The National Petroleum Corporation of Namibia (NAMCOR), in partnership with Shell and QatarEnergy announced a light oil discovery of oil in the Jonker-1X deep-water exploration well.
The well was drilled in Block 2913A & 2914B (PEL 0039) in the Orange Basin, offshore southern Namibia, NAMCOR said in a statement.
According …
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The Sam Nujoma Foundation said the first phase of construction of its new Windhoek office building will be completed this year, and the project would cost over N$45 million.
The land situated in Windhoek North is located close to the new home affairs offices.
The project is co-funded by the …
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The Roads Authority (RA) Namibia has started the planning process for the upgrading of the Bukalo-Muyako-Ngoma (DR3507) and Silumbi-Sizimbukwa (DR3559) gravel roads in the Zambezi region to low-volume seal standards.
The two roads in the Katima Mulilo Rural constituency are 60 and 15 kilometers long, respectively.
RA project control engineer …
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Namibia’s planned energy transition would impoverish the country while contributing virtually nothing to global emission reduction, says American science policy analyst Perry Green. Green says Namibia’s renewable energy ambitions would have no real impact on global carbon emissions.
The government has committed to a 90% reduction in its carbon emissions …
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The Tsumeb municipality is conducting a test on the town’s water supply after Dundee Precious Metals issued a warning that the town’s water is unfit for human consumption.
In an internal communication on Monday, Dundee managing director Zebra Kasete warned the company’s employees and contractors that microbiological quality assessment had …
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Half of Namibia still has no access to electricity, with over 300 000 households, particularly in rural areas, unelectrified.
This was revealed by the executive director of the mines and energy ministry, Simeon Negumbo, who said electricity provision remains a challenge as the country’s overall electrification rate is estimated to …
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Minister of works and transport John Mutorwa over the weekend inspected the upgraded railway between Kranzberg and Tsumeb at Omaruru.
The railway line forms part of the main rail corridor between Walvis Bay and northern Namibia and links Namibia to Angola, the Democratic Republic of Congo (DRC), and Zambia.
Mutorwa …
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Namibia Investment Promotion and Development Board (NIPDB) chief executive officer Nangula Uaandja said Namibia’s ambition is to become the energy capital of Africa.
Uaandja said this last week when she spoke at the Invest in Namibia Country Spotlight session organized by the mines ministry, NIPDB, and Namcor at African Energy …
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The Swakopmund municipality has started cutting off the water supply of some government agencies after several warnings and deadlines to settle accounts have been ignored.
Helao !Naruseb, general finance manager of the Swakopmund municipality said: “They just shrug their shoulders and claim cash-flow problems, but we have no money either.”…
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Households are facing a challenging environment, as the rising cost of living combined with tighter monetary policy this year has added to budgetary pressures.
Credit extended to the private sector grew by 4,0% year on year (y/y) in July compared to 3,4% y/y in June, with net household debt increasing …
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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 …
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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 …
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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 …
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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 …
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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 …
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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, …
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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 …
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 …
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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 …
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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 …
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