This year’s edition of African Energy Week (AEW) 2022 will feature an Invest in Namibia side event, a forum dedicated to emerging investment opportunities across the Namibian energy landscape. Representing one of Africa’s emerging oil and gas producers as well as upcoming green hydrogen giant, Namibia’s energy landscape is ripeContinue Reading
Financially troubled Trevali Mining has suspended operations at its Caribou mine, in Canada, and placed the expansion of its Rosh Pinah mine, in Namibia, on hold, as the miner filed for protection from its creditors. Trevali was on Friday granted an initial order for protection from the British Columbia SupremeContinue Reading
…takes Omaruru electrification tally to 815 houses Erongo RED has connected 107 houses at the Kapekaha informal settlement located at the outskirts of Ozondje suburb in Omaruru. Erongo RED has electrified over 815 houses in Omaruru alone compared to other areas in the region. Benitha Imbamba who represented the GovernorContinue Reading
Telecom Namibia is ready and has commenced with the prepaid SIM card registration process. As of Friday the 19th of August 2022, registrations will be done at all Teleshops nationwide or any registered reseller of Telecom Namibia. The Minister of Information and Communication Technology in terms of Part 6 ofContinue Reading
The new Brazilian Ambassador to Namibia, Vivian Loss Sanmartin paid a courtesy call to Namport last Friday as a result of her roadmap focusing on maritime, agricultural and industrial cooperation between Namibia and Brazil. The visit was also to further strengthen the strategic partnership between the two countries and theirContinue Reading
Namfisa Deputy CEO: Prudential Supervision, Erna Motinga has said that the regulatory body is moving towards finalising the Fintech regulatory sandbox that would drive financial inclusion and innovation while at the same time, helping to mitigate some of the risks emerging in the financial space. Motinga, who was speaking atContinue Reading
The recently launched Namibia Aviation and Connectivity Forum has installed working groups made of technocrats tasked with the responsibility of researching, consulting and deliberating on pressing issues in the aviation industry with a view to develop industry recommendations. The working groups identified will tackle regulatory reforms, training and skills development,Continue Reading
As at the 31st of July 2022, the stock of international reserves stood at N$49.2 billion compared to N$43.9 billion at the end of May 2022, the Bank of Namibia has said. The Bank noted that the increase in international reserves was mainly due to SACU receipts, diamond proceeds andContinue Reading
Deputy minister of industrialisation and trade, Verna Sinimbo has highlighted that it is imperative for Namibian business communities to prepare and take full advantage of the benefits offered under the African Continental Free Trade Area (AfCFTA). Sinimbo who last week was speaking during the awareness campaign of the AfCFTA notedContinue Reading
…emphasises the importance of mutually beneficial deals Mines and Energy minister, Tom Alweendo has told potential Green Hydrogen (GH2) investors that while Namibia would be a committed partner, envisaged investments have to be mutually beneficial to both them as investors and Namibia as the host country. Alweendo was speaking atContinue Reading
