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Category: Business

NIDA seeking investors for feedlot at Kavango Cattle Ranch

The Namibia Industrial Development Agency ( NIDA ) is seeking investors for feedlot development , fodder , and feed cultivation at its Kavango Cattle Ranch facility in the Kavango West Region . The agency ‘ s recently appointed Chief Executive Office…

Nampa and Sputnik sign MoU to increase news coverage

WINDHOEK: The Namibia Press Agency ( Nampa ) and Russian State – owned news agency Sputnik News inked a Memorandum of Understanding ( MoU ) on Monday , intending to increase news and information cooperation between the two countries . The agreement wi…

Okakarara trade fair to commence Monday

The business activities of the Okakarara Annual Trade Fair in the Otjozondjupa Region is set to commence on Monday morning at the Okakarara Trade Fair Centre . Organising committee member of the event , Golden Katjatako in an interview with Nampa on …

Government to lift moratorium on wholesale petroleum licences

WINDHOEK: The Ministry of Mines and Energy has announced that the moratorium on issuing wholesale petroleum licences will be lifted on Friday.

The moratorium was put in place on 15 August 2022 to allow the ministry to improve its licensing system and…

Four schools constructed in Kavango East after COVID-19: Wakudumo

Governor of the Kavango East Region, Bonny Wakudumo, said as part of the recovery from the effects of COVID-19 pandemic, the region has constructed four schools.

Wakudumo said this during the State of the Region Address held here on Wednesday, indica…

BoN announces reduction in repo rate

WINDHOEK: The Bank of Namibia (BoN) announced a 25 basis point reduction in the repo rate, from 7.75 per cent to 7.50 per cent, on Wednesday.

Making the announcement here Wednesday, BoN Governor Johannes !Gawaxab said the monetary policy stance will …

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