Rural and urban development minister Erastus Uutoni has called on financial institutions to come on board and assist in the City of Windhoek’s plan to electrify approximately 4,000 households in the next 5 years. This requires funding of N$15-20 million per annum. “Electrification is essential to the well-being of ourContinue Reading
Dandemutande Investments Pvt (Ltd), through its subsidiary Utande Internet Services Botswana, has acquired a significant equity stake in Africa Online Namibia. As a new shareholder, Utande Internet Services will provide a notable boost to Africa Online’s growth, products, and service capabilities. Utande Internet Services is a premier ICT solutions partnerContinue Reading
…trend may reflect economic caution by property owners August 2024 saw an increase in the number of completed building projects within the City of Windhoek, surpassing both July 2024 and August 2023, but despite this rise in construction activity, the overall value of these completed projects experienced a sharp decline.Continue Reading
Hangana Seafood, a subsidiary of the Ohlthaver & List (O&L) Group, has announced the conclusion of its wage negotiations with the Workers’ Council. This marks the first time these negotiations have been conducted with representation from a Workers’ Council, a significant shift from previous years when a union led theContinue Reading
Perth-based critical minerals developer Lepidico has secured access to a key public road in Namibia, essential for reaching its exploration tenement, following a ruling by the High Court of Namibia. The court ruled in Lepidico’s favor, dismissing objections from Ombujomenge Close Corporation and three associated individuals. “We are pleased toContinue Reading
Star Minerals has leapt at the chance to buy up to an 85 per cent stake in the Cobra uranium project in Namibia from Canadian-listed Madison Metals, in a strategic pivot into the heavy metal’s booming sector. The farm-in and joint venture (JV) agreement for the project that lies inContinue Reading
By Uatavi Mbai Healthcare is a fundamental right enshrined in the Namibian Constitution, playing a crucial role in the well-being of our nation. While the Namibian government ensures access to healthcare through public services and facilities, these efforts are supplemented by the private healthcare industry, which involves multiple stakeholders workingContinue Reading
The Namibia Youth Energy Forum (NYEF), the leading platform for young Namibians in the energy sector, has announced the launch of its Green Hydrogen Masterclass Roadshow, supported by GIZ Namibia. This initiative aims to bring valuable education and engagement on green hydrogen technology to youth across northern Namibia. The roadshowContinue Reading
In a country where home ownership remains a distant dream for many, 20Twenty Financial Services is stepping up to change the narrative with a N$5 billion scheme that reduces the cost of owning a house in terms of interest paid to enable more Namibians to be homeowners and to liveContinue Reading
ExxonMobil has withdrawn from the race to buy half of Galp Energia’s stake in a large oil discovery in Namibia that has attracted interest from top energy companies, sources with knowledge of the matter say. More than 12 oil companies including Exxon, Shell and Brazil’s national oil company Petrobras hadContinue Reading
