Maihapa Ndjavera & Edgar Brandt Responding to a massive public outcry on the persistent increase in electricity tariffs, government finally lent an ear and provided millions to ease the cost of living for struggling Namibians. While this subsidisation has been welcomed, some are, however, questioning its sustainability, questioning what the long-term solution for skyrocketing living...
JAKARTA – Indonesia launched its first electric vehicle battery plant yesterday, president Joko Widodo said, as Southeast Asian countries move to gain a foothold in the emerging industry. The country, which is the region’s largest economy and home to the largest nickel reserve in the world, has been seeking to position itself as a key...
The International Air Transport Association (IATA) has urged South Africa’s (SA’s) new government of national unity to continue prioritising the development of its aviation sector as a critical driver for economic growth and job creation. “South Africa’s aviation industry is poised for significant growth over the next 20 years, adding 345 million additional passenger journeys...
The populace of Otjinene has waved goodbye to days of travelling long distances to seek MTC services. This comes as the Mobile Telecommunications Ltd, (MTC), officially opened a new MTC dealer-shop in the town. Previously, MTC served its customers through Nampost, which providedlimited services. Such services included only the sale and replacement of sim cards. ...
Caltex, once a common sight in Namibia, is making a comeback after Chevron Brands International, a subsidiary of Chevron Corporation, entered into a long-term retail trademark licensing agreement with a Namibian company, Bachmus Oil and Fuel Supplies. The agreement paves the way for the return of the Caltex brand to fuel retailing in Namibia. Chevron...
The International Air Transport Association (IATA) called on Africa’s governments to take advantage of a strengthening aviation sector to maximise its benefits for economic and social development across the continent. Recently, IATA announced that Africa’s airlines are expected to earn a collective net profit in 2024 for the second year in a row. That is...
Finance minister Iipumbu Shiimi said Namibians should rest assured that Namibia being greylisted now will not have any effect on the new industries. “The confidence shown by investors in support for green energy initiatives in Namibia, one of the leading countries championing green hydrogen, is expected to continue. Countries that have been placed on the...
The 2024 Old Mutual Sustainable, Economic and Empowerment Drive (OM SEED) initiative has officially concluded, marking another successful year of empowering Namibia’s brightest entrepreneurial minds. This year’s programme concluded in the Oshikoto region, where innovative businesses and exceptional talent were uncovered, awarding three standout entrepreneurs who are set tomake a lasting impact in their communities....
TotalEnergies has acquired Tecoil, a Finnish company specialising in the production of Re-Refined Base Oils (RRBOs), which has the most efficient used oil regeneration process on the market today. Tecoil currently operates a production facility of 50 000 tonnes of RRBOs per year in eastern Finland. Tecoil has developed its own circular economy network for...
Capricorn Private Wealth (CPW) is supporting the 43rd Annual Medical Congress, facilitated by the Medical Association of Namibia (MAN), with a sponsorship of N$200 000. Capricorn announced the partnership last week Friday. The event is scheduled to take place at the University of Namibia Hage Geingob Campus on Friday, 12 July and Saturday, 13 July...