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 […]

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 […]

Nghiinomenwa-vali Erastus Health commodities in Namibia are still pricey and unaffordable to ordinary citizens despite several developments in the sector and increases in the number of public and private health facilities in the country. In fact, since 2005, the increase in health facilities, professionals and the introduction of various technologies in the sector only pushed […]

By:Nghiinomenwa-vali Erastus The Namibia Business Angel Network (NABAN) held its quarterly pitch event, bringing together a diverse group of entrepreneurs, investors and industry experts to support and nurture the startup ecosystem in Namibia. NABAN, a group comprising individuals from various professional backgrounds and industries, aims to stimulate economic growth by connecting investors with promising startups. […]

By:Nghiinomenwa-vali Erastus Mobile Telecommunications (MTC) has assured the Ongwediva Annual Trade Fair Preparatory Committee (OATF-PC) of its commitment to continue being the main sponsor of the fair. This was done through a sponsorship amount of N$385,000, during a gala dinner hosted in the northern town of Ongwediva over the weekend. As a result, MTC remained […]

By: Annakleta Haikera Former President Hifikepunye Pohamba said the Nkurenkuru  Expo 2023 provides an opportunity to unlock investment opportunities in the town which is the administrative capital of the Kavango West region. He said this in a speech delivered on his behalf by his Special Assistant Frans !Gaoseb at the launch of the fourth edition of the […]

By:Nghiinomenwa-vali Erastus About 82% of the country’s estimated 2,5 million population are at the mercy of the public health system as they are not medically covered. The latest medical insurance coverage shows that only 441,777 are benefiting from medical coverage in the country, in both the public and private sectors. This means that 17% have […]

By: Justicia Shipena Finance Minister Iipumbu Shiimi has tabled a bill in the National Assembly aimed at overhauling the Banking Institutions Act of 1998 in order to give more authority to the Bank of Namibia (BoN) in resolving failing banking institutions. The bill aims to “enhance the Bank of Namibia’s powers to resolve failing banking […]

By:Nghiinomenwa-vali Erastus Yesterday was commemorated as a Micro, Small and Medium-sized (MSMEs) Enterprises Day. On the occasion, the Manager for MSME Ecosystem Optimisation at the Namibia Investment Promotion and Development Board, Claudia Capelao, wrote an opinion piece, stating that often small businesses are touted as the backbone of the economy. One would hope that “we’d […]

By:Nghiinomenwa-vali Erastus The private sector has indicated that access to policymakers on time is their main recommendation to the government in the journey of economic transformation. In his State of Business Address (SoBA) delivered yesterday, the President of the Namibia Chamber of Commerce and Industry (NCCI) Bisey /Uirab said,”turbulent times require timely decisions.” /Uirab indicated […]