By Fanuel Shinedima As Namibia stands on the brink of a new era in energy development, it is crucial to understand the concept of an energy mix and its significance for our nation’s future. An energy mix refers to the combination of different energy sources used to meet a country’sContinue Reading
The Bank of Namibia has announced the coming into force of the Determination on Policy Changes in Response to Economic and Financial Stability Challenges as a Result of the State of Emergency over the Persistent Drought in Namibia (BID-39) on 23 October 2024. The Determination was issued following the declarationContinue Reading
October marked a proud moment for 20-year-old Mandume Hasheni, who took ownership of the grand prize of a fully furnished food trailer worth N$130 000 after winning the 2024 Nedbank Kapana Cook-off Competition, held 2 months ago. This Namibia University of Science and Technology (NUST) student, who impressed judges withContinue Reading
By Hanks Saisai Establishing a successful and profitable poultry enterprise relies on three crucial components. These include the type and quality of feed provided to the birds, the production system used to rear the birds and finally, the housing that accommodates the birds over the prescribed production cycle. When intendingContinue Reading
Thousands of Oktoberfest revellers from all walks of life came together to experience the thrilling 64th edition of Namibia Breweries Windhoek Oktoberfest this year held at the Sport Klub Windhoek from Friday, 25th to Saturday 26th of October 2024. The diverse and colourfully dressed festival goers not only enjoyed theContinue Reading
By Dr. John Steytler Not too long ago, I wrote an article about ‘losing the game but winning the match.’ The article received much positive feedback, especially about my willingness to engage on the topic of not always winning. I had written the piece in my personal capacity. I foundContinue Reading
With silver prices rising, Golden Deeps has managed to eke out a maiden silver equivalent resource at its Khusib Springs silver-copper project in Namibia by recalculating existing drill holes using silver as the lead metal. Khusib Springs was thought to be principally a copper project, however the recent ramp-up inContinue Reading
Having generally taken stakes of only up to 10% in the first wave of upstream oil exploration projects, Namibia, through the National Petroleum Corporation of Namibia (NAMCOR), is now looking to increase its stake to possibly 20 or even 30% in the near future, Business Express understands. This comes atContinue Reading
Household mortgage loan growth between January and August 2024 paints a gloomy picture, with a contraction of -2.9%, indicating that elevated debt levels and constrained disposable incomes continue to weigh heavily on consumers’ ability to respond to lower interest rates. According to Simonis Storm, while the reduction in borrowing costsContinue Reading
Solarcentury Africa Limited and its local partner, Sino Energy (Pty) Limited, have announced the successful financial close of a pioneering 20 MWp solar photovoltaic (PV) plant in Namibia. This project will be the first fully merchant independent power producer in the region, trading all its renewable energy on the SouthernContinue Reading
