After learning that Namibia had made significant offshore light oil discoveries, some people began to celebrate, thinking this would be a cure for the nation’s problems with a high youth unemployment rate, extreme poverty and inequality.
Author: Maihapa Ndjavera (Maihapa Ndjavera )
Construction of Daures Green Village on track
The multimillion-dollar Daures green hydrogen project is roughly 66% of the way through construction.
Presidency grilled over missing financials
The Parliamentary Standing Committee on Public Accounts last week put the Office of the President on notice for several irregularities, including not providing supporting documentation, not completing some bank reconciliations and paying money to third parties.
Unrelenting illicit fuel sales irk ministry
Individuals selling fuel from unregistered outlets or without the necessary licensing and documentation have been implored to end their illegal activities immediately.
Twin Hills gold mine revenue to average N$4.23 bn
Discovered by Osino Resources in 2019, the Twin Hills resource is an open-pit gold mine being fast-tracked to production. It is anticipated that by mid-2026, the project will record an average annual gold revenue of N$4.23 billion.
Leonardville fumes at bribery accusations
Tempers flared here last Friday with village council members denying allegations of bribery while others warned of imminent danger to scarce underground water resources should contentious uranium mining proceed in the area.
Local, regional authorities drowning in N$1.5 bln debt
Erastus Uutoni, Minister of Urban and Rural Development, yesterday stated that regional and local authorities owe a staggering N$1.5 billion to bulk service suppliers.
Dienda proposes drought relief for vulnerable
Government is currently acting on its commitment to provide drought relief to the most afflicted communities in the nation.
Ithete accuses commercial banks of mafia tactics
The chairperson of the Parliamentary Standing Committee on Economics and Public Administration, Natangwe Ithete, yesterday blasted commercial banks for what he called “mafia tactics”.
Kahimise urges consumers to use alternative energy
Electricity Control Board (ECB) CEO Robert Kahimise yesterday advised customers to investigate more affordable and alternative energy sources to help ease the burden on national electricity usage.