Author: Maihapa Ndjavera (Maihapa Ndjavera )

Namibia and Senegal joined the African Petroleum Producers’ Organisation after discoveries of oil in the country. The move will help the country learn from member states and try to avoid the resource curse that many oil rich countries struggle with.

Through the Institute for Public Policy Research (IPPR) publication, Robin Sherbourne said this year’s mid-year budget review was similar to last year’s one.nHe said it contains no major new policy announcements or surprises.

The 27th conference of the parties (COP27) to the United Nations Framework Convention on Climate Change is an event that will allow nations to collaborate on how they can implement agreed climate goals under the Paris Agreement.

Mines minister Tom Alweendo said government has not agreed and is not contemplating to build houses for Hyphen employees in Lüderitz. Hyphen is the preferred bidder for Namibia’s first large-scale vertically integrated green hydrogen project.

By the end of last month, over 300 000 warrants of arrest for traffic offenders were still to be executed.

Finance minister Iipumbu Shiimi last month stated in his mid-term budget review in the National Assembly that an allocation has been made for the national census to be undertaken in FY2023/24. 

Bank of Namibia (BoN) governor Johannes ǃGawaxab said ensuring optimal local content in the exploitation of resources must remain prominent. He thus urged for the finalisation and adoption of the country’s local content policy, which he said is of paramount importance.

-says cost outweighs benefit
-Cabinet backs plan in principle 
-funding gap stands at N$2.5bn

Deputy finance minister Maureen Hinda-Mbuende says the implementation of measures to provide tax relief to taxpayers will be fast-tracked. 

​​​​​​​Namibia is en route to achieving large-scale, low-cost renewable energy development, designing models for sustainably maximising fiscal revenue and local development in renewable energy investments as well as green ammonia production.