Niël Terblanché The United States government, through its USAID Mobilizing Investment project, has announced a generous grant of N$19 million to Namibia Hydrogen Fund Managers (Pty) Limited. This critical financial injection is aimed at supporting the ambitious N$22 billion Sustainable Development Goals (SDG) Namibia One Fund, marking a major milestone in Namibia’s journey towards sustainable...
November 7, 2024
Tag: significantly
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Oshakati invests significantly for Mayoral Cup
Maria David The Oshakati Town Council has increased its investment for the Mayoral Cup to N$92 000 for the 4th edition. This marks an increased investment of more than N$10 000 from last year’s tournament. The Mayoral Cup, held annually, is scheduled for May 9-12, 2024, at the Independence Stadium. Oshakati Town Mayor Leonard Hango...
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Trade deficit narrows significantly in December 2023
The trade balance witnessed a notable improvement during December 2023, with the deficit standing at N$299 million, according to the latest trade statistics released by NSA. This marks a stark contrast to the deficits of N$4 billion and N$1.4 billion recorded in November 2023 and December 2022, respectively. According to NSA statistician-general Alex Shimuafeni, Botswana...
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Wia Gold ‘significantly’ extends Kokoseb deposit in Namibia – Business Express
Wia Gold has ‘significantly’ extended its Kokoseb gold deposit in Namibia through a 14-hole reverse circulation (RC) drilling program. The $30.38 million market capitalisation company says the drilling, which comprised 10 RC holes (KRC134-143) and 4 diamond holes (KDD004 and KDD014-16), has outlined a ‘thick’ mineralised shoot and ‘strong’ depth extensions at the North-West zone....
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Walvis Bay Harbour set to benefit significantly from new EU deal – Windhoek Observer
Niël Terblanché The European Union (EU) has pledged about N$20 billion Euros in support of an ambitious initiative to enhance the development of Namibia’s main port in Walvis Bay. Namibia’s main harbour is, amongst others, viewed as a crucial gateway to the Walvis Bay – Maputo Corridor. This initiative is part of the EU-Africa Global...
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Household drought relief Food increased significantly – Windhoek Observer
Hertta-Maria Amutenja Cabinet has given the green light for an increase in the provision of bags of maize meal for drought relief. Now, each household will receive 20 kilograms of maize meal bags every month throughout the drought relief program for the 2023/24 financial year. This substantial increase replaces the previous 12.5-kilogram allocation to each...