In: ECONOMY, NEWS

Namibia’s Electricity Control Board (ECB), NamPower and the Southern African Power Pool (SAPP) have issued a joint guide to support Independent Power Producers (IPPs) in accessing the national and regional energy trading market. The “SAPP and MSB Market Access Guide” [https://www.ecb.org.na/wp-content/uploads/2023/08/SAPP_MSB_Market_Access_Guide.pdf] was launched today with support from the European programmeContinue Reading

In: MARKETS, NEWS

By Ndangi Katoma Funeral insurance is a financial product designed to ease the burden of funeral costs for individuals and their families. Despite its practical benefits, there are numerous myths and misconceptions that surround funeral insurance. These misunderstandings can deter people from considering this valuable option. In this article, weContinue Reading

In: MARKETS, NEWS

Namibia’s Nation Brand Working Committee, chaired by the Deputy Minister of Information and Communications Technology, Emma Theofelus has resolved to appoint an independent consultant to develop the nation brand strategy for Namibia, with the ultimate objective to enhance the country’s global presence. The Namibia Investment Promotion and Development Board (NIPDB),Continue Reading

In: COMPANIES, NEWS

After an arduous two-year period of negotiations and unresolved conflict, Hangana Abalone (Pty) Ltd and the Namibian Food and Allied Workers Union (NAFAU) have come to a historic resolution. The hard-fought agreement, signed on August 23, 2023, marks a significant turning point in the relationship between the company and theContinue Reading

In: ECONOMY, NEWS

A Southern African Development Community (SADC) backed natural gas infrastructure plan to bolster energy supplies allocates over N$45 billion ($2.5 billion) of the envisaged total of investment of N$320 billion ($17 billion) to Namibia, Business Express understands. SADC endorsed the 15-year plan to coordinate resources, it said last week afterContinue Reading

In: MARKETS, NEWS

TSX-V-listed Deep-South Resources has announced a private placement of 30-million units at a price of C$0.065 apiece, for gross proceeds of up to C$2-million (about N$27 million). Each unit will be comprised of one common Deep-South share and one-half of one common share purchase warrant. In turn, each warrant entitlesContinue Reading