Namibia and five other African countries this week formally launched the Africa Green Hydrogen Alliance, with the aim to make the continent a frontrunner in the race to develop green hydrogen, to accelerate the transition away from a reliance on fossil fuels and to shift to new energy technologies thatContinue Reading
AGRIBANK has revealed that Namibians under 35 years of age willing to purchase farmland through Agribank, now have up to 30 years to repay their farmland loans. This move is essentially a five-year extension from the usual 25-year period that is now only applicable to clients above 35 years ofContinue Reading
OLAFIKA SME Development and Mentorship Programme has invited up and coming entrepreneurs to apply for the second intake which will commence on 13 June. Agripreneurs, techpreneurs, health and fitness entrepreneurs, emerging and growth ready jewellers, women in business and especially people living with disabilities are being encouraged to apply andContinue Reading
The Bank of Namibia has announced the appointment of Herman Shilongo as a Board Member of the Namibia Deposit Guarantee Authority for a period of five years while Florette Nakusera will head the administration of the Authority. The appointment of Shilongo as a Board Member by the Bank of NamibiaContinue Reading
On 25 June 2022, Nicolette Mashile, renowned South African broadcaster, and best-selling author of “What’s your move”, will be headlining the 12th Old Mutual Namibia Women’s Summit taking place in Swakopmund. This year’s theme will be “Securing your Financial Future.” Over the years, Mashile has become well-known for speaking onContinue Reading
MINISTER of Agriculture, Water and Land Reform, Calle Schlettwein has dismissed an approach by the Agronomic Producers Association proposing the utilization of existing Green Scheme Irrigation Projects in the north to produce wheat in the 2022 production season. In a statement this week, Schlettwein said that during the preliminary discussionsContinue Reading
The president of the official opposition Popular Democratic Movement (PDM), McHenry Venaani has called for political dialogue following the Chinatown that transpired last resulting in the arrest of NEFF commissariat for economic emancipation, Michael Amushelelo. In a statement over the weekend, Venaani said there was a very strong argument thatContinue Reading
THE recently unveiled Welwitschia Fund that commenced with money estimated around N$300 million will derive its funding from multiple sources, President Hage Geingob has said. The funding sources for the sovereign wealth fund, are comprised of a combination of streams, including a portion of royalties collected from the sale ofContinue Reading
PRICES for oils and fats augmented by 23.4 percent in April 2022 compared to 7.5 percent recorded during the same time a year earlier driven by the increase in the price levels of Cooking oil that escalated from 13.9% to 35.3%, the Namibia Statistics Agency (NSA) has said. Equally, pricesContinue Reading
As Toyota dominates the Namibian market in April SIMONIS Storm Securities anticipates new vehicle sales to continue trending upwards as local demand remains resilient, despite Namibia being in an interest rate hiking cycle. The firm’s economist, Theo Klein this week said vehicle sales will also likely be supported by rentalContinue Reading
