By:Staff writer Agricultural loan disbursements by Agribank increased by 40% in 1Q2023/24 (April–June 2023) compared to the corresponding quarter of the previous financial year. The recorded increase is mainly driven by triple-digit growth in farmland loans as well as livestock loans. Total loans advanced for the quarter under review stood at N$74.3 million, compared to […]

By:John Alugodhi The Namibian Agriculture Sector highly relies on rainfed and supports over 70% of the population who directly depend on it (Livestock and Crops) for their daily livelihood. However, the sector faces challenges of ever-changing climate patterns in the forms of extreme temperatures, frequent droughts, and floods, hence the need to adopt a risk […]

  By:Nghiinomenwa-vali Erastus Agri-inflation came down to 8.7% in the first quarter of 2023 slowing down from 2022 levels above 15% when comparing year-on-year. This is according to the first Quarter Agri-Review 2023compiled by the Namibia Agricultural Union (NAU) researcher Bertha Xulu. The slow increase in agricultural inputs can be considered a relief to farmers […]

By:Hertha Ekandjo The official opposition leader is irked by the fact that the 16 family members who lost their lives after eating contaminated mahangu are in the same Kavango East region where the dormant N$141 million Uvhungu Vungu dairy project is located on the outskirts of Rundu. Furthermore, both Kavango East and Kavango West are […]

By:Staff writer Namibia’s annual inflation has gone up to 6.3% in May compared to the 5.6% recorded the month before and the 5.4% seen in May 2022. According to the Namibia Statistics Agency (NSA), food and non-alcoholic beverages were the biggest contributors, as well as alcoholic beverages and tobacco. Food and non-alcoholic beverages increased by […]