The FirstRand Namibia Foundation yesterday handed over N$2.8 million to various educational initiatives across the 14 regions of Namibia. Speaking at a handover ceremony held at Mercure hotel (former Safari hotel), FirstRand Foundation Board Chairperson Clara Bohitile highlighted the Foundation’s commitment to improving the provision of education to Namibian children.Continue Reading
French energy company, Hydrogène de France (HDF Energy) has reached a further step in the development of Zimbabwe’s first high-powered green hydrogen power plant, following the signing of a memorandum of understanding (MOU) with Zimbabwe’s state electricity utility, Zimbabwe Electricity Transmission and Distribution Company (ZETDC), last week. The parties signedContinue Reading
With the rise of ride-hailing apps, illegal passenger transport operators have become a growing problem in Namibia. Many of these operators are unlicensed, unregulated, and they pose a serious risk to both passengers and the wider public. The problem of illegal passenger transport operators has been brought to the forefrontContinue Reading
Sidney Hanstein, Chairperson of Team Namibia, and Charmaine Matheus, Namibia Tourism Board (NTB) Head of Marketing, on behalf of the NTB recently signed a memorandum of understanding (MoU) which, in essence, will lead to greater co-operation and teamwork between the two entities. Hanstein expressed his excitement about the MoU andContinue Reading
The first cohort of FirstJob Interns are set to enter the job market after they recently concluded a 12 month long on-the-job intensive training with FirstRand Namibia Group. Speaking at a farewell event held in their honour, FirstRand Namibia Group Chief Human Capital Officer, Isdor Angula said “as a leadingContinue Reading
The Development Bank of Namibia is seeking relief of at least N$26 million in a matter in which it has sued Growmax Agri- Fertilizer (Pty) Ltd, an agri-outfit that is owned by Profile Investments Holdings for breaching their property finance agreement. The finance obtained from the Bank is believed toContinue Reading
Andrada mining’s cash and cash equivalent balance on 28 February 2023 was US$10.3 million (nearly N$200 million) which the company says provides sufficient capital to execute its near-term capital commitments for its lithium pilot facility and tantalum circuit, whilst in the interim the various conditions precedent for the additional financingContinue Reading
Research firm, Simonis Storm has said that while the firm is aware of major housing expansion projects in various towns at the coast and the South of Namibia such as Luderitz and Oranjemund, these will take time to benefit local construction companies. In a report last week, the firm acknowledgedContinue Reading
The recently launched Integrated Business Strategic Plan (IBSP) for the period 01 April 2023 to 31 March 2026 by the Communications Regulatory Authority of Namibia (CRAN) aims to improve service provision to customers and address the affordability of ICT services in the sector. Launched in line with the provisions ofContinue Reading
Mine and Energy minister, Tom Alweendo has called for responsible use of revenue generated from the country’s diamond resources cognisant that the available diamonds will on day run out. Speaking at Debmarine Namibia’s annual stakeholder engagement, Alweendo highlighted that mining as a major contributor to the Namibian economy, stands atContinue Reading
