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Embrace Corporate Social Responsibility For Mutual Benefits – Bank Windhoek MD
By: Nghiinomenwa-vali Erastus Bank Windhoek’s Managing Director, Baronice Hans says corporate social responsibility establishes a mutually beneficial relationship with communities. This, she said, consequently paves the way for a prosperous and sustainable future. Hans was speaking at launch of the 23rd edition of the Bank Windhoek Cancer Apple Project. She added that “the success and […]
Namibia’s Ability To Empower Women A Mixed Bag …adolescent birth rate and inactive female youth lower the country’s rating
By: Nghiinomenwa-vali Erastus Namibia scored 0.617 out of 1.000 in the Women Empowerment Index (WEI), thus being classified as a ‘Lower-middle women’s empowerment country’ out of the 114 countries assessed. In terms of the Global Gender Parity Index (GGPI), the country has scored 0.856 out of 1.000. This is according to a new global report […]
Ceteris Paribus, Hydrogen Production Promise Excess Utilities Generation …With Lüderitz and |Aus expected to benefit
By: Nghiinomenwa-vali Erastus A summary of the Socio-economic Development (SED) Framework has proposed to produce excess water and electricity that the towns of Lüderitz and |Aus can take up. The hydrogen project, which is currently at the feasibility stage, plans to generate 3.5GW of renewable energy – both solar and wind – by 2027. As […]
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 Energy Namibia, highlighted this in a statement released this week. The project, which is under […]
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 of payment have proliferated into more than 10,000 variants since the 2009 debut of Bitcoin, […]
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 itself as a major contributor to the local economy; noting that the six mines in […]
Food Waste Challenge Winner Announced
By:Staff writer Ndasilohenda Katangolo-Nakashwa of Ndinandali farm in Opuwo has emerged as the 2023 Capricorn Foundation Food Waste Challenge overall winner. Capricorn Foundation launched the Foundation Food Waste Challenge in April this year, to address the issue of food waste in Namibia and create employment for Namibians. As a result, Katangolo-Nakashwa walked away with a […]
Nam Imported N$4,4 Billion Worth Of Goods Within Africa In May
By:Nghiinomenwa-vali Erastus Namibiaimported goods worth N$4,4 billion from Africa during May 2023, out of the total N$12.1 billion the country had spent on imports. This is according to the May 2023 trade statistics issued by the Namibia Statistics Agency. Since most of Namibia’s trade is concentrated within SACU with South Africa accounting for 33.6%, the […]
Lobito Oil Refinery Will Be The Biggest In Angola And Southern Africa … with 200,000 barrels per day
By:Nghiinomenwa-vali Erastus The planned Lobito Oil Refinery, in which Angola offered Namibia equity, will be the largest in Angola, with 200,000 barrels per day expected to be refined at that coastal town. This is according to a presentation madeto a Namibian delegation by the Sociedade Nacional de Combustíveis de Angola (Sanangol), a company that oversees […]
Billion Dollar 100MW Planned Solar To Feed The Grid And Export
By:Nghiinomenwa-vali Erastus O&L Nexentury’s planned N$1 billion solar plant will be connected to one of Nampower’s largest substations and feed in the country grid. The plant, which will be the country’s largest, will contribute to the local generation as an independent power producers. O&L Nexentury announced this in a statement on Friday, stating that “the […]