2022-03-01Maihapa Ndjavera The majority of pilots of the now-defunct national airline had no choice but to accept contracting work outside the country when Air Namibia was forced into voluntary liquidation about a year ago. View more
2022-03-01Edgar Brandt When finance minister Iipumbu Shiimi tabled the 2022/23 national budget last week, he said the budget deficit is projected to reduce to about 5.6% of GDP in the coming financial year. View more
2022-02-28Edgar Brandt The mines and energy ministry last week confirmed the discovery of light oil in the Venus well of the joint venture between TotalEnergies (40%), QatarEnergy (30%), Impact Oil and Gas (20%) and the National Petroleum Corporation of Namibia (10%). View more
2022-02-28Maihapa Ndjavera Government is pursuing energy independence from a troubled Eskom and from the rest of its neighbouring countries in an effort to reduce the cost of electricity and thereby attract more meaningful investment. View more
2022-02-28Staff Reporter The Development Bank of Namibia (DBN) signed an agreement on Friday, 25 February 2022 to finance a solar park at Rosh Pinah. With this latest agreement, the DBN’s commitment to the field of renewable energy amounts to N$1.038 billion, encompassing finance for 87.9 MW from 13 projects. View more
2022-02-25Staff Reporter Last week, a unique blend of young entrepreneurs, seasoned senior executives and finance experts gathered for the B2Gold Jumpstart Pitch Event. Invited guests witnessed six startup talents participating in the Jumpstart incubation programme funded by B2Gold Namibia. View more
2022-02-25Maihapa Ndjavera Despite another recessionary year, the Business and Intellectual Property Authority (BIPA) delivered a strong financial performance, declaring a surplus of N$17 million, doing particularly well in its efforts to collect outstanding annual duties. View more
2022-02-25Maihapa Ndjavera Popular Democratic Movement (PDM) parliamentarian Johannes Martin on Wednesday tabled a motion in the National Assembly for the House to debate the establishment of an association for the informal sector. View more
2022-02-25Edgar Brandt A second confirmed discovery of oil off the Namibian coast has the potential to substantially impact the domestic economy for the better. View more
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