馃嚦馃嚘NamibiaSouthern Africa
Chenoult Lionel Coetzee wins Addis Ababa Grand Prix long jump with 7.89m
via The Namibian2 min read
Namibian long jump champion Chenoult Lionel Coetzee secured victory at the Addis Ababa Grand Prix, achieving a jump of 7.89m. This performance places him in strong form ahead of the upcoming national championships. Ethiopia's Buli Melaku finished second with 7.75m, while Morocco's Marouane Kacimi took third with 7.66m. Coetzee, an Africa Championship silver medalist, holds a national record of 8.27m and aims for the Commonwealth Games, having already met the qualification standard for the African Championships. He expressed his goal to win a gold medal at the African Championships this year. The Addis Ababa Grand Prix, the first international athletics competition of its kind in Ethiopia, has been awarded bronze status by World Athletics and is seen as a step towards boosting Ethiopia's sport tourism and international reputation.
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Windhoek, Namibia's capital, is experiencing significant pressure on its housing market due to rapid urbanization, population growth, and a limited housing supply. The shortage is particularly acute in the residential rental market, where demand for affordable and middle-income housing far exceeds availability. This has led to increased competition among tenants and rising rental prices, making housing less affordable for many Namibians. Challenges include limited serviced land, high development costs, and slow expansion of housing. An example is the Otjomuise Extension 10 Mass Housing Development Project, where 362 units remained unoccupied due to delays and disputes, highlighting issues with traditional government-led housing models. A potential solution lies in developing a stronger market for residential-real estate investment trusts R-reits. R-reits pool capital from investors to fund income-generating real estate assets, offering a way to expand housing supply and create investment opportunities. While Reits are established globally, Namibia's market is underdeveloped and primarily focused on commercial properties. Expanding into residential-focused R-reits could mobilize capital from institutional investors, pension funds, and private investors for rental housing development. South Africa's Reit market, one of Africa's largest, demonstrates how a well-regulated framework can support property market development. Namibia currently has only two listed Reits, presenting an
Paratus Namibia is providing satellite internet to the Desert Lion Conservation Trust's DLCT research station at M枚we Bay, located in the Skeleton Coast area, to aid in monitoring Namibia's desert-adapted lions. The DLCT has been tracking these lions in north-western Namibia for two decades, with fewer than 100 believed to remain. These lions traverse extensive areas, including communal farming land, occasionally leading to conflicts with people and livestock. The trust collaborates with the Ministry of Environment and Tourism and local partners to mitigate these conflicts and safeguard both the lions and farming communities. The satellite connection at M枚we Bay enables researchers to communicate with field teams, share information, and coordinate conservation efforts. At the base camp, researchers process tracking data from collared lions and maintain contact with lion rangers in areas like Purros and Sesfontein. The tracking system issues alerts when collared lions enter areas where they might encounter livestock, allowing rangers to respond swiftly and prevent conflict. Paratus Group chief development officer Barney Harmse stated that this initiative is about enabling conservation and ensuring the DLCT's work remains vital and effective. DLCT founder Flip Stander emphasized the importance of reliable communication for researchers working in remote areas, stating it allows for coordinated work, effective data management, and support for rangers.
Must ReadThe Namibian government, through the new entity Namibia Air, intends to purchase seven aircraft valued at N$594 million for its planned launch by late 2026. This new airline is set to replace the liquidated Air Namibia, which ceased operations in March 2021. Namibia Air has applied for licenses to operate scheduled and charter flights domestically, across Africa, and internationally. The airline projects a market size of 800,000 round-trip passengers on its domestic and regional routes. To serve this market, the plan includes acquiring four Embraer ERJ 145 jets at an estimated US$3 million each and three Embraer E170 / E175 jets at an estimated US$8 million each. Minister of Works and Transport Veikko Nekundi previously stated that a decision on whether to buy or lease aircraft would be made after an economic analysis. Former Air Namibia employees may be considered for employment at Namibia Air if they possess the necessary skills and experience. Proposed scheduled services include routes connecting Windhoek to domestic hubs like Ondangwa, L眉deritz, and Walvis Bay, as well as regional cities such as Johannesburg, Cape Town, and Luanda. The airline will implement dynamic pricing and revenue management. Air Namibia was liquidated due to N$714 million owed to the Namibia Airports Company and accumulated losses exceeding N$10 billion over a decade, leading to significant job losses. Efforts to establish a new national carrier since then, including discussions with Fly Etosha and