Category: National
Fossil Fuel Peak Expected by 2030, Says IEA
By: Dwight Links In their recent Global Energy Outlook report for 2023, the International Energy Agency (IEA) has predicted that the peak for all fossil fuels will be reached by 2030. The release of this report coincides with statements…
City plans N$460 Million for Infrastructure and Housing
By: Justicia Shipena The Windhoek municipality is planning to spend about N$460 million on infrastructure and housing initiatives around the city. This was disclosed by Windhoek Mayor Joseph Uapingene during the city-approved 2023/2024 budget presentation on Tuesday. “Approximately N$460…
Namibia Should Prioritise The Secondary Sector – Mnyupe
By: Hertha Ekandjo The Green Hydrogen Commissioner James Mnyupe has underscored the importance of Namibia focusing on the secondary sector to create more employment opportunities. The secondary sector encompasses industries such as manufacturing, which transform natural resources and raw…
Water-Saving Calls Fall on Deaf Ears in Windhoek
By: Nghiinomenwa-vali Erastus Throughout the entire month of October and the first week of November, residents and industries in Windhoek have been using excessive amounts of water despite a critical water shortage in the city. Alarmingly, the primary water…
N$7 Million Recovered from Non-Reapplying Retirees in PSEMAS
By: Justicia Shipena The Ministry of Finance and Public Enterprises has recouped N$7 million from retirees who failed to reapply for enrollment in the government’s Public Service Medical Aid Scheme (PSEMAS) after their retirement. This development comes in response…
Ministries Urged Against Returning Unspent Funds
By: Justicia Shipena The United Nations International Children’s Emergency Fund (Unicef) representative to Namibia, Samuel Kweku Ocran, has called on government ministries to refrain from returning unspent funds to the treasury, stressing that such returns negatively impact the achievement…
Farmers’ Unions Want North/South Meatco Divide
By: Justicia Shipena IN a bid to revitalise the Meat Corporation of Namibia (Meatco), four prominent farmers’ unions have recommended the establishment of two independent subsidiary entities. The proposal comes at a crucial juncture when Meatco is grappling with financial…
N$340k Catering Tender Award Sparks Outcry in Nkurenkuru
By: Annakleta Haikera The decision to award a catering tender for World Malaria Day and SADC Malaria Day to a company based outside of Kavango West region has ignited controversy within the region’s business community. The upcoming events, scheduled for…
N$119 billion SOEs still begging for bailouts
By: Nghiinomenwa-vali Erastus STATE-Owned Enterprises continue to gobble up billions of taxpayers money in bailouts every financial year despite having a collective asset base valued at N$119 billions. Apart from ongoing bailouts, SOE’s have also been granted certain privileges known…
About 42% of Namibian Consumers Are In Financial Distress
By: Nghiinomenwa-vali Erastus A recent study from the Old Mutual Financial Services Monitor (OMFSM) has shed light on the financial distress faced by many working Namibians, who also express concerns about the country’s economic outlook. According to the OMFSM, only…