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Over N$90 billion spent on development projects since independence - minister
Over N$90 billion spent on development projects since independence - minister

Over N$90 billion spent on development projects since independence - minister

NAMPA
The Namibian government has spent at least N$90 billion on development since independence in 1990, economic planning minister Obeth Kandjoze said on Thursday.

Kandjoze made the announcement during the launch of a report titled 'Namibia's 30 years developmental journey', ahead of the country's 30th celebrations on Saturday.

The report highlights some of the achievements and milestones achieved by Namibia from 1990 to date.

In his remarks, Kandjoze said: “Government embarked on building a Namibia that every citizen wished for through the establishment of several of institutions, frameworks and policies like the National Development Plans, which replaced the Transitional Plan formed in 1991, and now the current one which is the fifth National Development Plan (NDP5).”

He highlighted that at independence, there were only about 1 313 primary and secondary schools in Namibia, but now there are about 1 885 schools in the country.

Higher education institutions also increased countrywide, he said, adding that this has also seen an increase in access to higher education compared to the pre-independence era.

Kandjoze further said government has managed to increase the number of healthcare centres countrywide, which has resulted in an increase in access to healthcare centres, including clinics.



Fishing

“As for natural resources, positive strides have been made since independence, with local fishing rights, for example, having increased from none to over 200 rights to date.

Moreover, significant progress has also been recorded in the aquaculture sub-sector where to date there are 122 fishing ponds countrywide,” the minister said.

He went on to say that the mining sector has also contributed significantly to the economy over the years, with 38 mining companies in the country and 938 with active mining explorations, contributing over N$2 billion in royalties in 2018.

NAMPA

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Namibian Sun 2024-09-21

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LaLiga: Deportivo Alaves 2 vs 1 Sevilla | Leganés 0 vs 2 Athletic Club | Real Betis 2 vs 1 Getafe SerieA: Hellas Verona 2 vs 3 Torino | Cagliari 0 vs 2 Empoli European Championships Qualifying: Stoke City 1 vs 3 Hull City English Championship: Stoke City 1 vs 3 Hull City Katima Mulilo: 20° | 36° Rundu: 22° | 37° Eenhana: 18° | 38° Oshakati: 18° | 37° Ruacana: 18° | 36° Tsumeb: 22° | 35° Otjiwarongo: 15° | 33° Omaruru: 15° | 35° Windhoek: 15° | 31° Gobabis: 12° | 32° Henties Bay: 11° | 21° Wind speed: 18km/h, Wind direction: NW, Low tide: 07:11, High tide: 13:35, Low Tide: 19:41, High tide: 01:54 Swakopmund: 13° | 15° Wind speed: 21km/h, Wind direction: N, Low tide: 07:09, High tide: 13:33, Low Tide: 19:39, High tide: 01:52 Walvis Bay: 11° | 20° Wind speed: 21km/h, Wind direction: N, Low tide: 07:09, High tide: 13:32, Low Tide: 19:39, High tide: 01:51 Rehoboth: 11° | 32° Mariental: 12° | 34° Keetmanshoop: 11° | 31° Aranos: 11° | 33° Lüderitz: 13° | 21° Ariamsvlei: 10° | 30° Oranjemund: 14° | 30° Luanda: 22° | 24° Gaborone: 12° | 25° Lubumbashi: 19° | 35° Mbabane: 8° | 12° Maseru: 4° | 17° Antananarivo: 11° | 32° Lilongwe: 19° | 30° Maputo: 14° | 22° Windhoek: 15° | 31° Cape Town: 11° | 24° Durban: 13° | 18° Johannesburg: 6° | 19° Dar es Salaam: 23° | 30° Lusaka: 19° | 29° Harare: 13° | 28° Currency: GBP to NAD 23.26 | EUR to NAD 19.53 | CNY to NAD 2.48 | USD to NAD 17.5 | 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 3.16 | RUB to NAD 0.19 | INR to NAD 0.21 | USD to DZD 131.91 | USD to AOA 927.77 | USD to BWP 13.17 | USD to EGP 48.46 | USD to KES 128.48 | USD to NGN 1593.37 | USD to ZAR 17.41 | USD to ZMW 26.45 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1831.97 Down -0.38% | Casablanca Stock Exchange (CSE) MASI 14246.86 Up +0.44% | 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$ 2 622.23/OZ UP +1.35% | Copper US$ 4.31/lb DOWN -0.0032 | Zinc US$ 2 884.80/T DOWN -0.23% | Brent Crude Oil US$ 74.74/BBP DOWN -0.0019 | Platinum US$ 976.09/OZ DOWN -0.0067 Sport results: LaLiga: Deportivo Alaves 2 vs 1 Sevilla | Leganés 0 vs 2 Athletic Club | Real Betis 2 vs 1 Getafe SerieA: Hellas Verona 2 vs 3 Torino | Cagliari 0 vs 2 Empoli European Championships Qualifying: Stoke City 1 vs 3 Hull City English Championship: Stoke City 1 vs 3 Hull City Weather: Katima Mulilo: 20° | 36° Rundu: 22° | 37° Eenhana: 18° | 38° Oshakati: 18° | 37° Ruacana: 18° | 36° Tsumeb: 22° | 35° Otjiwarongo: 15° | 33° Omaruru: 15° | 35° Windhoek: 15° | 31° Gobabis: 12° | 32° Henties Bay: 11° | 21° Wind speed: 18km/h, Wind direction: NW, Low tide: 07:11, High tide: 13:35, Low Tide: 19:41, High tide: 01:54 Swakopmund: 13° | 15° Wind speed: 21km/h, Wind direction: N, Low tide: 07:09, High tide: 13:33, Low Tide: 19:39, High tide: 01:52 Walvis Bay: 11° | 20° Wind speed: 21km/h, Wind direction: N, Low tide: 07:09, High tide: 13:32, Low Tide: 19:39, High tide: 01:51 Rehoboth: 11° | 32° Mariental: 12° | 34° Keetmanshoop: 11° | 31° Aranos: 11° | 33° Lüderitz: 13° | 21° Ariamsvlei: 10° | 30° Oranjemund: 14° | 30° Luanda: 22° | 24° Gaborone: 12° | 25° Lubumbashi: 19° | 35° Mbabane: 8° | 12° Maseru: 4° | 17° Antananarivo: 11° | 32° Lilongwe: 19° | 30° Maputo: 14° | 22° Windhoek: 15° | 31° Cape Town: 11° | 24° Durban: 13° | 18° Johannesburg: 6° | 19° Dar es Salaam: 23° | 30° Lusaka: 19° | 29° Harare: 13° | 28° Economic Indicators: Currency: GBP to NAD 23.26 | EUR to NAD 19.53 | CNY to NAD 2.48 | USD to NAD 17.5 | 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 3.16 | RUB to NAD 0.19 | INR to NAD 0.21 | USD to DZD 131.91 | USD to AOA 927.77 | USD to BWP 13.17 | USD to EGP 48.46 | USD to KES 128.48 | USD to NGN 1593.37 | USD to ZAR 17.41 | USD to ZMW 26.45 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1831.97 Down -0.38% | Casablanca Stock Exchange (CSE) MASI 14246.86 Up +0.44% | 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$ 2 622.23/OZ UP +1.35% | Copper US$ 4.31/lb DOWN -0.0032 | Zinc US$ 2 884.80/T DOWN -0.23% | Brent Crude Oil US$ 74.74/BBP DOWN -0.0019 | Platinum US$ 976.09/OZ DOWN -0.0067