Search in the website:
Technology / Page 7
Namcor Turmoil Continues as Mulunga Fights for Reinstatement
By:Justicia Shipena Suspended Managing Director of the National Petroleum Corporation of Namibia (Namcor) has recently surfaced to fight his suspension. Taking legal action, he has hired Jermaine Muchali Attorneys as his legal representation to challenge his suspension. Mulunga has labelled his suspension as ‘unlawful’ in a letter dated 22 May 2023 to Namcor’s board chairperson […]
Paratus Signs Partnership For Retail Outlets In Informal Sector
By:Staff writer Paratus Namibia has signed a partnership deal in which it has branded three shops in informal areas in Windhoek where its Mobile LTE services are advertised and sold. The three existing shops in Soweto, Otjomuise and Okuryangava sell Paratus products and services to a previously untapped market; community members given training, jobs, and […]
Broadcasting Industry Reaps Rewards With 6% Revenue Boost
By:Justicia Shipena According to the Communications Regulatory Authority of Namibia (Cran), the broadcasting industry saw a 6% increase in income in the final quarter of 2022. Cran published its fourth-quarter 2022 Telecommunications, Broadcasting and Postal Sector statistics on Thursday. The report gave an overview of mobile broadband, fixed line and other subscribers, including fixed internet […]
Namcor Makes N$114 Million After-Tax Profit
By:Justicia Shipena The National Petroleum Corporation of Namibia (Namcor) made an after-tax profit of N$114 million in fiscal year 2021/2022, according to itsjust released annual report. “Namcor made an after-tax profit of N$114 million for the period under review, compared to a loss of N$133 million in the previous financial year,”said Managing Director Immauel Mulunga, […]
Namibia Secures Funding For Climate Readiness Project …Funding to support green hydrogen feasibility study
By:Justicia Shipena A seven-month project by the Environmental Investment Fund of Namibia (EIF) will support a feasibility study on the three valleys of the Green Hydrogen Strategy, among others. The EIF on Tuesday announced it has successfully secured funds for the project titled, ‘Green, Resilient Recovery Rapid Readiness Support in Namibia’. The secured funding from […]
Namibia Looks East For Green Hydrogen Partnerships
By: Staff writer The administrator of the National Energy Administration of China, Zhang Jinhua, on Friday paid a visit to Namibia President Hage Geingob. The visit is aimed at establishing cooperation in the area of green hydrogen production. Namibia is positioning itself as a future green hydrogen producer to attract investment from the globe’s leading […]
Paratus Powers Equiano Cable System With Infinera’s ICE6 800G
By:Staff writer With the landing of the Equiano submarine cable in June of 2022 in Namibia, the Paratus Group has established a partnership with Infinera, a pioneer of advanced optical networking solutions, in order to provide better services in the coming months. Infinera is a top global provider of optical transmission equipment, with innovative infrastructure […]
Network Operator, Bank Combine To Gift Athletes Houses
By:Annakleta Haikera MTC Chief Human Capital Tim Ekandjo says there is a need to facilitate the provision of decent housing in the country, emphasising that corporate smart partnership should strive to aid the government’s effort in curbing the housing shortage in the country. He made these remarks on Monday during the official handover of two […]
Six of 20 Commercial SOE Declared Dividends In 2 Years
By:Nghiinomenwa-vali Erastus Only five commercial public entities plus Namdeb have declared dividends to their main shareholder, the government, in the past two years, according to the Ministry of Finance and Public Enterprises. These are Namibre, NASRIA, Bank of Namibia, Namdia and Namibia Post and Telecom Holding (NPTH), the parent company of Telecom Namibia, MTC and […]
Effects Of Covid-19 Pandemic-Triggered Lockdown Still Haunts Telecom Namibia
By:Staff writer Despite having been one of the companies enabling connectivity throughout lockdown, Telecom Namibia is still reeling from the effects of the pandemic and the resulting “slow turnaround in the supply chain”. This was revealed by the company’s Chief Executive Officer Stanley Shanapinda in a recent interview with The Villager. Asked how the current […]