Angola and Namibia have taken a gigantic leap towards energy cooperation by signing the implementation agreement for the Baynes Binational Hydropower Project in Windhoek yesterday. This ambitious project aims to generate electricity by 2031, with both countries set to benefit from approximately half of the plant’s capacity, which is estimated at 860 megawatts. The project,...
Namibia is taking significant steps to enhance its mineral beneficiation strategy. The aim is to create much-needed local jobs, and increase the value derived from rich natural resources. However, for the country to successfully implement this strategy and effectively process the minerals it mines, substantial investments in infrastructure are essential. This means Namibia requires improvements...
Kelp Blue, a groundbreaking sustainable aquaculture enterprise, is on the verge of significantly contributing to the domestic economy with a bold investment plan, which could reach N$3 billion over the next three to four years. This investment follows an initial capital injection of N$350 million, and ongoing annual operational costs ranging from N$80 million to...
DAWEB!GAOS – Daweb !Am !Hanab, Daweb!gaos ai mâb di mûǂamaob, Jakobus Hanseb ge kaise ǂgui!nâgu ǁgoaǂuidi xa !namiǂgāhe hâ, hîa nē !hanab di ǀomkhâis tsî ǀkhariba ǂûna nî ǁawoǁawobase is di ǁgūbasa ra !hâumâina. Kaises nē projeksa !gâi ǂâibasensǀ kha ge a tsoatsoahe, xawes ge ai!gûs âsa !narib, !nubusib !nanǀgaib dib tsî ǁgam-i di...
The recent Namibia-EU Trade and Sustainability Conference highlighted significant opportunities for Namibia arising from European Union (EU) climate policies, particularly the Carbon Border Adjustment Mechanism (CBAM). This mechanism, which aims to level the playing field between EU producers and foreign exporters, presents a unique chance for Namibia to enhance its export capabilities in a carbon-constrained...
• Saves N$6 million • Kunene chiefs up in arms A recent education ministry study has uncovered a huge financial drain, revealing that millions of dollars were wasted on ineffective literacy centres. This discovery comes after a comprehensive study conducted across all 14 regions, to assess the functionality of the national literacy...
In a concerning financial update, the Mariental Municipality has reported a significant increase in its deficit for 2023. This raises alarms among local stakeholders and residents. The municipality’s deficit has surged to N$29.79 million, a dramatic rise from N$11.27 million recorded in 2022.This represents an increase of approximately N$18.5 million, highlighting a growing fiscal challenge....
Namibia is facing a steep rise in electricity expenditures. Total spending on purchased power has increased by 25% from approximately N$70.86 billion (US$4 billion) in 2019 to N$86.85 billion (US$5 billion) in 2023. This surge is largely attributed to the rising costs of electricity imports, which have more than doubled since 2019. The increase has grown...
KALKRAND – In a calm settlement where the sun-drenched fields stretch endlessly lives Tulonga Amaguru, a 36-year-old powerhouse of a woman. The mother of three wakes up every morning with determination and zeal to save her animals by cutting grass for them on the side of the road, a few kilometres from Kalkrand. This is...
MALTAHÖHE – In the heart of the Daweb Green Scheme in Maltahöhe, manager Jakobus Hanse faces many challenges that threaten the project’s mission to bolster food security in the region. Despite its noble intentions, the project is plagued by theft, a lack of electricity, and water scarcity – all of which have made it difficult...