Namibia and five other African countries this week formally launched the Africa Green Hydrogen Alliance, with the aim to make the continent a frontrunner in the race to develop green hydrogen, to accelerate the transition away from a reliance on fossil fuels and to shift to new energy technologies thatContinue Reading
PRESIDENT HAGE GEINGOB will this week lead a strong but lean delegation consisting of Ministers, senior government officials and private sector representatives to the World Economic Forum (WEF) Annual Meeting scheduled to take place from 22 – 26 May 2022 in DavosKlosters, Switzerland, under the theme “History at a TurningContinue Reading
ASX-, NSX- and OTCQB-listed Bannerman Energy has struck a deal to acquire 41.8% shareholding in TSX-V-listed critical minerals explorer Namibia Critical Metals Inc (NMI). NMI’s flagship asset is the 95%-owned, advanced and fully permitted Lofdal heavy rare earths project in Namibia, which is the subject of an earn-in agreement withContinue Reading
The Bank of Namibia has announced the appointment of Herman Shilongo as a Board Member of the Namibia Deposit Guarantee Authority for a period of five years while Florette Nakusera will head the administration of the Authority. The appointment of Shilongo as a Board Member by the Bank of NamibiaContinue Reading
On 25 June 2022, Nicolette Mashile, renowned South African broadcaster, and best-selling author of “What’s your move”, will be headlining the 12th Old Mutual Namibia Women’s Summit taking place in Swakopmund. This year’s theme will be “Securing your Financial Future.” Over the years, Mashile has become well-known for speaking onContinue Reading
The past two years have put into sharp focus the need to build economies that are resilient to shocks such as those brought about by global pandemics. Part of building resilient economies is ensuring that they are well diversified not only in terms sources of growth, but also employment, tradeContinue Reading
MINISTER of Agriculture, Water and Land Reform, Calle Schlettwein has dismissed an approach by the Agronomic Producers Association proposing the utilization of existing Green Scheme Irrigation Projects in the north to produce wheat in the 2022 production season. In a statement this week, Schlettwein said that during the preliminary discussionsContinue Reading
The president of the official opposition Popular Democratic Movement (PDM), McHenry Venaani has called for political dialogue following the Chinatown that transpired last resulting in the arrest of NEFF commissariat for economic emancipation, Michael Amushelelo. In a statement over the weekend, Venaani said there was a very strong argument thatContinue Reading
THE recently unveiled Welwitschia Fund that commenced with money estimated around N$300 million will derive its funding from multiple sources, President Hage Geingob has said. The funding sources for the sovereign wealth fund, are comprised of a combination of streams, including a portion of royalties collected from the sale ofContinue Reading
BANK of Namibia governor, Johannes Gawaxab has said that the central bank undertakes to execute its statutory mandate and is strongly committed to managing the Welwitschia Fund in line with the Bank of Namibia Act (1) of 2020 section 4 which expands on the holding and managing of the foreignContinue Reading
