Economics

New water infrastructure at Sorris-Sorris

21 hours ago | Economics

Farmers at Plaas Rooidak in the Sorris- Sorris communal conservancy have finally received potable water infrastructure after enduring 10 years without their own water source.Conservancy chairperson Gerson //Aiseb on Saturday mentioned that the farmers and...

Namibia receives 2.35 million USD worth of support

21 hours ago | Economics

China has donated Covid-19 related supplies worth 40 million Namibian dollars (2.35 million US dollars) to Namibia to assist the country in fighting the virus, political counsellor of the Chinese embassy in Namibia Yang Jun...

Food security crucial in a selfish world

1 day - 08 July 2020 | Economics

The world has entered an era of “every country for itself”, leaving Namibia with no choice but to pursue policies that are aimed towards food self-sufficiency.This was said by Percy Misika, the Ministry of Agriculture,...

Khorixas town council to prioritise

1 day - 08 July 2020 | Economics

The Khorixas town council plans to spend its development budget of N$13 860 000 for the 2020/21 financial year on priority areas such as servicing land, the council's chief executive officer, Andreas Howoseb has said.This...

Africa’s battle against 'zombie' appliances

1 day - 08 July 2020 | Economics

Peyton Fleming - On Nigeria's bustling streets, stalls selling stacks of well-worn, energy-sucking refrigerators and air conditioners are known as "tokunbo", a Yoruba word that means "from abroad".Millions of people flock to such markets across...

Wealth fund details still sketchy

3 days ago - 06 July 2020 | Economics

RONELLE RADEMEYERWINDHOEKApart from a cabinet announcement that the establishment of a sovereign wealth fund has been approved in principle, details on where money for the...

Mayana community demonstrates over land

6 days ago - 03 July 2020 | Economics

The community of Mayana in the Kavango East region held a demonstration against what they termed “illegal land grabbing” by the Mayana Small Scale Irrigation...

Covid grant: ‘Govt has money’

1 week ago - 02 July 2020 | Economics

Jo-Maré Duddy – Nearly three months after government launched the Emergency Income Grant (EIG) to help needy Namibians who lost their jobs or income due...

Virus to undo decade of progress in Africa

1 week ago - 02 July 2020 | Economics

The coronavirus pandemic could set back incomes in Sub-Saharan Africa by a decade as weak oil prices, a tourism standstill and business lockdowns shrink the...

Households’ short-term debt more than N$10 bn in May

1 week ago - 01 July 2020 | Economics

Individuals’ bank debt for other loans and advances, which include personal loans and credit card debt, shot up to more than N$8.01 billion last month.Total...

Africa free-trade vision clouded

1 week ago - 01 July 2020 | Economics

David Esnault and Robbie Corey-Boulet - A historic deal to smash down tariff barriers within Africa is being braked by the coronavirus pandemic and a...

Cabinet gives green light to sovereign wealth fund

1 week ago - 01 July 2020 | Economics

NAMPAWINDHOEKCabinet has approved, in principle, the establishment of a national sovereign wealth fund.A sovereign wealth fund is a state-owned investment fund or entity that comprises...

Economics

Namport records 30 per cent...

2 weeks ago - 24 June 2020 | Economics

The Namibian Ports Authority (Namport) handled a total of 5 561 999 tonnes during the 2019/20 financial year through equal contribution from the ports of...

Poorest countries to save billions...

2 weeks ago - 24 June 2020 | Economics

The world's poorest countries could save over US$12 billion owed to sovereign and other creditors this year through their participation in a debt-relief programme, with...

Dramatic downswing expected in Q2

2 weeks ago - 23 June 2020 | Economics

Phillepus Uusiku The economic downswing is set to deteriorate dramatically in the second quarter due to a sudden stop in domestic economic activity and...

Africa Briefs

2 weeks ago - 23 June 2020 | Economics

Sudan to liquidate, ­privatise state firmsA Sudanese committee chaired by prime minister Abdalla Hamdok approved a plan to liquidate many of the country's 650 state-owned...

UN warns aid flights could...

2 weeks ago - 23 June 2020 | Economics

The United Nations have warned that its humanitarian logistics flights could be largely grounded in July due to a lack of funds - severely compromising...

Windhoek among cheapest for expats

2 weeks ago - 23 June 2020 | Economics

ELLANIE SMITWINDHOEKWindhoek has been ranked as one of the cheapest cities for expatriates to live in.This is according to the 26th Mercer Cost of Living...

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