Category: Mining
Basil Read Employees To Down Tools Over 95 Million Unpaid Overtime
By: Hertha Ekandjo 174 Basil Read Mining company employees are planning to down their tools on 3 October and vent their frustrations over unpaid overtime wages dating between 2014-2016. According to the workers’ representative, Jonny Classen, they’ve been fighting for…
Africa Shows Real Promise in Green Hydrogen with Projects
By: NJ Ayuk There’s a new powerhouse in African renewables. And it has plenty of experts talking about it. The report “The State of African Energy 2Q 2023 Outlook,” recently released by The African Energy Chamber (AEC), discusses the current…
“Millionaires’ Growth Not A Panacea For Namibian Economy”
By:Lavinia Shawapala The expected rise in the number of millionaires won’t boost the Namibian economy, warnedlocal economist Omu Kakujaha-Matundu. The 2023 Africa Wealth Reportrevealed that roughly 2,150 millionaires presently reside in Namibia, with over 10,000 predicted by 2040. Talking The…
Namibia’s Carbon Reduction Commitment Questioned …As SDGs are said not to beon track
By:Justicia Shipena According to analyst Henning Melber, a new issue for Namibia at the UNGA will be mineral resources, specifically green hydrogen, and Namibia’s ambitions to become the continent’s energy hub. More than 140 world leaders, including President Hage Geingob,…
Namibia: Uranium Rich,But Energy Poor …Towards energy security
By:Kuiri F Tjipangandjara (D Sci Eng) Indeed, the future looks bright for the Namibian uranium industry. The world has big hunger and thirst for uranium. What is encouraging is the fact that both the uranium prices (spot ad contract) are…
Rising Oil Prices: A Looming Threat to Namibia’s Inflation
By:Justicia Shipena The rise in oil prices may result in higher transportation costs, which might contribute to growing inflation in Namibia. This is according to economists at Simonis Storm Securities. Inflation rates demonstrated a persistent rate below the 5% threshold…
Construction Sector Says Government Projects Exclude Namibians
By:Staff writer The construction sector has reiterated calls to cancel several projects, which they argue exclude most Namibians. In a statement by the Construction Industries Federation (CIF) and the Metal and Allied Namibian Workers Union (Manwu), the two entities argue…
Husab Uranium’s US$5 Billion, Largest Chinese Investment In Africa
By: Nghiinomenwa-vali Erastus The Chinese Ambassador Zhao Weiping said his country is now the largest source of foreign direct investment for Namibia and the second largest trading partner. The over US$5 billion (N$92 billion) Husab Uranium mine investment in…
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…
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…