NAMIBIA Archives - Page 2 of 4

LETSHEGO TO LAUNCH AFFORDABLE HOUSING SCHEME IN NAMIBIA

Posted on August 22, 2022 by Gambeta News

Letshego said the product was initially aimed at customers in Namibia and Botswana, with roll-out plans to the group’s remaining pan-African countries. Letshego struck a US$50 million loan deal from the International Finance Corporation, the World Bank’s private-sector lending division, for 4 000 affordable housing loans in Namibia to new homeowners, with the potential to expand that partnership to other countries. The group said it has realised that citizens of many countries across Africa struggle…

TRANSNET PLANS TO INVEST N$44BILLION IN TWO PORT OVER FIVE YEARS IN NAMIBIA

Posted on August 3, 2022 by Gambeta News

South Africa’s state-owned logistics company Transnet plans to invest N$44 billion into its two port divisions over the next five years and aims to turn Durban into a “world-class” hub for container shipping. The rail, port, and pipeline company, damaged by years of corruption, mismanagement, and infrastructure in a state of disrepair, has turned a corner. Transnet recently posted a profit of N$5 billion for the year ended March 20222, swinging sharply upwards from a…

CHINESE CONSTRUCTION COMPANY SUES THREE NAMIBIA COMPANY

Posted on July 12, 2022 by Gambeta News

Chinese construction company, China Railway Seventh Group, has dragged three insurance companies, for refusing to pay out N$10 million in damages, to court. The company claims that Hollard Insurance Company of Namibia, Quanta Insurance Limited, and Momentum Insurance Limited have refused to pay out an insurance claim about damages incurred during the ongoing construction of phase one of the dual carriageway to the Hosea Kutako International Airport. According to the agreement, the insurance companies would…

CONSTRUCTION OF TWO MINISTRY IN NAMIBIA ABANDONED DUE TO POOR WORKMANSHIP

Posted on June 24, 2022 by Gambeta News

The construction of offices for the Ministry of Agriculture, Water and Land Reform and the Ministry of Education, Arts and Culture at Eenhana in the Ohangwena region have been left abandoned for years. This is said to be due to poor workmanship. The tender for the agriculture ministry’s regional office construction was awarded to Spes Bona Constructions and Renovations CC, for N$34 million in 2014, but the building was abandoned three years later. The company…

NAMIBIA’s INDEPENDENCE STADIUM FACELIFT SET FOR AUGUST

Posted on June 21, 2022 by Gambeta News

The refurbishment of the Independence Stadium in Windhoek is expected to start in August and will cost just over N$83 million, the Ministry of Sport, Youth, and National Service. That figure could rise to N$125 million if the City of Windhoek sells the open area on the southern part of the stadium to the sports ministry, executive director Audrin Mathe said. The City of Windhoek wants N$25 million for the area earmarked for parking and…

COMMUNITY MEMBERS AGGREIVED OVER POOR ROAD CONSTRUCTION IN NAMIBIA

Posted on June 16, 2022 by Gambeta News

Aggrieved community members of the Okondjatu district are up in arms over the constant shoddy construction work executed at the poorly developed village, north east of Okahandja, in the Otjozondjupa Region. Some community members raised serious concerns over the habitual awarding of tenders to what they termed fly-by-night construction companies, that seem to be falling way short of the requirements to properly fulfill their assignments. At the center of the storm is the seemingly permanently…

CONSTRUCTION OF NAMIBIA’s N$42M RESREACH TRAINING CENTRE TO BEGIN SOON

Posted on June 1, 2022 by Gambeta News

The first institution is the N$42 million International University of Management (IUM) research, training and conference centre. The municipality of Swakopmund on Monday officially handed the designated land over to IUM. David Namwandi, the founder and chairperson of the IUM, says the centre is aimed at creating new knowledge which can solve the many challenges the nation is facing within the 21 century. “In the 21st century, we are dealing with the fourth Industrial Revolution,…

COURT ORDERS CONSTRUCTION WORKERS TO RETURN TO SITE IN NAMIBIA

Posted on May 24, 2022 by Gambeta News

Construction workers of a Chinese-owned company, employed for the expansion of the Gibeon-Tses Road, who downed tools earlier this month, have been ordered by the court to resume duty. High Court Judge Harald Geier interdicted employees of China Henan International Cooperation Group (Pty) Ltd (Chico), represented by Metal and Allied Namibian Workers Union (MANWU) and supported by Michael Amushelelo and political party Namibia Economic Freedom Fighters (NEFF), from continuing with the strike. The court also…

HOW YOUNG AFRICAN LADY IS CHANGING THE MANUFACTURING INDUSTRY IN NAMIBIA

Posted on May 19, 2022May 19, 2022 by Gambeta News

A YOUNG business management graduate has ventured into the manufacturing industry, turning thorns into toothpicks. Nadapewa Embula (26) said that struggling to find employment as a graduate is what drove her to start her own business, and the solution was the camel thorn tree. Embula said the inspiration to make toothpicks was sparked in 2018, after reading an article in which former industrialization and trade minister Tjekero Tweya lamented the fact that the country does…

CONSTRUCTION OF NEW AIRPORT FREEWAY BEGINS IN NAMIBIA

Posted on May 11, 2022 by Gambeta News

The construction of the new freeway between Windhoek and the Hosea Kutako International Airport is expected to be concluded in 2024. This is according to Roads Authority CEO Conrad Lutombi, who was speaking at the ground-breaking ceremony for the upgrading to dual carriageway standards of the road on Monday. This is the third and last phase of the project, which will be financed through a grant from China to the Namibian government at approximately N$1.035…

NAMIBIA GOVT. TO PROCURE SECOND MULTI-BILLION DOLLAR DESALINATION PLANT

Posted on May 4, 2022 by Gambeta News

Namibia government is set to proceed with the procurement of a second multi-billion-dollar desalination plant to be constructed at the coast in partnership with NamWater. Agriculture minister Calle Schlettwein during the commissioning of water reservoirs by the RЪssing Uranium mine indicated the next step is to proceed with the procurement of the second desalination plant. Plans for the second desalination plant have been in the pipeline after the government opted not to buy the Orano…

NAMIBIA MAKING PLANS TO STRENGTHEN IT’s RENEWABLE ENERGY SECTOR

Posted on April 8, 2022 by Gambeta News

According to Namibia’s household national data, there are 235 884 rural households, of which 35 855 are connected to the grid, while 18 324 have access to solar energy, giving rural electrification a rate of 20%. In efforts to strengthen the renewable energy sector in Namibia with a focus on promoting off-grid electrification in rural areas, Deputy Minister of Mines and Energy Kornelia Shilunga said during the launching of the Green People’s Energy project under…

KHAN SOLAR PROJECT WORTH N$300M LAUNCHED IN NAIMIBIA

Posted on April 1, 2022 by Gambeta News

Namibia’s energy sector is making significant advancements in implementing renewable energy solutions, as another N$300 million plant was launched this week. The Khan Solar project was launched by Alpha Namibia Industries Renewable Power Limited (ANIREP), about 45 kilometers outside Usakos in the Erongo region. The 20 Megawatt (MW) solar plant, once completed, is expected to feed into the national grid with electricity that can power at least 18 500 homes or three small towns. The…

ZAMBEZI COMMUNITY SCHOOL GETS NEW HOSTELS

Posted on March 14, 2022 by Gambeta News

The accommodation challenges facing the Zambezi region in Namibia are set to become a thing of the past after the complete construction of community hostels. The community hostels were built at Lusese, Ibbu, Sachona, and Shesheke for N$1.3 million each. During the official handover of the hostels, Deputy minister of education, arts, and culture, Faustina Caley, said as much as the government has had success with regards to equal access to education for all Namibian children,…

NAMIBIA CONSTRUCTION TO ENTER SEVENTH YEAR OF CONTRACTION

Posted on March 3, 2022 by Gambeta News

Experts say the Namibia’s construction sector is projected to remain in contraction during 2022 before recovering to growth in 2023. According to the Bank of Namibia (BoN) February economic outlook, it stated that the projected contraction in 2022, is a moderation from a deeper contraction of 19.2% in 2021, and marks the seventh year of consecutive contractions for the sector. That the sector is expected to contract by 2% in 2022 before expanding by 2.5%…

LACK OF ROAD ACCESS AFFECTING SCHOOL PROJECTS IN NAMIBIA

Posted on February 23, 2022 by Gambeta News

A proposed construction of a school project by the chinese government is set to be put on halt due to lack of access to the proposed site location. The project which is the construction work of Satotwa Primary School has made the Chinese government to request the Namibian government to ensure there is a gravel road for their trucks to be able to deliver construction materials. The agreement was signed between the chinese government and…

WHY ALL PARTIES ARE TO BE BLAMED FOR N$5.5M RUNDU TOWN POOR ROAD NETWORK

Posted on January 25, 2022 by Gambeta News

NAMIBIA RFA CEO COMPLAINED OF POOR ROAD AFTER FUNDS WERE RELEASED Namibia Road Fund Administration (RFA) CEO Ali Ipinge has express his displeasure of the nature of roads in Rundu Town Council during a site visit. The CEO is left dissappointed after witnessing the set of bad road network in the area after N$5.5 million was allocated to them to improve the town’s decaying roads. According to Ipinge, ”We are now having exactly two-and-a-half months…

NAMIBIA CONSTRUCTION NIGTHMARE: WHY THE MASSIVE DECLINE?

Posted on January 10, 2022 by Gambeta News

For the past three years, Namibia construction sector has witness a rapid decline in the sector. This is as a result of project not completed on time and the banks having difficulty to extend credit which has seriously affected the sector. The construction sector has been a major driver of growth in the country but due to its slow pace, it has seriously affected the country GDP. A research in 2017, reported that 231 building…

NAMIBIA SEEKS INVESTORS FOR $29 MILLION SOLAR POWER PLANT

Posted on June 22, 2021 by Gambeta News

Namibia is seeking developers to build a 25 megawatt solar-power facility that will help solve electricity shortages and achieve its target of renewable energy sources. This project will source energy for its capital, Windhoek through a public-private partnership that will include construction, financing and operation of the facility. Billed at 420 million Namibian dollars ($29 million), Namibia is targeting 70% of its installed electricity capacity to come from renewable sources by 2030. Source: Bloomberg | News24

NAMIBIA AND BOTSWANA SIGN PARTNERSHIP FOR MUTUAL COOPERATION

Posted on February 9, 2021 by Gambeta News

Botswana’s President Mokgweetsi Masisi working visit to Namibia strengthens partnership between both nations. This demonstrates the importance of dialogue and mutual cooperation. Both nations have elevated their partnership to reinforce political cooperation, economic development and sharing of experiences in areas of mutual concern.

« 1 2 3 4 »