Minister of international relations Netumbo Nandi-Ndaitwah has hailed Namibian cattle breeders as the ‘best in the world’ describing them as talented and creative who go through so much to produce one of the best beef in the world amidst harsh climatic conditions.
Year: 2020
PPPs are a significant opportunity for development – Schlettwein
Minister of Finance Calle Schlettwein says Public-Private Partnerships (PPPs) are an excellent opportunity for the development of the Namibian economy.
EIB expected to increase African investment
The European Investment Bank (EIB) is expected to increase its Africa financing to €4 billion (N$65.2 billion at an exchange rate of 16.3) in 2020. Looking ahead, the EIB expects to significantly increase engagement in both sub-Saharan and North Africa and to provide the €4 billion to support public and private investment across the continent in 2020.
Debmarine revenue, production declined
De Beers Marine (Debmarine) Namibia’s revenue, production and earnings before interest, tax, depreciation and amortization (EBITDA) declined with significant percentages for the 2019 financial year.
Housing market remains stable
The rental market continues to bottom-out although at a moderate pace. In effect, the FNB Rental Index as at December 2019 shows a contraction of 0.8% - reflecting a steep improvement from a contraction of 8.6% recorded over the same period in 2018.
Parliament explores areas of cooperation with Russia
The two presiding officers of the Namibian parliament, speaker of the National Assembly Peter Katjavivi and chairperson of the National Council Bernard Sibalatani have praised the long-standing relations between Namibia and Russia, further adding that inter-parliamentary cooperation has the potential to improve the work of the legislature.
unWrap – Namibian toddler embraces the beauty world
The atmosphere of a pageant feels like a home away from home for the eight-year-old Christine Haindongo who has an international pageant lined up for her soon.
unWrap – Kboz and Sally on divorce rumours
Despite a very strong rumour mill and speculation that there might be trouble in the paradise of award-winning celebrity couple DJ Kboz and Sally Boss Madam’s marriage, the two are not giving away much to deny or confirm the buzz.
APLI – 2020 Fellows Part 2
The African Pathfinder Leaders Initiative Fellowship has admitted 14 Fellows for the 2020 Fellowship. Below are brief profiles of the last seven, and their experience at the first APLI Residential Training:
Okapembambu to get new classrooms
OPUWO – The Okapembambu Primary School will soon have proper classrooms, hostel facilities for both girls and boys and accommodation for teachers, thanks to the Pupkewitz Foundation.