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President Mbumba

5 Results / Page 1 of 1

Background

Business / Economics

President Mbumba secures commitments for green hydrogen sales in Europe

President Nangolo Mbumba led Namibia’s delegation at the World Hydrogen 2024 Summit and Exhibition in Rotterdam, Netherlands. Namibia is progressing with plans to establish an ammonia bunkering hub and a green hydrogen-powered train to reduce emissions in shipping and logistics. President Mbumba says these initiatives will minimise scope 2 and scope 3 emissions from goods and commodities transported via Namibia’s ports. He commended the government’s efforts through the Green Hydrogen […]

todayMay 17, 2024 35

Namibia

President Mbumba Calls for Unity and Vigilance Against Social Challenges

President Mbumba emphasized the importance of guarding against tribalism, racism, regionalism, corruption, and crime during Namibia's 34th Independence Day celebrations. He urged Namibians to unite as wise nation builders, working towards economic freedom and shared prosperity. Furthermore, President Mbumba called upon Namibia's security cluster to intensify efforts in safeguarding the nation from both external and internal criminal threats.

todayMarch 22, 2024 16

Namibia

President Mbumba Reports Growth of Welwitschia Sovereign Wealth Fund Investments

President Nangolo Mbumba announced during his inaugural State of the Nation Address in the National Assembly that the Welwitschia Sovereign Wealth Fund has seen a significant increase in investment returns. Established in 2022, the fund's initial seed capital of N$262 million has grown to N$ 425 million under Mbumba's leadership. Highlighting Namibia's progress in various areas, Mbumba noted significant advancements in fiscal discipline, the exploration of new economic opportunities, and […]

todayMarch 15, 2024 11

Namibia

Swapo urges respectful tribute to late President Geingob

The Swapo party has issued a media release regarding President Nangolo Mbumba's declaration of a National Mourning Period for the late President Dr. Hage Geingob. Swapo expects Geingob to be remembered and respected appropriately. The party also expressed disappointment with members who made pronouncements about constitutional matters during the mourning period. Here is Local Political Analyst Dr. Ndumba Kamwanyah.

todayFebruary 13, 2024 24

Namibia

President Mbumba officially opens first Cabinet meeting of 2024

President Nangolo Mbumba has inaugurated the first Cabinet of 2024 at State House, pointing out the country's economic recovery in different sectors. Mbumba attributed the industry success to the Harambee Prosperity Plan initiated by late President Hage Geingob. President Mbumba also revealed that Namibia's economic growth exceeded pre-pandemic levels, reaching 7.2% in the third quarter of 2023. The Bank of Namibia's Economic Outlook projects a GDP growth of 3.4% for […]

todayFebruary 13, 2024 27

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