B2Gold has made N$6 million available towards the construction of Ombili Clinic in Otjiwarongo, which is set for completion in November. Once complete, the clinic will offer services such as general consultations, preventive care, emergency treatment, dental and pharmaceutical assistance. Speaking at the groundbreaking ceremony on Tuesday, Health and Social Services Minister Dr Kalumbi Shangula...
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...
The Ministry of Environment, Forestry and Tourism has said that they are currently engaged in the renovation of three of our entrance gates to Etosha National Park. The current entrance gates of Anderson, Von Lindqeuist and King Nehale Lya Mpingana will receive a total face lift. In addition to the entrance gates, some sanitation facilities...
N$15 million water pipeline upgrade near Henties Bay to start soon – nbc Source link
The upgrade of a five-kilometre water pipeline near Henties Bay is expected to start soon, following the awarding of a N$15 million tender to a local company. The pipeline ferries water from the Omdel acquifier at the Omaruru river mouth to ensure water supply at Hentiesbay. Erongo Governor Neville Andre says the multi-million-dollar upgrade shows...
The Namibia Depository Guarantee Authority (NDGA) says its investment value increased to N$16.2 million by the end of the 2022 financial year attributed to premiums received and interest earnings. NDGA head, Florette Nakusera, said the fund’s assets remained safe and secure, having been invested in line with the approved investment policy and guidelines. “In this...
By Adolf Kaure. Erongo RED recently announced that it has declared dividends of N$10.2 million to its shareholders. This comes after a net profit of N$46 million in 2023, compared to a loss of N$19 million in 2022. The loss in the prior year was attributable to an increase in tax due to a once-off...
Erasmus Shalihaxwe A total of N$48 million has been earmarked for the Lead Youth Ambassador (LYA) program, which falls under the Electoral Commission of Namibia (ECN), to encourage young people to participate in elections. The LYA program is an awareness campaign aimed at generating interest among young people to engage in the country’s electoral process....
The University of Namibia (UNAM) Vice Chancellor, Prof. Kenneth Matengu, said N$10 million has been allocated this year for the construction of lecture halls as part of the first phase of the southern campus development cycle. Matengu revealed this during the 2024 UNAM Southern Campus graduation ceremony on Friday, saying more funds are expected over...
UNAM gets N$10 million to construct lecture halls at southern campus – nbc Source link