Country Brief – NAMIBIA
October 2018
Table of Contents Economy at a glance ............................................................................................................................... 8 National Economics Fast Facts ............................................................................................................ 9 Economic Association of Namibia-Annual conference ..................................................................... 10 Namibia’s Economic Growth Overview for 2018’s Q2 ...................................................................... 11 DBN re-appoints its CEO ................................................................................................................... 11 Bank Windhoek approves 7% Annual Salary Increases .................................................................... 12 Annual inflation levels for transport, electricity increase ................................................................. 12 Oil & Gas ............................................................................................................................................... 13 September 2018 Fuel price increase ................................................................................................ 14 Schlettwein sees Kudu as a no go ..................................................................................................... 14 Tullow Oil abandons first Namibian well, ......................................................................................... 16 Global Petroleum to explore in Namibia .......................................................................................... 17 Uranium ................................................................................................................................................ 18 Electricity............................................................................................................................................... 20 Tariff Charges explained ................................................................................................................... 21 Renewable Energy ................................................................................................................................ 23 Solar projects status quo and future in Namibia .............................................................................. 24 Water .................................................................................................................................................... 25 Neckartal Dam reaching completion ................................................................................................ 26 Illegal water connections in Rundu ................................................................................................... 26 Tses water rationing over debt continues ........................................................................................ 26 The Environment and Sustainability ..................................................................................................... 27 Okongo Village contributing to food security ................................................................................... 28 Complete cancellation of Phosphate mining clearance certificate .................................................. 29 Telecommunications ............................................................................................................................. 31 Namibia 5th National ICT Summit ...................................................................................................... 32 MTC new prayer service ................................................................................................................... 32 081EVERY1 project makes progress ................................................................................................. 32 Free Internet use for FNB App users................................................................................................. 33 Powercom operating more towers ................................................................................................... 33
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Roads and Transport ............................................................................................................................. 34
