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Namibia faces biggest debt payment yet
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February 29, 2024February 29, 2024Uncategorized

Namibia faces biggest debt payment yet

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A significant portion of government debt is due for repayment over the medium term. The N$14.3 billion Eurobond, due on October 29, 2025, is the largest single-day debt maturity in the history of Namibia. Tabling the national budget in the National Assembly, Finance and Public Enterprises Minister Iipumbu Shiimi pointed out strong growth in the...

Inaction of ||Kharas RC Management Committee biggest governance challenge
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January 23, 2024January 23, 2024Uncategorized

Inaction of ||Kharas RC Management Committee biggest governance challenge

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The inaction of the ||Kharas Regional Council Management Committee remains the biggest governance challenge impeding socio-economic development in the region. These were the sentiments shared by both the council’s Chairperson, Joseph Isaack, and acting Chief Regional Officer, Bennie Diergaardt, at a gathering to mark the official opening of 2024. The council’s management committee has been inactive...

Africa’s biggest diesel, aviation fuel refinery starts production
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January 16, 2024January 16, 2024Uncategorized

Africa’s biggest diesel, aviation fuel refinery starts production

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AFRICA’s biggest diesel and aviation fuel refinery built by the continent’s richest man has started production, the company said on Saturday, calling it a “big day for Nigeria”. The 650 000 barrel-per-day Dangote refinery could be a game changer when fully operational by helping end Nigeria’s reliance on fuel imports. The delayed megaproject built by...

Africa’s biggest diesel, aviation fuel refinery starts production
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January 16, 2024January 16, 2024Uncategorized

Africa’s biggest diesel, aviation fuel refinery starts production

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Africa’s biggest diesel and aviation fuel refinery built by the continent’s richest man has started production, the company said on Saturday, calling it a “big day for Nigeria”. The 650 000 barrel-per-day Dangote refinery could be a game changer when fully operational by helping end Nigeria’s reliance on fuel imports. The delayed megaproject built by...

World’s biggest self-propelled floating crane calls at Walvis Bay
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January 15, 2024January 15, 2024Uncategorized

World’s biggest self-propelled floating crane calls at Walvis Bay

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The largest semi-submersible crane vessel (SSCV) in the world, the SSCV Sleipnir moored at Walvis Bay last week for a two-day lay-over to undergo prescribed inspections and procedures before continuing its journey to the Grand Isle oilfield in the United States. The US$1.5 billion SSCV Sleipnir is owned and operated by Heerema Marine Contractors. It...

Fifth Nedbank Swakop Food Festival biggest to date
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December 23, 2023December 23, 2023Uncategorized

Fifth Nedbank Swakop Food Festival biggest to date

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By Adolf Kaure. The organiser of the Nedbank Swakop Food Festival, Dalene Stephanus said that this year’s event which took place at the coastal town earlier in December exceeded all expectations. Speaking in a recent interview, Stephanus said that the 2023 Nedbank Swakop Food Festival, as the fifth installment of the annual festival was the...

‘Biggest fight of the year’ in store
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November 30, 2023November 30, 2023Uncategorized

‘Biggest fight of the year’ in store

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One of Namibia’s top boxing prospects, Fillipus ‘Energy’ Nghitumbwa will aim to revive his career when he takes on Thatho Bonokoane of South Africa for the vacant WBO Africa super bantamweight title at the Windhoek Country Club on Saturday night.  The 28-year-old Nghitumbwa lost his previous fight against John Riel Casemiro of the Philippines on...