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Namibia / Page 127
AfriBlocks Leverages KyckGlobal’s Cross-border Payments To Connect African Freelancers To Global Firms
By:Staff writer AfriBlocks, the Pan-African freelance talent marketplace, has recently integrated with KyckGlobal to offer the Visa push-to-card payment method for freelancers in four African countries – Kenya, Zambia, Ghana, and Namibia. This move aligns with AfriBlocks’ mission to provide affordable payment solutions to African contractors. It will also enhance the gig-economy’s technology infrastructure on […]
GIPF Jerked Up Pensioners Purchasing Power By 5.46%
By:Nghiinomenwa-vali Erastus Government Institutions Pension Fund (GIPF), 45,497 pensioners will receive more on their monthly annuities after the Fund jerked up the benefits this month. The increase of 5.46% comes after the 4.62% increase for 2022/2023 financial year, GIPF announced last week. The pension benefit increase was effective 1 April 2023. According to the Fund, […]
Minister Itah Kandjii-Murangi Urges Higher Learning Institutions To Align Teaching To New Economic Realities
By:Nghiinomenwa-vali Erastus Higher learning institutions have been directed to align their courses with the country’s economic development agenda. This is the message of the Minister Of Higher Education, Technology and Innovation, Itah Kandjii-Murangi. She called for the labour force to be equipped with skills which are inline with new economic sectors such as oil, hydrogen […]
NABTA Says Proposed Fuel Levy Increase Will Cost Drivers
By:Hertha Ekandjo Namibia Bus and Taxi Association (NABTA) Secretary General Pendapala Nakathingo, says Namibian drivers cannot afford a spike in fuel prices. This comes after the Road Fund Administration (FRA) said, in order to meet a N$4.3 billion funding gap for road upgrades and maintenance, it needs an increase in the fuel levy. The fuel […]
Cost Of Consumables Increased By More Than 5% …back gardens, side hustles, or dig more on your wallet
By:Nghiinomenwa-vali Erastus Money became expensive last week for those who plan to borrow and fund their consumption. At the same time, by the end of March of 2023, 50% of consumable prices have gone up by 5%. The latest inflation figures from the Namibia Statistics Agency for March 2023 show that out of the 12 […]
Namibia Gets N$1.8 Billion Loan To Address Water Issues
Justicia Shipena, Annakleta Haikera The African Development Bank (AFDB) has granted Namibia a loan of N$1.8 billion for its water sector support programme (NWSSP). Agriculture Minister Calle Schlettwein, made this revelation during the weekend’s celebration of the Samora Machel and Moses ||Garoëb constituencies’ open defecation free status. The NWSSP is designed to cover critical, urgent […]
Namibian-Chinese Joint Venture To Build 50 MW Wind Power Plant
By:Staff writer Namibia’s power utility, NamPower, and CERIM Luderitz Energy, a joint venture between Energy China and locally owned Riminii Investments, on Monday signed power purchase and transmission connection agreements. This is to develop a 50 MW wind power plant in the coastal town of Luderitz, southwestern Namibia. The envisaged wind power plant will be […]
Student Funding And Debt Forum Scheduled For Saturday
By:Nghiinomewa-vali Erastus The Namibia National Students Organisation (Nanso) has announced that it will host a Student Funding and Debt Forum on the 22 April. In a statement released on Wednesday, the student body said it will host students to discuss their challenges regarding education funding. The Forum is themed, ‘Addressing the Student Debt and Funding […]
Investment By Corporates Delivers 395 Houses …government promises to capitalise SDFN with N$10 million
By:Nghiinomenwa-vali Erastus Three corporate leaders have invested N$18 million for the construction of 395 houses across the country, the Shack Dwellers Federation of Namibia (SDFN) has revealed. Ohorongo Cement, the FirstRand Namibia Foundation and the Pupkewitz Foundation partnered to support the construction of the 395 low-income houses since 2016. At the ground breaking ceremony held […]
IPPs Want To Export Electricity To The Southern Africa Power Pool
By:Nghiinomenwa-vali Erastus The Electricity Control Board is (ECB) reviewing 17 renewable energy generation licence applications, most of which want to generate electricity to sell it to the Southern Africa Power Pool. This is despite Namibia’s own significant generation deficit, which led to the country importing around 70% of its power from Zambia, South Africa, Zimbabwe, […]