cHINAnAMIBIA
cHINAnAMIBIA

China-Namibia relations flourish

• More official visits planned
The Chinese government has approved an approximately N$26 million grant – subject to exchange fluctuations – for emergency food aid to Namibia.
Jemima Beukes
The Chinese embassy in Namibia regards the successful bilateral meeting between Chinese President Xi Jinping and President Hage Geingob in August, which took place on the sidelines of the BRICS Summit in Johannesburg, South Africa, as the most significant highlight of China-Namibia relations this year.

It was their first physical meeting between the two leaders in five years, since their last meeting in 2018 in Beijing, and the two presidents reached an important consensus on pushing forward the China-Namibia comprehensive strategic partnership.

Working together more than ever

These are the sentiments of Chinese ambassador to Namibia, Zhao Weiping. Speaking during a media briefing last week, he emphasised President Xi’s announcement of China’s 'Initiative on Supporting Africa’s Industrialisation', 'China’s Plan for Supporting Africa’s Agricultural Modernisation', and the 'China-Africa Cooperation on Talent Development'.

“Our two presidents have also maintained close contact with each other by exchanging letters. The close engagement between them has provided strategic guidance for the development of China-Namibia relations. The second important development of bilateral relations this year is the picking up of the exchanges of official visits between our two countries, which almost completely stopped in the three years of the pandemic," he said.

“The third achievement of the bilateral relations is the further strengthening of bilateral trade and economic cooperation. According to the statistics by the Chinese side, from January to September, China-Namibia bilateral trade volume reached US$1 billion, an increase of 29% over the same period of last year."

There to help

The ambassador also stated that, although no major investment projects were announced this year, an increasing number of Chinese companies are showing their interest in investment opportunities in Namibia and that, according to local Chinese travel agencies, Namibia is expected to receive about 8 000 Chinese tourists this year, which is almost half of the number in peak times before the pandemic.

“Almost every day, I am thinking about what I can do as ambassador to make a contribution to the further development of our bilateral relations. Based on my understanding of our two countries and the nature of our bilateral relations, I have set cooperation in the areas of agriculture, education infrastructure and talent development as the key priorities of my work in the time ahead.

He added: "Agriculture is critically important for Namibia, either for ensuring food security or solving the unemployment problem. I am very sensitive to all the issues related to agricultural cooperation between our two countries. Recently, when I learned from a newspaper that Namibia is experiencing a big shortage of food, I immediately reported it to my government. I am very happy that the Chinese government has announced to provide a grant of 10 million Chinese yuan (approximately N$26 million, subject to exchange fluctuations) for emergency food aid to Namibia. Currently, the embassy is discussing with the Namibian government the implementation of the aid."

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Namibian Sun 2024-09-19

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LaLiga: Real Betis 2 vs 1 Getafe | Mallorca 1 vs 0 Real Sociedad | Rayo Vallecano 3 vs 1 Osasuna SerieA: SS Lazio 2 vs 1 Hellas Verona | Parma 2 vs 3 Udinese Katima Mulilo: 19° | 40° Rundu: 20° | 39° Eenhana: 17° | 37° Oshakati: 17° | 35° Ruacana: 17° | 35° Tsumeb: 21° | 34° Otjiwarongo: 14° | 33° Omaruru: 13° | 33° Windhoek: 12° | 29° Gobabis: 10° | 29° Henties Bay: 10° | 16° Wind speed: 24km/h, Wind direction: S, Low tide: 05:02, High tide: 11:41, Low Tide: 18:01, High tide: 00:18 Swakopmund: 11° | 13° Wind speed: 27km/h, Wind direction: SW, Low tide: 05:00, High tide: 11:39, Low Tide: 17:59, High tide: 00:16 Walvis Bay: 10° | 16° Wind speed: 27km/h, Wind direction: S, Low tide: 05:00, High tide: 11:38, Low Tide: 17:59, High tide: 00:15 Rehoboth: 8° | 27° Mariental: 10° | 25° Keetmanshoop: 8° | 22° Aranos: 8° | 26° Lüderitz: 10° | 34° Ariamsvlei: 8° | 21° Oranjemund: 9° | 27° Luanda: 21° | 23° Gaborone: 14° | 27° Lubumbashi: 17° | 37° Mbabane: 8° | 10° Maseru: 4° | 11° Antananarivo: 12° | 29° Lilongwe: 21° | 32° Maputo: 16° | 19° Windhoek: 12° | 29° Cape Town: 12° | 19° Durban: 12° | 17° Johannesburg: 8° | 18° Dar es Salaam: 23° | 28° Lusaka: 23° | 36° Harare: 19° | 32° Currency: GBP to NAD 23.2 | EUR to NAD 19.53 | CNY to NAD 2.47 | USD to NAD 17.49 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.28 | EGP to NAD 0.35 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.65 | ZWL to NAD 0.04 | BRL to NAD 3.21 | RUB to NAD 0.19 | INR to NAD 0.21 | USD to DZD 131.81 | USD to AOA 926.84 | USD to BWP 13.21 | USD to EGP 48.46 | USD to KES 128.48 | USD to NGN 1593.37 | USD to ZAR 17.51 | USD to ZMW 26.3 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1838.95 Up +1.41% | Casablanca Stock Exchange (CSE) MASI 14184.33 Up +0.68% | Egyptian Exchange (EGX) 30 Index 30937.69 Up +1.96% | Botswana Stock Exchange (BSE) DCI 9651.25 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 589.00/OZ UP +1.16% | Copper US$ 4.32/lb UP +1.88% | Zinc US$ 2 955.80/T UP 0.43% | Brent Crude Oil US$ 74.76/BBP UP +2.41% | Platinum US$ 985.83/OZ UP +1.89% Sport results: LaLiga: Real Betis 2 vs 1 Getafe | Mallorca 1 vs 0 Real Sociedad | Rayo Vallecano 3 vs 1 Osasuna SerieA: SS Lazio 2 vs 1 Hellas Verona | Parma 2 vs 3 Udinese Weather: Katima Mulilo: 19° | 40° Rundu: 20° | 39° Eenhana: 17° | 37° Oshakati: 17° | 35° Ruacana: 17° | 35° Tsumeb: 21° | 34° Otjiwarongo: 14° | 33° Omaruru: 13° | 33° Windhoek: 12° | 29° Gobabis: 10° | 29° Henties Bay: 10° | 16° Wind speed: 24km/h, Wind direction: S, Low tide: 05:02, High tide: 11:41, Low Tide: 18:01, High tide: 00:18 Swakopmund: 11° | 13° Wind speed: 27km/h, Wind direction: SW, Low tide: 05:00, High tide: 11:39, Low Tide: 17:59, High tide: 00:16 Walvis Bay: 10° | 16° Wind speed: 27km/h, Wind direction: S, Low tide: 05:00, High tide: 11:38, Low Tide: 17:59, High tide: 00:15 Rehoboth: 8° | 27° Mariental: 10° | 25° Keetmanshoop: 8° | 22° Aranos: 8° | 26° Lüderitz: 10° | 34° Ariamsvlei: 8° | 21° Oranjemund: 9° | 27° Luanda: 21° | 23° Gaborone: 14° | 27° Lubumbashi: 17° | 37° Mbabane: 8° | 10° Maseru: 4° | 11° Antananarivo: 12° | 29° Lilongwe: 21° | 32° Maputo: 16° | 19° Windhoek: 12° | 29° Cape Town: 12° | 19° Durban: 12° | 17° Johannesburg: 8° | 18° Dar es Salaam: 23° | 28° Lusaka: 23° | 36° Harare: 19° | 32° Economic Indicators: Currency: GBP to NAD 23.2 | EUR to NAD 19.53 | CNY to NAD 2.47 | USD to NAD 17.49 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.28 | EGP to NAD 0.35 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.65 | ZWL to NAD 0.04 | BRL to NAD 3.21 | RUB to NAD 0.19 | INR to NAD 0.21 | USD to DZD 131.81 | USD to AOA 926.84 | USD to BWP 13.21 | USD to EGP 48.46 | USD to KES 128.48 | USD to NGN 1593.37 | USD to ZAR 17.51 | USD to ZMW 26.3 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1838.95 Up +1.41% | Casablanca Stock Exchange (CSE) MASI 14184.33 Up +0.68% | Egyptian Exchange (EGX) 30 Index 30937.69 Up +1.96% | Botswana Stock Exchange (BSE) DCI 9651.25 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 589.00/OZ UP +1.16% | Copper US$ 4.32/lb UP +1.88% | Zinc US$ 2 955.80/T UP 0.43% | Brent Crude Oil US$ 74.76/BBP UP +2.41% | Platinum US$ 985.83/OZ UP +1.89%