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Coastal Hospitality Sees Surge in Occupancy Rates
By: Staff Writer Last month, the coastal region of Namibia experienced a significant upswing in tourism, marking the highest occupancy rates in the sector at 71.9%, according to financial analysts Simonis Storm Securities. This achievement, surpassing 70%, is noteworthy as it hasn’t been seen since October 2018. Northern Namibia secured the second position with a […]
Kamanjab Drills Four Boreholes Worth N$5 Million
By: Uakutura Kambaekua The Kamanjab Village Council says it has commissioned the drilling of four boreholes to improve water supply at the town. The four boreholes funded with N$5 million allocated from the Ministry of Urban and Rural Development are expected to be completed by February next year. The project aims to ensure a reliable […]
Entrepreneur Urges Shift from Entitlement Mentality for Economic Progress
By: Mathias Hangala Local entrepreneur Marisna Burger has emphasised the need for Namibians to abandon an entitlement attitude, which she believes contributes to a culture of dependency. Burger asserts that unlocking Namibia’s potential requires a shift in mindset, particularly away from relying on external assistance for every need. Burger’s comments come amid public calls for […]
Cashing in to Help Your Business Survive: The Importance of Cash flow Management
By: Tomas Koneka Iindji Every successful entrepreneur understands that cash flow is the lifeblood of their business, and that without it, the business will not survive. In the current economic environment, effective cash flow management is crucial for any business to stay afloat. Cash flow provides the necessary funds for day-to-day operations and helps protect […]
Xinfeng Constructing a Lithium Processing Plant
By: Justicia Shipena Chinese mining company Xinfeng Investment (Pty) Limited says it is constructing a lithium processing plant in Namibia. Construction of Xinfeng’s lithium processing plant was first revealed by Chinese ambassador Zhao Weiping during a media briefing on Wednesday. The company last week confirmed the ambassador’s announcement saying the lithium plant, expected to be […]
Only 288 Out of 3,927 Jobseekers Secured Jobs in Q2
By: Nghiinomenwa-vali Erastus The local job market is still struggling to absorb thousands of job seekers registered on the government’s online employment system amid the growing national unemployment rate. For example, the job market was only able to absorb 288 individuals out of the 3 927 jobseekers referred to employers for possible placement in […]
Gold Refinery not Profitable in Namibia – B2Gold
By: Justicia Shipena B2Gold, a Canadian owned company, says it foresees difficulties making profit if it were to establish a gold refinery in Namibia in line with the country’s value addition aspirations. B2Gold’s country manager, John Roos, said: “To put up a refinery in Namibia is absolutely too costly, and there is no payback […]
NaCC Investigates Alleged Collusion Among Fishing Vessel Owners
By: Nghiinomenwa-vali Erastus The Namibia Competition Commission is investigating potential collusion among various vessel owners and operators in the Namibian fishing industry, focusing on allegations of fixing fishing quota usage fees, among other things. The Namibia Competition Commission received information twice this year, raising concerns about possible collusion among vessel owners and operators. The […]
83% of People with Disabilities Don’t Have Formal Education
By: Annakleta Haikera Namibia continues to grapple with educational challenges faced by people living with disabilities, particularly in rural areas, where a staggering 83% lack formal education. This issue disproportionately affects young girls and women, with women comprising over 51,215 individuals, compared to around 48,288 men, as reported by Jessica Gawachab, the project manager […]
Unconventional Thoughts: Students Launch “Diabetes Sugar Smart” Campaign
By: Staff Writer Public Relations students from the University of Science and Technology took their coursework to a practical level by launching the “Diabetes Sugar Smart” campaign in honour of World Diabetes Day. The initiative, which kicked off with an activation event at Pioniers Boys School on 9 November 2023, aims to challenge stereotypes […]