Renewable Energy

Morning Biz News 26 February 2025: NamRA Revenue Surges, BP Shifts Strategy, and AfDB Backs SMMEs

NamRA Collects N$79.3 Billion in Revenue The Namibia Revenue Agency (NamRA) has collected N$79.3 billion in revenue as of 31 January 2025. According to NamRA’s latest figures, domestic tax collections amounted to N$31.36 billion, while customs and excise duties contributed N$48 billion. The total revenue estimate for the 2024/2025 financial year is projected at N$85.3 billion. South Africa’s Poultry Master Plan Exceeds Targets In South Africa, the first phase of […]

26 February, 2025 15

South Africa

In S.A, load-shedding has been reduced to stage four until further notice

In S.A, load-shedding has been reduced to stage four until further notice. This follows the successful recovery of all five units at Majuba, two at Camden, and one at Medupi since Saturday. In total, eight out of ten generation units that had tripped at the weekend have returned to service. Eskom’s spokesperson, Daphne Mokwena, says emergency reserves replenishment is also progressing well: Meanwhile, the DA’s, Kevin Mileham, says the over-reliance […]

24 February, 2025 46

South Africa

S.A’s Ramaphosa at the G20 summit advocates for green industrialisation

S.A's Cyril Ramaphosa at the G20 summit advocated for green industrialisation and investment in critical minerals to drive sustainable development. In his keynote address, he urged G20 leaders to support efforts that ensure the benefits of these minerals are shared globally, benefiting both the Global South and North. Ramaphosa said investing in green industries and minerals is key to addressing climate change and driving inclusive economic growth:

21 February, 2025 29

Business / Economics

Lüderitz wind farm nears July 2025 completion

The Diaz Wind Farm near Lüderitz the ǁKaras Region has taken a big step forward with the arrival of its first wind turbine parts, including blades, hubs, rotors, and nacelles. These components were shipped from Lusi Port, China, to the construction site near Kolmannskuppe. The project is expected to be completed by July 2025. Once operational, the wind farm will have 11 turbines producing 44 megawatts (MW) of electricity annually—enough […]

19 February, 2025 91

Environment

In S.A, Zero Carbon Charge urges the minister to prioritise carbon reduction targets

In S.A, Zero Carbon Charge urges the minister to prioritise carbon reduction targets in his budget speech. The solar-powered charging station provider is calling for financial incentives to boost electric vehicle adoption and develop off-grid charging infrastructure. The organisation’s Joubert Roux calls for a carbon credit trading system to encourage clean energy investments and help South Africa reach its net-zero transport goals:

18 February, 2025 47

Business / Economics

Morning Biz News – 17 February 2025

SACU Revenue Decline Expected in 2025 The Bank of Namibia has projected a decline in revenue from the Southern African Customs Union (SACU), dropping from N$28 billion in 2024 to N$21 billion in 2025. According to The Brief, Simonis Storm's Head of Investments, Max Rix, attributes this decrease to global economic conditions and adjustments in SACU’s revenue-sharing formula. This reduction is expected to impact Namibia’s fiscal plans, with potential budgetary […]

17 February, 2025 22

Namibia

Namibian Engineers Train in SA for Wind Energy Expansion

Five Namibian engineers are undergoing six months of wind turbine training in Cape Town, facilitated by Windwise Turbines. The program equips them with skills to install and maintain Namibia’s first locally manufactured wind turbines. Windwise aims to build a 95% Namibian workforce, aligning with the country's Green Industrialisation Blueprint. The turbines, using German technology, are designed for stable power generation and seamless integration into Namibia’s energy grid. This initiative […]

17 February, 2025 30

South Africa

Eskom Reports Stable Power System with Load-Shedding Suspended

In S.A, Eskom says the power system continues to be stable with load-shedding remaining suspended. Eskom spokesperson, Daphne Mokwena says the system also has sufficient emergency reserves. She says from 1 April last year to 14 February, load-shedding was suspended for 317 days, compared to 32 days in the same period last year. She adds that electricity supply was available 99-percent of the time, compared to just 10-percent last […]

15 February, 2025 46

2

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:

15 February, 2025 66 2