AfCFTA agreement provides a significant opportunity for Africa – Mataboge

South Africa’s Deputy Director-General for Trade and Investment has emphasised that the African Continental Free Trade Area (AfCFTA) agreement provides a significant opportunity for Africa through the promotion of intra-Africa trade and enables governments to make crucial decisions to support businesses. Lerato Mataboge says embracing the AfCFTA will not only enhance regional economic cooperation but […]

Namibia, South Africa urged to boost trade and investment

Namibia and South Africa have been urged to boost trade and investment and foster stronger business partnerships to address economic challenges and alleviate poverty in both countries. Namibia and South Africa have a longstanding history of trading relations, primarily due to their economic integration and geographical proximity. During the period from 2015 to 2017, South […]

DBN clarifies its position on financing mining exploration activities

The Development Bank of Namibia (DBN) has clarified its position on financing mining exploration activities, stating that it does not provide funding for such business activities. DBN has faced criticism for allegedly discouraging certain Namibians, particularly small-scale miners, who are interested in acquiring EPLs in the mining sector. The President of the Emerging Mining Association […]

Lack of investigating officers hinders effective investigation at ACC

The lack of investigating officers hinders effective investigation at the Anti-Corruption Commission. There are currently 36 ACC investigating officers.  Advocate Erna van Der Merwe, the Deputy Director General of the Anti-Corruption Commission, says insufficient funding also poses another obstacle to the commission’s operations. During the annual anti-corruption media conference held in Swakopmund, the commission also […]

MPs discover that Salambala Conservancy employees have not received their salaries

The non-payment of conservancy employees’ salaries is one of the similar concerns discovered by the Parliamentary Standing Committee on Natural Resources in many areas. The committee, which visited Salambala Conservancy on Monday, was informed that employees have not received their salaries since February this year due to the absence of a management committee, which is […]

Fessor Mbango new CENORED CEO

Former Chief Executive Officer of Erongo Red, Fessor Mbango is the new head of CENORED in the Otjozondjupa Region. Mbango replaces Robert Kahimise, who was appointed CEO of the Electricity Control Board. Mbango was introduced as the new CEO for a five-year tenure by the company’s Chairperson, Moses Matjayi. “We definitely have confidence that we […]

Northern regions affected by power outages

The residents of the four northern regions were also affected by the power outages initiated by NamPower yesterday. The town of Ondangwa was the first to face the consequences of NamPower, as their electricity was disconnected shortly after 17h00.  Subsequently, power cuts were implemented in Ongwediva, Oshikuku, Eenhana, Outapi, and other towns and villages. The […]