Tag: Savings

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Lepidico’s Karibib project achieves N$244m cost savings
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Lepidico’s Karibib project achieves N$244m cost savings

Lepidico says the expected cost of the Karibib project has been lowered by approximately 20%, equivalent to around N$244 million, due to a change in the technical configuration plant which could eliminate the need for a 27km power line spur. According to the latest study, advancements in solar power, energy storage, and backup systems could...

Tulipamwe Savings Group demand serviced land 
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Tulipamwe Savings Group demand serviced land 

The Tulipamwe Savings Group has demanded that the Walvis Bay Municipality allocate land to its members at portion 10 of Farm 37 on the outskirts of the town. The group secretary, Lidker Moses, says the council has allocated unserviced land at Portion 12 to them, while the group prefers to reside at Portion 10, where...