Mines and energy minister Tom Alweendo has confirmed that government is looking at the possibility of introducing nuclear energy as an additional power source for Namibia.
Author: Maihapa Ndjavera (Maihapa Ndjavera )
Taxpayers owe N$79 billion
With six months left for the final leg of the tax amnesty programme, 235 505 taxpayers are in arrears with the Namibia Revenue Agency.
Local diamonds lose lustre
THE diamond sector is facing a significant challenge of low international demand. Coupled with a G7 decision to route all diamonds through Belgium, this poses a serious risk to the well-being of Namibia’s diamond mining sector.
China open to more Namibian commodities
China has been Namibia’s second-largest trading partner for many years, and bilateral trade volumes between the two countries exceeded US$1.3 billion in 2023, with year-on-year growth of 16.5%.
NamPower requests 14.5% electricity tariff hike
Namibia Power Corporation (NamPower) has requested a 14.59% increase in electricity tariffs from the Electricity Control Board (ECB) for the 2024/25 financial year.
Finance ministry motivates N$8.1b budget…as Psemas reform progress at 50% to ensure sustainability
Last week, the finance and public enterprises ministry presented its N$8.1 billion budget to Parliament for consideration and approval.
Hinda-Mbuende worried profits are hurting consumers
Deputy finance minister Maureen Hinda-Mbuende is not impressed with the profits made by commercial banks at the expense of households, who struggle to keep up with the escalating cost of living.
Local uranium powers the world …as Namibia imports 70% of its electricity
Considering that Namibia is the world’s second-largest uranium producer, it is quite ironic that the country remains confronted with a persistent power supply deficiency which sees it annually importing some 70% of its electricity.
Omaheke pins hopes on uranium
There is no doubt that cattle breeding is the major agricultural industry in Namibia’s Omaheke region, where both commercial and communal farmers participate vigorously in animal husbandry.
Surging cyberattacks show need for robust security – Theofelus
With the rapid advancement of technology, the global cybersecurity landscape is continuously evolving and through these developments, new threats emerge on a regular basis.