By:Staff writer The Road Fund Administration (RFA) has iced its plans for a nation-wide toll road system, the parastatal announced on Tuesday. The TFA previously said it conducted a feasibility study in which it had found that 21 roads could fund N$5.8 billion in capital and maintenance expenditure over five years, possibly generating N$7.5 billion […]
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 […]
By:Staff writer Minister of Mines and Energy Tom Alweendo did not have the power to cancel a Chinese lithium miner’s licence and should have approached the courts to revoke it, a judge ruled on Tuesday. Lithium miner Xinfeng took Mines Minister Tom Alweendo to court after he cancelled the company’s mining licence in April and […]
By: Justicia Shipena Oil and gas companies must decide whether to make a financial investment before Namibian experts can publicly anticipate the growth of the sector, economist and director of Cirrus Capital, Rowland Brow, said in an interview with Eagle FM. He explained that it is not that economists are unable to predict the industry’s […]
By:Nghiinomenwa-vali Erastus Staple food producer Namib Mills has announced that it will decrease prices on wheat flour, maize meal and instant maize porridge. The company announced this in a statement released on Thursday, stating the decrease is in response to global wheat prices that went down, and increased maize supply. Thus, halting the upward movement […]
By:Hilya Ngolo Debmarine Namibia has donated state-of-the-art endoscopy equipment to the Swakopmund District Hospital through the Ministry of Health and Social Services(MoHSS). Speaking at the official handover of the donation, Health Minister Kalumbi Shangula said the equipment will strengthen the provision of surgical care by providing reliable and timely diagnostic and interventional endoscopic procedures for […]
By:Uakutura Kambaekua’s Former Kamanjab Constituency Councillor Engenesia Tjiretje-Ensingue is one of the beneficiaries of the Kamanjab Build Together initiative and has reportedly fallen behind on their home payments for the previous nine years. The Kamanjab Council has not received a single penny from Tjiretje-Ensingue since 2014, when she acquired the loan, according to a source […]
By:Justicia Shipena Deputy Director-General of the International Renewable Energy Agency (IRENA) Gauri Singh, at the Women Energise Women Conference in München, Germany, expressed the need for women to be included in the decision-making process regarding how energy is produced and consumed. The second edition of the conference, with the theme “Financing the energy transition and […]
By:Nghiinomenwa-vali Erastus For the first three months of 2023, the country spent N$111.1 million to import 10 of its most consumed horticultural products. This is detailed in the 2023 first-quarter Agriculture and Fishing Indicators Statistical Bulletin released by the Namibia Statistics Agencylast week. The most imported horticulture products for the three months are apples, vegetables, […]
By:Nghiinomenwa-vali Erastus A private party – be it an individual or company – may identify a project that meets certain requirements and propose it to the government to be implemented under the Public Private PartnershipAct as a PPP project. However, after the feasibility and transaction approval of the proposed project, the government will still go […]