Following renewed efforts to strengthen bilateral relations, the Bank of Namibia (BoN) and Banco Nacional de Angola (BNA) signed a Memorandum of Agreement to formalize technical collaboration and partnership between the two institutions. The Agreement has been hailed by the Governor of the Bank of Namibia, Johannes !Gawaxab, and hisContinue Reading
…as 75% environmental clearance certificates are issued A total of 1600 applications for environmental clearances were received in 2022, and over 75% environmental clearance certificates were issued, especially for activities related to hazardous substances, infrastructure development, land rezoning and mining, minister of environment, forestry and tourism Pohamba Shifeta has said.Continue Reading
Government’s aim to reduce greenhouse gas emission by 91% by 2030 will cost around N$112.3 billion of which N$65.2 billion is for mitigation measures and N$47.1 billion is for adaptation targets, minister of environment, forestry and tourism Pohamba Shifeta has said. In terms of limiting greenhouse gas emissions, government hasContinue Reading
A new and emerging Namibian airline, Fly Etosha Airways is set to start flying around mid-year, its founder and Accountable Manager, William Ekandjo said exclusively told Business Express. In an interview, Ekandjo expressed that the aviation industry requires certain processes to be done and regulation met before an airline takesContinue Reading
Once enacted, an anticipated new business sector law will seek to foster transparency and a culture of sound corporate governance while further allowing for the use and application of new technologies to ease transactions and enhance the ease of foreign direct investment for economic growth. This was revealed last weekContinue Reading
President Hage Geingob has charged all Ministers to ensure that they implement to the letter, projects under their portfolios, which are contained in the NDP5 and HPPII without delay. Opening the first Cabinet seating of year last week, Geingob made this call to Ministers while also admitting that much workContinue Reading
The Deputy Director for Compliance of the Financial Intelligence Centre, Kristian Hamutenya says Namibia is making steady progress in addressing findings related to its Anti-Money Laundering and Combatting the Financing of Terrorism and Proliferation Framework (AML/CFT/CPF) in order to maintain integrity of the financial system. Namibia underwent a second peerContinue Reading
The African Energy Chamber supports this year’s edition of the Namibia International Energy Conference orgarnised by RichAfrica Consultancy, as the event provides a gateway for Namibia to maximize foreign direct investments and partnerships with global partners to accelerate energy developments and exploitation. The African Energy Chamber (AEC) – the voiceContinue Reading
The National Housing Enterprise (NHE) today handed-over 60 houses under a pilot project and smart partnership between them, the Ministry, Khomas Regional Council and the City of Windhoek. Launched around August 2020, the informal settlement upgrading programme has delivered over 570 houses constructed by both the NHE and City ofContinue Reading
Nearly 229 000 Namibian household borrowers owed micro-lenders – also known as lcash loans – a staggering N$7.1 billion with new borrowers increasing on an annual basis by 5.5% to at least 156 000 borrowers at the end of the third quarter of 2022, a report released by the Namibia Financial InstitutionsContinue Reading
