insert_link Namibia Windhoek Commences Construction of 113 Housing Units in Goreangab Extension Four In a milestone event on Monday, the City of Windhoek marked the beginning of construction for 113 housing units in Goreangab Extension Four under its Informal Settlement Upgrading Pilot Project. Mayor Queen Kamati emphasized the significance of the occasion, stating that it officially launches the construction phase of 113 houses, supplementing the 694 units built since the project's inception in June 2020. Kamati highlighted the collaborative nature of the initiative, […] today26 March, 2024
insert_link Namibia Kamanjab Village Council CEO Urges Investment to Tackle Poverty and Unemployment Bianca Nguaiko, the CEO of Kamanjab Village Council, is actively advocating for investment in both residential and commercial land use to combat poverty and address the village's high unemployment rate, standing at over 50 percent. Nguaiko emphasized the importance of policy reform and improving the village's image to attract investors and integrate planning and management practices effectively. She highlighted the potential benefits of such investments, including infrastructure development and institutional […] today26 March, 2024
Business / Economics Fitch Ratings Rates Namibia’s Development Bank as Outlook Stable Opinion Piece, By Josef Kefas Sheehama Fitch Ratings has affirmed DBN's Long-Term Issuer Default Ratings (IDR) at 'BB-' and it’s National Long-Term Rating at 'AA+. These credit ratings cover the widest range of credit risk factors and have no limitations. The Namibian Development Bank (DBN) is the country's flagship and largest policy bank, contributing to economic and social development. Its strategy is in line with national development […] today26 March, 2024
insert_link Business / Economics Costly mistakes to avoid as a Namibian farmer By Hanks Saisai, Technical Advisor: Crops & Poultry, Agribank Many livelihoods in Namibia rely directly or indirectly on agriculture and the products that reward the hardworking men and women who farm as a way of life. It is important to note that the journey of a farmer requires hard work, determination, dedication, and a sense of innovation. One must always be aware of common mistakes that are […] today26 March, 2024
insert_link Namibia Industrialisation and Trade minister emphasizes the unique competitive advantages present in every region of Namibia The Industrialisation and Trade minister emphasized the unique competitive advantages present in every region of Namibia during a consultative meeting held in Oshakati on Monday. Lucia Iipumbu, highlighted the importance of leveraging these strengths to bolster the nation's economy. Discussions at the meeting revolved around key legislative frameworks such as the Special Economic Zone Bill, the National Informal Economy, Startups and Entrepreneurship Development Policy, the Namibia Investment Promotion and Facilitation […] today26 March, 2024
insert_link Namibia Ruacana Easter tournament taking place this weekend The Ruacana Town Council has invested N.dollars 350 000 in the hosting of the town’s 11th Easter Tournament. The tournament is scheduled to take place from 29 March to 01 April 2024. In an interview with Nampa on Monday, tournament organiser Simaneka Nendongo said a total of N.dollars 148 000 will be put aside for prizes, with the rest of the amount used for other expenses. Nendongo indicated that […] today26 March, 2024
insert_link Namibia Expert Emphasizes Transparency as Key in State-Owned Enterprises Independent business researcher Josef Sheehama has underscored the paramount significance of transparency in state-owned enterprises, commonly referred to as parastatals. Addressing the matter, Sheehama pointed out the clear connection between the absence of transparency and the widespread occurrence of corruption within these organizations. today26 March, 2024
insert_link Namibia Senegal’s Next President Emerges as Opposition Candidate and Secures Victory as local analyst weighs in Opposition candidate Bassirou Diomaye Faye is on track to become Senegal's next president after his rival from the ruling coalition conceded defeat. Initial results suggest that Faye, aged 44, may have won an outright majority in the delayed presidential election. Despite initially suggesting a runoff, ruling coalition candidate Amadou Ba, aged 62, later congratulated Faye, indicating a peaceful transition of power. Local public policy analyst Dr. Marius Kudumo provides insights […] today26 March, 2024
insert_link Business / Economics EXCLUSIVE INTERVIEW: Independent Business and Economics Researcher Josef Kefas Sheehama Advocates for Parastatal Transparency In a recent statement, Josef Sheehama emphasized the critical importance of transparency within state-owned enterprises, also known as parastatals. Speaking on the issue, Sheehama highlighted the direct correlation between the lack of transparency and the prevalence of corruption within these entities. Sheehama asserted that without adequate transparency and accountability measures in place, corruption becomes an enticing prospect for individuals seeking personal enrichment at the expense of public resources. He underscored […] today26 March, 2024
