2023-04-26Maihapa Ndjavera Trade minister Lucia Iipumbu said Namibia is ready and open for business and in her pursuit to attract tangible investments, the government is deliberate in ensuring a conducive investment climate, which is supported by progressive regulatory and policy frameworks. View more
2023-04-28Maihapa Ndjavera President Hage Geingob yesterday said he and his Finnish counterpart held fruitful discussions based on the long-standing relationship between the countries, but took issue with a visiting journalist’s question on the fear that Namibia’s recent massive energy projects might lead to the country being recolonised. View more
2023-05-02Maihapa Ndjavera Finland president Sauli Niinistö and his business delegation concluded their two-day state visit, with the energy sector leading much of the discussions. View more
2023-05-02Maihapa Ndjavera Mines and energy ministry’s spokesperson Andreas Simon said the ministry remains fully aware of the negative impact that high fuel prices inflict on motorists; hence, the public is advised to use scarce resources more prudently during these tough economic times. View more
2023-05-02Maihapa Ndjavera The Electricity Control Board’s (ECB) financial position remains sound, but the reduced electricity consumption levels over the past five years are not expected to recover instantly, given the prevailing economic downturn, which remains a concern for the ECB’s future revenue projections. View more
2023-05-05Maihapa Ndjavera The national rail service operator faces the dual challenge of an ageing and deteriorating railway infrastructure and outdated rolling stock. View more
2023-05-08Maihapa Ndjavera President Hage Geingob has welcomed Heineken’s takeover of Namibia Breweries Limited (NBL), and has reminded the new controlling shareholders to focus on industrialisation and employment-creation. View more
2023-05-08Maihapa Ndjavera An increase in the prime lending rate at commercial banks has direct implications for the debt-servicing cost of domestic households. This places additional strain on already vulnerable households severely weakening their ability to service both interest and capital repayments. This is substantiated by the growth in household debt. View more
2023-05-08Maihapa Ndjavera The Institute for Public Policy Research (IPPR) has cautioned that while Namibia is making progress in building new electricity-generating capacity, progress is not fast enough, and will not be sufficient to completely replace imports. The IPPR stated that this precarious situation is likely to last several years until the end of the decade. View more
2023-05-10Maihapa Ndjavera Hyphen Hydrogen Energy, the preferred bidder for Namibia’s first-ever large-scale vertically integrated green hydrogen project, has secured an agreement with Koole Terminals to use its infrastructure to import green ammonia for the European market. View more
2023-05-10Maihapa Ndjavera The trade ministry has partnered with the German Sparkassenstiftung for International Cooperation (DSIK) to strengthen the capacity of micro, small and medium enterprises (MSMEs) in Namibia through the provision of business simulation training workshops. View more
2023-05-11Maihapa Ndjavera The European Union (EU) and Namibia are devising a strategic plan for the implementation of an agreement the two parties signed to detail a way forward for sustainable raw material value chains and renewable hydrogen. This is according to the EU ambassador to Namibia Sinikka Antila. View more
2023-05-11Maihapa Ndjavera Road Fund Administration (RFA) CEO Ali Ipinge has come out loud and clear that gradual increases in fuel-efficient vehicles on Namibian roads and the advent of electric vehicles are increasingly constraining the fund’s revenue. View more
2023-05-12Maihapa Ndjavera Mines and energy minister Tom Alweendo believes that among the challenges that could derail the effective implementation of a local content policy for the oil and gas sector is corruption. View more
2023-05-12Maihapa Ndjavera Communications Regulatory Authority of Namibia (CRAN) CEO Emilia Nghikembua stated total investment in the telecommunications sector declined during the fourth quarter of 2022. She cautioned that in the long run, this could result in poorer service quality due to congestion in some areas. View more
2023-05-15Maihapa Ndjavera Struggling Namibian consumers barely dealing with rising debt levels, inflationary pressure and dwindling disposable income now have to deal with another price hike that will certainly fuel an increased cost of most other goods. View more
2023-05-16Maihapa Ndjavera Namibia Chamber of Commerce and Industry (NCCI) president Bisey /Uirab yesterday said Namibia’s recent oil discoveries and its renewable energy ambitions can significantly boost economic growth. He further noted that the evolving opportunities cannot be ignored by the local business community. View more
2023-05-16Maihapa Ndjavera Finance minister Iipumbu Shiimi warned that tax does not discriminate and thus urged all Namibian citizens to be compliant and pay tax as required. Shiimi further cautioned those trying to escape and avoid honouring their tax obligations to the revenue agency to be mindful because “it is just a matter of time”. View more
2023-05-17Maihapa Ndjavera Finance and public enterprises minister Iipumbu Shiimi has appointed and inaugurated a 36-member technical advisory committee (TAC) on Monday, tasked to consult the broader public on a proposed regulation (RF.R.5.10) on the preservation of retirement benefits. View more
Your experience on this site will be improved by allowing cookies.