National electric power utility company, the Namibia Power Corporation (NamPower) financial performance was impacted by the economic downturn over the past five years, exacerbated by the Covid-19 pandemic.
Author: Maihapa Ndjavera (Maihapa Ndjavera )
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City housing prices concern Uutoni
Urban and rural development minister Erastus Uutoni is concerned about housing prices, which he said should not be bitter but must be accommodative and affordable for residents to achieve the basic concept of owning a home.
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Namibia borrows N$29m daily
As finance minister Iipumbu Shiimi is preparing to table the 2023/24 budget in the National Assembly on Wednesday, the country’s growing debt levels will weigh heavy on the mind of the former central bank governor.
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NCCI urges SMEs to utilise recovery loans
The Namibia Chamber of Commerce and Industry (NCCI) is urging small and medium enterprises (SMEs) to utilise the relaunched Covid-19 SME Loan Scheme, now renamed the SME Economic Recovery Scheme.
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Uutoni enters city workers’ fray
Urban and Rural Development Minister Erastus Uutoni yesterday slammed the City of Windhoek’s leadership for failing to agree terms with striking cleaners.
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Higher credit cost still haunts consumers…as BoN raises repo rate
Consumers have to keep on tightening their belts, just as they have been doing for the last couple of years due to the severe impact of the Covid-19 pandemic on living costs, coupled with a persistent recession.
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Omaheke aims to become major dairy producer
The Omaheke region, well known as Namibia’s cattle country, has embarked on a quest to save the country’s dairy industry from total collapse. According to Omaheke governor Pijoo Nganate, the region is in line to become one of the hubs for dairy products amidst efforts to become self-sufficient and create more employment.
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City cleaners demand permanent employment
City of Windhoek ward contractors on Monday embarked on a demonstration demanding better working conditions. Workers are further demanding permanent employment as many of them have been working on a contract basis from as far back as 1990.
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PM urges youth to harness opportunities for economic growth
Prime Minister Saara Kuugongelwa-Amadhila said Namibia is a wealthy country, but the majority of its citizens are poor.
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Nganate advocates for Omaheke uranium mining
Omaheke governor Pijoo Nganate last week urged Namibians to abandon what he called ‘fear of the unknown’ to allow Uranium One to continue with its controversial mining operations in the area.