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Month: October 2023

52 Results / Page 1 of 6


Business / Economics

FY2023/24 Mid-year Budget Review Statement

FY2023/24 Mid-year Budget Review Statement Presented by Iipumbu Shiimi, MP Minister of Finance 31 October 2023 Honourable Speaker; Honourable Members of Parliament; Fellow Namibians; 1. I have the honour to table for the favourable consideration and approval of this House the 2023/24 Mid Year Budget Review. This review follows the 2023/24 National Budget which I tabled on 22 February 2023 under the theme “Economic Revival and Caring for the Poor”. […]

todayOctober 31, 2023 2

Opinion Pieces

Four reasons why physically punishing school children doesn’t work

a Conrad Hughes, Université de Genève When I was a child I went to school in South Africa. This was the late 1970s. At school, the teachers would hit us. It was called getting the cane, the cane being a long, flexible stick. This tradition, exported from a Dickensian Victorian English model, was very popular with some teachers. They were seen as terrors: you didn’t want to get the cane […]

todayOctober 31, 2023 4


“Do not overlook Africa’s multi-trillion food and agribusiness sector” African Development Bank chief tells investors at World Food Prize Dialogue

Africa’s food and agribusiness will be worth an estimated US$11 trillion by 2030, African Development Bank President Dr Akinwumi Adesina told participants of the World Food Prize Foundation’s Norman E. Borlaug Dialogue in Des Moines, Iowa on Thursday. The annual event in America’s agricultural heartland, revolved around this year’s theme of “harnessing change,” with delegates and panellists exploring innovative ideas to shore up innovation, adaptation, and diversification, and mechanisms for improving resilience, recovery from […]

todayOctober 30, 2023

Business / Economics

The impact of collective contributions for Sustainable Development

By Bank Windhoek’s Sustainable Finance and Environmental, Social and Governance (ESG) Analyst, Joachim Komeheke The concept of sustainable development has evolved over the past decades. These changes are rooted in the global community’s numerous environmental and social awareness achievements. Namibia is an excellent example of how far we have come in driving sustainable development, particularly in ensuring the protection and conservation of our natural environment, an aspect enshrined in the […]

todayOctober 30, 2023 3


Youth Theater Festival Victory for Windhoek Gymnasium

Windhoek Gymnasium Senior Primary School made a noteworthy appearance in the Curro Create National Youth Theatre Festival with their captivating drama production, "Pluk vir my ‘n Reënboog." This enchanting and joyful play about a girl and her imaginary friends delves into the profound consequences of excessive social media usage among children, shedding light on the loss of childhood creativity and the importance of friendship. "Pluk vir my ‘n Reënboog" earned […]

todayOctober 30, 2023 9


Metropolitan Gravity Cup 2023

Sport: This past weekend, Windhoek was alive with competitive spirit as 39 schools, featuring 136 teams – 9 private and 30 government institutions – clashed in the Metropolitan Gravity School Sports Cup. Schools from all over Namibia united, exhibiting outstanding athleticism and camaraderie in Hockey, Netball, Rugby 7's, and Soccer 6-A-Side. Highlights of the Tournament: In Hockey, St. Paul’s led the pack for the girls across all age groups, while […]

todayOctober 30, 2023 2


Fruit Production an untapped Agribusiness with many Opportunities

By Hanks Saisai, Technical Advisor: Crops & Poultry According to a study conducted by the Namibian Agronomic Board, Namibia ‘s fruit production sector accounts for about 4% of local production (a mere 732 tons) compared to an estimated 20 282tons imported from other countries to meet local demand. Most fruits consumed in Namibia such as apples, pears and bananas are seldom produced in Namibia. To this end, oranges and grapes […]

todayOctober 30, 2023 6

Press Releases

When should you ignore an instruction from your boss?

As organisations around the world spend even more on cybersecurity tools, cybercriminals are increasingly using a simple, yet effective ways to access organisations’ data or money through business email compromise (BEC) or CEO fraud. International security awareness organisation, KnowBe4, explains that BEC is a type of scam in which cybercriminals gain access to – or convincingly replicate – the email address of a senior staff member. They then mail a […]

todayOctober 30, 2023 4

Opinion Pieces

South Africa economy to slow down in 2023 before stabilizing in 2024, says GlobalData

The South African economy is grappling with several challenges, including severe power disruptions, unstable commodity prices, a high unemployment rate, and external issues. Against this backdrop, South Africa's economic growth is projected to decelerate from 1.9% in 2022 to 0.4% in 2023, before picking up to 1.3% in 2024, forecasts GlobalData, a leading data and analytics company.  GlobalData’s recently published report, “Macroeconomic Outlook Report: South Africa,” underscores the ongoing concern of […]

todayOctober 30, 2023 1