Author: Justicia Shipena
Pressing Housing Needs Present Both Opportunities and Challenges for Construction Sector
By: Justicia Shipena The pressing need for affordable housing in Namibia is creating both opportunities and challenges for the construction sector, according to economic researcher Halleluya Ndimulunde of Simonis Storm Securities. This comes in light of the City…
Talks at Advanced Stage for MVA Fund’s Trauma Centre Land Acquisition in Windhoek
By: Justicia Shipena The Motor Vehicle Accident (MVA) Fund of Namibia is currently engaged in negotiations with the City of Windhoek (CoW) to finalise payment arrangements for the land earmarked to host Namibia’s inaugural trauma centre. MVA’s Chief…
NCCI Urges Businesses to Adopt Fair Pricing Practices in Public Tenders
By: Justicia Shipena Namibia Chamber of Commerce and Industry (NCCI) has called on the business community, urging them to uphold professionalism and ethical standards when participating in public sector tenders. This appeal was made by NCCI President Bisey /Uirab…
A Nuclear Power Plant in Namibia Could Stabilise Uranium Market Prices, Says Rosatom
By: Justicia Shipena Russian state-owned energy giant, Rosatom, says constructing a nuclear power plant in Namibia could contribute to stabilising uranium prices while enabling the country to achieve energy self-sufficiency. Rosatom’s national manager, Viktor Riedel, emphasised during a…
Business Community Welcomes 2024/25 Budget
By: Justicia Shipena The Namibia Chamber of Commerce and Industry (NCCI) has expressed its satisfaction of the 2024/25 national budget, presented in parliament last month. NCCI president Bisey /Uirab noted that the budget reflects a consideration of the…
Mbumba: Welwitschia Fund Money Reserved for Future Generations
By: Justicia Shipena President NangoloMbumba has emphasised that the funds injected into the Welwitschia Sovereign Wealth Fund are earmarked for future use, safeguarding wealth for generations to come. Mbumba said utilising the money now would jeopardise the future wealth…
Youth Energy Forum Aims to Foster Entrepreneurial Spirit Among Namibian Youth
By: Justicia Shipena Amidst Namibia’s burgeoning energy sector, the newly established Namibia Youth Energy Forum (NYEF) is dedicated to nurturing an entrepreneurial mindset among young individuals, urging them to actively engage and excel in this rapidly expanding industry….
Success of Local Content Policy Hinges on Namibian Entrepreneurs, Says Alweendo
By: Justicia Shipena Mines and Energy Minister Tom Alweendo stresses that Namibia’s oil and gas local content policies face a high chance of failure without locally minded, creative, and motivated entrepreneurs who are willing to invest in acquiring…
Namport Records N$1,5 Billion in Revenue for 2023
By: Justicia Shipena The Namibian Ports Authority (Namport) has recorded a 22% increase in revenue for the fiscal year 2023, soaring to N$1.503 billion compared to N$1.234 billion in 2022, surpassing its target of N$1.268 billion. The authority’s…
Shifeta Pleased WithRetailers Overcharging For Plastic Bags
By: Justicia Shipena Environment Minister Pohamba Shifeta says retailers charging above the mandated price for plastic bags can positively impact sustainability efforts. According to Shifeta, this practice serves as a positive influence by discouraging individuals from disposing of…