The Just Energy Transition (JET), a concept that has been buzzing in the world’s corridors, is nothing new and was initially coined in the 1980s. With that, one must ask – why are we hearing more about it now? What does it mean? RMB Namibia unpacked some of these questions at COP28 with senior government...
Tag: reality
Verstappen eyes fourth title as rivals face ‘brutal’ reality
Max Verstappen looks set to cruise to a fourth consecutive drivers’ title with Red Bull as the dominant team again this year when the curtain rises on Formula One’s longest-ever season in Bahrain. Whatever the outcome of an independent investigation into allegations of controlling behaviour by team boss Christian Horner, Red Bull have built a...
Namibia’s fourth uranium mine nears reality – Business Express
Uranium miner, Deep Yellow has set the third quarter of this year as the time that it will make its final investment decision on its Flagship Tumas project in Namibia. Namibia’s Ministry of Mines and Energy (MME) issued Reptile Uranium Namibia (Pty) Ltd (RUN), a 100% subsidiary of Deep Yellow, with its 20-year mining licence,...
The Detailed Reality of Single Households Led by Women
On 8 December, The Namibian published an article titled ‘Reviving ‘Dad’ Power: The Overlooked Significance of Fathers’. The author stated that “statistics indicate that single parent households, more so those led by women, contribute significantly to food insecurity” but failed to specify the statistics. I would argue that not providing ‘evidence’ as to why is...
Savanna Beef facility moves towards reality
The initial planning phase of the N$300 million independent producer-initiated beef-processing company Savanna Beef Processors Ltd has now come to an end, and the second phase of designing the details has started. According to a statement from issued by Seigfried Mecki Schneifer, the chairperson of Savanna Beef Processors Ltd on progress made since the annual...
Saudi-backed Newcastle face Champions League reality check
Newcastle must overcome the might of Paris Saint-Germain and a mounting injury list if the Magpies’ first foray into the Champions League for 20 years is not to come to a premature end on Tuesday. Damaging back-to-back defeats to Borussia Dortmund have left Eddie Howe’s men sitting bottom of a devilishly difficult Group F, also...
The reality of the medical aid fund industry: secrecy, abuse of public power and unregulated
Press Release BACKGROUND The medical aid fund industry recently informed the public and private sector healthcare providers that medical aid funds are experiencing financial difficulties, in that the funds are experiencing higher than expected claims as from 2022 and are now using past reserves to honour claims. In a presentation by Dr Johann van Zyl,...
President Geingob calls for strategy to make Synthetic Fuels Industry a reality
Staff Reporter PRESIDENT Hage Geingob has called for the development of a portfolio of instruments to transform the Namibian Synthetic Fuels Industry from a theoretical concept into a tangible reality. This call was made during his opening speech at the Leaders Session on the Green Energy Transition and Green Hydrogen at the Global Gateway Forum,...
United States (U.S.) Consulate Welcomes Maya Azucena as Co-Producer for Stars and Legends Reality Show
Critically acclaimed American recording artist and songwriter Maya Azucena will join the upcoming Nigerian reality TV show, “Stars and Legends,” as a co-producer. Supported by the U.S. Consulate General in Lagos, the reality TV show is set to captivate Nigerian audiences and inspire aspiring creative industry talents from across the country. With her invaluable industry...
Unveiling the reality of investment returns and risks
By Rex Mutelo, Head of Business Development, Old Mutual Namibia. Recent conversations have highlighted a recurring theme: the expectation of substantial returns from investments that may not align with their inherent risk profile. This prevailing sentiment is not uncommon and often stems from a misunderstanding of the diverse investment options available. This article aims to...