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News / Page 27
Namibia Critical Metals Sells Non-core Gold Properties
By: Staff Writer Canadian junior gold exploration company Sylla Gold has acquired four of Namibia Critical Metals’ non-core gold properties located in Namibia. As part of the acquisition, Sylla will issue Namibia Critical Metals 3,000,000 common shares at a deemed issuance price of $0.05 per common share and pay Namibia Critical Metals N$1.3 […]
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 […]
Resource Distribution and Inequality Identified as Potential Conflict Sources in Namibia
By: Nghiinomenwa-vali Erastus The African Peer Review (APR) Mechanisms Namibia Country Review 2022 Report, released earlier this year, has underscored social economic conditions in Namibia, particularly issues concerning resource distribution and inequality, as potential sources of conflict. Highlighted as ticking time bombs in the report are frustrations surrounding land reform, including challenges in […]
Stagnant Economy Fails to Absorb Rising Youth Workforce, 34 Years Down the Line
By: Justicia Shipena As Namibia commemorates 34 years of independence, scrutiny turns to the nation’s progress across various fronts, including its workforce. Labour expert Herbert Jauch contends that over the past thirty years, the Namibian economy has failed to evolve sufficiently to accommodate the burgeoning youth population in need of employment opportunities. Despite […]
Govt Allocates Additional N$8 Million to Revitalise Kalimbeza Rice Project
By: Staff Writer President Nangolo Mbumba has announced that the government has earmarked N$8 million in the 2024/2025 fiscal budget to breathe new life into the Kalimbeza National Rice Project. Mbumba disclosed this during Thursday’s Independence Day celebrations in Katima Mulilo, Zambezi region. The government, he said, has also “approved that a sugar […]
Talks at Advanced Stage for MVA Fund’s Trauma Centre Land Acquisition in Windhoek
By: Justicia Shipena The Motor Vehicle Accident (MVA) Fund of Namibia is currently engaged in negotiations with the City of Windhoek (CoW) to finalise payment arrangements for the land earmarked to host Namibia’s inaugural trauma centre. MVA’s Chief Executive Officer, Rosalia Martins-Hausiku, revealed this during a recent media briefing in Windhoek, emphasising the […]
Kavango East Leaders Call For Reforms in Management of Green Schemes
By: Annakleta Haikera Rundu Constituency Councillor Paulus Mbangu has called for reforms in the management of green schemes, urging that managers be granted full authority to oversee operations and facilitate food security and socio-economic development. Mbangu, during an engagement with the Vice President Netumbo Nandi-Ndaitwah and farm managers in the region highlighted the challenges […]
NCCI Urges Businesses to Adopt Fair Pricing Practices in Public Tenders
By: Justicia Shipena Namibia Chamber of Commerce and Industry (NCCI) has called on the business community, urging them to uphold professionalism and ethical standards when participating in public sector tenders. This appeal was made by NCCI President Bisey /Uirab during the Annual Budget Dialogue 2024, a collaborative event hosted by Standard Bank, NCCI, and […]
A Nuclear Power Plant in Namibia Could Stabilise Uranium Market Prices, Says Rosatom
By: Justicia Shipena Russian state-owned energy giant, Rosatom, says constructing a nuclear power plant in Namibia could contribute to stabilising uranium prices while enabling the country to achieve energy self-sufficiency. Rosatom’s national manager, Viktor Riedel, emphasised during a media engagement on Thursday night that a domestic nuclear power plant could potentially lead to […]
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 […]