Economy

Economy (712)

Airlink has suspended its cargo operations at Windhoek’s Hosea Kutako International Airport following a change in the airport’s ground handling and cargo service provider.

President Hage Geingob will be heading to South Africa this Wednesday afternoon  to attend the BRICS Summit, which began on Tuesday, and is set to return on Friday.

Namibia urgently requires regulatory reforms to establish much-needed transparency and accountability in its emerging oil and gas sector.

The country’s recent oil discoveries could hold a staggering 11 billion barrels of reserves, National Petroleum Corporation of Namibia’s (NAMCOR) Acting Managing Director Shiwana Ndeunyema has revealed. 

Reconnaissance Energy Namibia's Director of Communications and Stakeholder Relations, Mwanyengwa Ndapewoshali Shapwanale and Taimi Itembu, Public and Government Affairs representative at ExxonMobil, have been recognized by the African Energy Chamber as two of the '25 Under 40 Women Leaders' driving transformation in the African energy landscape.

Agriculture Minister Calle Schlettwein says Namibia supports the proposed financing scheme at the United Nations Water Conference Action, which seeks to increase the income contribution amount to US$2 billion per year with the aim of reaching US$30 billion per year by 2030.

Namibia’s recent oil discoveries have the potential to position the country among the top 15 oil-producing nations by 2035.

The Government and Hyphen Hydrogen Energy (Hyphen) are set to embark on National Green Hydrogen Roadshows led by the Chairperson of the Green Hydrogen Council and Director-General of the National Planning Commission, Obeth Mbui Kandjoze.

South Africa's Minister of Electricity Kgosientsho Ramokgopa has assured Namibia that the security of supply of energy from South Africa will not be affected by the country's ongoing load-shedding.

In recent years there has been a growing emphasis on transitioning towards ‘green’ sources of energy to combat climate change and secure a sustainable future.

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