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Namibia / Page 52

Regional Council and Education Directorate Distance Themselves From Overpriced Furniture Tender

5 March 2024

  By: Annakleta Haikera   The Kavango West Regional Council and the region’s Directorate of Education have distanced themselves from the procurement process regarding alleged overpriced furniture for Himarwa Iithete Secondary School. The Ministry faced criticism for purportedly spending N$1.5 million on school furniture tender which was awarded to a company specialising in printing and […]

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Green Hydrogen Projects Boosted With N$19 Million Funding… green industrialisation blueprint set for Cabinet presentation in March

5 March 2024

  By: Justicia Shipena   Namibia Hydrogen Fund Managers (Pty) Limited (Nam-H2), a subsidiary of the Namibia Green Hydrogen Programme (NGHP), has successfully secured just under N$19 million (equivalent to approximately US$1 million) in funding. Green Hydrogen Commissioner James Mnyupe revealed this during an update on the green hydrogen programme on Thursday. Mnyupe specified that […]

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Budget Hits N$100 Billion Milestone … cause for celebration or concern?

5 March 2024

  By: Nghiinomenwa-vali Erastus   After fluctuating between N$60 billion and N$86 billion for eight years, the treasury, under the guidance of the central government, has propelled the national budget by approximately N$10 billion, reaching the significant N$100 billion mark. This increase, from N$89.0 billion in the current financial year, signals an intention to allocate […]

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Construction on the Dr. Abraham Iyambo Primary School to Resume

5 March 2024

  By: Loise Shiimi   The construction of the Dr. Abraham Iyambo Primary School, which was abandoned in 2017, is on the brink of revival after seven years of stagnation. The school project,  located in Windhoek’s Moses Garoeb constituency, was halted in 2017 due to concerns about the site’s location on a hill, which posed […]

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Omuthiya To Spend N$1.3 Million on Stormwater Infrastructure

5 March 2024

  By: Juliana Iikela   Omuthiya Town Council is set to invest N$1.3 million in stormwater infrastructure to address continuous terrestrial runoff issues plaguing the town’s roads and shopping complexes due to rainfall in recent years. The announcement of this financial commitment to the town’s development was made during the handover of the stormwater infrastructure […]

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‘Extreme Poverty Still Rampant in Namibia’ – Civil Society Groups

5 March 2024

  By: Hertha Ekandjo   Civil society representatives from various regions across Namibia have expressed grave concerns over the enduring levels of poverty and desperation among ordinary citizens despite the potential the country possesses. These sentiments were echoed in submissions received and compiled by the Institute for Public Policy Research (IPPR) this week, following engagements […]

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Enertrag CEO Expresses Optimism About Namibia’s Green Hydrogen

4 March 2024

  By: Dwight Links   Enertrag’s chief executive officer, Tobias Bischof-Niemz, has expressed optimism about Namibia’s green hydrogen initiatives saying the country has a potential to industrialise through investments and the production of green hydrogen. Bischof-Niemz, who was speaking at the International Energy Agency conference, is also an advisor to Hyphen Hydrogen Energy, the German […]

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Govt To Pay Back N$2.3 Billion In GC24 Redemption

29 February 2024

    By: Nghiinomenwa-vali Erastus   Depending on the outcomes of the lined-up switch auctions in the next six months, the government would need to repay the N$2.3 billion borrowed through the GC24 internal registered bond over the years. Data from the Bank of Namibia, which borrows on behalf of the government, indicates that the […]

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China’s Yintai Gold Acquires Osino Resources for N$5.2 Billion

29 February 2024

    By: Staff Writer   Chinese mining company Yintai Gold has emerged as the foreign entity that persuaded Osino Resources to abandon Dundee Precious Metals’ N$4 billion takeover offer in favour of its superior N$5.2 billion cash acquisition. Yintai Gold’s acquisition marks another significant Chinese presence in Namibia’s natural resources sector, joining Beifang at […]

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Trade Union Eyes Promised Salary Hikes in 2024 Budget

29 February 2024

By: Justicia Shipena   The Trade Union Congress of Namibia (Tucna) Secretary General, Mahongora Kavihuha, is hopeful that the 2024 national budget will honour the promised salary increments for civil servants. In November last year, the Namibia Public Workers Union (Napwu) announced a monthly salary increase of N$600 for employees in grades 15 and 14, […]

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