The World Bank says Namibia’s decision to add value locally to its green resources is the right approach to alleviating unemployment, particularly among the youth, and at the same time meeting the global objectives of green industrialization. A delegation from the World Bank, led by the Regional Vice President for Eastern and Southern Africa, Dr....
Business Reporter “AS a company trying to develop the project, simply put, we want a clear directive on whether or not we can progress with the development of phosphate in Namibia. The three key ministries, fisheries, mines and environment have not come to a joint agreement on this,”. The above are the words of Mike...
World heavyweight champion Tyson Fury beat mixed martial arts fighter Francis Ngannou in a split decision after their boxing bout went the distance in Saudi Arabia on Sunday. Ngannou knocked Fury down in round three but the 35-year-old British fighter, though shaken, was able to continue. The undefeated Fury, who earlier this week laughed off...
Stefanus Nashama Lawmakers from various opposition parties in Parliament have raised concerns about the Cabinet’s decision to authorize the Ministry of Works and Transport to purchase 32 government vehicles at a cost of N$25 million for the 2023/24 financial year. This decision contradicts a moratorium put in place by the Head of State, President Hage...
The lack of a formal decision by the government to construct a fence between Angola and Namibia and funding are hampering the government’s 12-year plan to remove the veterinary cordon fence (redline). In the preliminary report on the progress of the second land conference in 2018, the government says the redline, which splits Namibia into...
Staff Reporter MENZIES Aviation, an international cargo handling company, has decided to file an appeal against the recent dismissal of their spoliation application in the High Court on Friday morning. This is the latest development in an ongoing legal dispute that originated in 2022, triggered by the selection of Paragon as the successful bidder to...
LONDON and NEW YORK, Aug. 29, 2023 (GLOBE NEWSWIRE) — Today, Quantexa, a global leader in Decision Intelligence (DI) solutions for the public and private sectors, announced that it has won the 2023 Google Cloud’s Industry Solution Technology Partner of the Year award for Line of Business Processes. The award comes after its Decision Intelligence Platform...
Josef Kefas Sheehama The recorded annual inflation rate for July 2023 stands at 4.50%, marking a notable decline from June’s figure of 5.30%. This has implications for various sectors, particularly for aspiring first-time home buyers who maintain a steady interest in homeownership. The Bank of Namibia’s decision to maintain the repo rate at its current...
Ugandan economists say the World Bank’s move to halt loans to Uganda over the country’s anti-gay law could reverse its economic gains. Hillary Ayesiga reports. The post World Bank decision could undo Uganda’s economic gains first appeared on Future Media. Source link
Detained protest leader Michael Amushelelo is facing a further period of three weeks in custody before he is due to hear if he has succeeded with an appeal to be granted bail. Judge Naomi Shivute and acting judge Philanda Christiaan yesterday postponed the delivery of their judgement on Amushelelo’s bail appeal to 14 August, after...