Category: National
The Risks to Hydrogen Production in Namibia and Worldwide
By: Dwight Links Economist Roman Grynberg points out that since the commitments made in 2021 by major economies like the USA, Japan, and the EU to establish decarbonization strategies, hydrogen has emerged as the preferred alternative fuel source. “Green…
Big Corporations Stifle New Market Entrants
By: Nghiinomenwa-vali Erastus Investigations conducted by the Namibia Competition Commission (NCC) in three separate sectors have revealed that new entrants in the economy are being kept out or driven out of the market by existing companies in an anti-competitive…
GC24 Investors Lend Back N$287.1 Million to Government
By: Nghiinomenwa-vali Erastus A recent switch auction for the GC24 bond has led to investors opting to lend back N$287.1 million to the Namibian government, according to auction results compiled by the Bank of Namibia. The government had…
NILALEG Hands Over 20 Boreholes Worth N$14 Million
By: Loise Shiimi Last week, the Namibia Integrated Landscape Approach for Enhancing Livelihoods and Environmental Governance (NILALEG) handed over 20 boreholes to the Ministry of Agriculture, Water, and Land Reform in Ombambihaka village. This project, costing N$14 million,…
Elephants Destroy Water Points in Zambezi’s Katete Village
By: Frans Sinengela Human-wildlife conflict continues to devastate rural communities dependent on natural resources such as forestry, rivers, and land. These shared resources inevitably lead to conflicts between humans and wildlife. In the latest incident, a farmer in…
Free Movement Protocol to Accelerate African Economy
By: Dwight Links The African Union is examining the economic implications of the free movement of people across the continent. This follows a report by the Pan African Parliament (PAP) committee for trade, customs, and immigration matters, released…
Hyphen Appoints COO for Namibian Project
By: Staff writer Hyphen Hydrogen Energy has appointed Giuseppe Surace as its new chief operating officer (COO) effective 1 July 2024. Surace is expected to support the development of Hyphen’s green hydrogen project in Namibia. He will provide strategic direction,…
Namibia to Honour Eurobond Debt
By: Justicia Shipena The Governor of the Bank of Namibia (BoN), Johannes !Gawaxab, announced that Namibia has implemented measures to fulfill its Eurobond obligations. This statement was made during his meeting with representatives from the London Stock Exchange on…
Construction Sector Implements Mandatory Pension Fund Requirement
By: Hertha Ekandjo The Namibian Building Workers Pension Fund (NBWPF) has enforced the provision of a pension fund for all employees within the construction sector. This new requirement is outlined in a recently signed Collective Agreement between the Construction…
BIPA Suspends Beneficial Ownership Penalties for Two Month
By: Justicia Shipena In a recent development, the Business and Intellectual Property Authority (BIPA) has decided to suspend penalties related to beneficial ownership for the next two months. Deputy Minister of Industrialisation and Trade, Verna Sinimbo, announced this decision…