insert_link Business / Economics Moneda Invests emphasized the need to empower SMEs At 2nd Oil and Gas Conference The second annual Namibia Oil and Gas Conference is underway at the Mercure Hotel in Windhoek, with Minister of Mines and Energy Thomas Alweendo set to open the event this morning. On the first day, Precious Ehihamen from Moneda Invests emphasized the need to empower SMEs to enter the oil and gas sector, highlighting their interest but lack of market entry knowledge. todayAugust 21, 2024 15
insert_link Business / Economics Alweendo Calls for Collaboration and Innovation at 11th Mining Expo & Conference At the 11th Mining Expo & Conference in Windhoek, Minister of Mines and Energy Tom Alweendo urged for collaborative efforts to address challenges and leverage opportunities in Namibia's mining sector. He highlighted the government's commitment to a sustainable industry and noted that, out of 162 mining licenses, only 68 are currently active. Alweendo emphasized the growing global interest in critical minerals and called for international partnerships to strengthen Namibia's role […] todayAugust 8, 2024 14
insert_link Business / Economics 6 August 2024 Morning News:Business News Roundup: Ministry of Mines Charter, Pick n Pay Raises Funds, Oil Prices Surge, and U.S. Dollar Falls Ministry of Mines and Energy Launches Customer Service Charter The Ministry of Mines and Energy has pledged to expedite processes within the extractive industry as part of its newly launched Customer Service Charter. Speaking at the launch on Monday, Executive Director Penda Ithindi outlined a series of measures aimed at improving efficiency and transparency in the sector. This initiative is expected to significantly enhance the Ministry's responsiveness and service delivery, […] todayAugust 6, 2024 11
insert_link Business / Economics Mines and Energy ministry Unveils New Customer Service Charter translated into seven local languages The Ministry of Mines and Energy has introduced its new Customer Service Charter, designed to enhance public service efficiency and responsiveness. To ensure broad accessibility, the charter has been translated into seven local languages.Here is the Minister of Mines and Energy, Tom Alweendo. todayAugust 6, 2024 18
insert_link Namibia Mines Ministry Launches ‘Wells to Wheels’ Initiative to Boost Oil and Gas Awareness The Mines and Energy minister, Thomas Alweendo, highlighted the growing interest in the country’s oil and gas resources at the launch of ‘Wells to Wheels,’ an official omni-channel project aimed at media and public engagement. Launched by Oxygen Communications, the initiative will serve as a resource center for oil and gas information, featuring roundtable discussions and monthly expert podcasts. Hilda Basson, founder of Oxygen Communications, emphasized the project’s commitment to […] todayAugust 2, 2024 39
insert_link Namibia Landlord welcomes government’s electricity tariff relief Jacqueline Cloete, a landlord in Windhoek’s Damara Location in Katutura, has welcomed the government’s intervention to relieve consumers from the recently announced bulk and distribution utilities’ tariffs for the 2024/2025 financial year. The government is providing approximately N$365 million to subsidize electricity consumers, effective from July 1 ths year to June 30, 2025. todayJuly 5, 2024 14
insert_link Namibia Government Allocates N$365 Million to Subsidize Electricity, Cancels Tariff Increase Amid public pressure, the government has decided to allocate N$365 million to subsidize electricity consumers for the 2024/25 financial year, maintaining the current tariff of N$1.98 per kilowatt-hour instead of increasing it to N$2.14. The decision, announced after consultations led by Minister of Mines and Energy Thomas Alweendo with the Electricity Control Board. Shaun Gariseb of Katutura's Residents Committee spoke with us. Political Analyst and Professor Ndumba Kamwanya also […] todayJuly 4, 2024 19
insert_link Business / Economics Mining Industry Boosts GDP and Local Economy in 2023 Mines and Energy minister, Tom Alweendo, announced that Namibia's mining sector significantly increased its contribution to the GDP to 14.4% in 2023, up from 11.9% in 2022. The industry spent over N$21 billion on local procurement and contributed N$6.4 billion in royalties and taxes, compared to N$4.2 billion the previous year. Employment in the sector reached 18,189, with N$211 million spent on corporate social responsibility. Alweendo emphasized the mining industry's […] todayJune 20, 2024 29
