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Banking Sector Assets Valued at N$174.6 Billion
By: Justicia Shipena The banking sector in Namibia witnessed a 1,5% increase in total assets value, reaching a staggering N$174,6 billion in the third quarter of 2023. This growth was primarily attributed to rises in cash and bank balances, short-term negotiable securities, and net loans and advances, according to the Bank of Namibia’s Macroprudential Oversight […]
Namibia Records Trade Surplus with Africa Twice in 2023
By: Nghiinomenwa-vali Erastus Fearing becoming a dumping site once the economically hyped continental free trade area starts, Namibia has demonstrated its trade prowess in the past seven months of trade statistics analysed by The Villager this year. According to the Namibia Statistics Agency, Namibia has, in the past seven months, exported more to Africa than […]
ECB Foresees Looming Crisis Over Pre-paid Meter Roll-Over
By: Staff Writer The Electricity Control Board of Namibia (ECB) has raised concerns about the low rollover rate of prepaid metres following the launch of its Token Identifier (TID). With a looming deadline less than a year away from the hard TID cut-off date of 24 November 2024, ECB boss Robert Kahimise revealed that over […]
Geingob Calls for Financial Discipline in the Military
By: Justicia Shipena President Hage Geingob has called upon the Namibian Defence Force to exercise financial prudence by prioritising operations and projects within the constraints of its allocated budget. He emphasised the importance of achieving more with fewer resources and working intelligently within the military’s limitations. This was necessary, Geingob said while arguing that even […]
Africa’s Renewable Energy Capacity Expected to Reach 290 GW by 2035
By: Nghiinomenwa-vali Erastus Africa’s renewable capacity is predicted to reach a modest 24 GW by 2023, primarily propelled by onshore wind and solar capacity. However, a substantial increase is anticipated around 2026, with onshore wind, solar, and hydrogen capacity leading to a 55% Year-on-Year surge over 2025. This is according to the African Energy Chamber’s […]
Chevron Donates N$6.6 Million Towards Food Security and Drought Relief Projects
By: Hertha Ekandjo Multinational energy corporation Chevron has donated N$5.6 million to projects supporting food security in Namibia, along with an additional N$1 million for emergency drought relief targeting vulnerable women and children. Chevron’s donation will be handled through the United States Agency for International Development (USAID) after the company signed a cooperation agreement with […]
206 Kunene Police Officers Elevated to Higher Ranks
By: Uakutura Kambaekua Over 200 Namibian Police Force personnel in the Kunene Region were promoted to higher positions, in an effort to boost morale and promote work ethics in the Police Force. At the ceremony held last week, NamPol’s Kuenene regional commander, James Nderura, said those promoted were recognised for their unwavering commitment, allegiance, and […]
Project Management Is A Critical Role
By: Page Kashikuka The environment in which we live is created, enhanced, and maintained by civil engineers. Roads, trains, airports, bridges, harbours, dams, irrigation projects, power plants, and sewage systems are just a few examples of the infrastructure and building structures they plan, design, and supervise during construction and upkeep. There are two main categories […]
Starving Oxen, Donkeys Stresses Northern Communal Farmers
By: Loise Shiimi Crop farmers in the Northern Communal Areas (NCA) and specifically in regions such as Oshikoto, Oshana, Omusati and Ohangwena are battling various challenges as they kick off their ploughing season following good rainfall. While the precipitation has prompted farmers to commence ploughing, the readiness of oxen and donkeys, along with seed […]
Unam Law Students Blame Lecturer for 95% JTC Failure
By: Ludorf Iyambo Law students at the University of Namibia’s (Unam) Justice Training Centre have accused their lecturers of intentionally failing them. The students voiced their grievances against lecturers, holding them accountable for a staggering 95% failure rate in the JTC examination. The students’ dissatisfaction stems from the final exam for the Civil Procedure […]