The Ministry of Industrialisation and Trade (MIT) will continue to support efforts that stimulate entrepreneurial development, enhance economic activities, and empower small and medium enterprises. The ministry handed over a sewer pump, replaced septic tanks at Henties Bay’s Omdel Location, and facilitated the ground-breaking for a taxi rank and open market for N$1 million. Industrialisation […]
Access to markets has been a challenge for many small and medium enterprises (SMEs), and GS1 Namibia is now providing a platform where SMEs can meet buyers. GS1 Namibia organised one such event, the second of its kind, in Windhoek. The organiser of the one-day event, Patricia Hangula, says they are planning to have these […]
A heavy truck carrying an oxygen plant has arrived in Katima Mulilo after ten days on the road from Walvis Bay. The oxygen plant stands 50 meters long, 5,4 meters wide, and weighs 171 tonnes. It created quite the buzz on social media platforms, piquing the interest of many residents who gathered along the side […]
Botswana’s Minister of Transport, Eric Muthibi Molale, has called for speedy completion of the Trans-Kalahari railway line and the Trans-Kalahari road project. He made this remark during a visit to the Minister of Works and Transport, John Mutorwa in Windhoek. The Trans-Kalahari Railway Project is a bilateral initiative between Botswana and Namibia, aimed at enhancing […]
The Development Bank of Namibia and the One Economy Foundation have signed an agreement to drive sustainable economic growth, youth empowerment, and community development. The partnership will, amongst others, formalise a strategic framework of cooperation that covers a wide range of issues, emphasising mentorship, capacity building, and enterprise development amongst youth in the country. As […]
The Central Procurement Board of Namibia (CPBN) recorded 164 projects at a cost of N$6.7 billion in the first two quarters of 2024. This was revealed at a media briefing in the Windhoek. The contracts were placed into categories consisting of construction works with 64 projects valued at N$4 billion, goods with 23 projects valued […]
The City of Windhoek has announced that municipal tariffs have been increased by five percent since the 1st of October. The increase relates to water, rates and taxes, sewerage, and waste management. The municipality, in a public notice, says the increased tariffs were approved by the City Council on the 14th of June. Tariffs on […]
Africa is grappling with major challenges in managing disaster risks due to recurring droughts, severe flooding, and intense cyclones. These issues have impacted the continent’s economic development and hindered the achievement of various targeted goals. The loss of lives, destruction of infrastructure, disruption of services, and the impact on livelihoods are just a few […]
Vehicle sales in September have recorded a decrease of 0.8% compared to August figures. The month of September saw 988 new vehicles sold compared to 996 units sold in August. A total of 9471 vehicles have been sold thus far this year, representing 211 units fewer than the 9682 sold during the same timeframe last […]
With the Income Tax Amendment Act, many Namibians will now have some more money at their disposal. Financial experts, however, caution consumers to manage their finances wisely and put aside funds for emergencies as a shield against financial stress. Saving money for emergencies such as medical or home repairs saves one from financial stress. Consumers […]
