The Namibian government is under increasing pressure to privatise the Meat Corporation of Namibia (Meatco) as concerns mount over the company’s financial instability. A recent report by Ombu Capital (Pty) Ltd, led by former Standard Bank Namibia Holdings CEO Vetumbuavi Mungunda, has put forth a strong case for privatisation to prevent the state-owned entity from...
With Namibia’s National and Presidential Elections less than three months away, chaos, characterised by factionalism, reigns in Namibian politics. It would seem Namibian political operators are passionate about and committed to division. As the African saying goes, “When two elephants fight, it is the grass that suffers.” The saying is true for several political parties...
New Era journalist Loide Jason (LJ) yesterday sat with Deputy Minister of Information and Communication Technology, Modestus Tshitumbe Amutse (MA) to learn more about his political journey, the transition from journalism to politics and his views on current national issues. LJ: Congratulations on your recent appointment as deputy minister and for being one of the...
The dream of owning a decent house remains a mirage and a thorn in the flesh for many Namibians as only 1.7% people can afford a N$1 million house. This is worsened by the rapid urbanisation and migration that is driving millions into informal settlements, where 67% of the urban population resides. This information is...
Andrada Mining has partnered leading lithium producer, Sociedad Química y Minera (SQM), to develop the Lithium Ridge project in Namibia. SQM, a Chilean chemical company and supplier of plant nutrients, iodine, lithium, and industrial chemicals, is the world’s biggest lithium producer. The Andrada deal is SQM’s first venture into Africa, and the partnership is expected...
The fight for Nudo’s heart, soul as well as rented headquarters, has taken another twist after the Utjiua Muinjangue-led party’s leadership dragged members of a breakaway group to court over a raft of alleged indiscretions, which include convening an illegal congress and unlawfully occupying party premises. Last weekend, a splinter group of the National Unity...
WALVIS BAY – The new container terminal, constructed at a cost of N$4 billion, will be managed by Terminal Investment Namibia (TiN) from 1 October. TiN is a newly established subsidiary of Geneva-based Terminal Investment Limited (TIL), which was awarded the concession in 2022 to operate the terminal. The Namibia Ports Authority (Namport) and TIL...
LÜDERITZ – In an ambitious move to drive economic growth and improve the quality of life for its citizens, the Lüderitz Waterfront Development Company (LWDC) is expected to soon announce a series of public-private partnerships (PPPs) to transform the town’s tourism and healthcare sectors. Speaking during a media briefing on Wednesday on behalf of a leading...
Namibia and Cuba share a deep connection that goes beyond mere diplomacy, Chief Justice Peter Shivute has said. He was speaking during an official visit by Rubén Remigio Ferro, president of Cuba’s supreme court, to the Namibian Supreme Court in Windhoek on Wednesday. Justice Shivute said the two nations’ collaboration is rooted in the solidarity...
KEETMANSHOOP – Keetmanshoop residents staged a peaceful protest on Wednesday, calling for the removal of principal magistrate Unchen Konjore. The protest comes a week after Konjore struck the case of two police officers accused of assaulting 31-year-old Elleste Plaatjie at Keetmanshoop in January last year, off the court roll. Plaatjie died a week later in...