Revenue generated by the Electricity Control Board (ECB) during 2019/20 financial year amounted to N$93.7 million, representing an increase of 4.8% from the N$89.4 million recorded in the previous financial year.
Business
Public enterprises boards to undergo induction training
The Ministry of Public Enterprises (MPE) as the custodian of good governance in Public Enterprises (PE) will be hosting a two-day PE Board of Directors Induction Training scheduled on 29 and 30 October 2020 at the Namibia Institute for Public Administration and Management (Nipam).
Councillor aggrieved by N$66 million project awarded to Chinese
An Epukiro councillor, Vejama Kanguatjivi, said he was aggrieved by a massive project, worth about N$66 million, which was awarded to Chinese contractors.
Businesses struggle with cash flow and low demand
Most businesses in Namibia are facing two main challenges during this uncertain time of Covid-19.
NWR receives N$40 million grant from Govt
Through numerous interactive efforts since March 2020 between Namibia Wildlife Resorts (NWR) and government as the sole shareholder, the latter availed N$40 million to NWR on 20 October 2020 for the 2020/21 financial year in Mid-Year Budget Review and Medium-Term Budget Policy Statement in support.
Investment in innovation needed for more productivity
The Covid-19 pandemic has put an end to the ‘business-as-usual’ notion hence the increase in the need for innovation.
Households struggle to retain income levels – report
The Covid-19 pandemic has had a significant impact on Namibian households and overall affected both households and individuals in multiple ways.
NAC trains police screening officers
The Namibia Airports Company (NAC) recently hosted a one-week computer-based training at the Namibia Institute of Public Administration (Nipam) in Windhoek for Namibian Police personnel deployed at Hosea Kutako International Airport and Eros Airport.
Bethanie residents thrown a ‘sweet’ lifeline
BETHANIE – Residents of Bethanie who for years have used salty water for household purposes will within the next ten months be able to savour the sweet taste of potable drinking water.
Banks grant N$9.2 billion in credit relief
Credit relief extended to bank clients amounted to 8.9% of total industry loans and advances.