Author: Maihapa Ndjavera (Maihapa Ndjavera )

Agriculture minister Calle Schlettwein has accused South Africa of over pricing sugar sold locally and of taking advantage of an agreement that prohibits Namibia from buying sugar from other countries. 

Ambassador of the European Union (EU) delegation to Namibia Sinikka Antila, yesterday said Namibia’s exports to the EU market has grown by 50%, and at one point reached €36 billion (about N$650 billion) while imports only grew by 8.9%.

Yesterday, the Namibian Employers Federation (NEF) released some shocking figures with regards to the negative effects of Covid-19 on the local economy. In 2019, 158 companies and in 2020 some 52 companies filed for liquidation in the High Court. 

The Ohlthaver & List Group and their joint venture partner CMB.TECH, known as Cleanergy Solutions Namibia, who are responsible for a green hydrogen production plant to be built in the Erongo region, are challenged with long equipment lead times.

Much to the expectations of local analysts, finance minister Iipumbu Shiimi yesterday tabled a 2022/23 mid-term budget review that reflects a resource allocation that is both pro-poor and sustainable. 

Director general of the National Planning Commission Obeth Kandjoze yesterday claimed allegations made by Affirmative Repositioning activist Job Amupanda, with regard to the green hydrogen project, are unfounded, twisted and manipulated to sensationalise a genuinely competent effort by government.

Namibia’s national oil storage facility (NOSF) was financed mainly by two loans from the Development Bank of Namibia and the African Development Bank. 

After two years of Covid-19 pandemic disruptions, Namib Desert Diamond (Namdia) navigated the negative impact as it performed well during the 2021/22 financial year.

In a quest to fight the escalating housing backlog in Namibia, a much-awaited housing project in the leafy suburb of Auasblick is on track after being launched on Friday.