By:Justicia Shipena Mines and energy ministry’s petroleum economist Abednego Ekandjo says that at least for December fuel consumers are safe. The mines and energy ministry on Friday announced that diesel prices will decrease by 125 cents per litre and petrol prices will remain unchanged. This is set to be effective as of 7 December 2022. […]

By;Hertha Ekandjo The mines and energy ministry has yet to visit the operations of Chinese mining company Xinfeng to ascertain whether it has stopped shipping tonnes of lithium ore to China. Last month the ministry said it had granted Xinfeng permission to transport crushed lithium ore from its mine to the port of Walvis Bay […]

By:Staff writer Hyphen Hydrogen Energy, the company in talks with government over a planned US$10 billion green hydrogen project in the south of the country, has recently signed a memorandum of understanding with the German multinational energy company RWE AG that could see the latter buying up to 300000 tons of green ammonia per year […]

By:Justicia Shipena Credit extended to foreigners or non-residents in Namibia which includes both foreign firms and individuals has increased notably in recent months. This is according to a Simonis Storms report on private sector credit extension for the month of October 2022. This comes as credit uptake by the private sector slowed in October 2022, […]

By:Justicia Shipena Independence Patriots for Change (IPC) councillors have walked out of the the City of Windhoek (CoW) council chambers yesterday, reasoning that the house was “not in order”. The city council was convened to elect new office bearers for the position of mayor, deputy mayor and management committee members. However, this could not take […]

By:Ludorf Iyambo The children of the liberation struggle have given the defence and veteran affairs ministry two months to respond to their demands of being deregistered with the ministry of youth and sports and transferred to the defence and veteran affairs ministry. The group yesterday took to the streets to march to the ministry of […]

By:Justicia Shipena State-owned regulatory and air traffic services organisation, Namibia Civil Aviation Authority (NCAA), incurred a net loss of N$84 million during the 2021/22 financial year, according to the authority’s latest integrated annual report. “The authority has incurred an accounting loss of N$84 million for the year ended 31 March 2022. This is partially offset […]

By Staff writer Experts at Simoni Storm say they expect another 25bps – as opposed to 50bps – hike by the South African Reserve Bank (SARB) in January 2023, which is in line with the Forward Rate Agreement (FRA) curve, which factors in about another 25bps hike in South Africa by the end of the […]

By:Annakleta Haikera A local close corporation Omnicon Investments, jointly with the regional councils of the Kavango East and West regions, have kicked off activities around the 16 Days of Activism Against Gender Based Violence(GBV), World Aids Day, and Health & Wellness Expo which will run until 10 December 2022, Human Rights Day. The main event, […]

By:Fransina Nghidengwa Minister of higher education, training and innovation Itah Kandjii-Murangi says that the Namibia Student Financial Assistance Fund (NSFAF) has provided financial assistance of N$6.99 billion to 70,233 students during the period from 2018 to 2022. Kandjii-Murangi said this during the launch of the 2023 online application at the NSFAF head office in Windhoek […]