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

Investment

78 Results / Page 8 of 9

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Business / Economics

Trustco secures N$ 950 million investment

Trustco Group Holdings Limited is finalising deals with key shareholders, including a cash investment of up to NAD 950 million from the United States fund Riskowitz Value Fund LP. The move solidifies RVF as a key anchor foreign investor, allowing Trustco to cement existing investments in the local economy. Quinton Van Rooyen Junior, Trustco's Deputy CEO.

todayJanuary 16, 2024 40

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Local

Trustco plans to raise NAD 2.4 billion from shareholders to tap into Namibia’s economic potential.

    Trustco Group Holdings Limited is concluding pivotal transactions with key shareholders that underscore confidence in Namibia's bright economic prospects and Trustco's time tested capabilities to channel investment into high-growth areas. First, Trustco and United States fund Riskowitz Value Fund LP (RVF) will enter into an option to make a cash investment of up to NAD 950 million into Trustco, entrenching RVF as a key anchor foreign investor. The […]

todayJanuary 16, 2024 21

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Africa

UNEP report highlights potential surge in electric two-wheelers for motorcycle taxis in Africa

By Bonface Orucho, bird story agency Motorcycle taxis, a dominant transportation force in Africa, have substantial potential for electrification as electric two- and three-wheelers gain traction across the continent. These insights stem from a recently launched UNEP report focusing on the state of global electric two- and three-wheelers in emerging markets. At a virtual report launch on Wednesday, January 10, Tom Courtright, the Research Director at Africa e-Mobility Alliance, who […]

todayJanuary 11, 2024 15

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Africa

How will we know when local communities benefit from carbon offset schemes? (commentary)

By Beth Allgood/John Waugh/Craig A. Talmage/Laura Musikanski/Dehara Weeraman on 5 January 2024 Carbon credit schemes face a crisis of legitimacy and often struggle to demonstrate the support of communities who must forgo land uses not compatible with the production and retention of carbon. At the very least, such projects should not negatively impact affected communities, but community support is also not a simple matter of just obtaining free prior and informed […]

todayJanuary 9, 2024 10

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Africa

World’s tallest wood building signals growing investor confidence in sustainable construction practices

  By Seth Onyango, via bird story agency Wooden buildings like the engineered timber construction planned for the world's tallest wood building in Zanzibar may only be starting to appear in cities worldwide but that is not stopping investors from betting on wood becoming a key building block in African construction. "About 200 years ago, everyone was building with timber, then it shifted to cement, steel, and stones. Now people […]

todayDecember 21, 2023 54

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Local

Launch of new benefits for Mineworkers Union of Namibia members

The Mineworkers Union of Namibia (MUN), through NamIt, introduces new products for its members. “At the MUN, we always put the needs of Namibian workers as our motivation. This does not only mean favourable working conditions, but we also want miners to benefit beyond their employable years” said Mr. Ismael Kasuta, President of the MUN. The products, introduced of the MUN Indaba in Swakopmund, encompass the education, employment and legal […]

todayDecember 14, 2023 25

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Business / Economics

Industrialisation and Trade Ministry to conduct public consultations on key economic initiatives

The Ministry of Industrialisation and Trade is set to conduct public consultations on various initiatives, including the Special Economic Zone Bill, National Informal Economy, Startups and Entrepreneurship Development Policy, Namibia Investment Promotion and Facilitation Regulations, and the National Cooling Strategy. Here is Elijah Mukubonda, the Ministry's spokesperson with more details.

todayDecember 12, 2023 27

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Africa

Climate and Energy Campaigners Demand that African leaders to end fossil fuel investment

African climate campaigners and renewable energy industry advocates convened a press conference at COP28 in Dubai today, urging African leaders to put their communities first and reject new fossil fuel investments. "The climate crisis continues to impact the frontline communities’ livelihoods in the Global South, especially in Africa. The affected community's voices need to be heard. African leaders have to make the right choice and decision at COP28, decisions which […]

todayDecember 5, 2023 15

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