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Unplanned electricity outages cost an estimated N$1 billion – Windhoek Observer

Martin Endjala A recent study conducted by the Electricity Control Board (ECB) has shed light on the staggering cost of unplanned electricity outages in Namibia. The research reveals that these disruptions can cost the economy up to N$1 billion annually during weekdays, translating to an estimated N$41.4 million per hour. Over weekends, the impact slightly...

Jumbo population in the Kavango Zambezi Transfrontier Conservation Area now estimated at 227,900
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Jumbo population in the Kavango Zambezi Transfrontier Conservation Area now estimated at 227,900

The Kavango Zambezi Transfrontier Conservation Area (KAZA TFCA) has an estimated stable elephant population of 227,900, a launched survey revealed recently. Namibia is estimated to have 21,090, while Zimbabwe has 65,028, and Botswana with the largest estimate of 131,909, while Angola and Zambia have 5,983 and 3,840 respectively. This was revealed last week, when leaders...

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Recredit takes cases estimated at Kz 129bn to Court

Recredit-Asset Management has brought to the court cases estimated at 129 billion kwanzas, as part of the recovery of toxic assets acquired from the Credit Savings Bank (BPC). In addition to the aforementioned amount, 23 billion kwanzas are intended for the precautionary measures requested from the Court, according to the institution’s CEO, Valter Barros. Also...

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72 million African children estimated to be engaged in child labour

Seventy-two million African children are estimated to be engaged in child labour, of which 31,5 million are working in hazardous environments, prostitution, and domestic work. This was said by the National Programme Officer for Gender Responsive and Pro-Employment Budgeting of the UN Population Fund, Natalia Halweendo, at the commemoration of the Day of the African...