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Solar energy not a cheaper alternative to conventional power: Brown

WINDHOEK, 05 SEP (NAMPA) General Manager of the Renewable Energy Industry Association of Namibia (REIAoN), Harald Schütt has expressed dissatisfaction at regulation that limits independent renewable energy producers from feeding their excess supply to the national grid. Schütt on Wednesday at the Economic Association of Namibia (EAN) panel discussion on Recovering from the economic downturn …

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Budget delay raises suspicions

Delays in tabling the 2019/20 national budget have raised suspicions amongst economists, who strongly suspect that the economy might be in turmoil than widely thought. Executive Assistant to the Finance Minister, Esau Mbako, confirmed on Thursday that the tabling of the 2019/20 fiscal year budget has been postponed to the 27th of March, the second …

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Consumption to economic growth dips

THE contribution of household consumption to economic growth declined to -4% in 2017, from a positive growth of 6% in 2016, according to statistics provided by the Namibia Statistics Agency. The annual national accounts’ report by the Namibia Statistics Agency (NSA) showed that in 2017, private households’ consumption amounted to approximately N$121 million each for …

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No Fuel Hikes for March

MINES and energy minister Tom Alweendo last Friday announced that fuel prices will remain. The prices at Walvis Bay will be N$12,05 per litre for petrol and N$13,13 per litre for diesel for the month of March. This is the third consecutive month that the ministry has kept fuel prices unchanged, with the minister saying …

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