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Posts by Maihapa Ndjavera:
Prime Minister Saara Kuugongelwa-Amadhila yesterday said Namibia is in the process of developing its national green hydrogen strategy. Mines minister Tom Alweendo has called on investors to ensure their investments in the green hydrogen industry is mutually beneficial for all parties involved. In efforts to prepare Namibia to fully seize opportunities under the much anticipated African Continental Free Trade Area (AfCFTA), the trade ministry through the Namibia Trade Forum and in partnership with the United Nations Development Programme Namibia yesterday launched an awareness campaign. The Namibia Airports Company (NAC) says it is determined to champion the narrative, lead the charge toward the transformation of the Namibian aviation industry and position it as a driver for a thriving domestic economy. Namibia’s Fourth Industrial Revolution (4IR) task force has said the enormous benefits of the 4IR will only be realised with significant national policy changes. Prime Minister Saara Kuugongelwa-Amadhila has dismissed assertions government is doing nothing to fight the housing backlog in Namibia. President Hage Geingob yesterday instructed Cabinet to scrutinise and start much-needed discussions on the recently submitted Fourth Industrial Revolution (4IR) report. The Kunene region is still caught in the grips of a terrible drought, with five out of seven constituencies experiencing a severe dry period that has lasted for at least seven years with no apparent end in sight. In efforts to promote information-sharing between all key players in the housing industry, a construction and property exhibition has been organised to take place in Windhoek from 27 to 29 October 2022. The mines and energy ministry has stated it is quite concerned about the local fuel wholesale and retail markets, which it noted to be highly saturated with licences. This state of affairs, a ministry spokesman said, has created problems that ultimately contribute to high fuel prices in the country. Popular Democratic Movement (PDM) president McHenry Venaani recently asserted that national oil agreements must be renegotiated in good faith and from a point of departure that respects the principle of oil reserves and proceeds benefitting Namibia’s current and future generations. Kunene ǀkharib ge noxopa ǀgaisase ǀkurub xa xāǂgāhe hâ, ǁnāpab nē khariba ūhâ hû ǂgiǂgosi ǁhûi!nâǂharide xu di korode ǁkhōǁkhōsa ǂnâsa mâsib !nâ nēsi ǁaupexa hû kuriga ra ôa-am ǁaeb !nâ hâse. Water remains an important input for the mining industry hence government’s commitment through NamWater to ensure sufficient and timely delivery of water for this important sectoral contributor to Namibia’s gross domestic product. The Langer Heinrich Uranium mine, which is still under care and maintenance and belongs to Paladin Energy Ltd in the Erongo region, is expected to resume production by March 2024. A Russian company, Uranium One, exploring for uranium in the Omaheke region, continues to ruffle the feathers of local farmers. The company is expected to use the in-situ leaching (ISL) method to extract uranium. In an emotional and tense meeting on Tuesday, words such as “leave our resources alone and go explore in your own countries” came out loudly from disturbed community members who are concerned with uranium exploration activities in Omaheke region. The ninth edition of the Namibian Mining Expo and Conference concludes today. The two-day conference started yesterday under the theme ‘Breaking New Frontiers in a Post-Pandemic Era’. This was the first mining expo and conference in two years, after the Chamber of Mines cancelled it consecutively due to the Covid-19 pandemic. Despite the negative impact of the Covid-19 pandemic on mining operations, Swakop Uranium managed to record its highest production ever. As a result of increased production, the company contributed N$3.2 billion to Namibia’s economy in 2021. The continued growth of informal settlements remains one of Namibia’s biggest developmental challenges. In this vein, FirstRand Namibia yesterday presented an investment of N$5 million for the country’s land and housing programme, through the Development Workshop of Namibia. Standard Bank Namibia has shaken off the adverse impact of Covid-19 in its half-year results after the bank recorded an increase in profit after tax of 24.1% for period on period to N$235.3 million. This is according to the bank’s interim results announcement for the first six months ended 30 June 2022, released this week.