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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Namibia

3155 Results / Page 67 of 351

Background
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Business / Economics

Letshego reports 14% revenue growth in 2024

For the first half of 2024, Letshego Holding Namibia recorded a strong growth of 14% year-on-year increase in total revenue, driven by a 21% rise in interest income. Net interest income grew by 15% to N$251 million, strengthened by a 3% increase in net advances to customers and strategic repricing of low-interest loans. CEO of Letshego Holdings Namibia, Dr Ester Kali says the bank has maintained a stable cost-to-income ratio […]

todayAugust 29, 2024 38

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Namibia

Windhoek enforces new water saving rules

Following the declaration of a category D severe water scarcity drought by the Council on 31 July 2024, and in line with the City of Windhoek's water management plan, new water-saving measures will be implemented starting 1 September 2024. City spokesperson, Lydia Amutenya, has more.   Earlier this week, the municipality announced that between 19 and 26 August 2024, it managed to reduce water consumption by 6% which still falls […]

todayAugust 29, 2024 95

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Namibia

Green Hydrogen Sector Boosts Jobs and SME Investment

  Green Hydrogen Commissioner, James Mnyupe has announced that the green hydrogen sector has created over 400 jobs and invested around N$170 million in small and medium-sized enterprises for services reports The Brief. This represents a significant increase from the 200 jobs reported in July within Namibia’s Central Valley. The country now hosts eight active green hydrogen projects—Hyphen, Elof Hansson, HDF Energy, HyIron, Zhero, Cleanergy Solutions, Daures Hydrogen Village, and […]

todayAugust 29, 2024 15

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Environment

The Environmental Investment Fund and NORED Launch Solar Mini-Grid Project in Puros Under TIDRET Initiative

The Environmental Investment Fund  and the Northern Electricity Distributor have agreed to build a 300kV solar mini-grid in Puros, Kunene Region says The Brief. This initiative, part of the Towards an Inclusive Design of the Renewable Energy Transition project, will supply energy to 164 households and around 500 people. Scheduled to start in October 2024 and finish in about six months, NORED will oversee the plant and implement a social […]

todayAugust 29, 2024 26

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Namibia

National Prosecuting Authority of South Africa Opposes Zuma’s Bid to Remove Prosecutor Downer from Corruption Case

The National Prosecuting Authority of South Africa has submitted a notice of intention to oppose former president Jacob Zuma’s latest application to have state prosecutor Billy Downer removed from his arms deal corruption case. Zuma is due back in the Pietermaritzburg High Court today for what is meant to be a pretrial hearing in the case. However, the hearing is likely to be delayed as the former president’s legal team […]

todayAugust 29, 2024 39

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Interview Transcripts

INTERVIEW: Gobabis Community to Stage Mass Demonstration Against Municipal Injustices

  The Gobabis community is set to stage a mass protest, driven by longstanding grievances over social and economic injustices perpetuated by the local municipality. The protest, spearheaded by Veronia Mokaleng-Kuzeeko, a regional activist, will see community members gather to demand accountability and improved services from the Gobabis municipality. During a conversation, the activist outlined the issues prompting the demonstration. "The water infrastructure in Gobabis is severely compromised, with regular […]

todayAugust 29, 2024 69

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Business / Economics

Namibians Need N$36,000 Monthly to Qualify for N$1-Million Home Loan, Reveals Affordability Crisis

Salomo Hei, Economist and Managing Director at High Economic Intelligence, has highlighted that Namibians need a monthly income of N$36,000 to secure a N$1-million home loan, exposing the worsening affordability crisis in the country reports The Brief. Hei attributes the steep cost of housing to the sharply rising price of land. He also noted that high interest rates and restricted access to financing have made homeownership increasingly unattainable for many. […]

todayAugust 29, 2024 30

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Business / Economics

Air Cargo Demand Surges in July, Marking Strong Year for the Industry

The International Air Transport Association's July analysis shows a 13.6% increase in air cargo demand compared to July last year, marking the eighth consecutive month of double-digit growth. The air cargo sector is benefiting from global trade expansion, booming e-commerce, and maritime shipping constraints, setting the stage for a robust year. IATA's Public and Media Relations Advisor, Linden Birns.  

todayAugust 29, 2024 24

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