Public enterprises must position themselves strategically, as they are an important component for the realisation of emerging industries such as oil, gas and the much-talked-about green hydrogen. This is because PEs are equipped with the necessary resources to ensure the success of the initiatives. These sentiments were ventilated yesterday by Martha Domingos, director of legal...
Author: Maihapa Ndjavera (Maihapa Ndjavera )
Mbumba wants local participation in oil, gas
President Nangolo Mbumba says Namibians should step up their game and acquire the essential skills to contribute to the development of the oil and gas sector. He believes that in the absence of local participation, the population will struggle to get a fair share of resources. “You are holding the value and wealth of the...
FIC ensures millions are recovered from laundering…over N$47 million regained from illicit activities in 2023
The Financial Intelligence Centre has had a hand in chanelling billions of dollars into State coffers over the years, as recently revenue collection in Namibia has consistently exceeded collection targets. The Financial Intelligence Centre (FIC) is tasked to serve as a regulator and supervisor of anti-money laundering and combating the financing of terrorism and proliferation...
Real estate agents nudged by new legislation
The Property Practitioners Bill is new proposed legislation under scrutiny in the National Assembly, which aims to provide protection to consumers within the property sector. It aims to transform the domestic property market by creating an appropriate institutional and legal framework.
CPBN admits condom tender blunder … never verified Shapwa’s factory
The Central Procurement Board of Namibia has shockingly admitted making a blunder on a multimillion-dollar tender.
Tourism surge demands sustainable investment
The maiden edition of the Africa Hospitality Investment Forum in southern Africa was officially opened yesterday, bringing together some 500 delegates from about 40 countries.
Mutorwa: Time to concentrate on airport integration
Works and Transport minister John Mutorwa has stated that Namibia must concentrate on creating seamless integration of her airport infrastructure as the foundation for economic activity.
IMF warns Namibia of ‘stranded hydrocarbons’
Hydrocarbon exploration efforts in Namibian offshore waters have increased significantly in the last two years. This has led to several encouraging petroleum discoveries in the Orange basin.
Pharmacies caught in price-fixing
Over 200 local pharmacies have been found to have engaged in price-fixing during the last 15 years.
Drought drives expensive maize imports
Namibia’s persistent and severe drought has forced the country to import maize at a significant cost.