Author: Justicia Shipena
Namibian And Angolan Associations Join Forces For Joint Investments In Oil And Gas Sector
By:Justicia Shipena A Memorandum of Understanding (MoU) has been signed between Namibia and Angola to jointly explore investment opportunities within the oil and gas sector. The signing between the Namibian Association for Offshore Oil and Gas Service Providers (NAOGSP) and…
Shifeta Advocates Stronger Drought Policies
By:Justicia Shipena Environment, Forestry and Tourism Minister Pohamba Shifeta has called for more drought policies to be implemented. Shifeta made the call during the African Ministerial Conference on the Environment (AMCEN). The AMCEN’s nineteenth session was held in Addis Abba,…
South Africa and Namibia Seek Sustainable Energy Solutions
By:Justicia Shipena Minister of Mines and Energy Tom Alweendo has met with South Africa’s Minister of Electricity Kgosientsho Ramokgopain Windhoek on Friday to strengthen bilateral ties in the energy sector. The meeting spurred discussions of cooperation for green hydrogen in…
Access to Deposits Preserved Despite Trustco Bank’s Suspension
By:Justicia Shipena Despite the Bank of Namibia’s (BoN) temporary suspension of Trustco Bank, clients would retain access to their deposits. Trustco Bank’s ability to function as a financial institution was suspended with immediate effect by BoN on Friday. The suspension…
N$343 Million Karibib-Usakos Chinese Tender Pushes Forward, Amid Backlash …sector calls for project cancellation, re-advertising
By:Justicia Shipena The Construction Industry Federation (CIF) is enraged that the Karibib-Usakos road rehabilitation project is proceeding. This follows the announcement by the Roads Authority (RA) that it has chosen contractors and subcontractors for the reconstruction of the road in…
Oil & Gas Discoveries Not Automatic Economic Panacea- Alweendo
By:Justicia Shipena Mines Minister Tom Alweendo, has stressed that recent oil and gas discoveries are not an automatic solution to Namibia’s socio-economic challenges. Alweendo was addressing nearly 700 delegates from 16 nations at the Mercure Hotel in Windhoek, at the…
Namibia’s Tourism Arrivals Up By 98.1%
By:Justicia Shipena Namibia had a record-breaking surge in foreign visitor arrivals of 98.1% in 2022. Minister of Environment, Forestry and Tourism Pohamba Shieft a released the yearly tourist statistical report for 2022 on Tuesday afternoon. “I am delighted to report…
All Eyes On BoN: To Raise Or Not To Raise
By:Justicia Shipena The Bank of Namibia (BoN) Monetary Policy Committee (MPC) is expected to announce its decision on the repo rate on Wednesday as inflation has slowed. This comes amidst questions of whether the BoN will follow South Africa’s lead…
Japan Prepares N$28 Billion Investment In Namibian Mining
By:Justicia Shipena Namibia and Japan have signed agreements concerning rare earth metals and green hydrogen. The Japanese government is prepared to invest $1.5 billion Yen in Namibian mining development. This was made known during Japan’s Economic, Trade and Industry Minister,…
Namibia On Track To Eradicate Maternal Transmission of HIV, Syphilis And Hepatitis B
By:Justicia Shipena Namibia is determined to bring the mother-to-child HIV transmission rate down to less than two percent by 2028, a health official said Monday. Ben Nangombe, the Executive Director of the Ministry of Health and Social Services, made the…