FNB Namibia Offers Drought Relief Loans to Farmers

FNB Namibia Offers Drought Relief Loans to Farmers

FNB Namibia is stepping up to assist farmers affected by the ongoing drought in the country. In line with the Bank of Namibia’s recent policy changes, FNB is offering loan moratoriums, restructuring, and emergency funding under preferential terms to qualifying agricultural clients. These measures aim to provide financial relief to farmers until October 2026. CEO Sepo Haihambo emphasized that the bank is committed to supporting Namibia's agricultural sector, which is […]

December 5, 2024 11

South Africa

SA’s new land law limits rural landowners

The Institute of Race Relations has raised concerns over the deprivation of rural landowners’ property rights under the newly amended Communal Property Association Act. Gabriel Crouse of the IRR says 470-thousand rural landowners are now required to obtain state approval to lease or sell their land, which undermines economic freedom.

December 4, 2024 17

Namibia

Epukiro Regional Water Supply Extension Project Breaks Ground

The groundbreaking ceremony for the Epukiro Regional Water Supply Scheme Extension takes place today. This important project will help address water shortages and improve water quality at Epukiro Post 3. Expanding for us is Namwater's Lot Ndamanomhata:

November 18, 2024 22

Africa

Kenya’s digital divide: pastoralists are key to the country’s economy, but they’re being left behind

By Job Mwaura, University of the Witwatersrand Information and communication technologies (ICTs) hold great potential to expand African economies. They include mobile banking platforms, internet-enabled communication devices and e-government services. All of these can enhance financial inclusion and improve services for citizens. Kenya’s mobile money transfer platform, M-Pesa, for instance, has given millions of people access to banking services. And Rwanda’s e-government platform has […]

July 16, 2024 27

Africa

More than half of Zimbabwean population needs food aid

Zimbabwe’s cabinet has revealed that more than half of the nation’s population of about 15 million people will immediately need food aid until March next year, as the country reels from the impact of the El Niño weather phenomenon that’s already slashed corn output and led to a national state of disaster being declared. Bloomberg reports that the southern African nation’s rural areas are the most affected with 6 million […]

May 16, 2024 11

Namibia

Farmers union calls for government support in Zambezi region

The Chairperson of the Likwama Farmers Union, Alfred Chilinda has urged the government to provide seeds to rural farmers in the Zambezi region. Chilinda has called for a larger budget allocation to the agriculture sector to support struggling farmers.

May 14, 2024 81

Africa

South Africa’s conservation model: why expanding the use of biodiversity to generate money is a good idea

By Hayley Clements, Stellenbosch University; Alta De Vos, Stellenbosch University, and Matthew Child, University of Pretoria South Africa’s government is calling for public comments on an updated version of its existing biodiversity economy plan. The National Biodiversity Economy Strategy aims to conserve biodiversity while also contributing to job creation and economic growth. It proposes to do this by promoting sustainable use of the country’s natural resources. The strategy […]

April 8, 2024 23

Namibia

Karasburg Council suspended over mismanagement

Minister of Urban and Rural Development, Erastus Uutoni, has suspended all seven councillors at the Karasburg Town Council with immediate effect due to persistent shortcomings in strategic direction, leadership, and accountability, among other reasons. The minister further accused the town council of dismissing the substantive CEO and other staff members without following due processes.

March 18, 2024 26

Uncategorized

Small-Scale mining boosts economic diversification

Namibia is striving to improve its competitiveness within the Southern African Development Community by prioritising industrialisation in its National Development Plans towards Vision 2030. Small-scale mining plays a pivotal role in supporting livelihoods, reducing poverty, and fostering entrepreneurship, particularly in rural areas with large gemstone deposits. Ministry of Industrialisation and Trade spokesperson Elijah Mukubonda explains.

March 11, 2024 38