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Opinion: Fitch Ratings Rates Namibia’s Development Bank as Outlook Stable
By: Josef Kefas Sheehama Fitch Ratings has affirmed the Namibian Development Bank’s (DBN) Long-Term Issuer Default Ratings (IDR) at ‘BB-‘ and its National Long-Term Rating at ‘AA+. These credit ratings cover the widest range of credit risk factors…
Opinion: Endometriosis: The Enigma
Dr. David N. Emvula March is endometriosis awareness month. Endometriosis is a complex gynaecological condition characterised by abnormal growth of endometrial tissue outside the uterus. The uterus is a female reproductive organ with the main function of carrying the baby…
Inflation-Linked Bond Investors to Receive N$63,1 Million Coupon Next Month
By: Nghiinomenwa-vali Erastus Investors holding the government’s inflation-linked GI27 and GI33 bonds are set to receive their first coupon/interest payment for the year on April 15, 2024. The total interest payment amounts to N$63.1 million, which will be…
Namibia in Talks with Potential Buyers for Green Ammonia
By: Justicia Shipena Mines and Energy Minister, Tom Alweendo, has revealed ongoing talks with potential buyers for Namibia’s green hydrogen during the recently concluded 10th Berlin Energy Transition Dialogue (BETD) in Germany. Under the theme “Accelerating the Global…
NCAA Records Significant Improvement in Critical Element Implementation
By: Hertha Ekandjo The Namibia Civil Aviation Authority (NCAA) has achieved an improvement in the effective implementation of its critical elements, a recent audit reveals. The audit report compiled by the Universal Safety Oversight Audit Programme on the…
Siemens Energy Eyes Namibian Electrolyser Assembly Facilities … As Namibia gets selected for global programme for hydrogen industry
By: Justicia Shipena Siemens Energy, a leading German energy company, has expressed strong interest in exploring opportunities to establish electrolyser assembly facilities in Namibia. This development was revealed by James Mnyupe, the Green Hydrogen Commissioner, in a press…
Strong Winds, Rain, and Hail Destroy Northern Crops
By: Loise Shiimi The hopes of a bountiful harvest for many crop farmers this year were dashed when strong winds accompanied by hailstones and rain ravaged fields and gardens in some parts of the north. Ohumba Farming, located…
GIPF Collaborates With Local Film Industry for Educational Series
By: Nghiinomenwa-vali Erastus The Government Institutions Pension Fund (GIPF) has forged a partnership with the local film industry to produce its latest edutainment television series, confirmed last Friday. Despite being considered a low-hanging economic fruit, Namibia’s film industry…
Namibia’s Green Hydrogen Project Receives German Boost
By: Justicia Shipena During the 10th Berlin Energy Transition Dialogue (BETD) in Germany, Namibia’s collaboration with Germany in its green hydrogen project achieved another milestone. The German government issued a Letter of Intent to Enertrag SE, affirming the…
National Assembly Achieves Gender Parity … National Council lags behind
By: Juliana Iikela and Nghiinomenwa-vali Erastus Namibia’s top legislative body, the National Assembly, has achieved gender parity with an equal representation of men and women, marking a significant milestone in gender equality in the country’s political arena. Comprising…