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N$5.3bInvested In Renewable Energy Generation

26 May 2023

By:Nghiinomenwa-vali Erastus From 2014, local and foreign investors have poured in N$5,3 billion to generate electricity from alternative/renewable sources in the country, the Electricity Control Board’s (ECB) Chief Executive Officer, Robert Kahimise, said. The N$5,3 billion includes investment by the independent power producers (IPPs) under Namibia’s Renewable Energy Feed-In Tariff (REFIT), together with NamPower’s renewable […]

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Radio Is The Preferred Medium For Receiving News

24 May 2023

By:Nghiinomenwa-vali Erastus In a survey conducted last year, Vision Africa Research Services has highlighted that 40,7%people depend more on radios for their news and other information. The Internet was the second source at 23,6%, followed by TV. Newspapers are the third source of news. The survey results are contained in the Communication Regulatory Authority of […]

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SMEs To Get Option To Exchange Shares For Capital Soon

22 May 2023

By:Nghiinomenwa-vali Erastus As part of the national Small to Medium Enterprises (SMEs) Financing Strategy, the country will soon launch its own Venture Capital Fund, that will be exchanging capital for equity in high-growth SMEs. The Development Bank of Namibia (DBN) announced last week that it is in the process of developing and establishing a Venture […]

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Fueling The Recovery: Oil And Gas SMEs Find Support In Namibia’s Loan Scheme

22 May 2023

By:Justicia Shipena In Namibia, the Small and Medium-sized Enterprises (SMEs) Economic Recovery Loan Scheme has extended its support to an array of industries, including the crucial oil and gas sector. Acknowledging the significance of this sector in the country’s economy, the Bank of Namibia (BoN) has confirmed that SMEs operating within the oil and gas […]

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Nam Advised to Formulate Mining in Wildlife-Concentrated Areas

22 May 2023

By:Nghiinomenwa-vali Erastus The recent three-day National Conference on Human Wildlife Conflict Management has recommended that rural communities take ownership of conservancies and reduce control by non-members. This is included in the summary of the resolutions that were made during the country’s first National Conference on Human Wildlife Conflict Management deliberations. Minister Of Environment, Forestry and […]

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Nam Sources Pork Meat From EU Markets

19 May 2023

By: Nghiinomenwa-vali Erastus The Meat Board of Namibia said for the first three months of 2023, 68.5% of Namibia pork need was serviced by imports, inclusive of offal and processed products. Tthree-month assessment has revealed, showing the agri opportunities the country possesses for utilization by entrepreneurs. Due to the huge domestic demand, local retailers went […]

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O&L Gets Permit To Construct N$350 Million Solar Park In Germany

19 May 2023

By: Staff writer O&L Nexentury GmbH, a subsidiary of the Ohlthaver & List Group, has been granted the advanced water management permit (“gehobene wasserrechtliche Erlaubnis” in German) for the construction and operation of a floating solar photovoltaic park. The permit, from the District Administration Office of Karlsruhe, Germany, will be country’s largest, valued at N$350 […]

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NamibiaExports 30,436 Heads Of Live Cattle To SA, Says Meatco Report …almost all of the live export are weaners

17 May 2023

By:Nghiinomenwa-vali Erastus Up to 30,635 heads of cattle left the country during the first three months of 2023 relative to 28,972 heads exported during the same period in 2022, according to the Livestock & Meat Industry Q1 Review released by the Meat Board at the end of April. The South African market accounted for 99.4% […]

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Mathematics Is The Queen Of Science, Says Education Executive

10 May 2023

By:Nghiinomenwa vali Erastus “The knowledge of numbers and their basic operation is essential to survive in today’s world,” said Edda Bohn, deputy Director in the Ministry of Education, Arts and Culture. Bohn was speaking at the recent Bank Windhoek’s Capricorn Foundation two-day workshop for the Grade 4 mathematics teachers. She described mathematics is the queen […]

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Labour Minister Call For Better Contracts To Mitigate Mine Closures

8 May 2023

  By:Nghiinomenwa-vali Erastus The Minister of Labour, Industrial Relations and Employment Creation has called on the mining industry to come up with contracts that can lessen the impact of mine closures given the volatility of mineral commodities. Utoni Nujoma said this as he delivered the keynote address at the 12th Congress of the Mineworkers Union […]

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