insert_link Africa Namibia hosted Africa’s 1st community-led conservation congress. Where will it lead? By Victoria Scheneider Via Mongabay Hundreds of Indigenous and local community groups, conservation organizations, governments and policymakers gathered to strategize how communities can play a bigger role in African conservation efforts, which are typically dominated by big international NGOs. However, the outcomes of the congress were vague, and some participants concluded that the dependence on large NGOs and policymakers, through equitable partnerships, was needed. Organizers say this congress is a […] todayNovember 2, 2023 6
insert_link Namibia No informal settlements in Tsandi By Lydia Pitiri The Tsandi Village Council has formalised the informal settlement in the town after it allocated 300 to 500 square metres of land to each resident living in the area. About 140 people live in the informal settlement. The Land Management Officer of the Tsandi Village Council, Rebbeka Nuule said they are formalising informal settlements to ensure residents live in formal structures instead of shacks. “We believe people […] todayNovember 1, 2023 8
insert_link Business / Economics Urgent need to relieve land degradation affected communities There is a need to relieve pressure on communities experiencing overcrowding of livestock and land degradation, hence the government's commitment to protect resettlement is a fundamental aspect of social justice. According to Erongo Governor, Neville Andre Itope, there is a collective belief that if the above aspects are improved in the newly approved Resettlement Policy of 2023, the land reform programme will deliver the desired results. Itope was speaking at […] todayNovember 1, 2023 7
insert_link Africa Africa’s GDPs Exit the Pandemic Era Second to None By Matthew A. Winkler via BizNews For all of Covid-19’s disruptions, one trend during the global pandemic presses on unabated. And that would be five of the world’s 10 fastest-growing economies continue to be based in Africa and at least several more on the continent over the next two years are poised to outperform the world. The coronavirus, if anything, accelerated the transition among Africa’s 54 countries to wireless, remotely engaged commerce […] todayNovember 1, 2023 4
insert_link Business / Economics Oil and green hydrogen industries can help in achieving Vision 2030: Iipumbu By Suzith Tjitaura With only seven years left to Namibia achieving its vision of becoming an industrialised nation by 2030, Minister of Industrialisation and Trade, Lucia Iipumbu has expressed optimism that the discovery of oil and the potential green hydrogen industry will help this vision be achieved. Iipumbu, who made the remarks here during the official opening of the 67th Keetmanshoop Agricultural, Industrial and Tourism Expo on Tuesday, said should […] todayNovember 1, 2023 14
insert_link Business / Economics Understanding the Financial Landscape of Namibia: Insights from the Old Mutual Financial Services Monitor In a time of economic uncertainty, Old Mutual Namibia remains committed to gaining a deeper understanding of the financial behaviours and attitudes of Namibians. Yesterday Old Mutual Namibia launched its Old Mutual Financial Services Monitor (OMFSM), an annual study, which offers invaluable insights by focusing on a key cohort in society, namely employed Namibians, who account for about 28% of the Namibian population, aged between 18 to 65 with an […] todayNovember 1, 2023 4
insert_link Namibia African Development Bank approves $196 million loan to modernize railway Namibian infrastructure The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a loan of $196.43 million for Namibia to implement the second phase of its Transport Infrastructure Improvement Project (TIIP). The loan, approved on 31 October 2023, represents 51.8 percent of the project’s total cost. The Namibian government will provide the remaining 48.2 percent. The project aligns with Namibia’s long-term Vision 2030 to the country’s Namibia’s logistics value […] todayNovember 1, 2023 5
insert_link Opinion Pieces Mid-Term Budget Review: Never too late to reform By Josef Kefas Sheehama Namibian Finance Minister, Mr Iipumbu Shiimi, delivered his 2023/2024 Mid-Term Budget speech on 31 October 2023, taking note of the achievements, challenges, and performances of State-Owned Enterprise (SOE). The Mid-Term Budget Review plays a critical role in the entire budgetary process because it sets the tone for the fiscal framework for the next main budget. The budget is the most important economic instrument of government, as […] todayNovember 1, 2023 4
insert_link Business / Economics FY2023/24 Mid-year Budget Review Statement FY2023/24 Mid-year Budget Review Statement Presented by Iipumbu Shiimi, MP Minister of Finance 31 October 2023 Honourable Speaker; Honourable Members of Parliament; Fellow Namibians; 1. I have the honour to table for the favourable consideration and approval of this House the 2023/24 Mid Year Budget Review. This review follows the 2023/24 National Budget which I tabled on 22 February 2023 under the theme “Economic Revival and Caring for the Poor”. […] todayOctober 31, 2023 8