Author: Justicia Shipena
HIV Infections Rise Despite Global Progress
By: Justicia Shipena A new report released by UNAIDS at the 25th International AIDS Conference reveals both significant progress and persistent challenges in the fight against HIV/AIDS. According to the report, titled “The Urgency of Now: AIDS at a…
Norwegian Energy Company Acquires 20% Stake in ReconAfrica’s PEL
By: Justicia Shipena A Norwegian based company called BW Energy has acquired a 20% interest in ReconAfrica’s Petroleum Exploration Licence 73 (PEL 73) onshore in Namibia. This followed the formation of a strategic partnership between the two companies. Under…
GIPF CEO Sees Potential in Blueberry Sector
By: Justicia Shipena Martin Inkumbi, the chief executive officer of the Government Institutions Pension Fund (GIPF), has identified significant potential in Namibia’s blueberry sector. Inkumbi made this observation during a recent visit to the Kavango West and East…
Call for Urgent Intervention as Hunger Crisis Deepens in Namibia
By: Justicia Shipena As hunger intensifies in Namibia, calls for urgent intervention are growing louder. Human rights activist Linda Baumann emphasised that while numerous initiatives are underway to address hunger, they are insufficient to feed the nation. Baumann…
Law on Welwitschia Sovereign Wealth Fund to Reach Parliament Soon
By: Justicia Shipena Finance Minister Ipumbu Shiimi announced that legislation for managing the Welwitschia Sovereign Wealth Fund will soon be presented to parliament. This statement was made in response to questions from parliament member Jennifer Van den Heever regarding…
Tariff Hikes Boost City of Windhoek’s Revenue
By: Justicia Shipena The City of Windhoek has reported improved financial performance for the 2022/2023 fiscal year compared to the previous year, driven primarily by a significant decrease in bad debts by N$244 million and an increase in service…
Concerns Mount as Voter Registration Deadline Nears
By: Justicia Shipena With only three weeks remaining until voter registration closes, concerns are growing about the pace of voter card issuance. As the deadline approaches, questions persist about whether enough individuals will secure their voter cards in time…
ReconAfrica Targets 3.1 Billion Barrels of Oil in Namibia’s Naingopo Well
By: Justicia Shipena Canadian oil and gas exploration company, Reconnaissance Energy Africa (ReconAfrica), is set to tap significant potential in its Naingopo well located northeast of Namibia. The anticipated yield from this exploration effort is estimated at 3.1…
Namibia to Honour Eurobond Debt
By: Justicia Shipena The Governor of the Bank of Namibia (BoN), Johannes !Gawaxab, announced that Namibia has implemented measures to fulfill its Eurobond obligations. This statement was made during his meeting with representatives from the London Stock Exchange on…
BIPA Suspends Beneficial Ownership Penalties for Two Month
By: Justicia Shipena In a recent development, the Business and Intellectual Property Authority (BIPA) has decided to suspend penalties related to beneficial ownership for the next two months. Deputy Minister of Industrialisation and Trade, Verna Sinimbo, announced this decision…