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Namibia’s Carbon Reduction Commitment Questioned …As SDGs are said not to beon track
By:Justicia Shipena According to analyst Henning Melber, a new issue for Namibia at the UNGA will be mineral resources, specifically green hydrogen, and Namibia’s ambitions to become the continent’s energy hub. More than 140 world leaders, including President Hage Geingob, are convening at the UNGA this week to discuss critical global issues under the subject […]
Namibia: Uranium Rich,But Energy Poor …Towards energy security
By:Kuiri F Tjipangandjara (D Sci Eng) Indeed, the future looks bright for the Namibian uranium industry. The world has big hunger and thirst for uranium. What is encouraging is the fact that both the uranium prices (spot ad contract) are on the increase. Whilst meeting the global demand for uranium, Namibia can explore the windfall […]
Rising Oil Prices: A Looming Threat to Namibia’s Inflation
By:Justicia Shipena The rise in oil prices may result in higher transportation costs, which might contribute to growing inflation in Namibia. This is according to economists at Simonis Storm Securities. Inflation rates demonstrated a persistent rate below the 5% threshold for the second consecutive month. This was a little improvement above the previous month’s rate […]
Construction Sector Says Government Projects Exclude Namibians
By:Staff writer The construction sector has reiterated calls to cancel several projects, which they argue exclude most Namibians. In a statement by the Construction Industries Federation (CIF) and the Metal and Allied Namibian Workers Union (Manwu), the two entities argue that most Namibian-owned contractors are excluded due to steep financial prequalification or qualification requirements. These […]
Husab Uranium’s US$5 Billion, Largest Chinese Investment In Africa
By: Nghiinomenwa-vali Erastus The Chinese Ambassador Zhao Weiping said his country is now the largest source of foreign direct investment for Namibia and the second largest trading partner. The over US$5 billion (N$92 billion) Husab Uranium mine investment in Namibia is still the largest Chinese investment project in Africa, the ambassador stated. Weiping revealed […]
Namibian And Angolan Associations Join Forces For Joint Investments In Oil And Gas Sector
By:Justicia Shipena A Memorandum of Understanding (MoU) has been signed between Namibia and Angola to jointly explore investment opportunities within the oil and gas sector. The signing between the Namibian Association for Offshore Oil and Gas Service Providers (NAOGSP) and the Angolan Oil and Gas Service Companies Association (AECIPA) was done at the recently ended […]
South Africa and Namibia Seek Sustainable Energy Solutions
By:Justicia Shipena Minister of Mines and Energy Tom Alweendo has met with South Africa’s Minister of Electricity Kgosientsho Ramokgopain Windhoek on Friday to strengthen bilateral ties in the energy sector. The meeting spurred discussions of cooperation for green hydrogen in both countries to solve the South African Development Community (SADC) energy shortage, as well as […]
N$343 Million Karibib-Usakos Chinese Tender Pushes Forward, Amid Backlash …sector calls for project cancellation, re-advertising
By:Justicia Shipena The Construction Industry Federation (CIF) is enraged that the Karibib-Usakos road rehabilitation project is proceeding. This follows the announcement by the Roads Authority (RA) that it has chosen contractors and subcontractors for the reconstruction of the road in the Erongo region. Four local companies were appointed as subcontractors, with Chinese Zhong Mei Engineering […]
Oil & Gas Discoveries Not Automatic Economic Panacea- Alweendo
By:Justicia Shipena Mines Minister Tom Alweendo, has stressed that recent oil and gas discoveries are not an automatic solution to Namibia’s socio-economic challenges. Alweendo was addressing nearly 700 delegates from 16 nations at the Mercure Hotel in Windhoek, at the opening of the Oil and Gas Conference this week. Key actors in Namibia’s oil and […]
Namibia Understudies Ghana In Utilisation Of Oil Proceeds
By:Staff writer Namibia is understudying Ghana in the utilisation of oil proceeds for the benefit of its citizens. In line with that, a delegation from the Upper House of Parliament of Namibia paid a courtesy call on the Public Interest and Accountability Committee (PIAC) in Accra to understand petroleum revenue management and its maximisation for […]