Namibia’s economic growth has historically been driven by commodities.
Author: Maihapa Ndjavera (Maihapa Ndjavera )
NBL revenue at N$2.4 billion despite headwinds… SA exports up 49% as half-year revenue jumps by 20.6%
Namibia Breweries Limited (NBL) continued to show resilience in a highly-subdued economy, with half-year revenue increasing by 20.6% to N$2.4 billion.
Oil impact in Namibian hands
Namibians will decide if recent oil discoveries will positively change their lives or become another curse.
Geingob upbeat about economic revival …leaves opposition hanging
President Hage Geingob yesterday struck an optimistic tone and assured the nation that Namibia’s economic trajectory entered a period of revival, with green shoots on the horizon, but the fact that he left parliament without answering all questions irked some opposition members.
National Cooling Strategy soon heading to parliament
Trade and industrialisation minister Lucia Iipumbu says Namibia has recognised that achieving its global warming targets and commitments requires sectoral approaches. Thus, a National Cooling Strategy has been drafted and will soon be submitted to parliament for endorsement.
Imminent drought threatens food security…farmers advised to be innovative to avoid further losses
Given the below-average rainfall since the beginning of this year’s rainy season, the country faces a substantial risk of low water supply and poor grazing
conditions.
Exporting raw diamonds must end – PM
The exportation of raw diamonds should come to an end, and Namibians should rather sing a song of local value-addition, Prime Minister Saara Kuugongelwa-Amadhila said yesterday.
Slow implementation concern Namibia, Tanzania foreign ministers
International relations minister Netumbo Nandi-Ndaitwah said it is vital that Namibia and Tanzania prioritise the speed of pending agreements in various fields which have been identified, as this will strengthen and deepen cooperation between the two states.
SOE boards shy away from training …as only seven out of 38 board members showed up
State-owned enterprises (SOEs) board members last week failed to show up for compulsory induction training, with many of the new board members providing no reason for their absence.
Namibians owe NamRA N$69 billion
Namibian taxpayers owe the Namibia Revenue Agency over N$69 billion through capital debts, interest and penalties.