Author: Nghiinomenwa-vali Erastus
DBN Approves N$164 Million for Rosh Pinah Solar Park Expansion
By: Nghiinomenwa-vali Hangala The Development Bank of Namibia (DBN) has approved N$164 million to co-fund the expansion of the existing 5.4 MWp Rosh Pinah Solar Park in the //Kharas Region, the local development financier announced this week…
Windhoek Road Maintenance Backlog to Cost Over N$2.7 Billion
By: Nghiinomenwa-vali Hangala An assessment of the City of Windhoek road maintenance backlog is estimated to be more than N$2.7 billion, with insight indicating that the bill could be higher with increasing potholes and road damage. This…
Comply With Minimum Wages to Get Tenders
By: Nghiinomenwa-vali Hangala The Ministry of Justice and Labour Relations has indicated that it will be assessing the National Minimum Wage and recommend to offices, ministries and agencies (OMAs) whether to award tenders to selected bidders or not….
Govt Plan to Switch N$2.3 Billion on Tuesday
By: Nghiinomenwa-vali Hangala The government, through the central bank, will attempt to persuade investors to switch their N$2.3 billion investment in the GC26 Bond to other long-term bonds to avoid repaying the borrowed money next year. The…
Unlisted Capital Commitments Can Fill Key Investment Gaps
By: Nghiinomenwa-vali Hangala Namibia’s triple challenges of housing, energy insecurity, and water can be addressed through unlisted investment in the private sector by leveraging local capital. This is according to Christoff Bauernschmitt, senior investment professional at Old…
MTC and TN Receive N$42.1m to Extend Telecommunication Infrastructure
By: Nghiinomenwa-vali Hangala The government, through the Universal Service Fund (USF), will channel N$42.1 million in subsidies to MTC and Telecom for them to build more telecommunication infrastructure across the country and expand their network. …
CoW to Cover 50% of Sam Nujoma Stadium Upgrade
By: Nghiinomenwa-vali Hangala The City of Windhoek Council has approved a proposal by the Namibia Football Association (NFA) to upgrade the Sam Nujoma Stadium to meet international standards set by the Confederation of African Football (CAF) and FIFA. The City…
Meatco to Export Hides to Kenya Under AfCFTA
By: Nghiinomenwa-vali Hangala This week, the Meat Corporation (Meatco) will dispatch two containers of wet blue hides from the Okapuka Tannery to Mombasa, Kenya, marking its first export under the AfCFTA framework. The company announced this in a statement last…
Special Economic Zones Uncertainty Looms Over Diamond Sector
By: Nghiinomenwa-vali Hangala Beyond the turbulent global diamond markets, the Namibian diamond cutting and polishing industry is facing policy uncertainty, particularly in relation to transitioning from the current Export Processing Zone (EPZ) regime to the Special Economic Zone…
Non-Compliant Telecommunications Devices Not Welcome – CRAN
By: Nghiinomenwa-vali Erastus Devices such as mobile phones, routers, and modems imported into Namibia must meet domestic technical, safety, and performance standards, says the Communications Regulatory Authority of Namibia (CRAN). “This process helps to protect consumers, maintain reliable communication networks,…