Author: Staff Writer
Namibia Looks East For Green Hydrogen Partnerships
By: Staff writer The administrator of the National Energy Administration of China, Zhang Jinhua, on Friday paid a visit to Namibia President Hage Geingob. The visit is aimed at establishing cooperation in the area of green hydrogen production. Namibia is…
Private Sector Debt Sees N$5,8 Billion Annual Increase
By:Staff writer Debt in the private sector, inclusive of Namibian households and corporates, together with non-residents has seen an annual increase of 5.1%. This is after it stood at N$118.9 billion for February, a N$693 million increase from January this…
Paratus Powers Equiano Cable System With Infinera’s ICE6 800G
By:Staff writer With the landing of the Equiano submarine cable in June of 2022 in Namibia, the Paratus Group has established a partnership with Infinera, a pioneer of advanced optical networking solutions, in order to provide better services in the…
Askari Metals Acquires Part Of The UIS Lithium Project
By: Staff writer Askari Metals Ltd on Thursday announced the completion of its acquisition of the 80% interest in EPL 8535, covering an area of approximately 195 km2 forming part of the Uis Lithium Project, located in Namibia. Pursuant to…
Fishing Sector Sees Export Increase
By:Staff writer The value of Namibia’s fish exports increased by 14.9% y/y in January 2023, compared to 21.5% y/y in December 2022. In November last year, the Minister of Fisheries and Marine Resources Derek Klazen said the fishing sector contributed…
Effects Of Covid-19 Pandemic-Triggered Lockdown Still Haunts Telecom Namibia
By:Staff writer Despite having been one of the companies enabling connectivity throughout lockdown, Telecom Namibia is still reeling from the effects of the pandemic and the resulting “slow turnaround in the supply chain”. This was revealed by the company’s Chief…
Occupancy Arrivals On A Monthly Downward Trajectory
By:Staff writer While 2023 has been fairly kinder to the tourism sector than both 2021 and 2022, occupancy rates at nationwide hospitality establishments continue on a downward trend. After reaching a high of 61.3% in August 2022, occupancy rates averaged…
New NWR Board Appointed
By;Staff writer Former diplomat and adviser to the president of the UN General Assembly, Haroldt /Urib has been appointed Board Chairperson of the Namibia Wildlife Resort (NWR). The parastatal announced the appointment by Minister of Finance and Public Enterprises Ipumbu…
Telecom Namibia ReadiesTo Deploy 5G Services Using Its Fibre Network
By:Staff writer Telecom Namibia, which recently celebrated its milestone 30th anniversary says it is committed to deploy a fifth generation (5G) network in the country. The company aims to spearhead a digital transformation journey to support the country’s Vision 2030,…
Budget Timeline Affects Country’s Transparency Ratings – IPPR
By:Staff writer Institute for Public Policy Research’s (IPPR) Executive Director Graham Hopwood has raised concerns over the national budget timetable for Namibia. According to Hopwood, this year’s National Budget Speech, Estimates of Revenue and Expenditure, the Fiscal Strategy, and the…