Farming businesses are vital enterprises that produce food for all people in any country. They generate income for their owners, and ensure that local employment opportunities are created for the unskilled and semi-skilled segment of the populace.
Business
Labour ministry warns against mandatory vaccinations
The labour ministry does not, at this juncture, advise employers to introduce mandatory vaccinations at workplaces. Rather, the ministry, as the government’s authority on all labour matters, advises that employers address Covid-19 at the workplace with a policy that is consistent with government’s official position.
Ethiopian Airlines’ B737 MAX returns to the sky
Ethiopian Airlines returned its B737 MAX to the sky on Tuesday for the first time since two deadly crashes in 2019 forced regulators to ground the entire 737 fleet around the world.
More than 3 200 retrenchments in 2021
More than 380 Namibian employers provided notice to the labour commissioner to retrench 3244 employees from 1 January 2021 to 31 December 2021.
RMB expects 3% domestic growth for 2022
According to Rand Merchant Bank’s (RMB) Markets Research team, Africa’s outlook for the year-ahead includes optimism for growth in Namibia over the medium-term, which will be determined by efforts of both the private and public sectors to increase renewable energy across the country.
EU invests N$36 million in solid waste management
During a virtual ceremony on Monday, 31 January 2022, City of Windhoek mayor Sade Gawanas signed an agreement with her counterpart from the City of Bremen, mayor Andreas Bovenschulte, to implement a European Union-funded project to improve solid waste management in Windhoek.
Trustco revenue down 49% to N$313 million …as losses after tax up by 190% to N$988 million
For the 2021 financial year, Trustco reported a decrease in revenue of 49% to N$313 million, with an increase in basic as well as headline losses of 228% and 201% respectively, or losses down to N$872 million and N$766 million, respectively. Losses after tax increased by 190% to N$988 million, compared to a loss after tax of N$343 million the previous year.
MSME Policy aims to foster small business development
The Ministry of Industrialisation and Trade (MIT) launched the MSME policy that was approved by Cabinet and parliament in 2016. The major objectives of the policy are to foster the development of MSMEs by adopting international good practices for modernisation and upgrading of technology.
Theft and vandalism of telecommunications infrastructure a growing concern
Since the advent of the festive season, Telecom Namibia has been experiencing a number of service disruptions affecting dozens of customers mainly due to the theft of copper wires.
New regulations on the cards for property industry
As the proliferation of apartment and townhouse complexes in Namibia continues unabated due to an ongoing housing crisis, many residents around the country inevitably end up belonging to a body corporate, which in turn appoints a property management company to cater for the maintenance needs of the respective properties.









