Author: Maihapa Ndjavera (Maihapa Ndjavera )

Some N$1.4 million was paid out to Namibian consumers during the first quarter of 2022 by the Namibia Financial Institutions Supervisory Authority (Namfisa). 

A study by the Namibia Financial Institutions Supervisory Authority (Namfisa) concluded a local appetite exists for agriculture index-based insurance in Namibia. This type of insurance was conceptualised to help mitigate adverse weather effects around the world. 

The health sector recorded growth for the eighth consecutive quarters since quarter two of 2020. 

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.

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. 

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.

A Russian company exploring for uranium in the Omaheke region continues to ruffle the feathers of local farmers and environmental groups.

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.

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.

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.