18% of Namibia’s population lives below the poverty line, and almost a quarter of children in Namibia have stunted growth due to malnutrition. The Capricorn Foundation, funded by Capricorn Group’s subsidiaries Bank Windhoek, Capricorn Asset Management and Entrepo, dedicated almost N$1,5 million in the last three months to Vulnerability Initiatives, combating poverty and malnutrition in...
Namibia Critical Metals Inc. (NCMI) says its joint venture partner, Japan Oil, Gas and Metals National Corporation (JOGMEC), has approved an additional N$23.2 million in funding for its Tier-1 Lofdal heavy rare earth project. Darrin Campbell, President of Namibia Critical Metals, said the funds bring the total budget for the period until 31 March 2024,...
The Namibia Airports Company Limited (NAC) has reported investments valued at over N$350 million in infrastructure developments aimed at enhancing the country’s airports’ infrastructural and service improvements. NAC Chairperson Leake Hangala said the development initiatives are particularly aimed at harnessing the opportunities presented by the recent oil and gas discovery and green hydrogen initiatives. “The...
ONGWEDIVA: The Ongwediva Town Council has invested N.dollars 4.1 million in an electrification project for Sky Phase 3 in Ongwediva. Speaking at the inauguration of the electrical reticulation project here on Wednesday, Shalyefu emphasised the town council’s commitment to providing essential amenities to residents without hesitation. Shalyefu said 151 erven will be connected to electricity...
The Pupkewitz Group of Companies is investing N$200 million in the construction of a new Pupkewitz MegaBuild Lifestyle Store as part of its expansion plan. The MegaBuild Lifestyle Store will be a one-stop shopping destination catering to a wide array of customers. “The substantial investment in expanding and revamping the group’s footprint across the country....
Staff Reporter WINDHOEK, November 14 — On November 14, 2023, Jacquiline Pack, the Executive Officer of Marketing and Corporate Communication Services at Bank Windhoek, announced a significant sponsorship of half a million for the Namibian Chess Federation (NCF) to support its chess developmental operations throughout 2023 and 2024. This substantial contribution is earmarked for chess...
Maria David EDUCATION is the centrepiece of any empowerment initiative and forms the basis for the growth and development of communities and the nation at large. This was the sentiment expressed by Simeon Amunkete, Senior Manager of Human Capital and Chairperson of the NamPower Advisory Committee, during the handover of infrastructure and school equipment to...
WINDHOEK, Nov. 2 — Namibia’s Ministry of Health and Social Services (MoHSS) has launched a comprehensive plan worth 16 billion Namibia dollars (about 1 billion U.S. dollars) to enhance the nation’s public health system, President Hage Geingob announced on Wednesday. Speaking at the inauguration of an emergency unit at the country’s largest state-owned hospital in...
Staff Reporter WINDHOEK, Oct. 31 — The European Commission (EC) and the Government of Namibia unveiled a groundbreaking €1 billion collaboration on October 30, 2023, during the visit of EC President Ursula von der Leyen to Namibia. This partnership is poised to revolutionize sustainable raw materials value chains and renewable hydrogen initiatives. Here are the...
NamPower inaugurated the erected fences at four schools in the Zambezi Region worth more than N$2 million. The schools have been requesting assistance over the past years to keep learners safe. Handing over the facilities, NamPower’s Senior Manager for Human Capital, Dr. Simeon Amunkete, says there is nothing more important and greater than education for any...