Namibia is the most competitive when it comes to logistic corridors, with cargo moving faster than in other southern African countries. The Road Sector Policy Conference in this regard, hosted by the Road Fund Administration, aimed at addressing the need for improvement in transport infrastructure to promote economic industrialisation. Although Namibia ranks number one in […]
Over 20 micro, small, and medium enterprises received equipment under the government’s Equipment Aid Scheme in Erongo Region, bringing the total number of beneficiaries of the programme to 3000 countrywide. The Equipment Aid Scheme is one of the interventions introduced by the Ministry of Industrialisation and Trade in 2009 to aid micro, small, and medium […]
Osino Resources, a gold exploration and development Canadian company, is officially part of Shanjin International Gold Corporation. This marks a step towards transforming the aspiration of discovering a gold deposit into tangible development. Osino Resources was sold to Shanjin for N$4.8 billion. The move will see Osino Resources’ Twin Hills Gold Project progress, which is […]
Erongo Governor Neville Andre says the non-tariff barriers continue to be a major concern for stakeholders along the corridor. Andre said issues such as complex administrative procedures, inconsistent enforcement of regulations, and excessive checkpoints are not only causing delays but also increasing the cost of doing business. Speaking at the Trans Kalahari Coridor stakeholder meeting, […]
Agriculture is not just a means of production but a pathway to prosperity for about seventy percent of the Namibian population. Addressing the 25th Bank of Namibia Annual Symposium, Minister of Agriculture, Water, and Land Reform Carl Schlettwein pointed out the need for Namibia to actively harness opportunities in global value chains to exploit […]
The domestic economy recorded a growth of 3.5 percent during the second quarter of 2024. The growth marks a slight slowdown in the economic activities compared to a growth of 3.6 percent that was recorded during the second quarter of 2023. This was stated by the Deputy Statistician General Ottilie Mwazi when she released the […]
Namibia will benefit immensely from the ten US$50 billion projects that came out of the Forum of China Africa-Cooperation (FOCAC) that took place in China this month. China’s Ambassador to Namibia Zhao Weiping announced this in an exclusive interview with nbc News. The partnership covers a range of areas, including industrial chain, agriculture, trade, […]
The Ministry of Gender Equality, Poverty Eradication, and Social Welfare hosted a Women Business Association seminar at Okahandja attended by women from different constituencies in the region. The two-day seminar addressed challenges faced by women in businesses, built the spirit of entrepreneurship by helping one another, and transferred skills to young businesswomen. The Director of […]
Namibia’s current railway infrastructure is inadequate for its fuel demand supply chains. This has resulted in minimal volumes being transported by rail in the country. Namibia’s reliance on rail for fuel transportation has dramatically declined from 70% a decade ago to just 14% today. With the scarcity of pipelines, road transport has surged, leading to […]
As Namibia’s oil and gas sector gains momentum, there is a strong focus on developing the necessary skills for its success. Selected government officials and industry stakeholders are participating in health, safety, security, and environment training to meet regulatory requirements and conduct inspections of offshore oil and gas sites. The potential for further oil and […]
