…Fuel station owners threaten to shut fuel pumps The Fuel and Franchise Association (FAFA) of Namibia, in a meeting with its members and various stakeholders has threatened a seven-day nationwide shutdown of fuel stations, should their final offer to the Ministry of Mines and Energy not be met. Fuel stationContinue Reading
Members of the Namibian Transport and Taxi Union (NTTU) are planning to strike in Windhoek on 26 July. Unionists are demanding a 40% fare increase, saying taxi prices have not been adjusted for at least two years despite rising fuel prices, maintenance costs and other expenses. The threat also comesContinue Reading
Once Equiano becomes fully operational in fourth quarter this year, it is expected to deliver up to 20 times more capacity than was previously available in Namibia. According to a recent economic impact assessment, conducted by Africa Practice and Genesis Analytics, and commissioned by Google, Equiano’s arrival in Namibia isContinue Reading
The Southern African Development Community (SADC) Joint Sector Ministerial Dialogue on job creation was held in Lilongwe, Republic of Malawi, from 8th to 9th July 2022 to promote joint sector coordination for job creation through coherent and harmonised action on employment and productivity across macro-economic and sectoral policies and strategies.Continue Reading
Given the smelter’s performance in the first six months of the year, Dundee Precious Metals Tsumeb is reviewing its 2022 guidance, as complex concentrate smelted is expected to be lower than the current range with cash cost per tonne smelted expected to increase as a result of the lower production.Continue Reading
The development of the hydrogen economy in Africa will support effective broad global decarbonisation, allowing countries to meet their climate goals and create sustainable economic growth for African countries and the rest of the world. This is according to Jackwell Feris, director at commercial law firm Cliffe Dekker Hofmeyr (CDH).Continue Reading
By Bank Windhoek’s Head of Digital, Data and Customer Transformation, Ryan Geyser. There is a concern that financial institutions, in general, are forcing innovation on customers and are not being mindful of the needs of all Namibians. This discourse attempts to demystify common misconceptions regarding banking innovation. Myths of digitalContinue Reading
The Spar Group Limited has lodged an application with the High Court in which it claims that Insignia Retail (Pty) Limited trading as Rehoboth Build It has defaulted in their supply agreement and is now indebted to the Group to the tune of N$92 million which it must pay. TheContinue Reading
The Ministry of Industrialisation and Trade (MIT) is currently finalising an Informal Economy, StartUps and Entrepreneurship National Policy to cover the informal sections of entrepreneurs as well as youthful start-ups and general entrepreneurship. This was said by the Minister of Trade and Industrialisation Lucia Ipumbu last week further highlighting thatContinue Reading
The European Union is planning a deal with Namibia to support the country’s nascent green hydrogen sector and boost its own imports of the fuel, EU and Namibian officials said, as the bloc works to reduce its dependence on Russian energy. Hydrogen has long been touted as a clean alternativeContinue Reading
