Trade minister Lucia Iipumbu said micro, small and medium enterprises (MSMEs) are the roots of many economies around the globe and would play the same role in Namibia if supported and developed.
Business
NCAA’s overall revenue drops by 83%
The Namibia Civil Aviation Authority (NCAA) in its 2020/2021 annual report states that revenue from the aviation industry remained minimal with overall revenue recorded during the period ended March 2021 down by 83% compared to the previous year.
Struggling economy leaves Town Square empty…lack of anchor tenant and recession blamed for exodus
Visitors to the once popular retail outlet in Windhoek’s central business district (CBD), Town Square, are now faced with a shopping centre that has been all but abandoned by the host of retailers that once thrived there.
Opinion – NIDA: A beacon for agro-industrialisation in Namibia
Namibia, although hugely rich in natural resource endowment is challenged by expanding its industrial capacity in the country. These challenges are soon to be overcome by its policy discourse on green hydrogen and fourth industrialisation revolution (4IR) initiatives.
Paratus completes landing station for increased capacity
Last February, Paratus announced that it had entered into an agreement with Google to be the landing partner for the Equiano cable in Namibia.
Coast gets cash-accepting ATMs
Bank Windhoek recently installed three new cash- accepting Automated Teller Machines (ATMs) at its branches in Walvis Bay, Swakopmund, and at an agency in Henties Bay. Walvis Bay now has two cash-accepting ATMs.
Development levels should guide rules of origin …as automotive industry prepares for free African trade
Namibia, Kenya, Botswana, Rwanda and Ghana need rules of origin that will allow participation and further development of the automotive industry by new players in the sector.
Opinion – Money in Relationships
Money impacts every relationship we have. Whether it’s within the family, amongst friends or in intimate relationships.
GIPF invests N$20 million into Swakopmund housing
The Government Institutions Pension Fund (GIPF) has invested over N$20 million in a housing development by Beucorp Group, through Koningstein Capital Investment Property Fund.
Local agriculture goes digital to enhance food security
Minister of agriculture Calle Schlettwein this week officiated the launch of the pilot electronic voucher (e-voucher) system for the Build Back Better urban agriculture programme.