Conference looks at bio-economy potential

Staff Reporter
The Hanns Seidel Foundation last week hosted a national conference themed 'The current status of sustainable natural resource management in Namibia and ways to unlock its bio-economy potential'.

Speakers at the conference included Professor Gilbert Mbaka Nduru form the Karatina University in Kenya, Dr Miguel Carrillo from the University of Murcia, Spain, Dr Louise Lange from the Environment Centre in the United Kingdom, environment minister Pohamba Shifeta and many more.

The executive manager of the Namibia Agriculture Union (NAU), Roelie Venter, took part in a panel discussion at the conference and said that primary agriculture is one of the keys to get the economy started.

According to Venter, the current drought is one of the worst droughts in the past century and support will be needed to ensure that primary producers recover after the drought is broken.

He said the most important actions are supporting financing models to resist the challenges, as well as reinvestment for herd building and alternative income sources through diversification.

Furthermore Venter said in the long-term, it is necessary to recover the balance between grass and bush on 45 million hectares in order to lessen the impact of climate change.

“If only 10 million hectares is recovered at a cost of approximately N$10 billion, an additional N$1 billion can be added annually to agricultural production which will realise sufficient slaughtering cattle to double the current slaughter numbers at export abattoirs.”

According to Venter, a healthy productive primary agricultural sector creates rural employment opportunities, lessens migration from rural to urban areas and multiplies employment opportunities in the remaining agricultural value chain.

STAFF REPORTER

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Namibian Sun 2024-05-02

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LaLiga: Barcelona 4 vs 2 Valencia SerieA: Genoa 3 vs 0 Cagliari European Championships Qualifying: Coventry City 1 vs 2 Ipswich Town | Preston North End 0 vs 3 Leicester City English Championship: Coventry City 1 vs 2 Ipswich Town | Preston North End 0 vs 3 Leicester City Katima Mulilo: 12° | 33° Rundu: 12° | 31° Eenhana: 14° | 33° Oshakati: 16° | 32° Ruacana: 15° | 32° Tsumeb: 15° | 31° Otjiwarongo: 14° | 29° Omaruru: 15° | 32° Windhoek: 13° | 27° Gobabis: 15° | 28° Henties Bay: 16° | 21° Wind speed: 40km/h, Wind direction: E, Low tide: 04:26, High tide: 10:41, Low Tide: 16:45, High tide: 23:19 Swakopmund: 16° | 18° Wind speed: 30km/h, Wind direction: S, Low tide: 04:24, High tide: 10:39, Low Tide: 16:43, High tide: 23:17 Walvis Bay: 17° | 25° Wind speed: 30km/h, Wind direction: S, Low tide: 04:24, High tide: 10:38, Low Tide: 16:43, High tide: 23:16 Rehoboth: 15° | 29° Mariental: 18° | 31° Keetmanshoop: 20° | 32° Aranos: 18° | 30° Lüderitz: 14° | 25° Ariamsvlei: 20° | 34° Oranjemund: 14° | 22° Luanda: 25° | 28° Gaborone: 16° | 29° Lubumbashi: 11° | 26° Mbabane: 14° | 25° Maseru: 10° | 26° Antananarivo: 15° | 25° Lilongwe: 14° | 28° Maputo: 18° | 28° Windhoek: 13° | 27° Cape Town: 16° | 24° Durban: 18° | 26° Johannesburg: 17° | 26° Dar es Salaam: 26° | 30° Lusaka: 15° | 27° Harare: 13° | 27° Currency: GBP to NAD 23.29 | EUR to NAD 19.96 | CNY to NAD 2.59 | USD to NAD 18.65 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.32 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.68 | ZWL to NAD 0.04 | BRL to NAD 3.58 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 133.88 | USD to AOA 834.06 | USD to BWP 13.64 | USD to EGP 47.96 | USD to KES 134.48 | USD to NGN 1389.52 | USD to ZAR 18.65 | USD to ZMW 26.87 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 76076.19 Down -0.5% | Namibian Stock Exchange (NSX) Overall Index 1690.93 Down -0.96% | Casablanca Stock Exchange (CSE) MASI 13319.36 Down -0.41% | Egyptian Exchange (EGX) 30 Index 24448.73 Down -6.01% | Botswana Stock Exchange (BSE) DCI 9146.09 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - 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Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 297.98/OZ UP +0.29% | Copper US$ 4.44/lb DOWN -0.0135 | Zinc US$ 2 869.60/T DOWN -0.17% | Brent Crude Oil US$ 84.93/BBP DOWN -0.0203 | Platinum US$ 948.63/OZ UP +1.48%