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Posts by Maihapa Ndjavera:
Mobile telecommunications giant MTC has strongly refuted allegations of favouritism regarding the erection of network towers and has shed light on criteria for setting up the infrastructure. He stated that there was no favouritism in the appointments and said it was characterised and anchored upon the principles of “Although the reduction of the low margin goods materially affected sales, this was overcome by venturing into alternative higher margin lines. Namibia needs to be prepared well ahead of time to mitigate against the unintended consequences for the ambitious African Continental Free Trade Area (AfCFTA) by exploiting opportunities in the agreement. Mutorwa noted that it is crucial and commendable under the current economic challenges and unemployment that most locals are catered for at the site. The Road Fund Administration (RFA) on Tuesday held its strategic business plan stakeholder’s consultation for April 2021 to March 2026 and shared the revenue overview for this period The domestic recession exacerbated by the Covid-19 pandemic is still to affect small and medium enterprises (SMEs) particularly hard. The Road Fund Administration (RFA) yesterday introduced its new corporate identity, replacing the brand that had been in use since it commenced business operations in 2000. During the month of September 2020, the volume of Namibian diamonds produced stood at 36 601 carats. This figure is the lowest monthly production by far between January 2015 to September 2020. The Composite Index of Beverages, consisting of alcoholic and non-alcoholic beverages, recorded 95 basis points in September 2020, up by 19.5% and lower by 33% when compared to August 2020 and September 2019, respectively. Government, in partnership with the participating commercial banking institutions and with financial support of the Bank of Namibia, on Friday announced the commencement of the Covid-19 SME loan scheme to the tune of N$500 million. The World Bank projects Namibia’s extreme poverty rate to rise by nearly 2.7 percentage points in 2020, as the Covid-19 pandemic threatens to widen existing large income gaps and increase the already extremely high inequality. Food and non-alcoholic beverages recorded the highest annual inflation rate in 2020 with 7.1% recorded in October 2020 compared to 4% registered at the same time last year. Some elderly voters from Katutura yesterday claimed polling officials denied them preferential treatment to cast their votes in the regional council and local authority elections. The most awaited annual sales day, Black Friday, is expected to be subdued this year due to so much uncertainty about job security and steady incomes that usually include bonusses. The Ministry of Health and Social Services (MoHSS) deferred year-end payments are increasing in terms of drug procurement, which is an indication of the financial pressure in the ministry. Alcohol and drug abuse has become a public health concern in Namibia, with stakeholders calling for enforcement of a comprehensive framework of policies to effectively tackle alcohol and drug harm in the country. Namibia is in the process of developing a National Africa Continental Free Trade Area (AfCFTA) Implementation Strategy and Action Plan. WINDOKO – Sebeliso maswe ya bucwala ni lino zekola, seli pilaelo ya sicaba hala makete mwanaha Namibia, mi tutengo totu beleka hamoho tubata kuli milao itahiswe yelwanisa kozi yetiswa ki bucwala ni lino zekola. To help ensure a lifeline to up and coming businesses, the industrialisation ministry initiated the Covid-19 start-up grants during phase one of the lockdown period resulting in 240 businesses benefiting from a total of 874 that applied.