Ready… The Ministry of Information and Communication Technology (MICT), in partnership with its sponsors, will host the eighth National Information and Communication Technology (ICT) summit under the theme: “Building Resilience to ‘Adopt or Die’ in the Era of Digital Transformation and Artificial Intelligence (AI)”. The summit will be held from 9-11 September 2024 at the...
Business
EFT regulations to be enforced soon
On 30 September this year, the Determination on the Conduct of Electronic Fund Transfers within the National Payment System, also known as PSD-9, will become effective. In addition, the directive on the speed and user fees and charges of the Common Monetary Area (CMA) transactions, also known as PSDIR-9 will become effective. In a statement...
FlySafair launches new route
Commencing on 22 September, FlySafair will operate a twice-weekly service connecting Cape Town International Airport (CPT) to Hosea Kutako International Airport (WDH) in Windhoek. Air Connect Namibia welcomed the introduction of the route, which will increase regional integration, making it easier for both tourists and business travellers to explore and experience the diverse cultures and...
Mining key in advancing green industrialisation
The “Localising Green Industries in Namibia” study, conducted by Systemiq from December 2023 to May this year, was officially launched on Tuesday at a side-event during the ongoing Global African Hydrogen Summit. The session aimed to present and discuss the study’s findings and recommendations with key stakeholders from the government and private sector. Furthermore, to...
Green Hydrogen: Letís collaborate, not compete ñ Alweendo
MINEs and Energy minister Tom Alweendo said the potential for green hydrogen to transform Africa’s energy landscape is increasingly recognised, with calls for collaboration rather than competition among nations. As Namibia positions itself as a key player in this emerging sector, he said the Africa Continental Free Trade Area (AfCFTA) is a crucial vehicle to...
Mbumba engages chinese business community
Engaging the Chinese business community from various sectors, President Nangolo Mbumba today highlighted Namibia’s favourable investment climate, inviting them to do business in the country. Mbumba is in Beijing, China for the ninth Forum on China-Africa Cooperation, which starts today and ends on Friday.Photo: Namibian Presidency
Report validates Meya Mine investment – Trustco
Trustco Group Holdings Limited on Monday announced the results of a technical report for the Meya Diamond Mine Project in Sierra Leone. Trustco stated the technical report, dated 26 August 2024 with an effective date of 19 August 2024, was prepared at a preliminary economic assessment (PEA) level. “The PEA indicates favourable economic potential with...
EU commissioners in the region to deepen energy relations
European Union (EU) commissioner for energy Kadri Simson is in Namibia this week, and will travel to South Africa next Monday to enhance the EU’s energy relations with these countries. The visit to Namibia follows the endorsement of a roadmap for the EU-Namibia strategic partnership on sustainable raw materials value chains and renewable hydrogen by...
Dutch firm partners with locals for diamond mining
Kenzoll Capital, an Amsterdam-based private equity firm, has acquired the offshore mining vessel Adamastor. This acquisition marks a significant expansion into Namibia, with a focus on diamond mining in Hottentots Bay. According to a media statement, this venture is in partnership with LK Mining, which is a joint venture comprising Paragon Investment Holdings, through its...
Fortescue gathers experts on green hydrogen
The University of Namibia (UNAM) and Namibia University of Science and Technology (NUST) Alumni Association, in collaboration with Fortescue Namibia, recently hosted a panel discussion titled “Green Hydrogen Facts and Reality: Market Trends and Opportunities”. The panel brought together experts in the green hydrogen sector, leaders and the universities’ alumni. The panel discussion at the...