Two men were arrested on Tuesday after allegedly stealing brass rails from the Swakop River bridge outside Walvis Bay. Erongo police spokesperson warrant officer Tuyenikelao Tashiya-Fernando this week said the suspects, identified as James Hamukoto (26) and Vilho Kambwali (30), were caught in possession of the stolen property on Tuesday. The suspects allegedly removed the...
Analysts say that the swift implementation of dry ports and railway upgrades in Namibia has the potential to significantly transform the country’s economic outlook, positioning it for success amidst anticipated developments in the oil and gas sector. Capricorn Asset Management Chief Economist Floris Bergh said that for Namibia’s economic future, the potential of dry ports...
The Board of Directors of the African Development Bank Group (AfDB) has approved a loan of $196.43 million (about N$3.6 billion) for Namibia to implement the second phase of its Transport Infrastructure Improvement Project (TIIP). The loan, approved on 31 October 2023, represents 51.8 percent of the project’s total cost. The Namibian government will provide...
The Lagos State government on Saturday began clearing shanties and reclaiming Right of Way (RoW) of the Red Rail project corridor from Agbado, Ogun, to Ebute Metta, Lagos. The News Agency of Nigeria (NAN) reports that the enforcement team was led by the Commissioner for Physical Planning and Urban Development, Dr Oluyinka Olumide. Olumide was...
An expert in Economics, Dr Obindah Geshon, on Thursday in Abeokuta urged the Federal Government to look into extending the country’s rail network towards the border regions. Geshon, in his lecture at the 38th Annual General Meeting (AGM) of the Manufacturers Association of Nigeria (MAN), said this would help the country’s economy. ”This will help...
Five rail workers have been killed after being hit by a train in northern Italy. Italian media say the train was travelling at approximately 100 mph when it crashed into the men. Brandizzo Mayor Paolo Bodoni said there were indications that the crew of the train was unaware there were workers on the tracks, reported...