insert_link Business / Economics Kamanjab drilling boreholes for better access to water The Kamanjab Village Council is in the process of drilling its own boreholes to guarantee that the community and surrounding areas have enough water supply and to avoid relying on NamWater for water delivery. The Ministry of Urban and Rural Development funded the project with N.dollars 5 million last month to drill four boreholes. Shamarunga Trading Enterprises CC has been contracted for the project. Bianca Nguaiko, Chief Executive Officer (CEO) […] todayNovember 20, 2023 28
insert_link Business / Economics ‘November in Namibia’ initiative launched to boost intra-African connections A group of 21 Ghanaian tourists arrived in the country on Sunday for the ‘November in Namibia’ tourism and business pilot initiative. The Ministry of International Relations and Cooperation in a media statement on Friday said the initiative aims to develop Namibia’s tourism industry within the framework of the African Continental Free Trade Area and ‘The Africa We Want’ agenda. The initiative is also part of the memorandum of understanding […] todayNovember 20, 2023 8
insert_link Business / Economics Chevron finds contractor to undertake an environmental and social impact assessment Chevron has contracted SLR Environment Consulting to undertake an environmental and social impact assessment for an oil exploration project in the Orange Basin. The impact assessment project leader, Nicholas Arnott, says the exploration project will continue to the development phase should the company find a substantial deposit of hydrocarbons in block 2813B. The purpose of the project is to drill exploratory wells to assess the potential to develop oil and […] todayNovember 20, 2023 2
insert_link Africa Effective rollout of eSIMs requires diverse and optimized systems Telco operators in Africa have a real opportunity to boost revenue and customer growth by expediting the deployment of eSims. But first they’ll need to navigate the nuances of local markets respectively, and optimise their processes. According to Louis Avenant, Senior Project Manager at Itemate Solutions, the exponential growth in smart and connected devices make a strong case for greater investment in the nascent technology. “eSIMs eliminate the need for […] todayNovember 16, 2023 51
insert_link Business / Economics Capricorn Group announces appointment of new Group CEO The Chairman of the Capricorn Group Board, Mr. Gerhard Fourie, announced that the recruitment process for the position of Group CEO of Capricorn Group has been successfully concluded. The Capricorn Board has approved the appointment of Mr. David Nuyoma as the Group CEO Designate with effect from 1 January 2024 and as substantive Group CEO with effect from 1 March 2024, subject to regulatory approval. “Mr. Nuyoma is an experienced […] todayNovember 15, 2023 31
insert_link Africa Projects funded by the World Bank Group’s private sector arm fuel armed conflict – it’s time to reform the system Brian Ganson, Stellenbosch University; Anne Spencer Jamison, Copenhagen Business School, and Witold Jerzy Henisz, University of Pennsylvania To what extent does private investment help developing countries to reduce conflict and violence and to achieve the Sustainable Development Goals? This is a hotly debated issue. Most international institutions such as the World Bank Group take the stance that the problem is not enough private investment. So they mobilise public resources to […] todayNovember 14, 2023 10
insert_link Business / Economics Cenored-Okahandja electricity distribution JV dissolved The seven-year electricity distribution joint-venture (JV) between the Central North Regional Electricity Distributor (Cenored), and the Okahandja Municipality was on Tuesday dissolved and incorporated into Cenored’s businesses empire. This was announced by Cenored board chairperson, Kandali Iyambo on Tuesday at Okahandja in the presence of several Cenored board members, executives and the local authority councillors of Okahandja. Iyambo at the event stated that from now onward the electricity network infrastructure […] todayNovember 14, 2023 18
insert_link Business / Economics Bank Windhoek revamps its Maternity Benefit Payment Bank Windhoek continually and proactively looks at steps to showcase its commitment to diversity, equity and inclusion, fostering a supportive environment where innovative gender collaborations are sought after and where all employees feel valued. This statement was made by Bank Windhoek’s Executive Officer of Human Capital, Retuura Ballotti, on Friday, 2 November 2023, when she announced amendments to the Bank's Maternity Leave Benefits. Ballotti said that the development is part […] todayNovember 8, 2023 2
insert_link Business / Economics Rinaani Musutua, an advocate for economic and social justice with the Basic Income Grant Coalition, provides her perspective on Namibia’s unemployment rate. https://youtu.be/kpiINO-03g0 Following the recent mid-term budget review, which saw a substantial increase in budgets for seventeen government offices, ministries, and agencies, totaling 2.5 billion Namibian dollars, Rinaani Musutua, an advocate for economic and social justice with the Basic Income Grant Coalition, provides her perspective on Namibia's unemployment rate. todayNovember 6, 2023 26