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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 […]
Cyberattacks Rising in Public Sectors Across the Global South
By: Dwight Links Cybersecurity firm Positive Technologies reports that public sector institutions in countries like Russia and regions such as Asia, Africa, and North America have become prime targets for cybercriminals. The report, covering data from 2022 through mid-2024, reveals that ransomware remains the most common attack method, although its overall use has declined […]
Langer Heinrich Local Spending Exceeds N$1.15 Billion
By: Justicia Shipena The Langer Heinrich Mine (LHM), has spent just over N$1,15 billion (US$61 million) over the past financial year, through the acquisition of local various products and services to strengthen its operations. This investment follows the successful restart of LHM, establishing it as a cornerstone in Paladin’s ambition to become a […]
Namibia and China Partner to Boost Agriculture
By: Dolly Menas and Kavee Vezemburuka The government in collaboration with the Food and Agriculture Organisation (FAO) and the Chinese government has launched the second phase of the South-South Cooperation (SSC) Project aimed at addressing Namibia’s agricultural challenges and promoting sustainable development. The project being spearheaded by the Ministry of Agriculture, Water and […]
Namibia to Vote on Ending Cuban Sanctions
By: Justicia Shipena Namibia, along with other United Nations member states, is set to vote today on a General Assembly resolution calling for the removal of U.S. sanctions on Cuba. The resolution, 78/7, urges an end to the economic, commercial, and financial blockade imposed by the United States. This will be the 32nd […]
IUM Officially Launches Alumni Scholarship Fund
By: Dolly Menas The International University of Management (IUM) has officially launched the IUM Alumni Scholarship Fund, a new initiative to support students facing financial challenges. The launch took place during the university’s alumni networking gala on Saturday evening. IUM Vice Chancellor Osmund Mwandemele noted that the event was more than a celebration […]