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NWR to Repurpose Hardap Dam Resort due to Declining Occupancy
By: Hertha Ekandjo Namibia Wildlife Resorts (NWR) is set to transform its Hardap Dam Resort into a Conference Lodge after experiencing a dramatic drop in occupancy this year, marking one of the lowest levels in recent years. This shift aims to repurpose the facility for business and corporate events, given the dwindling number […]
Food Inflation Declines Sharply in October 2024
By: Hertha Ekandjo The annual inflation rate for food and non-alcoholic beverages in Namibia slowed to 5.1% in October 2024, down significantly from 9.4% in October 2023, according to the Namibia Consumer Price Index (NCPI). This category, which represents 16.5% of the NCPI basket, saw only a slight monthly increase of 0.3%, unchanged […]
US 2024 Elections: What’s At Stake for Namibia? AGOA’s future hangs in balance US energy investments and green hydrogen
By: Justicia Shipena Namibia’s trade relations with the United States, primarily governed by the African Growth and Opportunity Act (AGOA), face an uncertain future, with AGOA set to expire in 2025. Namibia is one of 35 sub-Saharan African countries benefiting from AGOA, which grants duty-free access to the U.S. market for around 6,700 […]
Schlettwein Addresses Displacement of Farm Workers in Land Reform Efforts
By: Hertha Ekandjo Minister of Agriculture, Water, and Land Reform, Carl Schlettwein, acknowledged the unintended displacement of farm workers due to the resettlement process as a significant challenge in Namibia’s land reform efforts. These farm workers, left homeless after the acquisition of farms for resettlement, will now be accommodated through a new […]
Locals Entrusted with Steering Rugby Union Ship
By: Hee-Dee Walenga The Namibia Rugby Union (NRU) announced significant staff changes in a press conference held Tuesday at Hage Geingob Stadium, appointing local legends to lead the future of Namibian rugby. NRU President Petri Theron introduced former Welwitschias captain and celebrated Namibian player Jacques Burger as the new Director of Rugby, overseeing […]
Namibia’s Export Earnings Rise by 2.9% in September 2024
By: Hertha Ekandjo Namibia’s export earnings increased by 2.9% in September 2024, reaching N$9.0 billion, up from N$8.7 billion in August. This was revealed in the latest Namibia International Merchandise Trade Statistics Bulletin released by the Namibia Statistics Agency (NSA). However, imports surged by 20.5% in September, totaling N$14.8 billion compared to N$12.3 […]
FAO Launches Nursery to Boost Food Security in Eenhana
By: Loise Shiimi The Food and Agriculture Organisation of the United Nations (FAO) has inaugurated a nursery in Eenhana, as part of its Green Cities Initiative (GCI) aimed at enhancing food security and sustainable urban development. Launched in 2020, the GCI aims to improve the well-being of urban and peri-urban populations by creating […]
Namibia Lacks Studios, Incentives to Boost Film Industry
By: Justicia Shipena Namibia’s film industry faces significant challenges in attracting investment and international productions due to a lack of essential infrastructure and government incentives. This is according to Nangula Uandja, CEO of the Namibia Investment Promotion and Development Board (NIPDB). The country’s absence of film studios is a key barrier, she said, […]
Road Crash Data Lacking for Economic Impact Assessment
By: Abigail Nalisa Health Minister Kalumbi Shangula has highlighted a significant lack of monitoring and evaluation of critical data related to road crashes, which is essential for assessing their economic, social, and health impacts on Namibia. He noted that data on seatbelt and helmet use, as well as instances of driving under the […]
Govt Lowers Expected Diamond Sector Revenue by N$2.3 Billion
By: Hertha Ekandjo The government has reduced its projected revenue from the diamond sector for the 2024/2025 fiscal year by more than N$2.3 billion, citing lower global diamond prices and weakened demand. Minister of Finance and Public Enterprises Iipumbu Shiimi revealed the revised revenue forecast on Wednesday during the mid-year budget review for […]