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The government has committed to avoid further bailouts of state-owned enterprises (SOEs) over the next three years and confirmed it will “let go” of some SOEs that are no longer considered strategically relevant.

MultiChoice Group, the parent of brands such as DStv and SuperSport, has eked out a 5% improvement in subscribers from a year ago, with most of that growth coming from outside South Africa. The figure for South Africa was just 2%.

Namibia’s annual inflation rate for October increased by 3.6% compared to 2.3% recorded over the same period last year, the country’s statistical agency announced on Thursday. 

The Ministry of Agriculture, Water and Land Reform says the implementation of the much-touted irrigation project at Neckartal Dam will be done through Public Private Partnerships, with 3800 hectares (ha)out of the 5000ha earmarked for irrigation development having already been acquired.

Namibian Ports Authority (Namport) has set aside 350 hectares of land at Walvis Bay's North Port for allocation to Green Hydrogen related industries.

Eskom CEO André de Ruyter is going nowhere. The board has not discussed his resignation with him and he will not hand it in of his own accord.

The European Union plans to introduce carbon emission taxation will hurt African economies significantly and unfairly, the African Climate Foundation Council Member, Prof. Carlos Lopes has warned.

Uranium hopeful Paladin Energy has confirmed the restart cost estimates for its Langer Heinrich mine, in Namibia, to be N$1.2 billion (US$81-million).

Mufaro Nesongano has been appointed Manager of Communications and Old Mutual Foundation at Old Mutual Namibia with effect from 1 November 2021.

Vivo Energy, the owner of the Shell and Engen brands in 23 African countries, has named TotalEnergies executive Stanislas Mittelman as CEO designate.