info_e12wt4cs – Page 502

26 Jan

Liberia exports to Namibia total N$323m

info_e12wt4csObserver Money

Namibia imported good worth N$323 million from Liberia during the period 2015 to 2022, the Namibia Statistics Agency (NSA) said. Namibia during the same period exported goods worth N$95.7 to Liberia the agency said. The NSA has been highlighting Namibia’s trade with African countries as the continent as part of the promotion of the African Continental Free Trade Area (AfCFTA). The AfCFTA is one of the flagship projects of Agenda 2063, The Africa We Want. It is a high ambition trade agreement, with a comprehensive scope that includes critical areas of Africa’s economy, such as digital trade and investment protection,…

26 Jan

Electric vehicles face challenges

info_e12wt4csObserver Money

Namibia's strides in the electric vehicle (EV) sector, while aligned with its green hydrogen initiatives, face substantial challenges, particularly in infrastructure development and cost, Simonis Storm Securities said. It said introduction of the high-end GWM ORA 03 300 Super Luxury by Pupkewitz GWM showcases innovation in sustainable transportation, yet its high price of N$699,900 highlights the economic barriers in adopting EVs. “This cost factor raises significant concerns about the accessibility of EV technology to the wider population,” the firm said. It said the lack of a robust EV charging infrastructure in Namibia presents a considerable obstacle. “Despite advancements in renewable…

26 Jan

Tsodilo hoping to resolve legal issues

info_e12wt4csObserver Money

Tsodilo Resources Limited, which has several mining ventures in Botswana, some close to the Namibian border is hopeful that its legal issues in Botswana will be resolved in short time so that the company can resume the evaluation and development of the Xaudum Iron Formation (XIF) project. The project is located in the North-West District of Botswana and extends for a known length of some 40 kilometers. The XIF is proximate to the Namibian border and 35km from the town of Divundu in Namibia. The XIF Project is a magnetite iron prospect. It takes its name from the Xaudum River…

25 Jan

Luxury travel on the increase

info_e12wt4csObserver Money

Simonis Storm Securities remain positive on seeing growth within the tourism sector. The firm said in a report that in 2024, the international travel industry is witnessing a notable evolution towards upscale and quality-focused tourism. The firm said this trend is particularly evident in Namibia, where there is an increasing development of properties tailored to offer luxurious travel experiences. Simonis said the new establishments are characterized not only by their luxury but also by their commitment to providing unique and authentic experiences, catering to the preferences of modern, adventure-seeking travelers. “Concurrently, the global tourism market is observing a growing interest…

25 Jan

Tractor fleet is in fact operational

info_e12wt4csObserver Money

Niël Terblanché The Ministry of Agriculture, Water and Land Reform (MAWLR) has addressed concerns raised by McHenry Venaani, President of Namibia's official opposition party, about the maintenance of its tractor fleet. Jona Musheko, the MAWLR spokesperson, clarified the situation in a statement. Musheko confirmed the Ministry's commitment to the careful maintenance of all its fleets, including tractors. The statement was a response to Venaani's remarks on social media, where he urged the MAWLR to properly maintain its infrastructure instead of scrapping useful implements. Venaani had claimed that the tractors had only minor issues but were being discarded and scrapped in…

25 Jan

Why sustainability is important

info_e12wt4csObserver Money

The concept of business sustainability is no longer merely fashionable in today's environment; rather, it represents a fundamental change in the way we think about and conduct business. Businesses now view success through a broader prism that goes beyond market supremacy and profit margins to include a profound duty - a commitment to the earth we inhabit. The need for sustainable business practices is a story that connects ecological care and economic success, not just a call to action. Think about the companies that have integrated sustainability into every aspect of their business. There is a strategic acumen at work…

25 Jan

Achieving harmony between work and life

info_e12wt4csObserver Money

CELESTE NANGOLO A fulfilling and purpose-driven professional life is like a vibrant picture. It is a mix of feeling good, work goals, and personal dreams all scrambled together. The focus is on how setting meaningful goals, blending them into your everyday work, and caring about your overall well-being can work together. It's not just about getting things done; it's about growing together and not just focusing on how much work you do. Setting goals is like having a guide for your personal and professional journeys. It is more than just making a to-do list at the beginning of the year.…

25 Jan

IATA and ICAO extend cooperation

info_e12wt4csObserver Money

The International Air Transport Association (IATA) and the International Civil Aviation Organization (ICAO) have extended their long-standing cooperation on setting and implementing global standards for the safe carriage of dangerous goods by air. An agreement to this effect was concluded at the IATA Executive Offices in Geneva during a visit by ICAO Secretary General Juan Carlos Salazar during which greater collaboration between the two organizations was discussed. IATA began issuing guidance for the carriage of Dangerous Goods on aircraft back in 1956 and has been updating and devising standards ever since. Based on the Technical Instructions agreed on at government…

25 Jan

Drought relief food items stolen from warehouse

info_e12wt4csNational News

Martin Endjala The Office of the Prime Minister (OPM) has expressed grave concerns regarding the theft of drought relief food items intended for the drought relief program. These items were stolen from a warehouse located at the Oshikango storage facility in the Ohangwena region. The confirmation of this theft came yesterday from the OPM's Chief Public Relations Officer, Rhingo Mutambo, who reported that a case (Case No. CR 34.01.2024) has been formally registered with the Namibian Police. Mutambo further disclosed that those responsible for the theft have been apprehended by the Namibian Police, and comprehensive investigations are currently underway. Mutambo…

25 Jan

NIP paves way for scientific excellence at Hochland High School with donation

info_e12wt4csNational News

Hertta-Maria Amutenja Namibia Institute of Pathology (NIP) has responded emphatically to the call from Hochland High School, unleashing a wave of support that promises to shape the future of aspiring scientists in Namibia. In a formal ceremony this week, Chief Strategy and Business Development Officer, and Chairperson of NIP's Corporate Social Investment Committee Niita Evaristus, officiated the handover of a remarkable donation aimed at revolutionizing the learning experience at Hochland High School. Responding to the urgent plea from Hochland High School, NIP has allocated resources for the enhancement of science education. The donation includes 200 Advance Scientific Calculators (Casio fx-991Plus),…