Author: Justicia Shipena
Global Food Prices Drop in August – FAO … sugar and meat costs fall
By: Justicia Shipena Global food prices saw a slight decrease in August, driven by significant drops in sugar, meat, and cereal costs, according to a recent report from the United Nations Food and Agriculture Organisation (FAO). The FAO…
Govt Could Slash N$6.77 Billion in Bonds by 2025
By: Justicia Shipena The government is set to reduce its outstanding bonds by 2025, with N$6.77 billion currently owed on GC24, GC25, and GI25 bonds, according to a report from Simonis Storm Securities. This figure is expected to…
Namibia Secures Billions in Aid from China
By: Justicia Shipena President Nangolo Mbumba has returned from his first official state visit to China, securing significant financial aid and investment commitments from the Chinese government. During bilateral talks at the 2024 Summit of the 9th Forum…
Mbumba Sells Green Hydrogen Dream to China
By: Justicia Shipena President Nangolo Mbumba has asked the Chinese government to collaborate with Namibia in the development of green hydrogen and other energy projects the country has embarked on. He made this request during his bilateral talks…
!Gawaxab Urges Namibia to Take Lead in Green Hydrogen Development
By: Justicia Shipena Bank of Namibia (BoN) Governor, Johannes !Gawaxab, has emphasised that Namibia must not become a mere bystander in its own green hydrogen development. Speaking at the Global African Green Hydrogen Summit, !Gawaxab urged Namibian banks and…
Tjongarero to Address Paralympic Committee Over Diverse Representation
By: Justicia Shipena and Juliana Iikela Sports Minister Agnes Tjongarero is set to meet with the executive committee of para-athletes to discuss the underrepresentation of athletes in sports disciplines beyond athletics. This move comes in the wake of Namibia’s…
Namibia Invites Indonesia to Invest in Green Hydrogen and Energy Sectors
By: Justicia Shipena Namibia has invited Indonesian investors to participate in its growing green hydrogen, oil, and gas sectors. The call was made by Environment and Tourism Minister Pohamba Shifeta, who is representing President Nangolo Mbumba at the second…
Mining Sector Set to Drive Green Industrial Revolution, Study Reveals
By: Justicia Shipena A new study underscores the pivotal role of Namibia’s mining sector in driving the country’s green industrialisation efforts. The report, presented at the Global African Hydrogen Summit, recommends leveraging Namibia’s mining capabilities to advance a unified…
MP Pushes for Tax Breaks for Retirees
By: Justicia Shipena Rundu Rural Constituency Councillor and Member of Parliament Paulus Mbangu has called for tax relief to be extended to pensioners and retirees, arguing that it is unfair for individuals to continue paying taxes after retirement. Speaking…
New Power Grid Connection Rules Set for Approval by November
By: Justicia Shipena The final drafts of the Distribution Grid and Connection Codes are scheduled for approval in November 2024. These codes aim to establish rules and procedures for the safe, reliable, efficient, and economical operation of Namibia’s distribution…