Month: September 2024

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Agronomic board awards top producers… donates N$1m towards drought 
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Agronomic board awards top producers… donates N$1m towards drought 

The Namibia Agronomic Board at its annual National Agronomic and Horticulture Awards (NAHA) recognised and awarded the country’s various top producers during a glittering ceremony that was recently held at the Olushandja Marketing Hub in the Omusati region.  For this year, the annual awards were held under the theme ‘Enhancing food security amidst climate change...

Farmers’ kraal – How farmers can manage veld fires 
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Farmers’ kraal – How farmers can manage veld fires 

Rangeland productivity is influenced by several factors such as rainfall soil condition, fire, herbivory, and other ecological forces like plant competition, amongst others.  In addition, human activities cannot be ignored when it comes to rangeland utilisation. The adverse influence of these factors can disturb the normal ecological processes, leading to rangeland degradation. One of the...

Part 2: Pitching your business to lenders, investors
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Part 2: Pitching your business to lenders, investors

As we continue from our last article about understanding different investors and their interests, it’s imperative to tailor your pitch deck to your audience.  A topic I presented at the African Union MSME forum, themed “Fostering financial empowerment and educational innovations for African startups and MSMEs” on Tuesday 10 September 2024 sparked further engagement after...

Haiyambo: Lack of Halal certification problematic
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Haiyambo: Lack of Halal certification problematic

With access to the European market getting stringent by the day due to several new regulations and policy barriers, now is the right time for Namibia to secure its Halal certification to explore the hugely-lucrative Middle East markets.  These were observations of the Bank of Namibia’s director of research and financial sector development, Emma Haiyambo. ...

 Water scarcity cripples gardens in Epukiro… more boreholes needed
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 Water scarcity cripples gardens in Epukiro… more boreholes needed

Zebaldt Ngaruka OHAMBO JATATE – General water scarcity, exacerbated by ongoing drought conditions, continues to be the most significant challenge facing community garden initiatives in the Epukiro constituency of the Omaheke region. AgriTodayconducted a visit to various garden initiatives within the constituency, and observed that numerous projects are facing challenges in attaining optimal yields due...

EU launches WTO challenge against China probe
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EU launches WTO challenge against China probe

BRUSSELS – The EU yesterday launched a WTO challenge against a Chinese anti-subsidy investigation into imports of European dairy products, in an escalating trade row between Beijing and Brussels. Beijing announced its probe in August after the European Union unveiled a plan to hit Chinese electric vehicles with hefty tariffs. “Today, the (European) Commission launched...

Rate cut may boost construction activity 
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Rate cut may boost construction activity 

The slight interest rate relief from the 25-basis points repo rate cut by the central bank in mid-August might lead to an increase in the number of building plans submitted and completed, as individuals and developers take advantage of the moreaffordable credit environment. This is according to stock brokerage Simonis Storm (SS)in its take on...

Oryx portfolio value up to N$4.1b
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Oryx portfolio value up to N$4.1b

For the end of the financial year ended 30 June 2024, Oryx Properties reported a total comprehensive profit of N$384.8 million, which is a significant increase from N$190.9 million in 2023.  Oryx’s total portfolio value increased by N$1.072 billion or 35% to N$ 4.167 billion – up from N$3.095 billion in 2023. These figures financially...

Budget must show agriculture is a national priority…Schlettwein calls for alignment of fiscal allocation
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Budget must show agriculture is a national priority…Schlettwein calls for alignment of fiscal allocation

Agriculture plays a pivotal role in Namibia’s economy, supporting livelihoods and contributing to food security. However, the current budget allocation does not reflect its importance. This is according to agriculture minister Calle Schlettwein, who recently warned that the current budget allocation for agriculture is inadequate. “At 2.3% of total non-interest expenditure, and about 0.7% of...

Opinion – Political mentoring for future leaders
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Opinion – Political mentoring for future leaders

With the conclusion of the Swapo Party electoral college, or “Swapo Pot”, the nation saw an unparalleled youth surge in the political sphere.  Many young candidates, including Fenny Tutjavi (22), a youth activist for millennials, Emma Theofelus (28) the minister of information and communication technology (ICT), and Dino Ballotti, the head of business and public...