DIVUNDU – The CEO and founder of Namibia Berries, Michael Rodenburg, has raised critical concerns regarding challenges of land acquisition for investors in Namibia, particularly in the agricultural sector. He voiced this concern during a recent media tour of the berries farm that was organised by the Namibia Investment Promotion and Development Board (NIPDB). Rodenburg...
The Development Bank of Namibia’s 2023/24 annual report shows the institution facilitated the creation of 3 525 jobs through various projects, with a substantial focus on supporting small and medium enterprises (SMEs). The report, launched last Thursday, shows DBN supported 74 SME projects with funding of N$95.9 million. Meanwhile, the bank’s ambitious 2024-2029 Integrated Strategic...
Sustainability is the concept of meeting today’s needs without compromising the ability of future generations to meet their own. It encourages a balanced approach to using resources, taking only what we need while preserving essential resources for human survival. Sustainability involves taking conscious steps to balance environmental, social, and economic factors to ensure the long-term...
Through Access and Benefit Sharing (ABS), indigenous people and local communities can secure fair monetary compensation from business partners, utilising valuable resources like marula oil, mangetti, devil’s claw, and many others. This was the message from Verna Sinimbo, industrialisation and trade deputy minister who emphasised that Africa, and Namibia in particular, is a land of...
Kenzoll Capital, an Amsterdam-based private equity firm, and its local partners, led by Paragon Investment Holdings, have announced the long-awaited arrival of their Adamastor diamond mining vessel at Lüderitz harbour. Now that the vessel has reached Namibian waters, it is set to commence operations in Hottentots Bay, off the Skeleton coast. According to Paragon, initial...
As Donald Trump’s odds of winning the White House seemingly improve, investors are being warned that a swift retaliation from Europe would likely deliver a hammer blow to US stocks. The stark warning from Nigel Green, the CEO of deVere Group, one of the world’s largest independent financial advisory and asset management organisations, comes as a...
Personal finance spending studies found that November and December, filled with events like Black Friday, Christmas and New Year’s celebrations, are peak months for spending. The post-holiday season in January and February is typically associated with times when money is tight. However, the right savings strategies can turn this normality around. In celebration of Savings Day,...
The Seed Capital Fund of Namibia (SCFN), a non-governmental organisation dedicated to providing essential seed capital to Namibian start-ups, recently hosted a successful stakeholders engagement in Windhoek. The event marked the official launch of the SCFN’s fundraising campaign to raise N$2 million by March 2025, aimed at supporting Namibian entrepreneurs, and driving sustainable economic growth....
ETUNDA – In a groundbreaking leap for agriculture, northern Namibia is stepping into the spotlight with its very first grape harvest. This remarkable feat proves that even the harshest climates can yield sweet success. The Otjimbele Agriculture Project, led by CEO Carlos Lertxundi, is not just cultivating grapes. It is sowing the seeds of...
PARIS – Tinned tuna in many European countries are contaminated with dangerous levels of mercury, two environmental pressure groups stated. They called on retail stores and governments to take “urgent” measures. The Foodwatch and Bloom groups said authorities had to cut the permitted levels of the heavy metal. Bloom said all of the 148 tins...