Debmarine Namibia

Debmarine Namibia faces N$7.1 billion loss amid market challenges

(Video of Debmarine Namibia's Chief Executive officer, Willy Martens deliberating on the matter) By: Hertha Ekandjo Debmarine Namibia has recorded a loss of N$7.1 billion between 2023 and 2024. The company’s earnings before interest, tax, depreciation, and amortisation have fallen from N$6.76 billion in 2022, with market conditions alone stripping away N$2.3 billion in 2023 and another N$4.8 billion in 2024. This was revealed thy Debmarine`s Chief Executive Officer, Willy […]

March 17, 2025 193 2

Namibia

UNAM Ogongo Campus Boosts Rice and Poultry Farming

Rice and poultry farming in northern Namibia are expanding, supported by UNAM's Ogongo Campus and Debmarine Namibia. This year's rice harvest is expected to reach 25 tonnes, up by eight tonnes. Omusati Governor Erginus Endjala called for investment in climate-smart agricultural technologies to address poor crop yields and livestock losses due to drought. UNAM's Rice and Mahangu Project, launched with Japanese support in 2012, continues to train and support local […]

June 12, 2024 49

Namibia

Debmarine Namibia Donates Haemodialysis Equipment to Oshakati Hospital

Debmarine Namibia contributed haemodialysis equipment worth N$1,764,069 to Oshakati Intermediate Hospital, easing the burden on resources. Health Minister, Kalumbi Shangula noted 133 new haemodialysis cases managed in 2023/24, with equipment aiding treatment. The donation includes machines, tables, chairs, and a reverse osmosis machine. Shangula emphasized the equipment's role in enhancing patient care. Debmarine CEO Willy Mertens highlighted the vital importance of haemodialysis machines in treating severe kidney failure and expressed […]

June 11, 2024 24