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The Electricity Control Board (ECB) has lauded NamPower's endeavours to introduce bulk prepaid metres to various Regional Electricity Distributors (REDs) and other clientele, saying it is a sustainable move.

The Namibia Airports Company (NAC) says it is confident South African low-cost carrier FlySafair will launch flights between Windhoek’s Hosea Kutako International Airport and Johannesburg’s OR Tambo International Airport next year.

Namibia’s trade deficit widened by 58.3% to N$3.7 billion during the month of July as the growth in imports outpaced the rise in exports, latest data reveals.

Nedbank Namibia says more than 40% of its clientele now utilize its digital channels to access products and services.

The Capricorn Group, including the Capricorn Foundation and its subsidiaries Bank Windhoek, Capricorn Asset Management, Entrepo, and Bank Gaborone, has invested N$21.7 million in social responsibility programs and projects in Namibia and Botswana, marking an increase from N$16.3 million the previous year.

Deputy Minister of Mines and Energy, Kornelia Shilunga, inaugurated a new five-member Electricity Control Board on Wednesday.

NamPower is moving to introduce prepaid meters for all its distribution customers, including regional electricity distribution companies (REDs), as part of measures to improve its debt management.

Osino Resources Corp. has announced that Prospect Resources Limited has successfully completed Phase 1 of the earn-in agreement for the Omaruru Lithium Project in Namibia. This marks a major step forward in the development of this promising lithium project.

Trustco Group Holdings, a Namibia-headquartered company with operations in insurance, investments, resources, and banking and finance, has received a N$1.4-billion capitalisation offer from its founder shareholders, Dr Quinton van Rooyen and Next Capital, the investment vehicle of the Van Rooyen family.

The City of Windhoek (CoW) has agreed to enter into an agreement with the Berlin Energy Agency (BEA) to conduct a feasibility study on the development of a solar photovoltaic mini grid for the Mix informal settlement.

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