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N$71 Million For Etosha National Park roads Rehabilitation
By:Hertha Ekandjo The environment and tourism ministry will spend N$71 million on the rehabilitation of roads in the Etosha National Park. In response to allegations that the park is in disarray with roads and other facilities in terrible conditions, the…
Fuel Consumers Safe For December …as Russian oil sanctions set to kick in
By:Justicia Shipena Mines and energy ministry’s petroleum economist Abednego Ekandjo says that at least for December fuel consumers are safe. The mines and energy ministry on Friday announced that diesel prices will decrease by 125 cents per litre and petrol…
Mines Ministry Yet To Confirm Xinfeng Has Stopped Exports After Deadline Day
By;Hertha Ekandjo The mines and energy ministry has yet to visit the operations of Chinese mining company Xinfeng to ascertain whether it has stopped shipping tonnes of lithium ore to China. Last month the ministry said it had granted Xinfeng…
Hyphen, RWE Sign MoU To Buy 300000 Tonnes Of Namibian Green Ammonia
By:Staff writer Hyphen Hydrogen Energy, the company in talks with government over a planned US$10 billion green hydrogen project in the south of the country, has recently signed a memorandum of understanding with the German multinational energy company RWE AG…
NBL Launches ‘Take A Second’ Campaign
By:Staff Writer Namibia Breweries Limited (NBL), a subsidiary of the Ohlthaver & List (O&L) Group, launched their latest responsible drinking campaign called, ‘Take a Second’. This latest edition to NBL’s longstanding commitment to responsible drinking was announced alongside the company’s…
Credit Extended To Foreigners Continues To Climb Bars
By:Justicia Shipena Credit extended to foreigners or non-residents in Namibia which includes both foreign firms and individuals has increased notably in recent months. This is according to a Simonis Storms report on private sector credit extension for the month of…
Windhoek City Council In Limbo
By:Justicia Shipena Independence Patriots for Change (IPC) councillors have walked out of the the City of Windhoek (CoW) council chambers yesterday, reasoning that the house was “not in order”. The city council was convened to elect new office bearers for…
‘Struggle Kids’ Want Recognition As Veterans
By:Ludorf Iyambo The children of the liberation struggle have given the defence and veteran affairs ministry two months to respond to their demands of being deregistered with the ministry of youth and sports and transferred to the defence and veteran…
NCAA Makes Loss of N$84 Million … but remains in a strong liquidity position
By:Justicia Shipena State-owned regulatory and air traffic services organisation, Namibia Civil Aviation Authority (NCAA), incurred a net loss of N$84 million during the 2021/22 financial year, according to the authority’s latest integrated annual report. “The authority has incurred an accounting…
Another ReproRate Hike Likely To Welcome 2023
By Staff writer Experts at Simoni Storm say they expect another 25bps – as opposed to 50bps – hike by the South African Reserve Bank (SARB) in January 2023, which is in line with the Forward Rate Agreement (FRA) curve,…