Local food production is finally taking off because of policy initiatives over the years. However, Namibia is still importing most of its fruits and vegetables.
Author: Maihapa Ndjavera (Maihapa Ndjavera )
Mungunda calls for rural development
Founder of Ombu Capital Vetumbuavi Mungunda yesterday said the lack of rural economic activities would lead to even more urban migration that will bring about more challenges in urban areas.
Policy environment to determine oil discovery impact
Recently, a joint venture consisting of Shell announced the discovery of oil offshore. Soon after that, another joint venture consisting of TotalEnergies made a similar announcement, with Qatar Energy and the National Petroleum Corporation of Namibia (Namcor) partners in both discoveries.
Banks probed for ‘discrimination’… institutions accused of unreasonably high and unfair prices
The Namibian Competition Commission has initiated two investigations into the banking sector on account of discriminatory practices.
Khomas consumers feel inflation pinch
Consumers in the Khomas region are expected to tighten their belts even further as inflation in the region is on an upward trajectory. The zonal inflation rates for the month of February 2022 revealed that Khomas region recorded the highest annual inflation rate of 5.3%.
Namibia export earnings drop by 24%
For the month of January 2022, Namibia’s export earnings stood at N$7.6 billion, representing a decrease of 24% monthly, while the imports bill amounted to N$11.7 billion, down by 6% on a monthly basis.
PDM bemoans deplorable informal settlements…Venaani highlights right to adequate housing
Popular Democratic Movement (PDM) president McHenry Venaani has described Namibia housing situation as distressing, specifically informal settlements that he said is “shocking”.
‘No more excuses’… Geingob charges ministers to fast-track projects
President Hage Geingob has charged all ministers to ensure they implement to the letter projects under their portfolios, including those contained in the fifth National Development Plan and the Harambee Prosperity Plan II without delay.
Govt reviews SOE ownership policy …deciding on which public enterprises to keep and let go
Finance minister Iipumbu Shiimi this week stated government is currently interrogating the state-owned-enterprise ownership policy at Cabinet level.
Uaandja: N$94 billion investments in pipeline
Namibia has secured about N$94 billion worth of investment opportunities with the potential to create 122 000 jobs, CEO of the Namibia Investment Promotion and Development Board Nangula Uaandja said yesterday.