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Current Laws Lack Clarity on Green Hydrogen Definition – Alweendo … minister warns of potential hurdles in global markets without standardisation
By: Justicia Shipena – New York, USA Mines and Energy Minister Tom Alweendo has emphasised the urgent need for specific legislation to regulate the growing green hydrogen industry. Speaking at the Namibia Green Hydrogen Forum in New…
NBL Net Profit Drops After Heineken Takeover
By: Hileni Inane Namibian Breweries Limited (NBL) announced that its net profit after tax has declined by over 90% year-on-year, primarily due to significant one-off gains in 2023 from the sale of shares in Heineken. Despite this sharp…
Namcor Repays Half of N$1,1 Billion Debt
By: Staff writer Namcor says it has spent N$550 million to settle some of its N$1,1 billion debt to international oil seller Gunvor. This comes after the company received a N$1.2 billion lifeline from state coffers. Namcor said…
More Than 600,000 Micro Lending Loans Issued in 2023
By: Nghiinomenwa-vali Erastus Registered microlending entities in Namibia issued a total of 665,290 new loans with a combined value of N$3.6 billion in 2023. This represents a slight increase of 0.8% compared to the previous year, according to…
Analyst Raises Concerns Over Green Hydrogen Financing
By: Justicia Shipena Namibia’s investment in green hydrogen is facing growing scrutiny, with both financial and environmental risks coming to the forefront. According to economic analyst Rowland Brown, the country’s push for green hydrogen development presents significant financial…
Opinion: Starlink’s Debut Offers Opportunities and Drawbacks for Local Businesses and the Economy
By: Josef Kefas Sheehama Although Namibia seems stuck with underdevelopment in many sectors, there are opportunities for the country to industrialise, pursue inclusive growth, and draw in investment by utilising technological advancements. Recent news about Startlink’s potential operating…
Calls to Re-evaluate Livestock Marketing Strategies Made
By: Hertha Ekandjo Otjozondjupa Governor James Uerikua has stressed the urgent need for Namibia to reassess its livestock marketing strategies to focus more on value addition to boost job creation and economic growth. Uerikua said the current practice…
Opinion: Rainfall Alone Cannot Guarantee Optimal Rangeland Recovery
By: Erastus Ngaruka A rangeland refers to land inhabited by native plants (grass, forbs, shrubs and trees) and utilised by domestic and wild animals. Rangelands offer direct or indirect support to all forms of life and are the cheapest…
Mushelenga Calls for Trophy Hunting Regime Review
By: Hertha Ekandjo Minister of International Relations and Cooperation, PeyaMushelenga, has called for a review of Namibia’s current trophy-hunting regime, urging the adoption of models that offer greater benefits to local communities. Under Namibia’s Community-Based Natural Resource Management…
Entrepreneur Proposes Plans to Export Namibian Skills
By: Rudorf Iyambo Namibian entrepreneur Oscar Mwandingi has reached out to UNESCO and various foreign embassies in Namibia in an effort to address the country’s growing unemployment crisis, particularly among skilled professionals, such as trained teachers. Mwandingi has…