NamPower moots prepaid bulk electricity supply
The national power utility NamPower is planning to deploy the use of prepaid meters in supplying bulk electricity to various clients in the near future, to avert debt accumulation. This comes as...
NamPower is not broke – Haulofu
NamPower says its sustainability is not dependent on the current pursuit to recover N$1.5 billion owed by clients. The national utility’s Managing Director Kahenge Simson Haulofu shrugged off notions that NamPower is...
Namibians to expect fuel price relief
Namibians may be able to breathe a sigh of relief as a new report by Simonis Storm predicts fuel cuts in the coming months, despite earlier forecasts of rising oil prices. The...
Shell achieves remarkable oil flow rates in Namibian offshore well, Graff-1x
Oil giant Shell has reportedly achieved extraordinary oil flow rates during production tests conducted on its Graff-1x discovery well located offshore Namibia. According to industry publication Upstream, these tests are part of...
Namibia safe from load-shedding for 12 months
The Electricity Control Board of Namibia’s Chief Executive Officer Robert Kahimise says the country is safe from load-shedding for the next 12 months, calming fears of a possibility of power cuts as...
NamPower failed to manage debt — ECB
The Electricity Control Board of Namibia (ECB) says the country’s power utility has not been diligent with debt management and general revenue collection. This comes after the National Power Utility (NamPower) instituted...
EU commits to Namibia renewable energy goals
The European Union (EU) has reiterated its commitment to supporting Namibia's drive of renewable energy, saying it will continue to invest in skills development that are pertinent to achieving the objective of...
Namibia should remain wary of oil curse – Petroleum Commissioner
The Ministry of Mines and Energy’s Petroleum Commissioner Maggy Shino says Namibia should not fall prey to disintegration due to reckless borrowing and spending as well as weaker monitoring and evaluation policies,...
Andrada Mining bolsters leadership team with new appointments
Andrada Mining Limited has appointed Gida Nakazibwe Sekandi as a Non-Executive Director, effective immediately. Sekandi is a qualified lawyer and accomplished businessperson with 28 years of executive and operational expertise in renowned...
Chamber of Mines satisfied with Namibia’s Fraser ranking
The Chamber of Mines says it is fairly pleased with Namibia's improved mining performance after the country recorded upgraded rankings on the global investment destination index. According to the Annual Survey of...