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Posts by Otniel Hembapu:
Diamond processing and exports, increased consumption in wholesale and retail trade and tourism are anticipated to be the main driving forces behind Namibia’s continued economic recovery. The latest forecasts indicate the domestic economy is expected to grow by 3.5% this year. The multi-billion-dollar Windhoek-Okahandja road project has to date created more than 300 jobs. Agribank’s loan book significantly increased from N$194 million reported in 2022 to over N$284 million recorded as of 31 March 2023, which saw a total of 564 clients benefiting from various loan products. ǂGui biljunmaris di projeks ǀAeǁgams tsî Kaiǁkhaes daob dis ge nēsis kōse 300 sîsenga ǁanǂgāsabena ge ǂnuwiba. The government recently delivered on its promise to reprioritise and elevate the plight and dignity of evicted generational farmers, who are scattered in farm corridors across the country. I must wholeheartedly applaud and take my hat off to all organisers of agricultural seminars and summits for making the effort and taking the time to create platforms and opportunities that will benefit small and large-scale farmers in the long term. Okakarara constituency councillor Ramana Mutjavikua has expressed serious concern with the growing number of residents, especially children from disadvantaged homes, who are now turning to the town’s dumpsite for food and survival. Although the mushrooming of illegal shacks remains one of the biggest obstacles at Otjinene, the town’s village council said it will address the issue in anorderly and systematic way to avoid unnecessary public chaos. The Namibian Agronomic Board (NAB) and the country’s leading agricultural solutions company AvaGro have signed a transformative agreement that will see both entities join efforts to develop the country’s banana industry in areas of research and implementation. Namibia’s directorate of veterinary services under the Ministry of Agriculture, Water and Land Reform, has introduced a raft of new restrictions on the importation of pork products into the country, especially fresh frozen pork. The government, through the Ministry of Finance and Public Enterprises, has appointed an interim board to look into the decelerating affairs of Meatco, the country’s largest meat processing and marketing entity. The agricultural sector’s overall contribution to Namibia’s gross domestic product (GDP) stands at over 5%, and about 70% of the country’s population wholly depends on agriculture for employment, income and food security. Namibia’s livestock sector experienced an incessant month-by-month decline in cattle exports, which saw the number of exports plummeting from 22 214 heads exported in August this year to 13 899 heads exported in September. Topline Brahman and Simmentaler breeds will go under the hammer this coming Friday at the Northern Select’s much-anticipated auction at Agra Pens in Grootfontein, where some of the country’s best-kept bulls and females will be on display. The National Youth Service (NYS), tasked with providing civic, technical and vocational training opportunities to the country’s youth, is slowly but surely making a name for itself in the agriculture space, and it is now regarded as one of the biggest contributors to food security. The Namibia Agronomic Board (NAB) currently oversees three vital agronomic crops that are gazetted as controlled, namely: white maize, pearl millet (mahangu) and wheat. Having recently celebrated 10 years of unmatched service excellence to Namibian farmers, the Agro-Marketing & Trade Agency (AMTA) continues to solidify its brand and prides itself in being the custodian and linkage between local farmers and consumers. Agribank, the country’s premier agricultural lender, continues to make tremendous inroads in the area of women and youth empowerment through the deliberate diversification of its loan book, which saw female farmers receive a decent share of loans as per records of 31 March 2023. The Namibian sheep sector recorded strong marketing activities during the first quarter of 2023, which kept the industry well on the recovery path at a growth rate of 47%. Kavango West is on the right trajectory to become Namibia’s breadbasket as the premier food producing region, its governor Sirrka Ausiku has said.