Author: Staff Writer
City Building Approvals Increase, value Decreases
By: Staff writer The value of building plans approved by the City of Windhoek between April and May this year decreased by 30.4%, analysis from IJG Namibia has shown. While there was a 25.2% increase in the total amount of…
Why Is Namibia Not Meeting Its Energy Demands?
By:Staff writer Onesmus Nana. Hangula Namibia has a load demand of approximately 700 MW, with more than 60% of the power imported . The power is imported mainly from South Africa, Zambia, Zimbabwe, and sometimes Mozambique. Namibia has four power…
New Namibia Agronomic Board Inaugurated
By: Staff Writer Agriculture Water Land and Reform Minister, Carl Schlettwein, inaugurated the new Namibian Agronomic Board on Thursday. Chief Executive of Bokomo Namibia, Hubertus Hamm, has been named chairperson, with former chair Michael Iyambo outgoing. Marina Muller (retained),…
RFA In Toll Roads U-turn
By:Staff writer The Road Fund Administration (RFA) has iced its plans for a nation-wide toll road system, the parastatal announced on Tuesday. The TFA previously said it conducted a feasibility study in which it had found that 21 roads could…
Mines Ministry Loses Xinfeng Case
By:Staff writer Minister of Mines and Energy Tom Alweendo did not have the power to cancel a Chinese lithium miner’s licence and should have approached the courts to revoke it, a judge ruled on Tuesday. Lithium miner Xinfeng took Mines…
Meatco increases revenue by 15%
By:Staff writer Meatco increased its revenue by 15% (from N$752 million to N$865 million) and a gross profit by 950% (from -N$ 2.8 million to $ 24 million), the country’s meat sector regulator has announced. This is according to the…
Namibia’s Honorary ConsulUrges Ugandans To Invest In Namibia
By Staff Writer : The Honorary Consul of Namibia to Uganda, Ambassador Godfrey Kirumira, has urged that country’s local investors to expand their investments to Namibia after the creation of an enabling economic environment. Ambassador Kirumira made the remarks while…
Urban Areas To Receive Boost As African Development Bank Fund Approves Grant For Solar Electricity In Informal Settlements
By: Staff Writer The African Development Bank’s Urban and Municipal Development Fund (UMDF) has approved a grant of $485,000 (N$7,22 million) for a solar electricity project in Namibia that will power some 50,000 households in the capital city. The…
Menzies to continue operations at HKIA until 4 July
By: Staff writer UK company Menzies Aviation will now continue with ground handling operations at the Hosea Kutako International Airport (HKIA) until at least 4 July, the Namibia Airports Company has announced. Menzies and the preferred bidder have been locked…
Equiano Subsea Cable To Boost Nam Internet Penetration By 7.5%
Staff writer The activation of the Equiano subsea cable in Namibia on Monday, could, according to an economic impact assessment conducted by Africa Practice and Genesis Analytics, increase internet penetration in Namibia by 7.5% by 2025. Paratus Group, the landing…