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Innovation in finance is vital for future economic growth
By:Jerome Mutumba As the economy evolves and as new needs become apparent, it is vital that enterprise and infrastructure finance evolves as well. If not for this evolution, the economy will begin to lag, in terms of providing an enabling environment for economic activity, solving issues, and in terms of national competitiveness on the regional […]
Regional Partnerships Needed ForDeveloping Opportunities In Green Hydrogen
By:Staff writer Public–private partnerships (PPPs) will be crucial in building awareness and implementing the broad array of mutual advantages between Namibia and South Africa that are needed for developing green hydrogen opportunities for the benefit of the Southern African region, Freeport Saldanha CEO Kaashifah Beukes has said. Freeport Saldanha, in partnership with Siemens Energy Southern […]
Govt Injects N$15 Million For Mini Desalination Plants
By:Nghiinomenwa-vali Erastus The ministry of agriculture, water and land reform has given the Environmental Investment Fund (EIF) N$15 million to invest in water-softening systems (mini desalination plants) across 10 regions, the Fund announced the capitalisation last week. The collaboration came after the agriculture ministry sought legal advice from the Attorney General’s office from which clearance […]
Open Banking- Customer Data Sharing Will Open March 2024
By:Nghiinomenwa-vali Erastus Come 2024, the financial sector, mostly the commercial banks will start giving access to their customers’ data with third party providers. This includes customer transaction data, uptake of financial service, averaged data of balance information and ATM locations. The data will be used for insights, value addition, and the development of other services. […]
Bank of Namibia Announces Promotions
By: Staff Writer Bank of Namibia has announced appointments to its management structure, primarily in the Office of the Governor, the Oshakati Branch, and the Banking Supervision Department, according to a statement issued by the bank’s spokesperson, Kazembire Zemburuka. Romeo Nel, a long-serving Director of Banking Supervision, has been appointed Technical Advisor to the Governor. […]
Ritja Takes Career Fair To Omaheke Schools
By: Uakutura Kambaekua Ritja Career Fair will host its first education seminar of the year this week at various schools in the Omaheke region in a bid to build and nurture a cohesive comprehension of after-school life. Formed in 2013, Ritja is a grass-roots, not-for-profit organisation founded under the patronage of Khomas regional governor Laura […]
British Airways Signs Codeshare With AirLink
By: Staff writer British Airways has announced a codeshare partnership with Airlink, improving connectivity between the UK, Europe, North America and more than 15 destinations in Southern Africa. With bases in Johannesburg, Cape Town, and Durban in South Africa, Airlink is a premium regional airline with a wide-reaching network of cities in 14 countries, including […]
N$24.1 Million Paid For Losses Caused By Wild Animals
By: Justicia Shipena The Government has paid N$24.1 million for losses caused by wild animals countrywide since 2019, the ministry of environment and tourism has revealed in its human-wildlife conflict update yesterday. The ministerial spokesperson Romeo Muyunda said in 2021 the ministry, through the conservancy programme, employed a total of 3 548 workers, comprising of […]
Uutoni Charges Ministry Staff To Deliver
By: Fransina Nghidengwa Urban and rural development minister Erastus Uutoni has lashed out at the ministry’s staff over issues such as poor service and infrastructure maintenance as he addressed the annual staff meeting yesterday. Uutoni said currently communities are losing their land because of a lack of understanding of the land policy. The rural development […]
NamRa Introduces Tough Conditions For Ex-UK Second Hand Cars
By: Staff writer The Namibian Revenue Agency (NamRA) says the loss of revenue due to dishonest importers is what led to amendments to custom laws effective 1 March. The amendments mean that any second hand car transiting through Namibia can only do so in a car trailer and not on its own wheels. “The amendments […]