Author: Nghiinomenwa-vali Erastus
Southern Africa Has An Electricity Deficit Of 9,779 MW …SA accounts for 92% of this deficit, Namibia third
By:Nghiinomenwa-vali Erastus The Southern Africa Power Pool (SAPP) has indicated that the market for electricity generation is massive as the 12 member countries have over 9,8 Gigawatts of electricity needs. Thus, many Namibian power producers are opting to fill this…
Namibia Wants Global Climate Fund To Help Vulnerable Small-Scale Fishers
By:Nghiinomenwa-vali Erastus After assessing the plight of small-scale and artisanal fishers that are affected by climate change in the fishing sector, the Namibia’s Environmental Fund (EIF) will hand in a proposal to the Global Climate Fund (GCF). In its newsletter…
Regional Electricity Market More Appetising Than Domestic Supply … Low commercial incentives cited for limited interest
By: Nghiinomenwa-vali Erastus and Hertha Ekandjo Many electricity producers under the Modified Single Buyer Market have raised strong interest to sell their locally produced electricity to outside markets, notably through the Southern Africa Power Pool. This was revealed by…
Capricorn Foundation Re-Commits To Support Rural Artisans
By: Nghiinomenwa-vali Erastus Capricorn Foundation has pledged N$240,000 for logistical assistance in the production and selling of handicrafts, training and food support. In a statement, the Foundation has affirmed its commitment to empower rural artisans to develop and market some…
The Mixed Bag Of Namibia’s Housing Crisis
By: Nghiinomenwa-vali Erastus Various factors have been documented to be the leading causes of the country’s housing crisis. Some of these are inadequate serviced land, urbanisations, lack of rural economic development, and fiscal consolidation while high prices of finished houses…
12 Mergers And Acquisition Approved
By: Nghiinomenwa-vali Erastus Various companies are taking advantage of synergies and other values that can be achieved in horizontal and vertical integration in the market. This conclusion is found after the country’s competition watchdog, the Namibia Competition…
Husab Uranium’s US$5 Billion, Largest Chinese Investment In Africa
By: Nghiinomenwa-vali Erastus The Chinese Ambassador Zhao Weiping said his country is now the largest source of foreign direct investment for Namibia and the second largest trading partner. The over US$5 billion (N$92 billion) Husab Uranium mine investment in…
Kudu Gas To Be Developed … SA wants a piece
By: Nghiinomenwa-vali Erastus After being discovered many decades ago, the government and willing investors are finally moving to extract the gas reserves on the southwestern shores of Lüderitz. It was announced back then that financial investment decisions were to be…
Reusable Sanitary Pads Start-up Took Southern OM SEED Top Prize
By: Nghiinomenwa-vali Erastus A reusable pad manufacturing start-up from the Hardap Region has received the Old Mutual Sustainable, Economic and Empowerment Drive (OM SEED) 2023 title for the Hardap region, the Old Mutual Foundation announced. TJF Investments CC took up…
Nam Found Comfort In Zambia Power Supply Arms
By: Nghiinomenwa-vali Erastus Namibia has reduced its power imports from South Africa to below 10% from April to June. This is according to the Namibia Statistics Agency’s monthly electricity reports for 2023. Namibia has long relied on imported power…