insert_link Business / Economics Domestic Growth Slows Amid Manufacturing and Mining Weakness The domestic economy is forecast to slow to 3.0% for this year before recovering to 3.9% in 2026, hindered by a 4.6% contraction in manufacturing and a 0.1% decline in primary industries. Persistent drought, reduced livestock and diamond output, and falling SACU and diamond revenues pose additional risks, according to Josefina Oskar from the Bank of Namibia. Adding that, on the global front, growth is slowing: advanced economies remain stagnant at 1.6%, emerging markets show slight moderation, while Sub-Saharan […] today1 December, 2025
insert_link Namibia Windhoek Fire Brigade Urges Caution Amid Rising Fire Risk. The Windhoek Fire Brigade has issued a public alert as fire risks escalate due to seasonal dry conditions. Assistant Fire Chief Lucas Hatutale says increased incidents are being reported across the country, often caused by carelessness, open flames, or drought-driven factors. today20 June, 2025
insert_link Local 2024 Agra Annual General Meeting 29.11.2024 The Agra Annual General Meeting (AGM) was held on Friday, 29 November 2024, at the Agra/Bank Windhoek Ring. The meeting was attended by Agra shareholders, the Agra Board of Directors, and Management. Mr. Ryno van der Merwe, Chairman of the Board, commended the past year as the third-best financial performance in Agra's history. He acknowledged the challenges faced, noting that the severe drought forced many farmers to sell their […] today2 December, 2024
insert_link Environment Bank of Namibia Orders Financial Relief for Drought-Stricken Farmers The Bank of Namibia has directed local financial institutions to establish relief measures designed to support farmers and agricultural businesses facing severe financial difficulties caused by the ongoing drought. BoN’s Director of Strategic Communications and International Relations, Kazembire Zemburuka, explained that this move follows a state of emergency declaration in response to what is described as the worst drought Namibia has experienced in a century, according to The Brief. today29 October, 2024
insert_link Africa Nigerian farmers lack insurance: payouts triggered by weather data offer a solution By Ifedotun Aina, University of Cape Town and Opeyemi Ayinde, University of Ilorin Agriculture is hugely important to Nigeria. It makes up about a quarter of the country’s economy, and almost half of the population are smallholder farmers. Most farm on less than 10 hectares of land. It can be a tough way to make a living. Smallholder farmers in Nigeria regularly lose crops and livestock to floods […] today17 September, 2024
insert_link Local Namibia dairies implement supplementary winter levy to support dairy farmers amidst challenging conditions Recognizing the current trading environment and the considerable strain posed by the ongoing drought, Namibia Dairies remains committed to supporting their partners in the dairy industry to the best of their ability. Hence, Namibia Dairies has announced the implementation of a supplementary winter levy to support the dedicated dairy farming partners during the challenging winter season. Subject to all quality specifications being met, the winter levy of […] today12 July, 2024
insert_link Environment Omusati region faces severe drought crisis Omusati Governor Erginus Endjala says the region is hard hit by extreme drought and as a result crops, livestock, and water supply have been negatively impacted. today26 March, 2024
