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HDF says its Green Hydrogen Power Plant Could be Namibia’s Backup Energy Source
By: Nghiinomenwa-vali Erastus A company called HDF Energy Namibia’s which is venturing into the production of green hydrogen and related technologies says it is implementing a project with the potential of becoming the country’s quick-response power reserve. It says its project will potentially replace current carbon-intensive coal and diesel-driven backups. During a recent […]
Govt Could Slash N$6.77 Billion in Bonds by 2025
By: Justicia Shipena The government is set to reduce its outstanding bonds by 2025, with N$6.77 billion currently owed on GC24, GC25, and GI25 bonds, according to a report from Simonis Storm Securities. This figure is expected to shrink further as upcoming GC25 switch auctions are held. In their report on fixed income […]
Mbumba Welcomes Chinese Support in Agriculture Sector …As China Pledges US$51 Billion to Africa
By: FransinaNghidengwa President NangoloMbumba has called for strengthened cooperation between Namibia and China to bolster the country’s agricultural sector, emphasising the need for expertise and equipment to ensure agricultural success. Mbumba made these remarks at the ongoing Forum on China-Africa Cooperation (FOCAC) in Beijing, China. His appeal follows Chinese President Xi Jinping’s […]
Mining Sector Set to Drive Green Industrial Revolution, Study Reveals
By: Justicia Shipena A new study underscores the pivotal role of Namibia’s mining sector in driving the country’s green industrialisation efforts. The report, presented at the Global African Hydrogen Summit, recommends leveraging Namibia’s mining capabilities to advance a unified green industrialisation agenda and calls for the establishment of a supportive legislative framework […]
June Records Improved Export Earnings and Trade Deficit
By: Justicia Shipena Namibia recorded a notable improvement in trade performance in June 2024 with a 37.4% increase in export earnings, rising from N$9.4 billion in May 2024 to N$12.9 billion. According to the Namibia Statistics Agency (NSA), this surge was driven primarily by the mining and quarrying sector, which contributed significantly to the […]
High Input Costs Threaten Pork Industry Growth Amid Declining Imports
By: Hertha Ekandjo Local pork farmers face significant challenges that hinder the industry’s growth and sustainability. On the one hand, there is a huge opportunity to supply pork to the local market due to heightened demand driven by the sharp decline in pork imports over the past few years. On the one hand, […]
Namibia Introduces Visa on Arrival for 56 Countries
By: Justicia Shipena Namibia has taken a significant step in facilitating international travel by launching visas on arrival for nationals of 56 countries, including 27 from Africa and 29 from other parts of the world. The announcement was made by the Minister of Home Affairs, Immigration, Safety, and Security, Albert Kawana, during a […]
SADC Tourism Operators Missing Out on Digital Revolution
By: Staff writer There is a need for SADC tourism operators to urgently embrace digital transformation if the region wants to remain competitive, according to a new skills audit report from the SADC Business Council. The widespread adoption of digital technologies and online platforms has become integral to tourism operations worldwide. However, many SADC […]
SADC States Told to Address Youth Unemployment to Maintain Peace in the Region
By: Dwight Links SADC Permanent Secretary, Elias Magosi, has called on member states to address challenges facing the youth including unemployment which he says remains a critical issue in the regional bloc. Magosi said if the issue of youth unemployment and related challenges facing young people in SADC are not addressed, it has […]
African Ports Missing Out on Surge in Conflict-Avoiding Ship Traffic
By: Staff Writer Logistics experts have highlighted that African ports, including those in Namibia, are failing to capitalise on the increased ship traffic steering clear of attacks by Houthi rebels in the Red Sea. The continent’s inefficient and ageing ports lack the capacity to accommodate the heightened volumes, experts noted. “Most ports in […]