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Namcor’s Acting MD To Speak On Namibian Upstream Oil And Gas At AEW 2023
By:Staff writer Namcor’s Acting Managing Director Shiwana Ndeunyema will attend African Energy Week (AEW) taking place in October this year in Cape Town. There, he is set to speak on Namibia’s upstream oil and gas activities and the investment opportunities…
Outstanding Policies On Investment A Constraint – NIPDB
By: Justicia Shipena Pending investment laws may stifle Namibia’s efforts to attract foreign direct investment, according to Nangula Uaandja, Chief Executive Officer of the Namibia Investment Promotion and Development Board (NIPDB). In an interview with Eagle FM, Uaandja stated lack…
The Importance of Retirement Benefit Counselling in Namibia
By:Paul-Gordon /Guidao-ǂOab Retirement is an important stage of life and maintaining financial stability currently is crucial. The pension landscape is changing, as it does in many other parts of the world. Effective retirement benefit counselling is increasingly necessary as personal…
Post-Pandemic Financial Challenges: Namibians Decreased Saving Patterns
By:Justicia Shipena Saving money is a key financial habit that leads to financial stability and security in the long run. However, current trends show that Namibians are saving less, according to Sanlam Namibia Group Chief Executive Officer Tertius Stears. Speaking…
Ex Air Nam Employees Want Govt Summoned
By: Fransina Nghidengwa Former Air Namibia employees want parliament to summon stakeholders, such as government and the liquidators, to explain the delays in paying their severance packages among other concerns. Last week Thursday, the Parliamentary Standing Committee on Human…
City Building Plans Trajectory Lowest Since 2009
By:Staff writer Although Windhoek continues to see growth in building approvals, the pace at which this is developing has made 2023 the lowest for building plan approvals since 2009. The municipality approved 190 building plans in June, which is 26…
Daures GH2 Project Plans To Tap Into Desalination Water
By:Nghiinomenwa-vali Erastus The Daures Green Village in Erongo region, which was launched last year, will consider the use of desalinated water as it expands from the pilot phase. The Consortium that manages the Daures Green Hydrogen project, led by Enersense…
Mining Industry Database To Be Launched Next Month
By:Justicia Shipena Aimed at providing opportunities for Namibian entrepreneurs, a database on mining inputs and services will be introduced next month. This is to further promote local content in the sector. Beyond the resource earnings, local content is defined as…
Crypto Assets Pseudonymity A Tax Headache
By:Nghiinomenwa-vali Erastus The bewildering speed in the development of crypto assets and their pseudonymity (near-anonymous state) has left tax systems playing catch up, including Namibia’s. According to the International Monetary Fund (IMF), crypto assets that can be used as instruments…
Otjozondjupa’s Economic Strength lies in Mining Agriculture and Tourism, Says Governor
By: Fransina Nghidengwa The economic strength of the Otjozondjupa region is driven by the mining, agriculture, and tourism sectors. This was stated by the governor James Uerikua last week, during his State of Region. Uerikua says that the region positions…