Category: National
Paratus Group and BSO Forge Bond to Revolutionise High-Speed Connectivity
By: Dolly Menas Paratus Group has joined forces with BSO, a global infrastructure and connectivity provider for financial institutions, to herald a new era of connectivity with Paratus’ newly launched Express Fibre Route. This collaboration marks a significant…
The Unexplored Gem of Olives
By: Dwight Links The recent Namibia-Spain forum brought forth an intriguing suggestion from Spanish experts: the adoption of a climate-resistant crop into Namibia’s agricultural sector. Both Namibia and Spain face significant drought challenges, with Spain enduring eight years of…
Kasuto Refutes MUN Theft and Fraud Allegations
By: Hertha Ekandjo Former Mineworkers’ Union of Namibia (MUN) president Ismael Kasuto has refuted allegations that he illegally transferred N$250,000 of the union’s money into his personal lawyer’s account. Kasuto, who was dismissed from his position as president of…
Electricity Tariffs to Keep Increasing Until 2028
By: Nghiinomenwa-vali Erastus and Justicia Shipena The latest 8% bulk tariff hike will not be the last electricity cost increase, as the regulator’s estimations indicate that Namibia will experience a bulk power tariff increase every year until 2028. According…
Paratus Namibia Secures N$600 Million Rights Issue Investment
By: Staff Writer Paratus Namibia Holdings has successfully raised over N$600 million through its recent rights issue and investment drive, which was fully subscribed. A rights issue is an offering that allows existing shareholders to buy additional shares directly…
Ithete Joins Red Line Removal Calls in Opuwo
By: Uakutura Kambaekua The community in Opuwo is urging lawmakers to establish a mobile abattoir to revitalise the livestock market, which they argue is currently nonexistent in their region. They expressed their plight amidst repeated calls for renovations to…
Iran Announces Fresh Plans for Walvis Bay Oil Refinery
By: Justicia Shipena Iran has announced plans to establish a refinery at Walvis Bay port, among other initiatives in the oil sector, an idea that was first conceived over 13 years ago. Iranian ambassador to Namibia, Seyed Ali Sharifi…
Namibia’s Cricket Team Heads to Caribbean and USA for T20 Tournament
By: Dwight Links Namibia has announced its 16-man squad for the 2024 edition of the T20 Cricket World Cup, set to take place in the Caribbean and the United States of America. Namibia is ranked 14th in the world…
Iran Offers Namibia Discounted Steel and Iron Rods
By: Hertha Ekandjo Iran has offered to supply Namibian buyers with steel and iron rods at a discounted rate, ranging from 10-20% below market prices. The Ambassador of the Islamic Republic of Iran in Namibia, Seyed Ali Sharifi Sadati,…
‘Poor People’s Organisation’ Calls for Equitable Distribution of Wealth
By: Uakutura Kambaekua A group going by the name – Poor People’s Organisation – has called on President Nangolo Mbumba to ensure a fair and equitable distribution of the nation’s wealth among its citizens. Established in Opuwo over three…