New UN report says greenhouse gas emissions “out of control”

New UN report says greenhouse gas emissions “out of control”

A new United Nations report suggests that annual greenhouse gas emissions are at an all-time high. The UN Environment Programme says urgent action must be taken to prevent catastrophic spikes in temperature and avoid the worst impact of climate change. Jody Jacobs has more from the United Nations in New York.

October 25, 2024 19

Business / Economics

Swakop Uranium Contributes Over N$7.9 Billion to Namibian Economy in 2023

Swakop Uranium's Husab Mine significantly boosted the Namibian economy in 2023, contributing over N$7.9 billion through local procurement, taxes, and social investments as per The Brief. The company has created more than 6,000 jobs, engaging with over 400 local suppliers, with 62% of its spending directed towards Namibian-owned businesses. The report highlights Swakop Uranium's alignment with the country's National Development Agenda and the Global Sustainability Goals, according to Eliphas Hawala, […]

October 23, 2024 11

Namibia

Local Conference of Youth Namibia commences today

The Local Conference of Youth Namibia commences today. This event seeks to align with our established objectives and develop a robust youth climate strategy and action plan. Throughout the conference, participants will engage in interactive sessions designed to gather valuable insights, including targets and indicators, that will help shape the outcomes of our collective efforts in addressing climate change. LCOY's Mariah Willem:

October 23, 2024 45

Namibia

President Mbumba inaugurates Daures green hydrogen agriculture facility

President Dr. Nangolo Mbumba has officially inaugurated the Daures Green Hydrogen Agriculture Facility in the Erongo region. According to the Presidency, during the ceremony, President Mbumba expressed his gratitude to the Daures community for their support of this innovative project. He also encouraged all Namibians to take pride in the nation’s progress toward a sustainable future. The hydrogen project is expected to become Namibia's largest food producer, with a one-hectare […]

October 22, 2024 24

Business / Economics

INTERVIEW: Business and Economics Researcher Josef Kefas Sheehama on Green Bonds

In a recent discussion, Business and Economics researcher Josef Kefas Sheehama highlighted the importance of Green Bonds as a crucial financial tool for promoting sustainability in Namibia. Sheehama echoed the sentiments of the Minister of Environment, Forestry, and Tourism, who emphasized the need for private sector engagement in combating climate change. Since 2005, many banks in Namibia have begun issuing Green Bonds to raise funds for sustainable initiatives. According to […]

October 22, 2024 13

Business / Economics

Financial restructuring strengthens NAMCOR’s performance

The National Petroleum Corporation of Namibia has given an update on its efforts to become a leading energy company. According to Paulo Coelho, Manager of Marketing, Communications, and Public Relations, Namcor is focusing on financial restructuring, improving operations, and accountability to strengthen its performance.

October 2, 2024 42

Namibia

President Nangolo Mbumba calls for action at Summit of the Future

President Nangolo Mbumba, speaking at the Summit of the Future, said it represents a timely and pressing call to choose a path toward peace, prosperity, and sustainable development. In his opening address at the summit, which Namibia is co-facilitating with Germany, President Mbumba urged UN member states to pool their resources and tackle global crises directly. Meanwhile, African countries are struggling with crippling debt burdens, spending more on […]

September 24, 2024 62

Local

ATIDI Supports Education for Displaced Children in Burundi through its CSR Program

The African Trade & Investment Development Insurance (ATIDI) has announced a financial contribution of $40,000 to Street Child in Burundi. This contribution is aimed at improving educational opportunities for displaced children in Gatumba and reflects ATIDI’s dedication to tackling critical social issues and promoting sustainable development. Through its CSR programs, ATIDI is committed to advancing sustainable development, addressing pressing social challenges, and fostering economic stability across Africa. Burundi […]

September 12, 2024 24

Local

Kraatz welcomes university of Namibia students for an immersive learning experience

Kraatz, a proud subsidiary of the Ohlthaver & List (O&L) Group of Companies, recently hosted a group of 3rd and 4th-year Civil Engineering students from the University of Namibia (UNAM) at its Walvis Bay headquarters. This initiative, in alignment with O&L’s Vision 2029 and their core values of being authentic, caring, and passionate, underscores Kraatz’s commitment to fostering local talent and contributing to Namibia’s sustainable development. The visit […]

September 5, 2024 12