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Author: Edgar Brandt

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Posts by Edgar Brandt:

    Inflation from rising fuel prices a blessing in disguise for local producers

    Inflation from rising fuel prices a blessing in disguise for local producers

    2018-11-07  Edgar Brandt
    WINDHOEK – Economists have cautioned that the country-wide increase in fuel prices of N$0.50 per litre for petrol and N$0.70 per litre for diesel, which came into effect today, will continue to push up inflation. This is because rising fuel prices will result in higher transportation costs which will gradually lead to higher prices for consumer products. 
    Hosea Kutako upgrades to cost N$245 million

    Hosea Kutako upgrades to cost N$245 million

    2018-11-08  Edgar Brandt
    WINDHOEK – The Namibia Airports Company (NAC) yesterday assured the nation of no connection between the upcoming security audit by the International Civil Aviation Organisation (ICAO), scheduled for 18 to 28 November, and a
    Fiscal consolidation stays the course despite economic headwinds - Schade

    Fiscal consolidation stays the course despite economic headwinds - Schade

    2018-11-08  Edgar Brandt
    WINDHOEK - Despite prevalent economic headwinds which have an adverse impact on revenue collection, government is staying the course to rein in the fiscal deficit and total public debt, as announced by Minister of Finance, Calle Schlettwein, when he presented the fourth Mid-year Budget Review at the end of October.
    Namibia can become self-sufficient in terms of energy production

    Namibia can become self-sufficient in terms of energy production

    2018-11-09  Edgar Brandt
    This week New Era’s Senior Business Reporter, Edgar Brandt (EB), interviewed the Business Development Manager of Finnish energy firm, Wärtsilä, Mark Zoeters (MZ) who formed part of a Finnish business delegation that recently visited Namibia for a business seminar themed ‘Finland World Ideas’. The seminar was organised by the Finnish embassy.
    Fishing industry applauds TACs as it awaits new fishing rights

    Fishing industry applauds TACs as it awaits new fishing rights

    2018-11-13  Edgar Brandt
    WINDHOEK – The Confederation of Namibian Fishing Associations has welcomed the Cabinet approved Total Allowable Catch (TAC) for hake of 154 000 metric tons for the 2018/2019 fishing season, which begins November 1 and ends on September 30, 2019. According to chairman of the confederation, Matti Amukwa, the TAC, which is recommended by fisheries scientists in the Ministry of Fisheries and Marine Re
    Gome out with knee injury, Hotto doubt for Bissau clash

    Gome out with knee injury, Hotto doubt for Bissau clash

    2018-11-13  Edgar Brandt
    WINDHOEK - Brave Warriors midfielder Wangu Gome is out of the 2019 African Cup of Nations (AFCON) Group K qualifier against Guinea Bissau this Saturday, enterprising front man Deon Hotto is a doubt for the vital clash.
    First Rent Control Board members appointed

    First Rent Control Board members appointed

    2018-11-15  Edgar Brandt
    WINDHOEK - Minister of Industrialisation, Trade and SME Development Tjekero Tweya yesterday announced the members of Rent Control Boards in the regions of Oshana, Kavango East, Erongo and Khomas.
    Growing concern over Angolan fuel smuggling at Oshikango

    Growing concern over Angolan fuel smuggling at Oshikango

    2018-11-19  Edgar Brandt
    WINDHOEK - The Ministry of Mines and Energy says it has noticed with growing concern the illegal activities taking place at the Oshikango border post in the Ohangwena Region where large amounts of illegal fuel are smuggled into the country for resale. Angolan petrol sells for just over N$6 per litre and diesel for about N$7.30 per litre compared to well over N$14 per litre in Namibia. 
    Namibia opens airport security books to ICAO auditors

    Namibia opens airport security books to ICAO auditors

    2018-11-20  Edgar Brandt
    WINDHOEK – Minister of Works and Transport John Mutorwa yesterday officially welcomed the team from the International Civil Aviation Organisation (ICAO), which arrived in the country to conduct a universal security audit on the country’s airports.
    RFA considers road tolls and new levies to close funding gaps

    RFA considers road tolls and new levies to close funding gaps

    2018-11-21  Edgar Brandt
    WINDHOEK - The Road Fund Administration (RFA) has cautioned that closing of funding gaps along with initiating other revenue solutions will be required in both the medium and long-term in order to meet targets set out in the fifth National Development Plan, Harambee Prosperity Plan and Vision 2030.
    SSC avails N$2 million for NUST to train Keetmanshoop youth

    SSC avails N$2 million for NUST to train Keetmanshoop youth

    2018-11-22  Edgar Brandt
    WINDHOEK - A service level agreement signed this week between the Namibia University of Science and Technology (NUST) and the Social Security Commission (SSC) will facilitate skills training in gemology, jewellery design and entrepreneurship for the country’s unemployed youth.  The agreement, for which N$2 million has been reserved by SSC, was signed on Tuesday by Dr Tjama Tjivikua, NUST vice-chan
    Single African Air Market proposal to reach Cabinet soon

    Single African Air Market proposal to reach Cabinet soon

    2018-11-27  Edgar Brandt
    WINDHOEK – The Ministry of Works and Transport is in the process of drafting a proposal for Namibia to accede to the Single African Air Transport Market (SAATM), which was launched in Addis Ababa, Ethiopia, at the end of January 2018.
    IATA calls for closer cooperation with African governments

    IATA calls for closer cooperation with African governments

    2018-11-27  Edgar Brandt
    WINDHOEK – The International Air Transport Association (IATA) yesterday commended African governments for their cooperation but has called for closer collaboration, particularly in the fields of safety and environmental sustainability.
    Epangelo wants to increase government’s 3% share in Rossing Uranium

    Epangelo wants to increase government’s 3% share in Rossing Uranium

    2018-11-29  Edgar Brandt
    WINDHOEK – Epangelo Mining, the State-owned mining company established in 2008 to occupy a significant position in major commodity businesses, inclusive of uranium, has confirmed that while it was not offered a first-right of refusal for the Rio Tinto shares in Rössing Uranium, because it is not a direct shareholder in the mine, it is in fact interested in increasing government’s three percent sta
    Job losses in mining sector concerns Alweendo

    Job losses in mining sector concerns Alweendo

    2018-11-30  Edgar Brandt
    WINDHOEK – Minister of Mines and Energy, Tom Alweendo, is concerned about recent job losses within the mining sector and has called on Namibian mining executives to brainstorm on how to retain employment for Namibians as well as to create prospects for unemployed graduates to benefit from the country’s extractive resources. Alweendo expressed his concern during a briefing with mining industry exec
    December fuel price drop brings short-term relief 

    December fuel price drop brings short-term relief 

    2018-12-03  Edgar Brandt
    WINDHOEK - The fuel price will go down by one dollar per litre for petrol and 40 cents per litre for diesel on December 05, 2018, bringing some much-needed relief to Namibian consumers who are reeling from slow economic recovery and increasing inflation. 
    Mines ministry awaiting Rossing sale agreement

    Mines ministry awaiting Rossing sale agreement

    2018-12-03  Edgar Brandt
    WINDHOEK – The Ministry of Mines and Energy expects the Rössing Uranium Mine to continue operating under its existing and planned programs until otherwise informed by the board of directors or management of Rössing Uranium Limited.
    Schlettwein announces PPP committee members

    Schlettwein announces PPP committee members

    2018-12-04  Edgar Brandt
    WINDHOEK – The Public Private Partnership (PPP) Committee, which will play a central role in the monitoring, evaluation, and implementation of PPPs, was yesterday announced by Finance Minister, Calle Schlettwein. Economic analysts believe that PPPs could provide amicable solutions to infrastructure development and economic growth in the domestic economy that is struggling to rebound from a recessi
    Board appointed at revenue agency’s D-day draws closer

    Board appointed at revenue agency’s D-day draws closer

    2018-12-04  Edgar Brandt
    WINDHOEK – The much-awaited operationalisation of the Namibia Revenue Agency (Namra) continued to gain momentum yesterday. With the announcement of its Board of Directors before the semi-autonomous agency, it is scheduled to commence at the beginning of March 2019. Namra was established at the end of 2017 with the promulgation of the Namibia Revenue Agency Act after Cabinet approval in 2013, and w
    N$32 billion invested in Namibian mines in four years

    N$32 billion invested in Namibian mines in four years

    2018-12-06  Edgar Brandt
    WINDHOEK – The mining industry continues to be a significant driver of domestic economic growth to the extent that during the last four years over N$32 billion has been invested in new mines and reinvestments.