Category: Business
We Have Plenty of Diamonds and Grapes, but Why Don’t We See and Participate in Diamonds Trading?
By:Kandjengo kaMkwaanyoka Why don’t we see diamonds in the street when we have plenty but every grape harvest everyone benefits? A young dude heard me and he asked if he could join my friend and I. He asked if I…
CRAN To Dishout 800MHz Spectrum To Improve 4G Coverage
By:Nghiinomenwa-vali Erastus A 2022 study by the Communication Authority has revealed that the assignment of 800MHz spectrum to the two national operators – MTC and Telecom Namibia – would help narrow the broadband coverage gap considerably. This finding is in…
NamPower Partners With IPPs To Boost Internal Generation Capacity … IPPs rake in almost a billion in revenuein two years
By:Nghiinomenwa-vali Erastus For the past two years, the country’s power utility NamPowerhas sourced electricity from local Independent Power Producers (IPPs) worth N$920 million. According to updates received by The Villager from NamPower, the power utility has indicated that it has…
Recent Showers Insignificant For Hydro Electricity Generation
By:Nghiinomenwa-vali Erastus Electricity utility Nampower said the recent rains had no significant impact on the Ruacana catchment area to improve local electricity generation. This has worsened local power supply security and increased dependence on imports at the time Namibia’s electricity…
Capricorn Appoints New Corporate Affairs Manager
By: Staff writer Capricorn Group has appointed Festus Nakatana as its corporate affairs manager, effective 1 January 2023. Festus Capricorn ‘s brand and corporate affairs department in the specialised role of developing and implementing the group’s corporate affairs strategy,…
Half Of Sub-Saharan Africa Is In The Dark
By:Nghiinomenwa-vali Erastus An assessment by the World Bank and International Monetary Fund’s economists indicated that about half of the population of Sub-Saharan Africa does not have access to electricity. Those with electricity pay on average nearly twice as much as…
Investors Continue To Channel Capital To Govt’s Fixed Income Assets
By:Nghiinomenwa-vali Erastus Between 1 December 2022 and 6 January 2023, investors have offered N$9,7 billion to the government in exchange for treasury bills (TBs), the Bank of Namibia TB Auction results for the 01, 08, 15, 22 December 2022, and…
O&L Group Readies For Another Flash Flood
By: Hertha Ekandjo & Julian Iikela Ohlthaver & List (O&L) chairperson Sven Thieme has said that this time around they are prepared for any flash floods as the City of Windhoek this week raised a red flag over a possible repetition…
Walvis Bay Waterfront & Marina Development:NamPort Extends Bid Submission Deadline Till 6 March 2023
By: Staff writer In a notice, the Namibia Ports Authority (Namport) said the last date for submission of expression of interest (EOI) for the Walvis Bay Waterfront Development is 6 March 2023. The company stated that the deadline for respondents…
Drilling Campaigns Get Underway Offshore Namibia
By: Staff Writer A number of drilling campaigns will soon get underway off Namibia as the country seeks to move forward with the development of its offshore energy resources, according to Evercore ISI’s latest Offshore Rig Market Snapshot. The firm noted that…