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Business personalities from India explore investment opportunities in Namibia

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A group of business personalities from India are in Namibia to explore investment opportunities.

The group of investors arrived in the country on Wednesday at the invitation of the Namibia Investment Promotion and Development Board (NIPDB).

Their businesses specialise in various sectors such as water, pharmaceuticals, manufacturing, fisheries, and aquatic resources, as well as other health sector products.

NIPDB CEO and Chairperson Nangula Uaandja welcomed the delegation and expressed appreciation for their prompt and positive response to the invitation.

Investing in sexual and reproductive health critical for long-term development: Kanem

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Investing in sexual and reproductive health is a critical investment in long-term development and achieving a world in which every woman, girl, and young person may reach their full potential.

Natalia Kanem, Executive Director of the United Nations Population Fund (UNFPA), stated in a press statement issued on Thursday in commemoration of World Health Day that this year's theme calls on the world to take necessary actions to address health challenges today and in the future.

Economist Mally Likukela warns of social protection slant towards elderly

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Local economist Mally Likukela says that even though Namibia's investment in social protection is relatively high, assistance is largely geared toward the elderly.

The economist says it's about time the country looked into prioritizing the fastest-growing age group, the youngsters.

Old age, disability, veterans, foster care grants, child maintenance, and vulnerability grants are just some of the more than 30 social programs considered to be instruments of social protection to eradicate poverty and reduce inequalities.

MTC reports N$52,9 million in 2022 revenues

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The Mobile Telecommunications Company (MTC) achieved profitable growth and increased its infrastructure investment during 2022 as its customer-centric digital transformation strategy delivered value.

The company's revenue has grown from N$25,6 million in 2021, to N$52,9 million in 2022. 

MTC achieved satisfactory growth in revenues from its traditional operations, with increased revenue from prepaid services more than compensating for lower postpaid revenue.

Chinese company pledges support to social activities to foster friendship among Chinese and Namibians

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The Project Manager of the China Henan International Cooperation Group, Zhang Hongbo, says the company will continue to invest in social activities in the country to foster friendship among Chinese and Namibian citizens.

He was speaking during the official opening of the annual Tses Spring Festival.

The China Henan International Cooperation Group is rehabilitating and widening the road between Tses and Gibeon.