Author: Justicia Shipena
NAM-MIC Issues 655,937 Shares to 522 Beneficiaries
By: Justicia Shipena The Namibia Mineworkers Investment Holdings Company (NAM-MIC), through its Just Transition Trust (JTT) Namibia Limited, has reached a significant milestone by issuing 655,937 shares to 522 shareholders. This announcement was made during the transition of…
Namibia Could Sustainably Harvest 30% of Its Biomass Potential
By: Justicia Shipena Namibia has the potential to sustainably harvest 30% of its biomass, according to Environment Minister Pohamba Shifeta. Speaking on the ongoing challenges of bush encroachment, Shifeta highlighted that over 45 million hectares of Namibia are…
Mineral Agreements Lag Despite Legal Requirements
By: Justicia Shipena Despite legal requirements under the current Minerals Act, only one mineral agreement has been established to date — between Namdeb and the Namibian government. According to Erasmus Shivolo, the Mines and Energy deputy executive director,…
Oil Refinery Opportunities in Namibia Remain Open
By: Justicia Shipena Opportunities for establishing an oil refinery in Namibia are still open, with interest from various parties, according to Petroleum Commissioner Maggy Shino. Speaking at the 2024 Mining Expo and Conference, Shino addressed questions from Eagle…
Improve Strategic Infrastructure to Boost Oil and Gas Sector, Govt Told
By: Justicia Shipena The Namibia Petroleum Operators Association (Nampoa) has called for the urgent rehabilitation and expansion of local ports, railways, and vocational training facilities to improve efficiency in the country’s oil and gas sector. Speaking at the…
Namibia Must Consider Nuclear Energy— Ndaitwah
By: Justicia Shipena Vice President Netumbo Nandi-Ndaitwah says Namibia should explore potential benefits from downstream nuclear value chain activities, as the country solidifies its position as a key supplier of uranium. Speaking at the 11th edition of the Mining…
Cancer Association to Dedicate 30% of Apple Project Proceeds to Boost Cancer Care
By: Justicia Shipena The Cancer Association of Namibia (CAN) has announced that 30% of the funds raised from the 2024 Bank Windhoek Cancer Apple Project will be allocated to the National Cancer Outreach Programme. According to CAN, this…
NDTC Pays N$2.8 Billion in Dividends Over 17 Years
By: Justicia Shipena The Namibia Diamond Trading Company (NDTC) has paid over N$2.8 billion in dividends to its shareholders since its inception in 2007. This figure was disclosed by NDTC Chief Executive Officer Brent Eiseb during the 2024 Mining…
Housing Crisis: 120,000 Queue up for NHE Houses
By: Justicia Shipena The Namibia Housing Enterprise faces an uphill challenge to deliver houses to more than 120 000 applicants on its waiting list. This figure was disclosed by NHE Chief Executive Officer Gisbertus Mukulu during an information-sharing session…
Daures Green Hydrogen Village Commissioning and H2 Production Delayed to Q4
By: Justicia Shipena The commissioning of the Daures Green Hydrogen Village (DGHV) has been rescheduled to the fourth quarter of this year, following unforeseen delays. Originally set for last month, the project requires additional time to be finalised During…