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News / Page 23
Mbumba Calls on Southern Leaders to Promote Youth Education for Emerging Sectors
By: Staff Writer President Nangolo Mbumba has called upon leaders in the southern regions to prioritise education for their youth, emphasising the importance of higher education in preparation for the burgeoning green hydrogen and oil and gas sectors set to flourish in southern Namibia. Mbumba’s appeal follows concerns raised by Namibia Green Hydrogen Council […]
Tweya Urges Namibia to Harness Uranium for Domestic Energy Production
By: Dwight Links The Chairperson of the Parliamentary Standing Committee on Natural Resources, Tjekero Tweya, has recommended that Namibia, being a significant uranium producer, capitalise on the resource beyond mere exportation. The parliamentarian emphasised the importance of understanding uranium’s potential contribution to Namibia’s energy development during his attendance at the Atom Expo in […]
Lüderitz Presents Opportunities for Economic Diversification
By: Nghiinomenwa-vali Erastus Various industries such as oil and gas, as well as green hydrogen, planned for the //Karas Region, with many centred around the Lüderitz local authority, are poised to elevate Namibia’s diversification efforts. During his visit to the southern region, Bank of Namibia governor, Johannes !Gawaxab, acknowledged this significant potential. President […]
NBL Faces Water Shortage Due to Namwater and Windhoek Usage Policies
By: Hertha Ekandjo Namibia Breweries Limited (NBL) has revealed that, despite efforts to conserve water, they are only permitted to utilise 20% of it from their private aquifers due to restrictions imposed by the City of Windhoek and NamWater. Peter Simons, Managing Director of NBL, explained during the company’s Half-Year Financials Announcement in […]
Over N$380k Invested to Organise the Ruacana Easter Tournament
Loise Shiimi The Ruacanna Town Council this year spent over N$380 000 to host its 11th Easter tournament in a bid to boost the town’s economic development and boost domestic tourism through sports. Of that amount, close to N$150,000 was earmarked for prizes. Simaneka Nendongo, spokesperson for the Ruacana Town Council, highlighted in an […]
Windhoek Draught Loses Market Share Despite Dominating As Top Namibian Brand
By: Justicia Shipena While Windhoek Draught maintains its position as the leading brand in Namibia, it has seen a decline in its market share. Peter Simons, Managing Director of Namibia Breweries Limited (NBL), revealed this information during the company’s financial results announcement for the six-month period ending in December 2023. Simons attributed the loss […]
‘More Transparency Crucial in Namibia’s Extractive Sector’
By: Dwight Links The Institute of Public Policy Research’s director, Graham Hopwood has stressed the importance of transparency with regards to activities in Namibia’s extractive industry to generate more awareness about industry. Speaking during a webinar hosting representatives of the Extractive Industry Transparency Initiative (EITI) for English and Lusso-speaking countries, Hopwood highlighted recent […]
New CRAN Appointment Aims to Bolster Cybersecurity Defences
By: Staff Writer The Communications Regulatory Authority of Namibia (CRAN) has appointed Information Security Specialist Cornelia Shipindo as its new Cybersecurity Manager. Shipindo joins CRAN from Capricorn Group, where her role as an Information Security Specialist was pivotal in governing and managing IT operations, incident responses, data protection, and ensuring the security of […]
BIPA Extends Annual Duty Penalty Waiver Grace Period
By: Justicia Shipena The Business and Intellectual Property Authority (BIPA) has announced an extension of its Annual Duty Penalty Waiver Programme for an additional three months, now ending on 30 June 2024. The initiative launched late last year offers a 100% waiver on penalties and additional fees payable by businesses between 2012 and […]
Old Mutual Group Reports N$91 Million Increase in Investment Returns in Namibia
By: Staff Writer The Old Mutual Group has announced a significant increase of N$91 million in its investment returns in Namibia for the year 2023 compared to the previous year. This was primarily fueled by higher interest rates and an expanded interest-bearing asset base. Over the course of 2023, the group experienced a […]