Blog Page
Namibia Gets N$1.8 Billion Loan To Address Water Issues
Justicia Shipena, Annakleta Haikera The African Development Bank (AFDB) has granted Namibia a loan of N$1.8 billion for its water sector support programme (NWSSP). Agriculture Minister Calle Schlettwein, made this revelation during the weekend’s celebration of the Samora Machel and…
Namibian-Chinese Joint Venture To Build 50 MW Wind Power Plant
By:Staff writer Namibia’s power utility, NamPower, and CERIM Luderitz Energy, a joint venture between Energy China and locally owned Riminii Investments, on Monday signed power purchase and transmission connection agreements. This is to develop a 50 MW wind power plant…
Student Funding And Debt Forum Scheduled For Saturday
By:Nghiinomewa-vali Erastus The Namibia National Students Organisation (Nanso) has announced that it will host a Student Funding and Debt Forum on the 22 April. In a statement released on Wednesday, the student body said it will host students to discuss…
Investment By Corporates Delivers 395 Houses …government promises to capitalise SDFN with N$10 million
By:Nghiinomenwa-vali Erastus Three corporate leaders have invested N$18 million for the construction of 395 houses across the country, the Shack Dwellers Federation of Namibia (SDFN) has revealed. Ohorongo Cement, the FirstRand Namibia Foundation and the Pupkewitz Foundation partnered to support…
IPPs Want To Export Electricity To The Southern Africa Power Pool
By:Nghiinomenwa-vali Erastus The Electricity Control Board is (ECB) reviewing 17 renewable energy generation licence applications, most of which want to generate electricity to sell it to the Southern Africa Power Pool. This is despite Namibia’s own significant generation deficit, which…
Best Occupancy Rates Recorded In 2023 Since Covid
By:Justicia Shipena The national occupancy rate for the first quarter of 2023 displayed excellent results since the start of the global Covid-19 pandemic. In the first quarter of 2023, the occupancy rate was on average 36.5%, according to a Simonis…
GIPF Approves Investment In 146 MW Renewable Energy Generation
By:Fransina Nghidengwa The country’s biggest pension saving fund has approved an additional investment to generate 146 megawatts of power, coming online in the national grid in the next 12 months. The Government Institutions Pension Fund (GIPF) Chief Executive Officer, David…
Minimum Wage Recommendations Report With Utoni Nujoma …Minister to to decide whether to make It public or not
By:Justicia Shipena The content of a report by the Minimum Wage Commission, has been in the hands of Labour Minister Utoni Nujoma for more than a year without action. In February 2021, Nujoma appointed the Commission and tasked it with…
More Than Peace Needed For Dignified Life – Geingob
By:Uakutura Kambaekua President Hage Geingob says that government is aware that people need more than peace and harmony to live a dignified life. Geingob said this on Saturday while inaugurating the Community Legacy Centre at Etoshapoort near Outjo. “Although we…
FNB To Re-purpose SME Value Proposition To Expand SME Success
By:Fransina Nghidengwa First National Bank (FNB) Namibia on Monday relaunched an updated SME value proposition to further support small-medium enterprises (SMEs). FNB Namibia Chief Executive Officer Erwin Tjipuka said they are also launching the Credit Guarantees Scheme to assist SMEs…