Omusati receives N$260 million for development
WINDHOEK – The Omusati Region has been allocated a development budget of N$260.3 million for the
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- June 26th, 2019
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WINDHOEK – The Omusati Region has been allocated a development budget of N$260.3 million for the
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WINDHOEK – Namibian Ambassador to China Elia Kaiyamo yesterday welcomed the first batch of Namibian beef to China, which is the largest consumer market in the world. Kaiyamo welcomed the consignment of
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WINDHOEK – The 37MW Hardap Solar Photovoltaic (PV) Plant, which was commissioned outside
WINDHOEK – Debmarine Namibia yesterday confirmed financing for its brand-new N$7 billion (US$468 million) state-of-the-art mining vessel being built in Romania. While Debmarine Namibia will cover N$1.4
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WINDHOEK – The Ministry of Agriculture, Water and Forestry estimates that the approximate value of 75 000 tonnes of timber exported from Namibia during the first two months of 2019 is close to N$94 million.
WINDHOEK – The Namibia Airports Company (NAC) has not renewed a Ground Handling Agreement with
WINDHOEK – Public Enterprises Minister Leon Jooste yesterday said a report prepared by independent consultants on a more suitable business model for the national airline has been completed.
WINDHOEK – The age-old adage ‘time is money and money is time’ relates more often than not to the business community. It is in this regard that the Namibia Chamber of Commerce and Industry (NCCI) has
WINDHOEK – The ongoing court case against Air Namibia by now defunct European-based Challenge Air, which is demanding N$400 million, continues to wreak havoc on the national airline’s liquidity to the extent that it is affecting regional and domestic flights and frustrating domestic travellers.
WINDHOEK – The International Monetary Fund (IMF) expects the Namibian economy to remain in doldrums for the remainder of 2019 before limping into positive territory in 2020.
The Kavango West Region has been allocated N$257 245 000 in the 2019/20 financial year for its development budget. For the remainder of the Medium-Term Expenditure Framework (MTEF), the development budget for this region increases to N$331 992 000 in 2020/21 before reducing marginally to N$327 849 000 for the 2021/22 financial year.
Air Namibia on Friday confirmed the suspension of the Windhoek to Lagos Accra route as of Friday, May 24, 2019. The national airline no longer flies to Ghana or Nigeria after introducing the West African route at the end of June 2018.
WINDHOEK – The Namibia Chamber of Commerce and Industry (NCCI) is appealing that the government urgently
WINDHOEK – Chinese telecommunications giant, Huawei, yesterday pledged to continue building a safe and sustainable software ecosystem to provide the best experience for all users globally.
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WINDHOEK – The recent election of Cyril Ramaphosa as South African president augur’s well for investors, provided the newly elected leader sticks to his promises to stamp out escalating corruption, turn around ailing state-owned enterprises and
WINDHOEK – The Kavango East Region has been allocated N$226 774 000 for its development budget for the 2019/20 financial year. For the remainder of the Medium-Term Expenditure Framework the development budget for the region reduces to N$216 687 000 in 2020/21 and then reduces further to N$190 702 000 for the 2021/22 financial year.
WINDHOEK - Without sufficient and affordable supply of electricity, crucial economic contributors, such as the mining sector, will not be able to operate optimally. For instance, of the more than 4 000 gigawatt hours (GWh) the country consumed in 2018, a significant portion, or just over 1 400 GWh, was consumed by the mining sector.
WINDHOEK – Namibia’s overall rental prices per square meter have increased steadily year after year despite the fact that the sizes of properties rented have continued to decrease across the country.
WINDHOEK - When Debmarine Namibia’s N$7 billion (US$468 million) vessel is completed by the Dutch-based shipbuilder Damen Shipyards, it will represent the largest-ever investment in the global history of marine diamond recovery.
WINDHOEK - After awarding a tender for the construction of a new fire station, the Mariental Municipality is reviewing the allocation following an objection by another company that submitted a bid which was lower by close to N$90 000.