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B2Gold Targets 30% Reduction In GHG Emissions By 2030 …announces expansion ofFekola Solar Plant
By:Staff Writer B2Gold says it has set a target to reduce its Scope 1 and 2 greenhouse gas (“GHG”) emissions by 30% by 2030 against a 2021 baseline, the company’s president and chief executive officer, Clive Johnson has announced on the company website. “As a company, B2Gold recognises that climate change is a critical global […]
Bank Of Namibia Contributes N$80Million To SME Loan Scheme
By:Leakey Kaxwadi The Bank of Namibia says it has repackaged the Covid-19 SME Loan Scheme to address the unique challenges SMEs face in the post Covid-19 period and the ongoing geo-political tense environment. The central bank’s governor Johannes !Gawaxab said this when speaking at the relaunch of SMEs Economic Recovery Loan Scheme in Windhoek yesterday. […]
Rundu Learners Start New School In 20 Tents
By: Annakleta Haikera The awaited project school at Rundu in the Kavango East region started on Monday morning, with stranded 730 learners who have been housed in 20 tents as classrooms. The project school learners from grade 8 to 10who could not be placed at local schools. The tents were donated by the office of […]
Osino Receives Environmental Clearance Certificate For Its Twin Hills Gold Project
By: Staff writer Osino Resources last Fridaya nnounced that the Namibian Ministry of Environment, Forestry and Tourism (MEFT) has issued an Environmental Clearance Certificate (“ECC”) for the Twin Hills Gold Project which is valid for three years and renewable on a three yearly cycle. Twin Hills’ most recent technical study, a pre-feasibility (“PFS”) study released […]
BMW Motorrad International GS Trophy 2024 Namibia Staff writer
By:Staff writer The venue of the BMW Motorrad International GS Trophy 2024 has been decided: this time the off-road adventure will take place in Namibia. Having been held on all continents around the globe, the International GS Trophy now returns in 2024 to where it all began in 2008 in Africa. Namibia’s fascinating attractions includes […]
Central Govt Borrowing Requirement Of N$82 Billion In Four Years …suggestion to limit govt power to approve foreign loans
By:Nghiinomenwa-vali Erastus In terms of the 2022/23 Fiscal Strategy of the ministry of finance, the country net borrowing requirement stands at around N$82 billion in four years. This means for the past four financial years, the government needed around N$82 billion to fill the budget deficit.Out of that, around N$19,4 billion was foreign funding. Thus, […]
Fraud Down By 80% Because Of Data Collection – MTC …nearly 1 million sim cards registered
By:Leakey Kaxwadi Mobile Telecommunications Company (MTC) says that it has reduced fraud through phones by 80% since it started collecting biometric data when registering SIM cards last year. The company came under fire from the Institute for Public Policy Research (IPPR), which questioned the legality of how MTC registers SIM cards, particularly the collection of […]
New Code Directs CPBN, Public Entities to Source From Local Namibian Suppliers in Regions, First ….. as a way to enhance economic inclusivity across all regions
By:Fransina Nghidengwa, Justicia Shipena The recently launched Code of Good Practices on Preferences in the Namibian Public Procurement System aims to stimulate economic activities throughout the country,through reservation ofcertain procurement of goods, works and services t from local (Namibian) suppliers who have met the nationality requirements in section 71(3) of the Act and the local […]
Meatco Sees Light At The End Of The Tunnel …disagrees with minister Schlettwein
By:Nghiinomenwa-vali Erastus Meatco chief executive officer Mwilima Mushokabanji has indicated that despite external factors, internally they have met all the board key performance indicators to get the company profitable. Mushokabanji said what is happening to the company cannot be attributed to Meatco’s management nor the board, but to external factors that affected raw material supply, […]
Andrada Reports Lower Emissions For 2022 Financial Year
By:Staff writer Andrada Mining Ltd, the tin producer formerly known as AfriTin, has published its inaugural sustainability report yesterday. In the report the company says it has managed to produce 8.2% less combined Scope 1 and 2 greenhouse-gas emissions from its Uis tin mine in the Erongo region than what is stated in the Equator […]