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

Press Releases

427 Results / Page 40 of 48

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Local

The Agriculture Bank of Namibia and KfW Development Bank collaborate to support Namibian Farmers and MSMEs in the agriculture sector

  On 14 December 2023, the Agricultural Bank of Namibia (Agribank) and KfW Development Bank entered into a historic agreement, signing a first concessional loan of just over 400 million NAD. This collaboration aims to empower farmers operating in both communal and commercial, as well as other agricultural or food-processing MSMEs in Namibia. Agribank will on-lend the funds for the target group of small scale farmers as well as the […]

todayDecember 15, 2023 19

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Old Mutual Foundation’s little green ambassadors initiative announces winning schools

By Mignon du Preez, Group Marketing, Public Affairs and Sustainability Executive, Old Mutual Namibia   The Old Mutual Foundation is thrilled to announce the triumphant conclusion of the groundbreaking Little Green Ambassadors Initiative. Amidst fierce competition, 28 primary schools outshone, having been chosen from a pool of 100 remarkable applications. These schools, dedicated to nurturing a sustainable future, have proven themselves as the frontrunners in environmental stewardship. After a rigorous […]

todayDecember 14, 2023 25

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Business / Economics

The gross domestic product for the third quarter of 2023 expanded by 7.2 percent

  Domestic Economy 1. In the third quarter of 2023, the Real Gross Domestic Product (GDP) exhibited a noteworthy expansion, registering a robust growth of 7.2 percent. This represents a substantial increase from the 5.4 percent recorded during the corresponding quarter of the preceding year. The economy witnessed a commendable trend, characterized by 10 consecutive quarters of positive growths. 2. In nominal terms, the size of the Namibian economy, quantified […]

todayDecember 14, 2023 8

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Launch of new benefits for Mineworkers Union of Namibia members

The Mineworkers Union of Namibia (MUN), through NamIt, introduces new products for its members. “At the MUN, we always put the needs of Namibian workers as our motivation. This does not only mean favourable working conditions, but we also want miners to benefit beyond their employable years” said Mr. Ismael Kasuta, President of the MUN. The products, introduced of the MUN Indaba in Swakopmund, encompass the education, employment and legal […]

todayDecember 14, 2023 25

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German Government continues its support to Namibia’s sustainable development efforts in the water sector

  On Tuesday 12 December 2023, the Ministry of Finance and Public Enterprises of the Republic of Namibia and KfW Development Bank, signed an agreement for a concessional loan of NAD 1,026,650,000.00 (approx. EUR 50 mio.) for the financing of the rehabilitation and extension of the Gammams and Otjomuise Wastewater Treatment Plants. The objective of the project is to upgrade the existing wastewater treatment capacities and improve Windhoek’s potable water […]

todayDecember 14, 2023 10

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Namibian Professional Hunting Association (NAPHA) emphasizes conservation and sustainability at 49th annual general meeting

  The Namibian Professional Hunting Association (NAPHA) held its 49 th Annual General Meeting on the 6 th and 7th December 2023 in Windhoek at Arebbush Travel Lodge. It was also the first time that NAPHA hosted a small trade exhibition and the proceeds gathered from our annual fundraiser auction exceeded our expectations. NAPHA would like to thank all its sponsors and, of course, the bidders for supporting our organisation. […]

todayDecember 14, 2023 65

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Africa

Namibia to host Inaugural Global African Hydrogen Summit 2024

  As part of Namibia’s COP28 programme, the Namibia Investment Promotion and Development Board (NIPDB), the Environmental Investment Fund of Namibia (EIF), DMG events and Vasco Da Gama Energy on 06 November 2023 officially launched the inaugural Global African Hydrogen Summit (GAh2S), to be hosted in Windhoek on 03 – 05 September 2024. Themed “From Ambition to Action: Fuelling Africa’s Green Industrial Revolution”, the three-day Summit will convene heads of […]

todayDecember 12, 2023 17

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The Namibian financial system remains stable, sound, and resilient amidst a challenging global and domestic economic environment

  The Macroprudential Oversight Committee (MOC)1 of the Bank of Namibia (the Bank) held its second and last meeting of the year on the 07th of December 2023, to assess potential risks and vulnerabilities in the Namibian Financial System. Following a comprehensive assessment of domestic and global economic conditions, the Committee deemed the domestic financial system as stable, sound, and resilient. This is despite increasing risks and vulnerabilities stemming from […]

todayDecember 12, 2023 7

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