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Tom Alweendo

14 Results / Page 1 of 2

Background

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 17

Africa

Namibian and Angolan Energy Ministers Advance Baynes Hydroelectric Dam Project

The Mines and Energy ministers of Namibia and Angola met at the Lauca Hydroelectric Dam to discuss the Baynes Binational Hydro Power Project. Tom Alweendo and Joao Baptista Borges, signed a resolution detailing future steps for the 881-megawatt Baynes hydroelectric dam. Progress, especially the completion of vital studies, was applauded. Remaining assessments are expected to conclude by year-end. The project, located on the Cunene River, began development in 2008, with […]

todayJune 5, 2024 20

Namibia

Minister Alweendo Commends African Nations on Green Hydrogen Initiatives

Tom Alweendo, the Mines and Energy minister, praised other African countries for their strides in green hydrogen development at the World Hydrogen Summit in Rotterdam. He highlighted initiatives in Morocco, Kenya, South Africa, and Mauritania, emphasizing the importance of African collaboration. Alweendo stressed the potential for economic growth and job creation through green industrialization, aligning with Namibia's ambitious plans outlined in its Green Industrialization Blueprint.

todayMay 15, 2024 8

South Africa

South Africa’s D.A has raised alarm over Eskom’s massive diesel consumption

South Africa's D.A has raised alarm over Eskom's massive diesel consumption, surpassing the annual budget of the National Student Financial Aid Scheme. National spokesperson for Public Enterprises, Mimmy Gondwe, points to minister Pravin Gordhan's revelation that Eskom spent 65-billion rand on diesel over five-years for its open cycle gas turbines. She criticises the unsustainable levels of diesel usage, attributing it to consumers facing double-digit tariff increases by the National Energy […]

todayApril 26, 2024 18

Business / Economics

Mines and Energy Minister stresses merit-based project allocation

The Minister of Mines and Energy, Tom Alweendo has urged entrepreneurs not to anticipate being given projects effortlessly solely because of their nationality. He stressed the importance of acquiring essential knowledge from experts to enhance proactive engagement. Alweendo delivered this message during the ongoing 6th Namibia International Energy Conference in Windhoek. Founded by RichAfrica, Namibia International Energy Conference is the official meeting place for the energy industry. Moreover, it serves […]

todayApril 25, 2024 24

Business / Economics

Minister Alweendo Highlights Skills Gap in Mining Sector, Calls for Increased Benefits for Citizens

Minister of Mines and Energy, Tom Alweendo, addressed the Chambers of Mines of Namibia 2024 annual general meeting, emphasizing the lack of specific skill sets generated by Namibia's mining economy. Alweendo stressed the need for tangible benefits from mining to accrue to Namibian citizens, highlighting a disconnect between resource revenue and citizen prosperity. Chamber of Mines chairperson, Zebra Kasete, underscored the importance of research and development in optimizing processing techniques […]

todayApril 25, 2024 16

Business / Economics

Namibian Local Content Conference 2024 underway at Lüderitz

The Namibian Local Content Conference 2024 is currently underway in Lüderitz. The conference is tackling ways how to ensure that the country's oil and gas discoveries benefit Namibians. Minister of Mines and Energy, Tom Alweendo, said that it also presents an opportunity for the business community to contribute to the policy framework.   Erik De Waal from the Development Bank of Namibia explained the types of financing that could support […]

todayApril 17, 2024 85

Namibia

IPPR’s Graham Hopwood weighs in on Mines and Energy Minister’s Denial of Corruption Allegations Regarding Petroleum Licenses

Mines and Energy Minister Tom Alweendo dismissed allegations of corruptly awarding petroleum licenses in the oil and gas sector to a friend during a parliamentary session on Tuesday. The accusations surfaced following a question posed by Henny Seibeb, a Member of Parliament representing the Landless People's Movement, regarding corruption. Alweendo acknowledged similar accusations circulating on social media platforms. Graham Hopwood, Executive Director of the Institute for Public Policy Research, provides […]

todayMarch 13, 2024 30

Namibia

Namibia International Energy Conference taking place in April

    The Namibia International Energy Conference (NIEC) is scheduled to take place in Windhoek from 23 to 25 April 2024. It is expected to unite government officials, private companies, investors, and thought leaders from across the globe to unlock the full potential of Namibia’s energy industry, a statement issued by BopheleCommunications said. The conference will take place under the patronage of Minister of Mines and Energy Tom Alweendo and […]

todayFebruary 9, 2024 12

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