Submitted by NamibianSun101 on Tue, 2013-04-30 08:19
PROUD WORKERS: Tomorrow Namibia will join the rest of the world in celebrating Workers' Day. On this day, labour movements and workers alike take time to rejoice and reflect on the challenges facing them. Read more on page 4-5 for reflections on the day.
Photo: NAMPA Read more about Happy May Day
Submitted by NamibianSun101 on Tue, 2013-04-30 08:19
WINDHOEK STAFF REPORTER In a bid to rise more than N$10 billion it requires to fulfil its Cabinet-sanctioned participation in the Kudu Gas project, Nampower has decided to sell 49% of its downstream stake in the much-hyped energy scheme. This was confirmed by Mines and Energy Minister Isak Katali, who yesterday admitted that differences between NamPower and his ministry over the project, is now a thing of the past. Business and financial market site Bloomberg quoted NamPower officials confirming a decision to sell a substantial stake to interested and capacitated parties. Read more about Namibia to sell 49% stake in Kudu
