Broll Namibia, a proud subsidiary of the Ohlthaver & List (O&L) Group, has announced the successful conclusion of wage negotiations with the Workers Council, resulting in a two-year substantive agreement effective from 1 July 2024 to 30 June 2026. This agreement underscores Broll Namibia’s commitment to achieving the goals setContinue Reading
By Dr. John Steytler Recently, I heard snippets of a commencement speech that the legendary tennis player, Roger Federer, gave to the graduates at Dartmouth University, USA. Anything Roger has to say should be listened to; he is, after all, one of the greatest tennis players of all time. ApartContinue Reading
With more than 600 million people across Africa lacking access to electricity, the International Energy Agency (IEA) estimates that Africa will need to double its electricity generation capacity by 2040 to meet growing demand. The African continent has been identified as a prime source for renewable energy exports to regionsContinue Reading
The inaugural Global African Hydrogen Summit, themed From Ambition To Action: Fuelling Africa’s Green Industrial Revolution, will take place from 3 – 5 September 2024 in Windhoek, Namibia, and will focus on the role Africa expects to play in the global hydrogen economy. A recent report co-authored by McKinsey &Continue Reading
Namport is set to double the Luderitz port’s cargo handling capacity from three to six million tonnes a year in the first phase of its expansion project to support investments in green energy, oil and gas. This was recently revealed by Namport port engineer Elzevir Gelderbloem who further highlighted theContinue Reading
Industrialisation and Trade Minister, Lucia Iipumbu has defended Hyphen Hydrogen as the preferred bidder of Namibia’s N$190 billion EU-backed green hydrogen deal amid criticism of the tender process and of Hyphen’s CEO. Further, the financial structure of the deal, through tax havens, has raised concerns over Namibia’s ability to levyContinue Reading
India approved the export of 1,000 metric tonnes of non-basmati white rice to Namibia through National Cooperative Exports Ltd. As of July 20, 2023, exports of non-basmati white rice had been banned to bolster domestic supply. However, the government may grant export permissions to specific countries upon request to helpContinue Reading
Agriculture minister Calle Schlettwein has said that not even the capital, Windhoek will be safe from a devastating drought if rains do not come by October. He adds that if this was to happen, “there could be disaster”. Already one of the driest places in the world, the lack ofContinue Reading
The Youth in Oil and Gas Summit, held at the Naraville Community Hall on July 27th, marked a significant milestone in the Namibian oil and gas sector. This pioneering event brought together industry leaders, experts, and enthusiastic youth to foster career guidance, skills development, and networking opportunities in the dynamicContinue Reading
Household credit uptake in June 2024 increased to 2.7% y/y, up from 2.2% y/y in the previous two consecutive months. According to Simonis Storm, this represents the highest household credit growth in 2024, though it remains below 2023 levels. “All categories within the household sector saw growth in June 2024,Continue Reading
