The chief executive officer of the Development Bank of Namibia (DBN), Martin Inkumbi, yesterday declined to comment on whether the minister of higher education, technology and innovation, Itah Kandjii-Murangi, has started repaying her loan. The bank extended the loan to the minister’s Namibia Impact College CC nearly 12 years ago. “Regrettably, it is against bank...
Staff Writer Namibia’s privately owned telecommunications and network company, Paratus and wireless communications company Ceragon Networks have signed a multi-year agreement to provide high-capacity wireless offshore communication solutions to the oil and gas industry in Namibia, Angola, and Mozambique. The agreement effectively combines Ceragon’s world-class stabilising technology for offshore assets, including rigs and or floating...
Press Release As the Black Sea Grain Initiative’s expiration date of July 17 nears, the International Rescue Committee (IRC) is cautioning of catastrophic ripple effects for the world’s most food insecure should a deal not be reached. The initiative, lasting nearly one year and two renewals later, has stabilised global food prices and delivered 625,000...
NDN Staffer WINDHOEK, July 10 — Namibia is poised to emerge as a significant contender in the global green hydrogen market, driven by its abundant renewable energy resources such as solar and wind power. The country’s favourable conditions make it an ideal location for hydrogen production. To further boost its position, the Namibian government is...
The European Union is considering allowing Russia’s agricultural bank to circumvent sanctions in the hopes of saving the Black Sea grain deal. Alex Cadier reports though that despite the concession, industry experts are still doubtful that Moscow will renew the deal, jeopardizing food supplies for millions of people. https://futuremedia.com.na/wp-content/uploads/2023/07/ENG-Russia-grain-deal.wav Source link
Liverpool confirmed the signing of Dominik Szoboszlai from RB Leipzig on Sunday after paying the Hungarian’s 70-million-euro (£60 million, $76 million) release clause. The 22-year-old will further bolster the Reds midfield options after the arrival of Argentine World Cup winner Alexis Mac Allister last month. “The last three or four days went really long; it...
Manchester United have agreed to sign England midfielder Mason Mount from Chelsea for an initial £55 million ($69 million), according to reports on Thursday. United will pay an additional £5 million dependent on Mount’s appearances and success at Old Trafford, the reports said. The 24-year-old, whose Chelsea contract is due to expire next year, is...
Niël Terblanché A 60-year-old woman from Ondangwa was swindled out of N$345 145 by a group of well-organised criminals who impersonated members of the Namibian Police on Monday. According to Inspector Thomas Aiyambo from the police in the Oshana Region, the complainant received a phone call from an unknown lady who told her that she...
Maria David WHILE the church is intended to teach love, according to Oshana police commander Commissioner Naftal Lungameni Sakaria, some churches have been accused of causing mayhem in their neighbourhoods. Speaking at a gathering in Oshandumbala, in the Oshana Region, Sakaria said that they are against individuals who promote hatred in society. Sakaria singled out...
The Namibia Financial Institutions Supervisory Authority (NAMFISA) recently signed a partnership agreement with a Nigeria-based digital identity and selfie biometrics provider, Prembly, to set up a Regulatory Sandbox to strengthen innovation and inclusion as well as to assist in building a digital identity framework. The partnership, intended to boost digital innovation for tech startups, is...