The health sector recorded growth for the eighth consecutive quarters since quarter two of 2020.
Author: Maihapa Ndjavera (Maihapa Ndjavera )
Water concerns dampen Omaheke uranium prospects…as miner adamant proposed extraction proves no threat
The Stampriet Aquifer Uranium Mining Committee, representing the interests of inhabitants of south-east Namibia in the Omaheke region, are concerned proposed uranium extraction methods could potentially harm an aquifer that supplies the only fresh drinking water in the area.
!Gawaxab hails Kavango regions’ potential
The two Kavango regions have immense potential to contribute to solving Namibia’s economic problems because they boast fertile land, a great supply of water, favourable climate conditions and abundant natural resources.
Striking cement workers threatened with sack
Over 100 workers of the Cheetah Cement factory at Otjiwarongo embarked on a strike for better pay yesterday, while the company has threatened retrenchments and reminded workers that they will not be paid during the strike.
Omaheke uranium exploration tension continues
A Russian company exploring for uranium in the Omaheke region continues to ruffle the feathers of local farmers and environmental groups.
NHE increases lending rate
The National Housing Enterprise clients who tightened their financial belts during the last couple of months due to the devastating impact of Covid-19, coupled with a persistent domestic recession as well as escalating fuel and food prices, now face another hike in lending rates.
Construction activities slump
The real value of building plans approved declined by 7.8% and 9.1% year-on-year and quarter-on-quarter, respectively, to N$502.4 million during the first quarter of 2022.
Cooking oil prices continue escalating
Prices for cooking oil and fats increased by 26.2% in June 2022 compared to 16.7% registered during the same period a year earlier.
NHE switches to aggressive land acquisition
To deal with the challenge of inadequate capital and availability of affordable and serviced land, to provide houses as per its mandate, NHE is looking to private partners to boost the number of houses it is delivering.
Almost 60% of Namibians consume unhealthy diet
Some 56.8% of Namibians are unable to afford a healthy diet. This translates to 1.4 million people in 2020 – and this number is expected to have increased during the last two years.