The new EIF green concessional loan facility for youth entrepreneurs wishing to undertake economically viable investments that integrate low carbon and climate adaptation instruments is expected to grow and deploy N$300 million in the 2024/2025 financial year. This is contained in EIF’s annual report for the 2022/2023 financial year released last week. “The establishment of...
Misinformation has allegedly created the perception that there is currently a hazardous, radioactive storage facility at Swakopmund. Municipality Chief Executive Officer Archie Benjamin says the council has not given approval to anyone to set up the facility as public consultations are ongoing. Erongo Governor Neville Andre and leaders of the Swakopmund municipality called a media...
The word “dilapidated” is frequently used to describe healthcare facilities throughout the country. However, the Executive Director of the Ministry of Health and Social Services, Ben Nangombe, believes this term is exaggerated. Nangombe acknowledges that the ministry faces challenges but asserts that it has made substantial progress in upgrading infrastructure over the years. “Of course...
Niël Terblanché Residents of Swakopmund are involved in a heated debate regarding the possible rezoning of property in the town limits to store radioactive materials. The bone of contention is a proposal by Namaquanum Investments Two to refurbish an existing workshop on Einstein Street to establish the storage facility. This initiative, aimed at supporting offshore...
The National Petroleum Corporation of Namibia (NAMCOR) on Wednesday announced a staggering discovery of potential fuel theft, amounting to an estimated value exceeding N$1 million, which was in transit to the National Oil Storage Facility (NOSF) in Walvis Bay. The alarming revelation comes following the loading of 39,993 litres of diesel ADO 50 ppm in...
The U.S. Embassy in Windhoek last week underwent a historic transition, marking the closure of the familiar diplomatic outpost on 14 Lossen Street and the formal opening of the new embassy on 38 Metje Street. The symbolic lowering of the American flag and the removal of the Great Seal at the old U.S. Embassy on...