The Office of the President yesterday held a planning workshop for the Economic Advancement chapter for phase 2 of the Harambee Prosperity Plan (HPP). The workshop was attended by key government officials responsible for implementing this chapter of HPP, and the outcome will be incorporated into the new policy framework. According to the final report...
The health ministry on Monday received a donation of personal protective equipment (PPE) worth N$2 million from Capricorn Group, Project HOPE Namibia, and FirstRand Namibia. The donation was received by the Minister of Health and Social Services, Dr Kalumbi Shangula, at the Covid-19 Communication Centre to help in the nationwide effort to tackle the virus....
As a task to expand its revenue optional pool to diversify its resources, the Environmental Investment Fund of Namibia (EIF) established a Resource Mobilisation Strategy as a framework for revenue generation through which it managed to mobilise about N$1.3 billion. This was confirmed in the Fund’s 2018/2019 annual report. CEO of EIF Benedict Libanda said...
Eight contractors yesterday signed agreements with the National Housing Enterprise (NHE) towards phase one of the informal settlement upgrading project, which will see a total of 1 200 houses being constructed in Windhoek. A total of 600 houses are expected to be built during phase one, and eight contractors have been handed phase one. They...
The Communications Regulatory Authority of Namibia (CRAN) last week held a public consultative meeting on the proposed Market Study on the determination of dominant position in the telecommunications sector, and the regulations prescribing fees for spectrum licences, certificates and examinations. Speaking at the public consultative meeting acting CEO of the Authority Jochen Traut said the...
Minister of Industrialisation and Trade, Lucia Iipumbu, says the state needs to be fully aware of the private sector’s needs, its potential as well as any major obstacles if it wants to develop and execute policies effectively and efficiently. Iipumbu made the comments yesterday when officially launching three projects under her ministry, supported by GIZ-Promotion...
The Communications Regulatory Authority of Namibia (CRAN) yesterday confirmed the issuance to the Windhoek City Council of a Class Comprehensive Telecommunications Service Licence, with additional licence conditions imposed. The licence is effective from 24 July. CRAN hosted a public hearing on 15 July on the application for reconsideration submitted by Paratus Telecommunications (Pty) Ltd on...
The thorny subject of corporate corruption is pulling Namibia backwards; hence, it needs to be prioritised and addressed without fear or favour, warned Lameck Odada, an economics lecturer at the Namibia University of Science and Technology (NUST). Odada said entities entrusted with duties to investigate and prosecute corrupt individuals need financial support from the government...
Popular Democratic Movement leader McHenry Venaani has pooled resources together to assist a 100-year-old woman from Mupini village in the Kavango East region with potable water. Venaani, who is on a week-long working visit to the two Kavango regions, this week donated water pipes and tap, as well as paid a connection fee for the...
Clarifying the practice of forex trading in Namibia, the central bank has reminded prospective traders that the exchange or conversion of the Namibian Dollar into any foreign currency is heavily regulated to control the use of the country’s foreign currency reserves in the best interest of the economy. This comes after a local lawyer, Kadhila...