News Namibia Imports: Potatoes continue as top import crop
Although efforts to promote the growing of potatoes in Namibia are intensifying, the production of this crop has not reached levels where imports can be reduced or stopped.
News Namibia Imports: Namibia to cull 86,000 seals in annual sea hunt
Namibia initiates its controversial annual sea hunt this Saturday, targeting 86,000 Cape fur seals despite decreased global demand for seal products and escalating opposition from conservationists.
News Namibia Imports: Farmers prompted to sell some livestock to avoid losses amid drought
Local farmers have been prompted to sell some of their livestock to avoid stock losses due to drought as a result of inconsistent rainfall, and vegetation losses between March to April 2023, according to the Agricultural Bank of Namibia (Agribank).The total number of cattle marketed increased by 49% to 22,052 in March 2023 compared to 14,848 in the prior month, Agribank said in a monthly market watch report released this week.“The upsurge is...
News Namibia Imports: Weak exchange rate makes imports expensive
As R/USD reaches about 19 Namibia's import bill averaged N$10.3 billion in the first quarter of 2023. Phillepus Uusiku A weak exchange rate makes imports expensive, while exports become cheap, according to economic theory.In addition, a strong exchange rate makes imports cheap and exports expensive. An exchange rate is one currency expressed in terms of another.Fin24 recently reported that on Friday morning, the rand was in free fall, hitting a...
News Namibia Imports: Depreciation of South African Rand threatens Namibia’s economy
By Josef Kefas Sheehama.South Africa’s rand tumbled to 19.51 against the United States dollar, as geopolitical risks added to investor concerns over a domestic energy crisis and global monetary tightening.South Africa is Namibia’s major import partner receiving between 66% and 80% of total imports. The effects of Rand depreciation will affect Namibia’s economy and the local market, and even if we don’t have the same problems as South Africa, we...
News Namibia Imports: Goods price hikes to continue on weaker NAD
Namibia and the rest of Africa’s economies will remain at the mercy of the US dollar’s performance over the coming months, with imports of food, fuel and even electricity continuing to be expensive.
News Namibia Imports: Commodities News
gas lead 2022 commodities rally; recession clouds new year, article with image 3:11 PM UTC Worldcategory Russia follows up day of bombardment with overnight drone attack, article with video 3:07 ...
News Namibia Imports: Namibian rare earth minerals project targets 2026 production
Namibia's Broadmind Mining expects its Eisenberg rare earth minerals project to start production in 2026, an official said on Friday, as the country seeks to profit from growing demand driven by a global shift towards clean energy technologies.
News Namibia Imports: Botswana seeks permission to trade in rhino horn at global conference
Botswana seeks permission to trade in rhino horn at global conference - Along with Namibia, the southern African nation hopes to use proceeds from sale of rhino horn to fund national conservation efforts
News Namibia Imports: Namibian official impressed by Zim’s agric development
The delegation had meetings with officials from the Harare Provincial Office, the Lands, Agriculture, Fisheries, Water and Rural Development ministry; the Higher and Tertiary education and Technology ...
News Namibia Imports: Discontinue Trophy Hunting Imports Ban Bill to save African wildlife
A LEADING Southern Africa Develepment Community (Sadc) safari hunting company that has spent over US$3,3 million to support wildlife conservation and socio-economic development in Tanzania has ...
News Namibia Imports: Namibia: Stop UK Trophy Hunting Imports Ban Bill
Namibia alone has over 80 community wildlife ... industry-sponsored private members' bill to ban trophy hunting imports into the UK, including Africa's big five (elephant, rhino, lion, leopard ...
News Namibia Imports: Namibia: We Need to Cut Down On Food Imports - Kapuka
Author, life coach and radio DJ Otto Kapuka is continuing efforts to help others and is now running a garden at Onangombe in the Omusati region to provide employment to youth and produce affordable ...
