Agriculture

This week, we close on debt management with an example of two specific methods on how to pay off your debt, using the Snowball method or the Avalanche method. 

A few months ago, Shirley Katuuo experimented with the idea of launching her poultry farming. The idea was to rear chickens for eggs, which would then be sold locally to individual buyers and small shops. 

The growth of the agriculture sector in Namibia has been phenomenal. Statistics indicate agriculture in Namibia contributes around 5% of the national Gross Domestic Product.

We continue building on the column shared two weeks ago. However, we will cover the last part of the debt management concept.

The conversion of land to agriculture and the creation of urban settlements, as well as the overexploitation of natural resources is one of the main drivers of biodiversity loss in Namibia, the deputy minister of environment, forestry and tourism has said.

It is common knowledge that livestock and crop farming are increasingly under threat from risks such as drought, and it has become essential for farmers to explore diversification options to sustain their farming ventures. 

It having been a long weekend, I couldn’t help but think how important it is for farmers to learn how to manage their own money before they can manage that of the business.

In such hard times, especially when the farming community stares another devastating drought in the eye, we should develop a thick skin if we are to sail through such looming drought and other farming hardships.

Despite growing around cattle, Mitchell Simataa was never inspired to take up farming at a tender age. In fact, the sight of cattle scared him - their huge horns and bulky appearance was anything but inviting for Simataa.