insert_link Local Capricorn Group Changemakers honour community heroes on Heroes’ Day In celebration of Heroes Day, over 30 Capricorn Group employees, in their role as Changemakers, hosted an event to honour project leaders and volunteers from various projects, centres, and organisations. This heartwarming gesture acknowledged the remarkable contributions of local charity leaders, as community heroes, that work tirelessly to address ongoing community needs through selfless acts. The event occurred on Friday, 23 August, with over 40 community heroes from 30 […] todayAugust 23, 2024 24
insert_link Namibia Namibia Breweries Invests N$337 Million in New Wine Packaging Line Namibia Breweries Limited has invested N$337 million in a new wine packaging line, creating 16 new permanent jobs and offering permanent positions to 23 temporary staff according to The Brief. The new line, completed ahead of schedule, allows NBL to package popular wine brands locally. In addition, NBL has invested N$44 million in upgrading existing packaging lines and N$56 million in expanding its warehouse. This investment, driven by Heineken’s increased […] todayAugust 23, 2024 60
insert_link Namibia NAMPORT’s N$4-Billion Lüderitz Expansion to Create Key Oil and Gas Supply Base The Namibian Ports Authority is investing N$4 billion in the expansion of Lüderitz’s Robert Harbour to establish a crucial oil and gas supply base reports The Brief. Phase 1 includes building a 500-meter quay wall and reclaiming 14 hectares of land, with an Environmental Impact Assessment and Front-End Engineering Design underway. The first section of the quay wall is expected to be completed by mid-2027, with final completion by 2028. […] todayAugust 23, 2024 44
insert_link Business / Economics Namibia Breweries Contributes N$2.4 Billion to Economy and Expands Global Presence Namibia Breweries Limited has contributed N$2.4 billion to the local economy through corporate taxes, customs duties, and excise fees reports The Brief. In the past year alone, the company paid N$800 million in corporate taxes and N$1.6 billion in customs and excise duties. NBL's beer exports reached N$747 million in 2023, reflecting its global competitiveness. Additionally, NBL was a major driver of foreign direct investment, with Heineken increasing its shareholding […] todayAugust 23, 2024 32
insert_link Namibia Local Researcher Criticizes National Development Plan 6 for Overlooking Uranium And Sustainable Energy Solutions Local Economic and Business Researcher, Josef Sheehama says Namibia's National Development Plan 6 is not inclusive of sustainable energy solutions pertaining to Uranium and Nuclear Power Plants for Namibia's energy independence. todayAugust 23, 2024 26
insert_link Business / Economics Competition Commission Approves Dundee-Sinomine Merger with Employment Conditions The Competition Commission has approved the merger between Dundee Precious Metals Tsumeb Holdings and China’s Sinomine Resource Group, provided there are no retrenchments of Namibian employees for three years. The companies must also maintain a minimum ratio of 92% local employees to foreign employees. NaCC spokesperson: Dina //Gowases. todayAugust 23, 2024 49
insert_link Business / Economics Panel Discusses Transparency and Resource Management at Oil and Gas Conference At the Oil and Gas Conference, a panel emphasized the need for balancing transparency with natural resource management. They highlighted establishing governance structures, ensuring information access, and engaging stakeholders. The discussion also focused on conflict resolution, adaptive management, international standards, environmental sustainability, and the importance of public awareness and education. Graham Hopwood: Executive Director at the Institute for Public Policy Research. todayAugust 23, 2024 52
insert_link Namibia Political Parties Urged to Elect Inclusive Parliamentarians Human rights activist, Linda Baumann has called on Namibian political parties to ensure that their selection of parliamentarians is based on merit and inclusivity. With the ruling party's upcoming electoral college and other parties preparing their candidate lists, Baumann emphasized the importance of democratic and open nomination processes. She urged parties to consider candidates' commitment to human rights, social justice, and the representation of marginalized communities, including those with disabilities, […] todayAugust 23, 2024 15
insert_link Business / Economics PwC South Africa’s Martin Solomon Talks Oil And Gas The second annual Namibia Oil and Gas Conference is currently underway at the Mercure Hotel in Windhoek, centered around the theme "The Next Steps towards a Prosperous Oil and Gas Industry: Powering Namibia's Sustainable Future." The event features a panel discussion on Namibia's role in the global oil and gas market, with a focus on driving economic growth, market development, and transitioning towards a low-carbon economy. Martin Solomon, Energy SME […] todayAugust 23, 2024 35