Author: Nghiinomenwa-vali Erastus
Southern African Bank to Fund Lobito Railway Corridor…initiative to challenge Namibia’s ambition to become Africa’s gateway
By: Nghiinomenwa-vali Erastus The Lobito Corridor Railway Project, which will connect the town of Lobito in Angola and its under-construction oil refinery to DRC, has secured US$200 million (N$3,5 billion) in funding. The funding will come from the…
Muakotoko Kehi Rovakuate Venu
By: Nghiinomenwa-vali Erastus “Count yourselves as equals in your motherland,” remarked Otjozondjupa Governor James Unomasa Uerikua as 98 Batswana of Namibian descent were formally handed over by the Botswana government to Namibia. The group was received at the…
Restorative Justice: Calls for Reparations, Land, and Economic Support for Genocide Returnees
By: Nghiinomenwa-vali Erastus In an interview with Ombara Kambazembi, he emphasised that many ancestors who fled German atrocities between 1903 and 1910 used the same border to escape to Botswana. Today, descendants of those who fled are being…
Etango Uranium Output Can Power 8 Large Nuclear Reactors
By: Nghiinomnwa-vali Erastus Etango Uranium, a uranium mine under construction in the Erongo Region with the capacity to produce an annual output of 3.5 million pounds (Mlbs) of uranium oxide (U3O8) has the potential to power 7 to…
Without Mining, Namibia’s GDP Remains Stagnant Below N$131 Billion
By: Nghiinomenwa-vali Erastus An in-depth analysis of Namibia’s economic performance from 2015 to 2023 reveals that without contributions from the mining sector, the country’s economy has remained stagnant since 2015. The comparison, based on Namibia’s yearly Gross Domestic Product…
Auction Sees N$1.3 Billion Rolled Over in Treasury Bills
By: Nghiinomenwa-vali Erastus At a Treasury Bills auction held on 12 September 2024, the government opted to roll over N$1.3 billion borrowed from investors, rather than seeking new funding. This strategy of extending existing debts, known as a rollover,…
Paratus Drives National Data Usage Growth in Second Quarter
By: Nghiinomenwa-vali Erastus Namibia’s mobile data usage reached 33.4 million GB by the end of the second quarter of 2024, marking a 2% increase from 32.9 million GB in the first quarter. This data comes from the Quarterly Statistics…
HDF says its Green Hydrogen Power Plant Could be Namibia’s Backup Energy Source
By: Nghiinomenwa-vali Erastus A company called HDF Energy Namibia’s which is venturing into the production of green hydrogen and related technologies says it is implementing a project with the potential of becoming the country’s quick-response power reserve….
25% of N$1.3bn Solar Project Reserved for Local Contractors
By: Nghiinomenwa-vali Erastus and Fransina Nghidengwa Two Chinese contractors, awarded N$1.4 billion for the Engineering, Procurement, and Construction (EPC) of a 100 MW solar plant near Rosh Pinah, are required to allocate at least 25% of the project…
Ghana Resumes Namibian Beef Imports After Long Hiatus
By: Nghiinomenwa-vali Erastus In June 2024, Ghana rejoined the list of African countries purchasing Namibian beef after a prolonged break, with some northern farmers calling the sudden stop“economic sabotage.” According to the Livestock and Livestock Board of Namibia’s…