insert_link Business / Economics Private Sector credit declines in February 2024 Private sector credit extension decreased in February 2024 to 1.7% year-on-year down from 2.4% year-on-year in January 2024 and 3.1% year-on-year in February 2023. The trend reflects a continued slowdown in credit uptake, with growth consistently falling below the six-month moving average. Households were the main contributors to the credit uptake. Simonis Storm Economist, Halleluya Ndimulunde. todayApril 4, 2024 80
insert_link Namibia Judge stops illegal entry blockade at Namib Mills A High Court judge has granted a temporary interdict to stop activist Michael Amushelelo and 26 Namib Mills employees from illegally obstructing access to the company's premises and endangering its operations. Future Media reporter Angie Scholtz has more. According to the court's directive, Amushelelo and the involved workers are prohibited from blocking entrances to Namib Mills' premises, threatening to halt the company's operations, or making any threats against the […] todayApril 4, 2024 41
insert_link Namibia NAMPU Condemns Alleged Assault of Female Journalist by Male Editor The Namibia Media Professionals Union has strongly denounced the reported assault of a female journalist by a male editor of a prominent newspaper. This condemnation follows the filing of a case of common assault by the alleged victim at the Otjomuise Police Station in Windhoek. According to a press statement issued by Namibian Police Force spokesperson, Deputy Commissioner Kauna Shikwambi, the incident occurred on April 1, 2024, at a residence […] todayApril 4, 2024 31
insert_link Namibia Opposition Leader Urges President to Address Rhino Poaching Urgently McHenry Venaani, the Leader of the Official Opposition PDM, has urged President Nangolo Mbumba to promptly address the concerning rise in rhino poaching in the country. In a media statement on Wednesday, Venaani emphasized the need for urgent action, stating, "The government's inefficiency in dealing with this matter must be addressed by the Presidency immediately." He highlighted that continued rhino poaching not only undermines Namibia's conservation efforts but also damages […] todayApril 4, 2024 36
insert_link Namibia President Nangolo Mbumba Appoints Members to Boundaries Delimitation and Demarcation Commission President Nangolo Mbumba has appointed four members to join the fifth Boundaries Delimitation and Demarcation Commission. The BDCC is responsible for delimiting and demarcating the boundaries of Namibia and recommending the determination of boundaries and names of regions, constituencies, and local authorities. During the announcement of the appointments, President Mbumba stated that the commission's task is to assess the current boundaries of regions and constituencies in Namibia and recommend whether […] todayApril 4, 2024 36
insert_link Namibia Institute for Public Policy ResearchHosts Webinar on Extractive Industry Transparency Against the backdrop of Namibia's burgeoning oil and gas discoveries, expanding mining operations, and forthcoming green hydrogen production, the Institute for Public Policy Research organized a webinar focusing on transparency in the extractive sector. Collaborating with the Namibia Media Trust and Deutsche Welle, the webinar aimed to address the critical need for transparency in light of these developments. Graham Hopwood, Executive Director of IPPR, provided insights during the event. todayApril 4, 2024 39
insert_link Namibia Khorixas Town Council Hosts Civic Engagement Meeting Today The Khorixas Town Council is set to hold a meeting today at the Town Council Chambers in the late afternoon. This meeting provides a crucial platform for civic engagement and local governance participation. Simson Mario /Ochurub, representing the council, highlighted the significance of this gathering for the community. todayApril 4, 2024 31
insert_link Namibia Business and Intellectual Property Authority Extends Duty Penalty Waiver Program The Business and Intellectual Property Authority, in collaboration with the Ministry of Trade and Industrialization, has prolonged its annual duty penalty waiver initiative. The program targets eligible registered businesses with accrued penalties for late payment of annual duties. The standard annual duty stands at N$120. Ockert Jansen, BIPA's Executive of Marketing, Corporate Communications, and Client Management Services, made the announcement. todayApril 4, 2024 29
insert_link Namibia Prime Minister Addresses Drought Impact, Introduces Digital Relief System Prime Minister Saara Kuugongelwa-Amadhila emphasized the severe impact of drought on farmers and families in her budget motivation speech. She highlighted shortages of animal feed and food as major concerns. To address this, her office has introduced the Commodity and Beneficiary Management Information System, which digitizes beneficiary data for drought relief food and efficiently issues vouchers. Kuugongelwa-Amadhila stated that this system aims to optimize resource management through technology. todayApril 4, 2024 38