Search in the website:
Finance / Page 3
Namibia-Angola Beef Trade Deal Still Not Finalised
By: Justicia Shipena Five years after Namibia and Angola began negotiating a cattle and meat trade agreement, the deal is yet to be finalised, leaving the anticipated framework for trade between the two nations in limbo. In 2020, reports suggested that the agreement was nearing finalisation, with a draft already approved and […]
Namibia Seeks Partners for Lamb Exports to China
By: Justicia Shipena Minister of Agriculture, Water and Land Calle says Namibia is looking for partners to facilitate the export of lamb to China. While Namibia has successfully exported beef to the Chinese market, the export of lamb is still in progress. In August 2024, the country announced plans to sign a protocol with […]
Red Line Removal Could Dent EU Markets – Warns Govt Lawyer … Amupanda pushes for market diversification
By: Uaueza Kanguatjivi, Justicia Shipena and David Shoombe Advocate Raymond Heathcote, the lawyer representing the Ministry of Agriculture, Water and land reform in the ongoing case on the removal of the Veterinary Cordon Fence (Redline) has warned that Namibia could lose access to the European markets for meat exports should the redline be […]
Bank of Namibia to Honour Geingob With Commemorative Note
By: Dolly Menas The Bank of Namibia is set to launch a commemorative banknote in honour of the late President Hage Geingob next month. The bank noted that the special note will celebrate Geingob’s significant contributions to Namibia’s democracy, nation-building, and his legacy as the country’s third president. The announcement has sparked mixed […]
Local Mushroom Grower Shares Her Farming Journey… plans to enter Zambian market
By: Mathias Hangala Many aspiring farmers struggle with indecision, uncertain about which farming ventures are most lucrative. For Penepandulo Fillemon, a farmer from Okalongo in the Omusati region, the answer lay in something unique: mushrooms. Fillemon’s journey began shortly after she completed Grade 12 at Mweshipandeka Secondary School in 2009. She secured a […]
Labour Ministry Ignored Wage Commission Recommendations – Employers
By: Dolly Menas The Namibia Employers’ Federation (NEF) has expressed disappointment after the Ministry of Labour, Industrial Relations, and Employment Creation rejected its request for a phased implementation of the National Minimum Wage (NMW). NEF President Elias Shikongo stated that the Ministry’s decision disregards the recommendations of the Wage Commission, which had proposed […]
Security Sector’s Minimum Wage to Increase to N$18 per Hour by 2027
By: Dolly Menas The Namibia Security Labour Forum (NSLF) has announced a phased implementation of a national minimum wage for the security industry, aimed at improving the livelihoods of security personnel while addressing challenges faced by employers. Speaking at a stakeholder meeting, NSLF representative Onesmus Anapo revealed that the hourly minimum wage will […]
Namibia’s Trade Deficit Improves by N$2.2 Billion
By: Staff writer Namibia’s trade deficit improved by N$2.2 billion between October and November last year despite the country’s import bill rising to N$17.7 billion in November. While Namibia recorded a N$5.5 trade deficit in November after exporting goods and services worth N$12.2 billion and incurring an import bill of N$17.7 billion, this […]
Green Hydrogen Could Pull N$400 Billion In European Investments
By: Andrew Kathindi Namibia’s partnership with the European Union (EU) could mobilise N$400 billion in European private investments for the country’s green hydrogen sector. This would be more than double the country’s GDP and could enable Namibia’s aspirations for green industrialisation. EU Delegation’s Ambassador to Namibia, Ana Beatriz Martins, made these remarks during […]
Parents Brace Financial Challenges as School Season Begins
By: Dolly Menas As the new academic year begins, parents are grappling with the financial strain of preparing their children for school after a typically costly festive season. With schools reopening today, families are balancing the expenses of uniforms, stationery, transportation, and extracurricular activities. Hileni Alupe, a parent, spoke about the financial challenges […]