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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Business / Economics

1232 Results / Page 43 of 137

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Business / Economics

Farmers Achieve Local Good Agricultural Practices Certification

Namibian farmers certified by the Namibian Agronomic Board with the Good Agricultural Practices certificate are poised to bolster their credibility and market reach according to The Brief. The certification, awarded to six small-scale and commercial farmers, ensures adherence to stringent food safety and hygiene standards under the Primary Farm Assurance requirements. This achievement not only boosts local produce quality but also opens doors to broader domestic and international market opportunities.

todayJuly 16, 2024 6

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Business / Economics

16 July 2024 Morning Biz News: Business Update: Tourism Surges, Rand Weakens, Inflation Soars, and Oil Faces Pressure

1. Tourism Sector Sees Remarkable Growth in 2023 Namibia's tourism industry experienced a substantial surge in 2023, with international visitor arrivals reaching approximately 864 thousand, marking an impressive 87.4% increase from the previous year's 461,027 arrivals. Minister Pohamba Shifeta of the Environment, Forestry, and Tourism ministry unveiled these statistics in the Annual Tourist Statistical Report for 2023. This growth underscores Namibia's attractiveness as a key destination in the region, reflecting […]

todayJuly 16, 2024 14

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Business / Economics

Namcor urged to focus strategy on Green Hydrogen

Namibia has been encouraged to consider a strategic shift for its National Petroleum Corporation of Namibia (NamCor) to establish itself as a leader in the burgeoning green hydrogen sector. Following a recent study tour to Belgium, a delegation of ten government officials recommended that the country’s oil company transition to include green hydrogen production. NamCor spokesperson Paulo Coelho expressed the company’s enthusiasm about remaining at the forefront of the emerging […]

todayJuly 15, 2024 68

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Business / Economics

Food insecurity on the rise in Namibia, recent Afrobarometer study shows

A recent Afrobarometer survey indicates that almost three-quarters of Namibians went without enough food to eat at least once during the previous year. More than six in 10 citizens also experienced shortages of cooking fuel at least once during the same period. The proportion of citizens facing frequent food shortages has steadily increased to the highest levels recorded since 2017. Food shortage ranks among the top three most urgent issues […]

todayJuly 15, 2024 28

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Business / Economics

Roads Authority Announces Temporary Closure for Blasting Operations on Windhoek-Rehoboth Road Tomorrow

    The Roads Authority has issued a notice to all road users regarding scheduled blasting operations on the Windhoek-Rehoboth Road. Blasting activities will commence tomorrow, on 16 July 2024, at 14:00 PM,  approximately one kilometre from the Police Road Block. The blasting is expected to last for about one hour, resulting in the closure of this section from 14:00 to 15:00. Motorists are advised to take note of this […]

todayJuly 15, 2024 69

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Business / Economics

Domestic financial system shows stability: BoN

      The Bank of Namibia's Macroprudential Oversight Committee (MOC) has found that Namibia's domestic financial system is stable, sound, and resilient. According to the BoN’s Deputy Governor, Leonie Dunn in a recent statement, this is despite rising vulnerabilities and risks, particularly concerns around elevated non-performing loans. She said the committee at its first meeting of the year, held last week to assess potential risks and vulnerabilities in the […]

todayJuly 15, 2024 22

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Business / Economics

Austria proposes construction of affordable houses in Namibia

      An Austria-based Global Housing Solutions company has proposed to build affordable houses in Namibia, through a government-based loan of N.dollars 1.4 billion (70 million Euros). This is according to Austria's 10th Federal Chancellor Alfred Gusenbauer who during a courtesy visit to President Nangolo Mbumba on Monday said through their facilitation the Namibian government could enter into a contract with an Austrian commercial bank with a grace period […]

todayJuly 15, 2024 105

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Business / Economics

15 July 2024 Morning Biz News: Business News Headlines: Namibia-South Africa Green Hydrogen Pipeline Feasibility Study Initiated, Rand Strengthens Amidst U.S. Inflation Data, Political Uncertainty Impacts Markets, Oil Prices Decline

  1. Namibia-South Africa Green Hydrogen Pipeline Feasibility Study The Ministry of Mines and Energy in Namibia has allocated N$5 million for a feasibility study on a cross-border green hydrogen pipeline connecting Namibia and South Africa. Initiated under Namibia's Green Hydrogen Programme, this study follows a recent Memorandum of Understanding signed between the two nations at the World Hydrogen Summit in May 2024. This ambitious project aims to leverage hydrogen […]

todayJuly 15, 2024 28

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Africa

‘Kinship tax’ puts the brakes on business – Kenyan study measures the impact of helping family

        By Munir Squires, University of British Columbia     Imagine working hard to build your business, only to find that your success brings about a wave of requests for help that you can’t turn down. This is a reality for many in African communities, where sharing income is a deeply rooted tradition. In fact, 93% of Kenyans I surveyed in a study of entrepreneurs believed that […]

todayJuly 12, 2024 14

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