Monthly Archives: November 2024

13 11, 2024

LIVESTOCK AND MEAT INDUSTRY THIRD QUARTER REVIEW FOR 2024

2024-11-13T10:15:06+02:00 November 13th, 2024|NEWS|

This article will review the performance of cattle, small stock and pork marketing in the third quarter of 2024, compared to the same period in 2023. Cattle sector An overall marginal increase in cattle marketing was recorded during the third quarter of 2024. Due to prevailing drought conditions coupled with better producer prices, slaughtering at [...]

12 11, 2024

LONG TERM MARKET SELECTION STRATEGY COULD TILT TOWARDS UNCONVENTIONAL MARKETS

2024-11-12T15:15:55+02:00 November 12th, 2024|NEWS|

Ace MuteloManager: Information SystemsLivestock and Livestock Products Board of Namibia Namibia’s beef economy is dependent on exports for its sustainability and is impacted by international changes. The latest global outlook has highlighted significant changes in global meat markets. The outlook, compiled by the Organisation for Economic Cooperation and Development (OECD) and the Food and Agriculture [...]

12 11, 2024

GLOBAL PORK CONSUMPTION PROJECTED TO GROW

2024-11-12T15:12:36+02:00 November 12th, 2024|NEWS|

Desmond Cloete, the marketing manager at the Livestock and Livestock Products Board of Namibia, who gave a brief overview of the pork market share promotion scheme and its importance in securing a future for pork production in Namibia. Global pork consumption is projected to grow 8% or 131,1 million tonnes by 2033. Asia, Latin America, [...]

12 11, 2024

MEAT CHRONICLE

2024-11-13T08:57:33+02:00 November 12th, 2024|NEWS|

LLPBN sponsor awards at Neudamm The Livestock and Livestock Products Board of Namibia (LLPBN) attended the University of Namibia’s (UNAM) prize-giving ceremony in September. The LLPBN sponsored two awards handed out to outstanding agricultural students. Nice Munekamba was the best student in the Animal Science programme (BSc Hons) and Aino Nambahu was the best animal [...]

1 11, 2024

HOW EMBRACING CONSCIOUS LEADERSHIP CAN CREATE POSITIVE AND SUSTAINABLE CHANGE

2024-11-01T07:11:58+02:00 November 1st, 2024|NEWS|

Sustainability is the concept of meeting today's needs without compromising the ability of future generations to meet their own. It encourages a balanced approach to using resources, taking only what we need while preserving essential resources for human survival. Sustainability involves taking conscious steps to balance environmental, social, and economic factors to ensure the long-term [...]

1 11, 2024

THE STONEMEN

2024-10-31T13:14:46+02:00 November 1st, 2024|NEWS|

A journey through mystery, nature and timeless wisdom in Namibia's Kaokoland The Stonemen - Flint and friends in Kaokoland is a spellbinding journey into the heart of Namibia’s remote and mystical Kaokoland, where the lines between reality and legend blur against the backdrop of vast desert landscapes. Authored by Ron Swilling, who skillfully narrates the [...]

1 11, 2024

B2GOLD’S DUAL COMMITMENT TO COMMUNITY WELL-BEING:

2024-10-31T12:59:22+02:00 November 1st, 2024|NEWS|

EMPOWERING EDUCATION AND HEALTHCARE IN OTJOZONDJUPA B2Gold’s mission extends beyond mining, with a strong focus on making meaningful contributions that uplift communities. In the Otjozondjupa Region, the company, together with key stakeholders identified core areas essential for sustainable development, including education and healthcare. Through its support of initiatives like eduvision and the construction of the [...]

1 11, 2024

A MONTHLY WRAP-UP OF NEWS WORTH KNOWING

2024-10-31T12:38:40+02:00 November 1st, 2024|NEWS|

Namibia’s mining, financial, agricultural, and manufacturing sectors are advancing with new investments and government support. Over 600 new mining exploration applications reflect confidence in Namibia’s mineral wealth, although only 68 out of 162 active mining licenses are operational. The Bank of Namibia cut interest rates by 25 basis points to stimulate the economy amid low inflation. The Capricorn Foundation invested N$350,000 to train young Namibians in hospitality, aiding job creation. In manufacturing, the Trade Ministry is encouraging MSME participation in the beverage industry following AB InBev’s local production of Lion Lager. Additionally, Kadila Poultry Farming began operations, aiming to produce 400 tonnes of poultry monthly and create 350 jobs, reducing Namibia’s reliance on imports. These developments highlight progress across key sectors.

1 11, 2024

RECOGNISING THE RESEARCHERS

2024-10-31T12:16:07+02:00 November 1st, 2024|NEWS|

Empowering Namibia’s conservation future Hauptfleisch and Oppenheimer (centre), PhD students (left and right) By linking research with policy initiatives, the fellowship aspires to create pathways for more and inclusive conservation strategies. Engaging with local communities and policymakers will ensure that conservation sound but also socially equitable. “As a family, we have been deeply involved in [...]

1 11, 2024

FINANCIAL INDICATORS

2024-10-31T13:20:05+02:00 November 1st, 2024|NEWS|

"Namibia’s export performance in August 2024 totalled N$8.7 billion, marking the second consecutive month of decline since the peak reached in June 2024, despite showing a year-on-year growth of 18.2%." In August 2024, Namibia recorded exports of goods and services amounting to N$8.7 billion, while imports reached N$12.3 billion, resulting in a trade deficit of [...]