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Kampani ya Namibia Wildlife Resorts (NWR) ilatuzi maikuto ane afitisizwe kimueteleli wa kopano ya Affirmative Repositioning Job Amupanda, kuli ibata kulekisa libaka zateni zamalobalo ni maikatulusezo. Zeo kaufela litaha kasamulaho Amupanda naile famakepe asicaba, abulela kuli NWR ilela kulekisa libaka ze 14 za mafitelo kapa maloji zeluilwe ki mubuso mwatasa kamaiso ya NWR. Ili taba...
In a remarkable display of financial acumen, the Financial Intelligence Centre (FIC) of Namibia has significantly impacted domestic tax collection efforts. A recent report revealed that the FIC’s diligent monitoring and enforcement of anti-money laundering (AML) and counter-terrorism financing (CFT) regulations have substantially increased capital tax revenue. This achievement is a testament to the organisation’s...
Some time back, the Namibia Industrial Development Agency (NIDA) embarked on a project to renovate industrial or small and medium enterprise parks countrywide. The project cost is estimated at N$15 million. Earlier this year, NIDA informed New Era that out of a total of 148 parks and business complexes constructed countrywide, only 118 are fully-operational. ...
Ovitoto garment factory, situated in the Otjongombe village within the Omatako constituency, is one of the ongoing capital projects funded by the Ministry of Industrialisation and Trade (MIT) under the Sites and Premises Development Programme, administered by Nida. The 2019-2024 Namibia Industrial Development Agency (NIDA) annual report released on Monday revealed that the project cost...
Namibia Wildlife Resorts (NWR) has rejected claims made by Affirmative Repositioning movement leader Job Amupanda that the organisation is selling off its lodges. The controversy erupted when Amupanda took to social media, claiming that NWR was planning to sell 14 resorts or lodges belonging to government via NWR. This sparked concerns among NWR employees. Amupanda...
The Namibia Industrial Development Agency (NIDA) yesterday unveiled its annual report, themed ‘Geared Towards Sustainable Industries’. The report covers the financial years from 2018/2019 to 2023/2024. The launch marked the agency’s first comprehensive publication in six years. This milestone demonstrates NIDA’s dedication to governance, and its pivotal role in driving Namibia’s industrialisation agenda. Julius Nghikevali,...
The Electricity Control Board (ECB) has confirmed approval of a regulatory framework for electric vehicle (EV) charging infrastructure, marking a step towards sustainable transportation in the country. The framework, which was approved by the ECB in August 2024, provides comprehensive guidelines for the installation and regulation of EV charging stations, addressing public queries about the...
Maihapa Ndjavera Festus Hamalwa Much like the biblical tale of Genesis, the final farewell of late Founding President Sam Nujoma will follow the path where his remarkable journey began – Etunda. It is there where Nujoma was born on 12 May, 95 years ago. This symbolic journey through Namibia – a country he played an...
Responding to a massive public outcry on the persistent increase in electricity tariffs, government last year lent a much-needed helping hand and provided N$365 million subsidy for 2024/25. This injection of capital relief was intended to ease the rapidly-escalating cost of living for struggling Namibians. However, Electricity Control Board CEO Robert Kahimise yesterday disclosed that...
Bank of Namibia governor Johannes !Gawaxab stated that Namibia’s Welwitschia Sovereign Wealth Fund’s current balance has reached N$453 million. The Welwitschia Fund, which was launched in May 2022, commenced with an initial capital investment of around N$262 million. The governor made these remarks last week during the repo rate announcement in Windhoek. The Sovereign Wealth...