book Expansion Drive Capricorn Group’s Profits
By: Staff Writer Capricorn Group, the parent company of Bank Windhoek, has reported a substantial increase in profits after tax, amounting to N$827.6 million for the period between July 1st and December 31st last year. This marks an 18.5% surge from the N$698.2 million reported during the same period in 2022. “This represents an […]
Schlettwein Reacts to “Disappointing” Agriculture Budget Allocation
By: Justicia Shipena Agriculture Minister Calle Schlettwein has expressed concern that the already struggling green schemes projects are unlikely to achieve their full production capacity due to the latest budget allocation. Schlettwein says one of the factors which have been affecting production at green schemes was the persistent resource constraints. He made these comments […]
Former First Lady Stresses Readiness: Calls on Namibians to Arrange Wills … As She Sounds Alarm on Increasing Cancer Cases
By: Justicia Shipena Former First Lady Monica Geingos urged Namibians to be proactive and organize their wills since death can come unexpectedly. She emphasised that death is a humbling experience and pointed out that individuals are not summoned by their creator at a time convenient for themselves or their loved ones. “Please go and […]
Enertrag CEO Expresses Optimism About Namibia’s Green Hydrogen
By: Dwight Links Enertrag’s chief executive officer, Tobias Bischof-Niemz, has expressed optimism about Namibia’s green hydrogen initiatives saying the country has a potential to industrialise through investments and the production of green hydrogen. Bischof-Niemz, who was speaking at the International Energy Agency conference, is also an advisor to Hyphen Hydrogen Energy, the German […]