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Felix Njini

Copper company closes remaining two of its Namibian mines

12th December 2008 London-listed copper-miner Weatherly International has shut down two of its remaining mines in Namibia – Otjihase and Tschudi – citing shrinking margins owing to a sharp fall in the copper price. 

Namibia all set for Zim power imports

10th October 2008 Namibian power utility NamPower is to start receiving an additional 150 MW from Hwange power station (HPS), in Zimbabwe, this month, following the completion of the refurbishment of four units at the power station in a $40-million deal between the governments of the two countries. 

Work on R2,5bn Namibian cement plant to start next year

5th September 2008 Construction on a mega cement plant German group Schwenk plans to build near Tsumeb, in northern Nambia, is to start in January next year, with completion scheduled for 2010. 

Tender out for R700m Namibian fuel-storage facility

29th August 2008 Namibian State-owned petroleum firm Namcor has issued tenders for the construction of fuel-storage facility in the coastal town of Walvis Bay. 

Kudu gas exports possible as power-plant plan falters

25th July 2008 Africa-focused oil and gas firm Tullow Oil says it may consider direct gas exports from its massive Kudu gas reservoir, in Namibia, after delays in the implementation of the envisaged 800-MW gas-to-power plant, which had been expected to use gas from the massive Kudu fields for electricity... 

Namibia makes transshipment offer to troubled neighbour

27th June 2008 Namibia has offered its landlocked neighbour, Zimbabwe, a piece of land on which to construct its own dry port and storage facilities at the deep-water port of Walvis Bay to help in the transshipment of cargo. 

Namibia plans R1,2bn Walvis Bay port expansion

28th March 2008 The Namibia Ports Authority (NamPort) plans to expand and deepen the Walvis Bay port to cater for increased business from the Southern African Development Community (SADC) hinterland. 

Namibian telecoms firms up in arms over new prepaid tax

15th February 2008 Namibia’s terrestrial telecommunications provider, Telecom Namibia, says it is to subsidise its customers, following government’s imposition of a 15% value-added tax (VAT) on all prepaid telecommunication services. 

NamPower to fork out more in Zim power deal

18th January 2008 Namibia's power utility, NamPower, says that it is to fork out an additional $10-million for the refurbishment of the Hwange power station, in Zimbabwe, in return for more electricity supplies. 

Financial deal seen as key to opening way for Namibian wind farm

23rd November 2007 A firm which developing a 92-MW wind energy project in Namibia has signed a financing agreement with a Dutch development finance institution, the Nederlandse Financierings Maatsschappij. 

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