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 The Namibian government has put up three more green schemes on the market as it moves ahead to outsource some of the projects to the private sector. 

American multinational energy corporation Chevron has completed a major deal worth N$1.8 billion in Namibia that sees it take control of a coveted exploration licence close to the Venus and Graff discoveries by TotalEnergies and Shell respectively. 

Letshego Bank Namibia's collaborative summit with the African Union for Housing Finance (AUHF) and ATENU Developments has found that N$100,000 is sufficient to deliver a decent housing unit in the Havana informal settlement if serviced land is made available. 

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 Central Banks use interest rate increases to slow down the increase in inflation. These past few months have tested the resolve of even the most seasoned of investors.

The Namibian Competition Commission (NaCC) says it neither approved nor was it consulted regarding Airlink’s acquisition of a 40% shareholding in FlyNamibia. 

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The City of Windhoek (CoW) has secured two loans totaling N$155 million from the Development Bank of Namibia (DBN) to fund its shortfall to finance the N$228-million Khomas intake substation project to ensure additional capacity to support the City’s forecasted power demand. 

 Minister of Mines and Energy Tom Alweendo, in his official capacity, missed a deadline to file an answering affidavit in a matter where his actions were deemed “unlawful” and “unfair” after dismissing Red Soil Energy and Mineral Exploration Company’s application for oil exploration. 

Namib Desert Diamonds (NAMDIA) has appointed Alisa Amupolo as its new Chief Executive Officer on a five-year term effective from 1 October 2022.

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The Government Institutions Pension Fund (GIPF) has invested over N$ 306 million in the Oshana region of which over N$110 million is invested in Ondangwa through land servicing and construction.

The City of Windhoek (CoW) is set to approach its lawyers after Mines and Energy minister Tom Alweendo granted Ongos Valley the right to operate an electricity distribution company in its housing development despite its objections.