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    Josia Shigwedha

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    Josia Shigwedha

Investment

106 Results / Page 4 of 12

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Environment

Government Invests in Renewable Energy for Self-Sufficiency

Namibia is making major investments in renewable energy to reduce its reliance on electricity imports. Speaking in Parliament on 13 February 2025, Finance Minister Hon. Iipumbu Shiimi unveiled plans for large-scale solar and wind energy projects aimed at achieving energy independence. One Africa Tv NewsOne journalist Ellen Shihepo reports:

today15 February, 2025

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Business / Economics

07 February 2025 BIz News

Inflation Rate Drops to 3.2% in January The Statistics Agency has released its latest report on the country’s inflation rate, revealing a decline in the annual headline inflation rate to 3.2% for January 2025. This marks a notable drop from the 5.4% recorded in January 2024. The decrease is attributed to lower fuel prices and easing food costs, providing relief to consumers. Minerals Council SA Calls for Faster Mining Approvals […]

today7 February, 2025

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Africa

Mission 300 summit in Tanzania addresses Africa’s electricity access

Leaders from government, development organisations, the private sector, and civil society gathered in Dar es Salaam, Tanzania, on January 27-28, 2025, for Mission 300: The African Energy Summit. The summit aims to strengthen global efforts to improve electricity access across sub-Saharan Africa.   Agence Française de Développement (AFD) Group, CEO Rémy Rioux     AFD’s €1 Billion Commitment to Energy Access   The Agence Française de Développement (AFD) Group has […]

today29 January, 2025

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World

UN Chief delivers optimistic new year’s message

The world continues to struggle with unprecedented challenges from the Los Angeles fires to the Ukraine war, but there are also reasons for cautious optimism in 2025. On a long-awaited ceasefire in Gaza, climate action, gender equality, and more, Secretary-General António Guterres insisted on Wednesday. In his traditional New Year address setting out the global organisation's priorities, the UN chief acknowledged that it is understandable to get overwhelmed given the turmoil all […]

today16 January, 2025

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Business / Economics

No oil: Sintana Energy optimistic despite Kapana 1-X outcome

Exploration map   TORONTO, 15 January 2025 — Sintana Energy Inc. has given an operational update on the Kapana 1-X exploration well, located on Block 2813B within Petroleum Exploration License 90 (PEL 90). The block is operated by Harmattan Energy Limited, a subsidiary of Chevron Corporation, with Trago Energy (Pty) Ltd., a Custos Energy subsidiary in which Sintana holds a 49% indirect interest, owning a 10% working interest in the […]

today16 January, 2025

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Business / Economics

Shell’s challenges may reflect wider issues for oil drilling companies

Shell used the Deepsea Bollsta rig, formerly known as West Bollsta for its drilling campaign in Namibia's Orange Basin; Source: Odfjell Drilling   Energy lawyer Shakwa Nyambe has cautioned that the challenges Shell is facing in the Orange and Walvis Basins may soon affect other oil drilling companies operating in these regions. His remarks follow the UK-headquartered energy giant's recent write-down of US$400 million in the Orange Basin. Speaking to […]

today13 January, 2025

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Business / Economics

S.A’s Ramaphosa Urges Stronger Trade and Investment with Angola

  S.A President Cyril Ramaphosa has called for stronger trade and investment ties between South Africa and Angola. Speaking during the state visit of Angolan president João Lourenço, Ramaphosa said both countries must explore new economic opportunities beyond the oil sector, particularly in areas such as infrastructure, agriculture, and renewable energy:  

today13 December, 2024

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Opinion Pieces

Namibia Economic Performance under H.E. Dr. Netumbo Nandi-Ndaitwah

  Josef Kefas Sheehama As an independent economic and business researcher and board member of the African Council on Foreign Relations, I would like to celebrate Namibian history by extending my heartfelt congratulations to H.E. Dr. Netumbo Nandi-Ndaitwah, Namibia's first female president-in-waiting and therefore first female president of the Southern African Development Community (SADC). One must be familiar with Iceland's first female president, Vigdís Finnbogadottir, who was elected in 1980. […]

today11 December, 2024