The Ovinjange Community Project recently received a significant donation of N$88 713 from August 26 Logistics. The army company’s “Chains of Kindness” corporate social responsibility (CSR) programme selected the Ovinjange project to positively impact the community in the Kunene region. This initiative and the donation seek to solve issues such as water scarcity, while promoting...
The inaugural Global African Hydrogen Summit, which commences in the capital today, is expected to serve as a critical platform that will focus on the role Africaexpects to play in the rapidly-emerging global hydrogen sector. Ministerial delegations and trade missions from Algeria, Angola, Belgium, Burundi, Congo, Egypt, EU, Germany, Kenya, Nigeria, South Africa, Tanzania and Uganda...
The Frank Fredericks Foundation awarded scholarships worth N$85 000 to eight track and field local athletes who excelled at the Namibia Schools Sports Union National Athletics Competitions in May. The scholarships were given to motivate aspiring athletes to work towards qualifying for the World Junior Championships 2026. Schuster Julien-Ann (Hardap region), receivedN$20 000 for being...
Following last year’s announcement that Pan-African telecommunications group Paratus commenced reselling Starlink, Paratus Botswana announced that the highly- anticipated low Earth orbit (LEO) satellite connection solution is now available in Botswana. The Botswana government recently confirmed the Starlink licence approval, an event for which Paratus Botswana stated it has been preparing for several months. In...
Petrol prices will decrease by N$1.20 cents per litre, and both diesel 50ppm as well as diesel 10ppm prices will decrease by N$1.10 cents per litre. The decreases, effective as of Wednesday, 4 September, are made possible by what the energy ministry terms “improved market conditions”. These include a lower demand for oil, and a...
As the world moves towards sustainable energy solutions, Namibia stands at the forefront of the green hydrogen revolution, with vast renewable resources and strategic vision, fuelling the country’s ambitions of becoming the sustainable energy capital of Africa. The inaugural Global African Hydrogen Summit (GAH2S), scheduled for 3 to 5 September 2024 in Windhoek at Mercure...
Debmarine Namibia has sponsored surplus benthic samples to four institutions, contributing to scientific research, education and the enhancement of knowledge about the marine environment. These institutions include the Ministry of Fisheries and Marine Resources, the Ministry of Education, Directorate of National Heritage and Culture Programmes, University of Namibia (UNAM), and the Namibia University of Science...
The Namibian Competition Commission (NaCC) has approved the proposed merger between Hong Kong-based Sinomine Rare Metals Resources Co. Limited and Dundee Precious Metals Tsumeb Holding (Pty) Limited, with conditions. Sinomine Resource Group recently concluded deals to purchase controlling interests in a copper mine in Zambia and earlier this year purchased Dundee’s copper smelter in Namibia....
Trustco Group Holdings recently announced the discovery of a massive 391.45-carat diamond by Meya Mining in Sierra Leone. Trustco holds a 19.5% interest in the mine. This significant find was made in the Kono District of Sierra Leone, within an area that spans the Kamara Gbense and Tankoro chiefdoms. Meya holds a 25-year exclusive diamond...
An inter-governmental committee formulating a Namibian content policy for the burgeoning oil and gas industry has made local content development in the country a priority. The National Upstream Petroleum Local Content Policy, currently in draft format, aims to improve Namibian participation in the sector and boost the domestic supply chain while continuing to welcome international...