Browsing: Livestock

• The annual inflation rate for February 2023 increased by 7.2 per cent compared to 4.5 per cent recorded in February 2022.
• On a monthly basis, inflation rate increased to 0.4 per cent compared to 1.1 per cent registered in the earlier month.
• Load-shedding in South Africa is preventing farmers from buying livestock from Namibia.  

In February, the cost of goods and services increased more sharply and the outlook does not appear promising, particularly regarding food, which saw a 14 per cent hike. The Namibian Statistics Agency disclosed inflation figures for February yesterday, with the month displaying a 7.2 per cent rate, one percentage point higher than January’s inflation rate.

This 7.2 per cent is taking the country back to August 2022 when inflation reached a peak of 7.3 per cent. While most goods and services’ prices have increased overall, service inflation continues to weigh on headline inflation, rising at a …

Kenya has a meat deficit of 300,000 metric tonnes annually shortage making it hard to satisfy the country’s meat demands…

In the latest may statistics released by the Meat Board of Namibia, show that the country has exported more live animals than it has slaughtered for value addition and export bearing in mind that Agriculture is one of Namibia’s most important sectors.

The majority of Namibia’s population is dependent directly or indirectly on the agricultural sector for their livelihoods.  Agriculture’s contribution to GDP (excluding fishing) over the last five years has been just over four percent. Livestock farming contributes to approximately two-thirds of agricultural production, with crop farming and forestry making up the remaining third of production.  Meat processing (which the Namibian government accounts for under manufacturing) contributes to another 0.2 – 0.4 percent of GDP.

The export of live animals (mostly cattle and sheep) has historically contributed to about two-thirds of agricultural exports by value.

During the period under review, statistics showed that the country exported 45 623 live …