…takes Omaruru electrification tally to 815 houses Erongo RED has connected 107 houses at the Kapekaha informal settlement located at the outskirts of Ozondje suburb in Omaruru. Erongo RED has electrified over 815 houses in Omaruru alone compared to other areas in the region. Benitha Imbamba who represented the GovernorContinue Reading
The recently launched Namibia Aviation and Connectivity Forum has installed working groups made of technocrats tasked with the responsibility of researching, consulting and deliberating on pressing issues in the aviation industry with a view to develop industry recommendations. The working groups identified will tackle regulatory reforms, training and skills development,Continue Reading
As at the 31st of July 2022, the stock of international reserves stood at N$49.2 billion compared to N$43.9 billion at the end of May 2022, the Bank of Namibia has said. The Bank noted that the increase in international reserves was mainly due to SACU receipts, diamond proceeds andContinue Reading
…emphasises the importance of mutually beneficial deals Mines and Energy minister, Tom Alweendo has told potential Green Hydrogen (GH2) investors that while Namibia would be a committed partner, envisaged investments have to be mutually beneficial to both them as investors and Namibia as the host country. Alweendo was speaking atContinue Reading
The final award ceremony and Pitch Night for the Old Mutual Sustainable, Economic & Empowerment Drive (OM SEED) initiative in Oshakati created some memorable moments as this concluded the OM SEED initiative for 2022. Three entrepreneurs from Oshakati won their share of N$85 000, and showcased the determination and driveContinue Reading
In line with Letshego’s purpose to improve lives, the pan-African inclusive finance Group is now launching its latest flagship product, Affordable Housing. The product is available to customers in Namibia and Botswana, with rollout plans to the Group’s remaining pan-African countries. Citizens across Africa, and many global emerging markets, struggleContinue Reading
Uranium developer Bannerman Energy has completed the acquisition of a 41.8% shareholding in TSX-V listed critical minerals explorer Namibia Critical Metals Inc (NMI). The company in May unveiled the N$83 million in cash and 846 337 Bannerman shares, post a share consolidation, transaction, which would give Bannerman access to NMI’sContinue Reading
The Capricorn Group last week hosted a thought-provoking public information session under their Inspire banner. The Inspire session, which took place at the Hilton Hotel, was themed ‘The Future of Finance: mega-trends that will shape the financial landscape,’ in the hope of stirring up conversations around how financial experiences haveContinue Reading
City of Windhoek mayor, Sade Gawanas has acknowledged that City’s financial woes are being compounded by a huge salary bill and thus has highlighted that the City is looking at ways in which it can reduce it to acceptable parameters. Gawanas also acknowledged that the salaries are above market salariesContinue Reading
…sector also employs over 6000 people in rural areas Namibia’s wildlife population generates Euro 13.6 million (about N$227 million) in annual hunting revenues and employs over 6,000 people in rural areas, minister of environment, forestry and tourism, Pohamba Shifeta has said. Shifeta highlighted that Namibia’s wildlife also contribute to foodContinue Reading
