Thursday, October 1, 2026
Subscribe
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • E-PAPERreader
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • E-PAPERreader
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
Subscribe
No Result
View All Result
Home Companies Agriculture

Neckartal Dam project needs additional N$2bn

by editor
March 9, 2023
in Agriculture
7
A A

An additional N$2 billion is required to complete the construction of the Neckartal Dam’s second phase, the Ministry of Agriculture, Water and Land Reform has said.

The money will be used for planning, designing, implementing and running the envisaged irrigation scheme.

The Government has already spent N$5.4 billion to set up the dam that has a holding capacity of 800 million cubic metres, making it the biggest dam in the country with the view of collecting water and being used for irrigation and farming purposes.

“We must be going into this project knowing that the financing has not been secured.  When the project started money was readily available, due to the fiscal instability where we found ourselves having depleted the debt avenues, our abilities disappeared. However, this is an important project which cannot be abandoned and left to waste.  Hence, let’s put our heads together and come up with a workable and bankable model that will generate revenue,” Agriculture, Water and Land Reform Minister Calle Schlettwein said on Thursday.

The Minister said this while addressing local leaders from the //Kharas Region where the dam is situated, when the Ministry was engaging the community to devise ways on how bankable the Neckartal Dam project can be.

“Each operation must be viable and bankable because even the farmers who will be running the farms will need to borrow money from commercial banks to sustain their activities. Thus, the model needs to work, so that we produce more than enough for local consumption and exporting, so that revenue can be generated to pay off the loans and debts, while maintaining food sustainability for the nation,” added Schlettwein.

The Ministry has allocated 5,000 hectares of intensive irrigation land.

“Therefore, let’s avoid quarrels and disagreements because they will hinder the main objective,  and later result in all of us losing out because we can’t reach consensus on how to run and manage the project into fortunes,” he advised.

He said there are various models to choose from such as replicating the green scheme model of having large irrigation areas, complemented by medium components.

The other option, he suggested, will be to subdivide the land into five pieces measuring 1,000 hectares. 

“We have many options, therefore let’s all agree and present viable ideas. It is very important to also consider what type of crops, the value thereof and the market where produce can be sold, as forming part of the second phase of planning and design. It is only through a solid foundation we can leverage this project,” Schlettwein said. 

The Neckartal Dam Irrigation Scheme is set to receive N$10 million earmarked for irrigation development in the 2023/24 financial year, as mentioned by Finance and Public Enterprises Minister Iipumbu Shiimi in his budget speech in February following proposals by the Ministry of Agriculture, Water and Land Reform to start  with the irrigation activities.

author avatar
editor
See Full Bio
Previous Post

MIT to facilitate new trade policy workshop

Next Post

Heineken gets final approval to acquire Namibia Breweries, Distell

Must Read

Herd of brown and black cows walking along a gravel rural road, ear tags visible under a clear blue sky with green trees nearby.
Agriculture

FMD outbreak spreads to five farms in Karasburg district

September 30, 2026
Adult rhinoceros standing at a muddy waterhole in a dry savanna, with distant antelope silhouettes in the background.
Agriculture

Namibia records 24 rhino poaching cases in 2026

September 29, 2026
Meatco misses 70,000 slaughter target
Agriculture

Meatco prepares to resume slaughter as FMD restrictions ease

September 28, 2026
Milk carton and a glass of milk, carton labeled MILK with a blue cap, 1L capacity, on a light gradient background.
Agriculture

FMD restrictions do not affect UHT, pasteurised milk supply

September 27, 2026
A herd of brown cows standing in a sunlit pasture with yellow ear tags visible on their ears
Agriculture

Namibia partially lifts FMD restrictions as disease remains confined to //Kharas

September 27, 2026
Herd of brown and black cows walking along a gravel rural road, ear tags visible under a clear blue sky with green trees nearby.
Agriculture

Govt establishes FMD Support Fund as outbreak response intensifies

September 26, 2026
Load More

Related News

Namibia blueberry exports reach N$52.2 million in 2024

Namibia blueberry exports reach N$52.2 million in 2024

May 15, 2025
Impact Property Fund listing signals new depth for Namibia’s capital market

Should you pay off your bond faster or invest in stocks?

June 5, 2026
Fraud risk management in Namibia’s life insurance sector

Fraud risk management in Namibia’s life insurance sector

June 2, 2025

Browse by Category

  • Africa
  • Agriculture
  • Analysis
  • Business & Economy
  • Columnists
  • Companies
  • e-edition
  • Finance
  • Finance
  • Fisheries
  • Green Hydrogen
  • Health
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • Namibia
  • namibia
  • News
  • Opinions
  • Property
  • Retail
  • Technology
  • Tourism
  • Trade
The Brief | Namibia's Leading Business & Financial News

The Brief is Namibia's leading daily business, finance and economic news publication.

CATEGORIES

  • Business & Economy
  • Companies
    • Agriculture
    • Finance
    • Fisheries
    • Health
    • Property
    • Retail
    • Technology
    • Tourism
    • Trade
  • e-edition
  • Finance
  • Green Hydrogen
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • namibia
  • News
    • Africa
    • Namibia
  • Opinions
    • Analysis
    • Columnists

CONTACT US

Cell: +264814612969

Email: newsdesk@thebrief.com.na

© 2026 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Companies
  • Mining & Energy
  • Business & Economy
  • Opinions
    • Analysis
    • Columnists
  • Africa

© 2026 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.