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IPPs to invest N$1.6 billion into electricity sector

WINDHOEK – It is estimated that 14 Independent Power Producers (IPPs) will in total invest approximately N$1.6 billion local and foreign direct investment into the electricity sector and ultimately into the Namibian economy. This is according to the Chairman of the Electricity Control Board (ECB), Gottlieb Hinda, who in the electricity regulator’s latest annual report noted that the 14 IPPs are expected to add 70MW to the national electricity grid.  

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SPYL cautions against the enemy from within

WINDHOEK - Swapo Party Youth League (SPYL) Secretary Ephraim Nekongo has made an impassioned appeal to fellow members in the youth wing to stop being at each other’s throat and to rather focus their energy constructively and to find meaningful ways to create jobs for the benefit of all.

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How Kamushinda and his cronies robbed SME Bank

WINDHOEK - In a detailed affidavit, Ian McLaren, one of the liquidators of the defunct SME Bank describes how an investigation unearthed the modus operandi used by the crippled bank’s senior Zimbabwean employees and directors to fleece the bank of hundreds of millions of dollars.

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Dual carriageway to be completed by 2022

WINDHOEK - Roads Authority (RA), says 37 kilometres of the Windhoek - Okahandja dual carriageway will be completed by September this year and the remaining 21 kilometres stretching towards Okahandja to be completed by 2022.