Category: Top Stories
TotalEnergies Now the Operator of Namibia’s Two Largest Oil Discoveries
By: Nghiinomenwa-vali Hangala TotalEnergies has received the green light from the Namibian government to acquire a 40% operating interest in the PEL83 license, which holds the Mopane Oil discovery from Galp. This approval makes the oil giant…
EVs Not as Resilient to US-Iran War, but Proving to be a Mobility Option
By: Dwight Links The International Energy Agency (IEA) outlined in its latest evaluation of the electric vehicle market as a resilient option for mobility in an ever-unpredictable world. According to them, the sales of EVs were slightly…
Geology Cannot Be Commanded, and Capital Cannot Ignore Economics
By: Nghiinomenwa-vali Hangala The government of Namibia, through the Minister of Mines and Energy, Modestus Amutse, has an understanding that it cannot command geology to become commercial or ask capital to ignore economics. Amutse expressed this at the Occasion…
Road Accidents: A Public-Health, Socio-economic, and Development Crisis
By: Nghiinomenwa-vali Hangala The National Council Committee on Transport, Infrastructure and Housing has declared the country’s road accidents a national public-health, socioeconomic, and development crisis. The Committee has also attributed driver behaviour as the main cause of accidents. From…
New Mines Usher in Positive Prospects … all minerals recording a windfall
By: Nghiinomenwa-vali Hangala According to the Chamber of Mines, beyond the immediate production cycle that is mixed, the medium-term outlook remains considerably positive due to the new mines. The Chamber expressed its optimism in the Monthly Mining Update for…
Human Mobility Remains a Challenge for African Integration
By: Nghiinomenwa-vali Hangala A key development, currently underway, within SADC’s business and professional services sector is the operationalisation of Article 7 of the Protocol, which provides for Mutual Recognition Agreements (MRAs), as noted by the Trade Law Center in…
Zambezi Bream Becoming Scarce in the Region’s Rivers
By: Nghiinomenwa-vali Hangala Assessment done on the streams of the Zambezi rivers has revealed the depletion of Zambezi bream and other fish species in the region’s river systems. It has resulted in a call to restock fingerlings for the…
MSMEs Asked to Prove Rani Group and Others Anti-Competitive Practices
By: Nghiinomenwa-vali Hangala The country’s Competition Commission is asking the public, especially entrepreneurs, to come out and give evidence on Rani Trading and six major Fast-Moving Consumer Goods (FMCG) suppliers on alleged anti-competitive behavior. This is after the Commission…
FMM Abattoir Shuts Its Doors: More Than 100 Jobs to Be Lost, 100 Producers to Lose Markets
By: Nghiinomenwa-vali Hangala The permanent closing of the Farmer’s Meat Mariental Abattoir will lead to a collapse of the sheep value and supply chain, loss of jobs, and markets that were established. The OL Group owned abattoir…
BoN Questioned on the Cost of the Peg to the Rand
By: Nghiinomenwa-vali Hangala As the Namibian economy continues to struggle to deliver quality growth, while capital flow to business remains low, the business community engaged the Central Bank and Monetary Committee on the cost of the Namibian currency…