The Brief is an online news portal and going source with a focus on the Namibian business sector, current affairs, companies and financial markets.
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June 10, 2023
Agriculture (144)
A good rainy season should be perceived as one that starts in time as anticipated, is well distributed throughout the season, and ultimately rehydrates the soil, refills water sources, and revegetates the rangeland. However, of recent, rainfall activities are conspicuously erratic, and their effects can be a concern.
Namibian rangelands present a variety of forage resources to livestock and wild animals for survival.
The Namibia Correctional Service (NCS) is taking steps to address food insecurity in the country by expanding green initiatives at its various facilities.
Namibia’s agricultural sector is forecasted to post positive growth next year, driven by growth in livestock production and expected adequate rainfall in the current Summer season, according to research firm Simonis Storm.
Namibia’s beef market recorded a 36% growth in cattle marketed in October 2022, due to a 60% increase in live exports to 15,667 in October from 9,808 recorded in the prior month, latest figures from Agribank show.
The United Nations World Food Programme (WFP) in Namibia has entered into an agreement with Tololi Online to implement and scale up joint efforts on e-commerce solutions for Rural Transformation, Human Capital Development and Sustainable Food Systems.
As Namibian farmers eagerly anticipate a favorable rainy season as forecasted, however, the signs of climate change still linger.
The Namibian government has extended the proposal submission deadline for three green schemes by two more weeks to give investors more time to bid.
As the country charts forward towards the realization of its much-anticipated endeavor, Vision 2030, it has become evident that many rural areas in Namibia continue to experience an alarming rate of rural to urban migration.
Increased livestock marketing activities experienced this year are expected to support growth in the agriculture industry, research firm Simonis Storm has said.
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Engaging in a poultry enterprise can be very rewarding when one ensures that the basic operational requirements like housing, feed, water, and lighting are in place. With many farmers being small-scale producers, feed happens to be their most significant cost accounting for 60 – 75% of the operational costs of an enterprise during a production cycle.
The number of cattle marketed in Namibia declined drastically to 15,840 in September down from 16,952 in August 2022, due to a ripple effect from the 21-day nationwide ban on the movement of cattle in South Africa, latest statistics shared by Agribank show.
The agriculture sector grew by 3% and 1.6% in the first and second quarter of the year respectively, lagging far behind overall GDP growth rates of 6.5% and 5.6% in the same period.
The Agricultural Bank of Namibia (Agribank) will cease accepting cash payments with effect from the 1st of December 2022.
