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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March 22, 2023
Agriculture (121)
Namibia's beef subsector marketed 7,374 cattle for slaughter in July 2022, a 33% decline from 11,072 cattle sold for the same purpose prior year, latest statistics shared by Agribank show.
Königstein Capital, which has so far invested over N$100 million in Mashare Blueberry production, is planning to increase its investment to over N$1 billion in the next 10 years.
The Ministry of Agriculture, Water and Land Reform has imposed a country wide suspension of livestock imports, exports of fresh meat and raw animal products from Botswana.
Livestock farming enterprise objectives are aimed at increasing and sustaining production, which in turn, exerts pressure on the animal’s physiological abilities to perform. These performance aspects include reproduction, health, feed conversion, and general adaptability amongst others.
Namibia has announced a ban on poultry imports from Spain due to the outbreak of Highly Pathogenic Avian Influenza (HPAI) in that country.
Savanna Beef Processors in its latest update, says it has now raised N$16.52 million from a targeted N$54 million, a week after opening its second capital raise which is due to close on the 9th of September 2022.
Tomatoes scientifically known as Lycopersicon esculentum, are grown during spring and summer (September to the end of April) for their fleshy fruits that are rich in taste and Vitamin C.
Savanna Beef Processors, a grouping of Namibian beef producers, has raised an additional N$12,3 million from 39 producers on the opening day of its 2nd capital raise which opened on Friday.
Northern communal farmers may get an opportunity to export beef to the European market following plans to construct a N$35 million meat processing plant at Katima Mulilo funded by the European Union (EU).
Namibia’s beef market recorded a 20% growth in cattle marketed for the first half of 2022 in a clear sign of recovery from the prolonged drought, Agribank has said.
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The Ministry of Agriculture has lifted control measures imposed after an outbreak of a highly pathogenic avian influenza (HPAI) was detected in the Erongo region and killed over 1,000 wild birds, mainly cape cormorants.
The Food and Agricultural Organisation (FAO) and Namibia Statistics Agency (NSA) have joined forces to conduct an agricultural census to assist with planning in the sector.
The United Nations Development Programme (UNDP) says Namibia needs to increase investment in agriculture to achieve food security amidst the raging Russia-Ukraine conflict that is threatening both global and African food security.
The Meat Corporation of Namibia (Meatco) has secured a N$200 million loan facility from the Development Bank of Namibia (DBN).