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Author: Freeman Ngulu

Rent Control back to drawing board

The Minister of Information and Communication Technology, Hon Tjekero Tweya said this week that the rent control board relies on old legislation that will have to be updated. The definition of what constitutes “reasonable rent” will also be changed. Tweya said, “specifically when one reviews the 7.5% which is defined as interest which the building societies may charge on mortgage bond loans.” A government directive to regulate the rental market and prevent the exploitation of tenants by landlords produced eighty nine resolutions adopted by the Special Cabinet Committee on Land Related Matters (SCCLRM). This outdated legislation in the form...

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Biomass technology demonstration centre proves viability

The Cheetah Conservation Fund (CCF) through continued research, demonstration of related technology and training, is turning to a new wave of economic activity within central Namibia centered on biomass. CCF is coordinating international donors and investors to fund and support the Biomass Technology Demonstration Centre (BTDC). The completed construction of this new facility at its main campus demonstrate the full economic potential of biomass related industries and to research sustainable harvest methods that ultimately restore habitat. With up to 15 tons per hectare of invasive thorn bush in central Namibia. General Manager at the Cheetah Conservation Fund, Dr. Bruce...

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Development Bank scouts for viable projects in Otjozondjupa

The Development Bank (DBN) will be in the Otjozondjupa Region later in the month and will host information sessions to familiarize stakeholders on their activities, and how to apply for larger enterprise finance. The information sessions will take place on 27 February, at Okahandja Country Lodge, from 16h00 – 17h00, Tuesday 28 February at Out of Africa in Otjiwarongo, from 11h30 – 13h30, and Thursday, 2 March at Peace Garden Lodge in Grootfontein from 11h30 – 12h30. DBN CEO, Martin Inkumbi will lead a team to prospect projects with an annual turnover of N$10 million or more in the...

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Namibians to see ‘Ring of Fire’ as annular solar eclipse nears

Namibia will experience an annular solar eclipse on Sunday 26 February and this will be one of the most spectacular in the country this century, according to UK astronomy expert, Dr Rhodri Evans. Cardiff University’s Dr Evans said the sun would be partially obscured across Namibia, with the north near the Angolan border plunged into near-darkness. Dr. Evans will give a public lecture about Sunday’s eclipse at the University of Namibia (UNAM) on 22 February as part of Cardiff University’s Phoenix Project. “This eclipse on 26 February is one of the six most complete from Windhoek this century, so...

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How the modern poultry industry is taking shape in Africa

According to RaboResearch’s latest report, ‘Time for Africa: Capturing the African Poultry Investment Opportunity, many international retail and quick-service restaurant (QSR) investments in the region are of South African origin and this they said could provide the industry with a good sales platform. South Africa is well on its way to profit from the bullish industry in sub-Saharan Africa as Africa takes its place on the world stage at a time when the industry is moving from a national to regional base to a more global platform. The year-on-year growth in the global poultry markets is set to continue...

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Japan eager to invest in Walvis Bay logistics hub

A Japanese business mission jointly organised by the Japanese Chamber of Commerce and Industries in South Africa (CCIJ) and Japan External Trade Organisation (JETRO) is visiting Namibia from 21 to 24 February. The mission  consisting of representatives of eight major Japanese companies, is headed by the Chairman of CCIJ and the Regional Chief Operations Officer for Africa of Marubeni Corporation, Mr. Takashi Yao. The travelling delegation plans to meet with senior government officials to collect information updates and improve their understanding of economic policy and infrastructure development projects as well as the policy stance on mineral resources and the energy...

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Women championing in the field of science

The Gobabeb Research and Training Programme (GTRIP) this week welcomed, Elizabeth Shilunga (UNAM, Bsc. Honours Environmental Biology), Ester Kayala (UNAM Bsc. Honours Environmental Biology), Saima Shikesho (UNAM, Bsc. Honours Environmental Biology), and Petra Mutota (NUST), completing her Bsc. in Natural Resources Management as their participants in this year’s intake. The Gobabeb programme provides an interdisciplinary research experience for emerging scientists . The intake of the student comes days after the celebration of the International Day of Women and Girls in Science, which recognises science and gender equality as both vital for the achievement of the 2030 Agenda for Sustainable...

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Development Bank encourages early loan applications

Development Bank of Namibia, CEO, Martin Inkumbi is encouraging project initiators to approach the bank for early funding. Inkumbi said to ensure that financial resources are available, especially when required for large-scale projects and enterprises, applicants should align them to the pillars of the Harambe Prosperity Plan (HPP), which he said the prioritisation is not a shift away from the Bank’s focus on key sectors identified by National Development Plan 4 (NDP4), but an additional focus for the Bank. “The priority infrastructure areas, to which the Bank may contribute with finance, are energy, water, transport and ICT. The Bank...

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