The Namibian government is in the process of finalising its cybercrime related legislation which includes the draft Cybercrime Bill and the draft Data Protection Bill, Leonie Dunn, Deputy Governor of the Bank of Namibia has said. Dunn who was speaking at the launch of the Cyber Security Industry Council lastContinue Reading
By Phillipus Shilongo As of 1 January 2023, Namibia will join 185 countries in the world, who provide mandatory SIM Registration. In preparation for the commencement of the registration process, the Communications Regulatory Authority of Namibia (CRAN) launched the National SIM Registration Awareness Campaign from 7 June 2022 to 31Continue Reading
It is not possible for a Minister to simply increase the Total Allowable Catch (TAC) outside or in contradiction to the scientific advice provided by Marine Resources Council (MRAC) despite calls by the industry to do so, fisheries and marine resource minister, Derek Klazen has said adding that doing soContinue Reading
Capital injections for the third quarter of 2022 into B2 Gold’s Otjikoto gold mine totalled US$20 million (about N$347 million), the miner said last week while releasing its operational and financial results for the third quarter of 2022. This expenditure primarily consisted of N$139 million for Wolfshag underground mine development,Continue Reading
Hydrogen power plant and fuel cell company Hydrogène de France (HDF Energy) and development finance institution the European Investment Bank (EIB) have formalised their partnership to develop a green hydrogen power plant in Swakopmund, Namibia. “The signing of the agreement is a key step in our longstanding engagement with theContinue Reading
Development Bank of Namibia (DBN) has announced the approval and implementation of a Business Rescue Programme for qualifying businesses financed by the Bank as a possible alternative to liquidation. The programme takes the form of partial conversion of debt into various types of preference shares to be held by theContinue Reading
Through appropriate management and allocation of oil, gas, and green hydrogen revenues, our country can promote economic diversification and thus build the basis for higher and stable growth, Bank of Namibia Governor, Johannes Gawaxab has said. Gawaxab was speaking at the central bank’s annual symposium held last week which wasContinue Reading
A rising public wage bill acerbated by recent N$1.2 billion salary increments has forced government to seek containment measures and announce a recruitment freeze for the remainder of this financial year. In his midterm budget presentation last week, Finance Minister Iipumbu Shiimi highlighted that in light of the wage billContinue Reading
The ministry of mines and energy (MME) has explained Namibia’s electricity imports dilemma which has seen the country importing 50-70% of its electricity annually. Executive Director in the ministry, Simeon Negumbo speaking on behalf of mines and energy minister, Tom Alweendo at the inauguration of Osona Village’s electricity upgrade fromContinue Reading
This week, the Mayor of City of Windhoek, Cllr. Sade Gawanas and the Ambassador of the EU Delegation to Namibia, Sinikka Antila officiated the construction of two waste buy back centres in Katutura, as part of EU-funded project to improve solid waste management in the City of Windhoek. The “ImprovingContinue Reading
