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Market dynamics warrant bigger stake in discoveries…Namibia can avoid resource curse by learning from others
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Market dynamics warrant bigger stake in discoveries…Namibia can avoid resource curse by learning from others

Current oil market dynamics, where demand and supply are out of sync and an oil price super-cycle lasts for the short- to medium-term, place the Namibian government in a better bargaining position to increase its take of 10% in resource projects to a higher level. This is a recommendation from a report released this week by local stock brokerage Simonis Storm Securities (SSS). 

Hamata bemoans Ohangwena’s plight in parliament
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Hamata bemoans Ohangwena’s plight in parliament

Newly sworn-in parliamentarian Hidipo Hamata this week raised the plight of Ohangwena residents, claiming they have always experienced food insecurity, underdevelopment, high youth unemployment, limited access to primary healthcare, a lack of potable water, poor sanitation and subpar housing.