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Namibian Construction Pipeline Decreases

27 March 2023

By:Laban Rasalus Namibia’s construction industry has been looking bleak as it decreased in recent months. Despite the building plan data from both Windhoek and Swakopmund showing a slight growth on monthly basis in those plans that were approved during February this year, the analysts at Simonis Storm Securities say there has been a decrease by […]

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Six of 20 Commercial SOE Declared Dividends In 2 Years

27 March 2023

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 […]

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Telecom Namibia ReadiesTo Deploy 5G Services Using Its Fibre Network

24 March 2023

By:Staff writer Telecom Namibia, which recently celebrated its milestone 30th anniversary says it is committed to deploy a fifth generation (5G) network in the country. The company aims to spearhead a digital transformation journey to support the country’s Vision 2030, Fourth Industrial Revolution, the fifth National Development Plan and Harambee Prosperity Plan II objectives — […]

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Electric Power Generation And Distribution Inflation Spikes

24 March 2023

By:Justicia Shipena The annual inflation for Namibia’s electric power generation, transmission and distribution declined in the fourth quarter of 2022. This is according to the Namibia Statistics Agency (NSA) in its recently released Namibia Producer Price Index bulletin. The bulletin stated that in the same period the index for electric power generation, transmission and distribution […]

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Africa’s Mining Leaders Heading To Paris For Mining Conference

20 March 2023

By:Staff writer Africa’s leaders are set to meet European stakeholders in the mining sector in Paris, France, for the sixth Mining On Top Africa (MOTA) conference from 12-13 July 2023. The conference will allow leading stakeholders across Europe to connect with mineral and metal exploration companies from Africa, to drive collaboration and partnerships for sustainable […]

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Electrification Will Drive Copper Demand To 36.6 Million Mt

15 March 2023

By:Nghiinomenwa-vali Erastus With metals demand ramping up rapidly in the face of the energy transition, new processing technologies can help meet the supply shortfall from existing operations, said McKinsey’s & Company in a mid-February article titled, “Bridging the copper supply gap”. The global management consulting firm predicts global electrification to increase annual copper demand to […]

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Roads Authority Namibia Safeguards Its Data WithParatus

13 March 2023

By:Staff writer Roads Authority Namibia (RA) is the latest client to sign up to the new Paratus Namibia Armada Data Center (DC) in Windhoek. The RA’s data migration process was fast-tracked in under 24 hours and sees Paratus now providing RA with an internet link for the eNaTIS ‘online renewal’ of license discs services as […]

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ICT Deputy Minister Says Namibia’s Spending Should Reflect Economic Recovery

10 March 2023

By:Justicia Shipena The deputy Minister of Information and Communication Technology Emma Theofelus has called for Namibia’s spending priorities to reflect economic recovery and growth. Theofelus made this call during the national budget debate in the National Assembly this week. According to her, this can be achieved through the proper and timely implementation of policy initiatives […]

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Nampower Localised Preferential Procurement Increased By N$87 Million

10 March 2023

By:Nghiinomenwa-vali Erastus Nampower has procured more from local entrepreneurs, especially those that are owned by previously disadvantaged Namibians, during the 2022 financial year. According to the power utility’s annual report, the company has increased its localised preferential procurement by N$87 million, compared to an increase of N$1.3 million in 2021. As a result, the company […]

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What Namibia Can Learn From Qatar On Gas Development And Monetisation

1 March 2023

By:NJ Ayuk When I was working on my 2019 book, ‘Billions At Play: The Future of African Energy and Doing Deals’, I wrote that Qatar was well on its way to achieving its goal of becoming the “Gas Capital of the World.” The tiny country is home to some of the largest gas-to-liquid (GTL) plants […]

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