The National Petroleum Corporation of Namibia (Namcor) has paid N$68 million for an organisational operations software system that is not fully functioning. Namcor awarded a software system tender in January 2020 to Green Enterprise Solutions to supply, install, implement, test and commission an enterprise resource planning (ERP) system. This is a software system used by...
Tag: splashes
NIP splashes N$5,3m on five executives’ vehicles
The Namibia Institute of Pathology (NIP) has bought new cars worth N$5,3 million for its top five executives amid claims that the parastatal is struggling to obtain essential materials required for conducting laboratory testing. NIP chief executive Kapena Tjombonde confirmed the purchase on Monday, describing it as an “extension of the fringe benefit”. “As part...
Govt splashes N$2m on Nandi-Ndaitwah’s car
Government has confirmed buying a sleek N$2 million land cruiser SUV for Swapo presidential candidate Netumbo Nandi-Ndaitwah. The move has however been described as “wasteful”. This comes at a time when President Hage Geingob imposed a moratorium on unneccessary travelling and buying of cars in 2020.Nandi-Ndaitwah who has been on a whirlwingd tour of introductory...
B2Gold splashes N$45 million on Otjikoto exploration – Business Express
Gold miner, B2Gold invested approximately N$45 million on exploration at the Otjikoto Gold mine in Namibia for the 9 months ending 30 September 2023, the miner’s financial results for the third quarter reveal. The exploration effort is despite plans to ramp down open-pit mining in about two years. Open pit mining operations at the Otjikoto...
Shell splashes a quarter of its exploration budget on Namibia – Business Express
Shell has such “belief” in the scale of its oil and gas discoveries in Namibia’s Orange basin that it will funnel a quarter of its deepwater exploration budget for 2023 and 2024 into the country, according to chief executive Wael Sawan. Shell has made four significant discoveries in Namibia to date — Graff, La Rona,...