Namibia’s recent energy developments, including the significant discoveries of oil and gas, coupled with the enormous potential of green hydrogen, have attracted the attention of the global energy community, making it a global exploration hotspot.
Author: Maihapa Ndjavera (Maihapa Ndjavera )
Civil servants want 8% increase
Two unions, the Namibia National Teachers Union and Namibia Public Workers Union, proposed salary and other benefit increases for civil servants for the 2023/24 and 2024/25 financial years.
Higher interest rates push up Nedbank’s profit …latest results show 35% increase to N$275 million
Nedbank Namibia recorded a total income of N$1.2 billion for the year ended 31 December 2022, representing an increase of 13% from the previous financial year. Profit after tax increased by 35% to N$275 million.
South Africa, Namibia to broaden bilateral cooperation
South Africa and Namibia’s third session of the Bi-National Commission of senior officials kicked off in Windhoek yesterday and is expected to conclude tomorrow.
Black business network bemoans white privilege
Black Business Leadership Network of Namibia president Irene Simeon-Kurtz last Friday said the network does not support the imminent threat of closure of the Meat Corporation of Namibia in favour of previously advantaged farmers.
Alweendo bullish over oil opportunities…Namcor confirms third discovery in Orange Basin
Namibians should not sit back and wait for the benefits of recent oil discoveries to come to them but already exploit the opportunities presented by the budding petroleum
industry.
Alweendo discourages irresponsible awarding of exploration rights
Mines minister Tom Alweendo made it clear that awarding of exploration rights to those with no necessary capabilities has potential to lead to unethical behaviour from not only the officials responsible for licensing but also those who are being licensed.
Namibia to pocket oil billions after 2030
Oil and gas exploration in Namibia are the talk of the global town, following significant discoveries in the offshore Orange Basin last year, which is creating expectations of massive future government oil revenue.
NIPDB not getting Namibian-driven projects
The Namibia Investment Promotion and Development Board’s CEO Nangula Uaandja is worried that Namibians are not practising enough in the investment space in their own country.
NHE CEO say salary increment impossible…strike enters day six
National Housing Enterprise CEO, Gisbertus Mukulu said the demand of 7% salary increment is not financially possible from the housing entity.