Author: Maihapa Ndjavera (Maihapa Ndjavera )

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Covid-19 slashed local business turnover by 81%
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Covid-19 slashed local business turnover by 81%

Figures from the latest Private Sector Development Survey (PSDS) 2019/20 indicated that almost half of the businesses in which turnover was slumped experienced a decline of at least 81%. Some 90% of the survey respondents said they suffered a loss of turnover while 30% of businesses experienced a decline between 91% and 100%, while another...

Government gathers for Economic Advancement chapter of HHP 2
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Government gathers for Economic Advancement chapter of HHP 2

The Office of the President yesterday held a planning workshop for the Economic Advancement chapter for phase 2 of the Harambee Prosperity Plan (HPP). The workshop was attended by key government officials responsible for implementing this chapter of HPP, and the outcome will be incorporated into the new policy framework.   According to the final report...

Health ministry receives PPE worth N$2 million
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Health ministry receives PPE worth N$2 million

The health ministry on Monday received a donation of personal protective equipment (PPE) worth N$2 million from Capricorn Group, Project HOPE Namibia, and FirstRand Namibia.  The donation was received by the Minister of Health and Social Services, Dr Kalumbi Shangula, at the Covid-19 Communication Centre to help in the nationwide effort to tackle the virus....

EIF resource mobilisation totalled N$1.3 billion
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EIF resource mobilisation totalled N$1.3 billion

As a task to expand its revenue optional pool to diversify its resources, the Environmental Investment Fund of Namibia (EIF) established a Resource Mobilisation Strategy as a framework for revenue generation through which it managed to mobilise about N$1.3 billion.  This was confirmed in the Fund’s 2018/2019 annual report. CEO of EIF Benedict Libanda said...

Affordable housing contractors put pen to paper
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Affordable housing contractors put pen to paper

Eight contractors yesterday signed agreements with the National Housing Enterprise (NHE) towards phase one of the informal settlement upgrading project, which will see a total of 1 200 houses being constructed in Windhoek.  A total of 600 houses are expected to be built during phase one, and eight contractors have been handed phase one. They...