As part of its Transmission Master Plan, which is aimed at planning for the future of the national electrical transmission system, NamPower continues to maintain and upgrade its transmission infrastructure, while expanding it to accommodate the growing electricity demand and generation integration in the country. The utility will over the next five to seven [...]
The Development Bank of Namibia (DBN) has provided an additional N$150 million for Erongo RED. The amount is being used to finance additional second phase electricity distribution requirements for the Swakopmund mass housing development, and for the waterfront. Erongo RED previously used N$250 million from DBN to finance its first phase project to upgrade [...]
FNB Namibia has sponsored N$25 000 toward the fifth Karibib Travel and Tourism Fair. The Fair will this year be held under the theme “Karibib: Building heritage and tourism” and is scheduled to take place from 30 May to 2 June 2018. “FNB actively supports small towns and communities throughout Namibia to strengthen their [...]
Ohorongo Cement will ensure that selected non-recyclable materials collected during-, and after the upcoming National Clean-Up Day, does not end up in landfills. Many towns in Namibia are currently struggling to properly dispose of plastics and other non-recycable material, which merely ends up on rubbish dumps and in landfills. This is detrimental to the [...]
With the Mayor of the City of Windhoek, Muesee Kazapua as special guest, Pick n Pay (PnP) Namibia – a subsidiary of the Ohlthaver & List (O&L) Group - on Monday, 21 May 2018 officially launched its ‘new look’ store at Wernhil Park in Windhoek. The store, which was PnP Namibia’s very first store [...]
Seventh annual PwC report shows how risk leaders around the world are effectively addressing challenges that accompany innovation. As technological innovation continues to revolutionise the business landscape, organisations are grappling with newfound risks and unchartered challenges. PwC’s 2018 Risk in Review Study, ‘Managing risks and growth in the age of innovation,’ shows how a [...]
In line with our brand promise to increase access to simple, accessible and appropriate financial solutions, Letshego Namibia is launching ‘LetsGo’ – an all-in-1 solution to our customers in Windhoek, which enables customers to save, pay and get paid, at a cost effective rate with Letshego’s pay-as-you- use fees. With LetsGo, customers can save [...]
On Wednesday, 31 January 2018 the Pupkewitz Foundation handed over four new classrooms and a multi-purpose room worth N$1.3 million to the Groot Aub Primary School. The PUPKEWITZ FOUNDATION has been playing a strong role in maintaining educational facilities, towards assisting the Ministry of Education in achieving their infrastructural goal of alleviating the need [...]
Dundee Precious Metals Inc. (“DPM”) is pleased to announce that it has entered into an agreement to transfer an 8 per cent ownership interest in Dundee Precious Metals Tsumeb (Pty) Ltd. (“DPMT” or the Tsumeb Smelter) to Greyhorse Mining Ltd. (“GHM”). DPM will also be transferring an additional two per cent ownership interest in [...]
FNB Holdings recently hosted a four-day Innovation Conference coinciding with the International Innovation and Creativity Week. The conference focused on process optimization and trained internal Innovation Champions. “Known for being the most innovative bank in Africa, FNB believes in bottom-up innovation because it is fueled by the many ideas initiated by our own employees [...]
