• April 1st, 2020

POSTS BY Edgar Brandt

To contact the author and editorial staff send an email to newsroom@nepc.com.na

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Covid-19 pushes fuel prices down

Petrol prices will come down by a whopping N$1.70 per litre and diesel will decrease N$1.20 per litre on 1 April 2020 as global demand for the oil wanes in the face of the crippling impact of the Covid-19 outbreak.  The massive drop in local oil prices was announced even as the local currency depreciated against the United States greenback. 

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Shiimi hailed as ‘breath of fresh air’ in finance ministry portfolio

Economists and business leaders have hailed former central bank governor Iipumbu Shiimi as new finance minister as a welcome development, given his extensive economic and banking background. President Geingob on Sunday appointed Shiimi to the finance ministry while former finance minister Calle Schlettwein, a trained biologist, has been moved to the merged agriculture, water and land reform ministry.

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Air Namibia still servicing domestic and regional routes

Despite much speculation, Air Namibia has set the record straight regarding its operations and interpretation of Cabinet resolutions on measures to strengthen Namibia’s preparedness and response to the Covid-19. The national airline has reiterated it is in full conformity with government’s resolutions.

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Jobs back to centre of agenda… as panel recommends free land allocation in informal settlements

The creation of a national employment task force, a national internship programme, the allocation of free land in urban areas, the adequate leveraging of public assets and the appointment of a government-owned holding company to run affairs of commercial parastatals are but some of the recommendations made by President Hage Geingob’s High-Level Panel on the Namibian Economy (HLPE). 

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TransNamib aims for profitability

Over the past 10 plus years the national rail services operator, TransNamib, has incurred losses of more than N$1 billion but these financial misfortunes may soon be turned around as relatively new CEO, Johny Smith, aims to bring the parastatal into profitability within the next two years.

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Arandis Power responds to environmental concerns

Arandis Power has responded to environmental concerns raised regarding power plant driven by low sulphur heavy fuel oil through which it is has offered to supply South Africa’s Eskom with 120MW of electricity.

Mukwakwa wa Zambia ufilikanya bakwaezi ba Namibia

WINDOKO – Libyana zelongwa halizwelapili kuekezeha mwamukwakwa wa Walvis Bay-Ndola-Lumbumbashi, bakwaezi balimbayambaya zelonga libyana bazwelapili kutalimana nimaswenyeho habakena kwalineku la Zambia, kakuli mukwakwa ozwa Sesheke kuya Livingstone hamoho cwalo ni Lusaka, mane kuyoli tii kwa museto wanaha DRC, usiala mwamayemo maswe. 

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Namibian truckers frustrated by state of Zambian road

As cargo volumes continue to increase on the Walvis Bay-Ndola-Lubumbashi Development Corridor (WBNLDC), Namibian truckers continue to face an uphill battle once they enter Zambia, as the Livingston to Sesheke road leading to Lusaka and beyond to the Democratic republic of Congo remains in a dilapidated state.