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News / Page 19
RMB Namibia Arranges N$900 Million Entrepo Loan
By: Justicia Shipena RMB Namibia has arranged and provided a N$900 million debt funding solution for Entrepo Holdings (Pty) Ltd, an enterprise that offers loan solutions to all permanent government employees. This marks one of the largest financial deals of the year, with RMB Namibia successfully acting as the trusted advisor for Entrepo, a […]
Shifeta Calls for Initiatives to Boost Domestic Tourism
By: Ludorf Iyambo Minister of Environment, Forestry, and Tourism, Pohamba Shifeta, has urged stakeholders to join the government in creating more cultural heritage products to expand Namibia’s tourism offerings. This initiative aims to stimulate domestic tourism demand and enhance the guest experience within the country. Earlier this month, The Villager reported a decline in […]
BIPA to Engage Stakeholders on Beneficial Ownership Sanctions
By: Justicia Shipena The Business and Intellectual Property Authority (BIPA) has announced plans to consult with stakeholders on various concerns related to beneficial ownership sanctions. This consultation aims to address and clarify issues stakeholders have raised regarding the implementation and impact of these sanctions. The Financial Intelligence Centre (FIC) and BIPA have recently issued […]
Ohangwena’s N$250 Million Aquifer to Boost Northern Water Supply
By: Nghiinomenwa-vali Erastus and Hertha Ekandjo The government will allocate N$250 million from the N$3.3 billion (including N$1.8 billion in loans) set aside for water infrastructure to develop the Ohangwena Aquifer, making it the second primary source of bulk water in the Central Northern Water Supply Area. This was announced by Agriculture Minister Carl […]
Paratus Group Completes Fastest Fiber Route Linking Johannesburg to Europe
Dolly Menas Paratus Group has announced the completion of the fastest fibre express route from Johannesburg to Europe, marking a significant step forward in bolstering connectivity between Africa and Europe. Spanning 1,890 kilometres and linking Johannesburg, Botswana, and Swakopmund, this achievement solidifies Paratus as a trailblazer in narrowing the digital gap between the two […]
Cooling Innovations: Engines of Job Creation and Economic Prosperity
Justicia Shipena Minister of Industrialisation and Trade, Lucia Iipumbu, says the cooling sector has the potential to drive innovation, create jobs, and foster economic growth. Iipumbu who spoke during the stakeholder consultations on the draft Special Economic Zone (SEZ), National Informal Economy, Startup and Entrepreneurship Development Policy (NIESED), Namibia Investment Promotion and Facilitation Bill, […]
New Sectors Needed to Change Omaheke’s Fortunes, Argues Nganate
Dwight Links Omaheke Governor Pijoo Nganate has emphasised the need to diversify the region’s economic activities to foster growth, especially in the face of another looming drought. Traditionally known for its agricultural activity, often referred to as Cattle Country, Omaheke’s ability to maintain this title is under threat due to prolonged periods of […]
Mello Bakery, Rising with Rosamunde
Tiffany Miller In the heart of industrial Windhoek, Mello Bakery hums with activity. The 24-hour operation, which produces thousands of loaves of bread every day, has recently become the place of work for young Rosamunde, a participant in the U.S. government-funded Reach Namibia project. The 23-year-old lives with her mother and siblings in Katutura’s Ombili […]
Suncity Residents Receive Water from Good Samaritan
Annakleta Haikera A well-known resident in Rundu, Gabriel Hakusembe, on Monday generously donated four containers totaling 10,000 litres of water to the residents of Suncity, who have been enduring water scarcity for several months. Hakusembe announced that the residents will receive water deliveries twice a week until a permanent solution to the water crisis […]
Agriculture Sounds Alarm Again on Its Inadequate Budget…Funding Agriculture: A Case of Mere Rhetoric?
By: Nghiinomenwa-vali Erastus Despite the flurry of statements from political leaders in key government offices and parliament emphasising the importance of agriculture, the sector still continues to be hugely neglected in the national budget. This year, the Ministry of Agriculture, Water, and Land Reforms has described its budgetary allocation as “worrisome” in the face of […]