The manager of the Etunda Green Scheme in the Omusati region says last year they planted maize on 700 hectares (ha) of land, with an expected harvest of 600 tonnes of maize by May and June this year. Sacky Shilyomunhu told The Namibian that this time around, they have no shortage of equipment or inputs,...
The Ndonga Linena Green Scheme farm manager fears that an electricity outage there may affect the farms’ yield for the current planting season. Janno Rentel says the power outage at the green scheme has become prevalent. Farm manager Janno Rentel says NORED needs to act urgently on the matter. He says that for the past...
Hertta-Maria Amutenja Brian Eiseb, the Namibia Institute of Pathology’s (NIP) Chairperson of the Board of Directors, has clarified that the recently reported vehicle scheme for senior employees was approved by the Board during a duly constituted meeting. The decision followed a comprehensive benchmarking comparison with various public and private sector institutions. Eiseb was responding to...
The Farm Assured Namibian Meat Scheme (FAN Meat) office announced the producer of the year last week after conducting on-site farm inspections of 62 local producers delivering livestock to export-approved abattoirs. This year, Gero Schonecke, who won a prize of N$5500, was honoured for his exceptional record-keeping, sound farm management practices, animal welfare standards upheld,...
Finance and public enterprises minister Iipumbu Shiimi has revealed that 310 small and medium-sized enterprises (SMEs) have benefited from the SME Economic Recovery Loan Scheme that was officially launched during Covid and relaunched earlier this year. Shiimi said this during the end of the year press briefing at State House in Windhoek yesterday. “SMEs are...
Nedbank Namibia, one of the country’s leading banks, is set to play a pivotal role in supporting small and medium enterprises (SMEs) through a pioneering programme initiated by the Namibia Special Risks Insurance Association (Nasria). Participating financial institutions seek to address a significant hurdle faced by SMEs – the lack of collateral to secure business...
In a landmark event held at the Nampower Convention Centre, Hon. Ipumbu Shiimi, the Minister of Finance and Public Enterprises, lauded the inauguration of the FNB Namibia/NASRIA Credit Guarantee Scheme, emphasizing its potential to revolutionize the landscape for Small and Medium Enterprises (SMEs). The scheme is poised to not only bolster the SME sector but...
The Development Bank of Namibia (DBN), Kongalend financial Services (Pty) Ltd and Bellatrix SME Finance (Pty) Ltd have all joined forces with the Namibia Special Risks Insurance Limited (NASRIA) on the Credit Guarantee Scheme (CGS). Launched in August 2020 by Minister of Finance and Public Enterprises, Ipumbu Shiimi, the CGS provides collateral cover of 60%...