Author: Nghiinomenwa-vali Erastus
Around 40KM of Rail Line to be Constructed Every Year
By: Nghiinomenwa-vali Hangala The Ministry of Works and Transport has revealed that it will construct more than 40 KM of railway line every year for the next 5 years. This will translate into a new 250 KM…
Govt to Ditch Foreign Market for N$7.1 billion in Financing
By: Nghiinomenwa-vali Hangala The Ministry of Finance has decided to borrow almost all of its budget shortfall from the domestic market. Of the N$29.2 billion financing requirement, N$27.3 billion will be sourced from the domestic market, according…
Angola’s Kwanza Now a Settlement Currency in SADC…Botswana Pula is next
By: Nghiinomenwa-vali Hangala The Angolan kwanza has become the second settlement currency to be introduced in the SADC real-time gross settlement (SADC-RTGS) system, which has settled transactions exclusively in South African rand since its inception in 2013. The South African…
BOSIET Certificate Not a Qualification
By: Nghiinomenwa-vali Hangala Young people aspiring to join the offshore petroleum industry have been warned that obtaining a Basic Offshore Safety Induction and Emergency Training (BOSIET) certificate is not a qualification for employment in the oil and gas sector….
Etango Mine Being Developed by 560 Personnel Across 4 Local Contractors
By: Nghiinomenwa-vali Hangala There are more than 560 contractor workforces from four Namibian contractors currently developing earthworks, civil construction, aggregate production and infrastructure work for the Etango Uranium Mine. This was revealed in the Bannerman Energy Quarterly report for…
Langer Heinrich Mine Completes Ramp-up
By: Nghiinomenwa-vali Hangala The Langer Heinrich Uranium Mine has announced that it has completed its production ramp-up phase, exceeding its FY2026 projected production, sales and cost of production targets. Last quarter which ended on 30 June,…
Venus Well Development and Operation Investment Estimated at US$18bn …over US$2 billion will be spent locally
By: Nghiinomenwa-vali Hangala The Venus well project, which is on the cusp of its Financial Investment Decision (FID), is estimated to require capital development/investment of over US$11 billion in the development phase. If developed, it will further require…
Africa FDIs Mostly Seek Minerals and Hydrocarbons
By: Nghiinomenwa-vali Hangala An analysis of foreign direct investment flows in 2025 shows that they mainly flowed to the extraction of minerals, hydrocarbons, energy infrastructure, and a few selected manufacturing activities. The 2026 World Investment Report broke…
36 KM Naute–Keetmanshoop Water Pipeline Upgrade Begins
By: Nghiinomenwa-vali Hangala Adaptive Building Land Construction CC, in joint venture with China State Engineering Corporation (Southern Africa), will upgrade the 36 Kilometre Naute–Keetmanshoop water pipeline for the next 18 months. This was revealed during the Groundbreaking…
Commercial Utilisation of Neckartal Dam Not Yet in Sight
By: Nghiinomenwa-vali Hangala The Ministry of Agriculture, Water, Fisheries and Land Reforms has told the Parliamentary Committee that a lack of finances has prevented them from buying land to develop the Neckartal Dam Irrigation Project. The…