The ECB's new board was announced today.
The ECB's new board was announced today.

New ECB board announced

Augetto Graig
Deputy mines minister Kornelia Shilunga yesterday announced the Electricity Control Board's (ECB) new board.

Its tenure begins tomorrow, and will last four years. The board is chaired by Evangeline Nailenge, with Professor Tjama Tjivikua serving as her deputy. Other board members are Mburumba Appolus, Vincia Cloete and Helen Vosloo.

"I implore you to fulfill the mandate of the ECB, along with its executive management, by exercising control over the electricity supply industry with the primary responsibility of regulating electricity generation, transmission, distribution, provision, import, and export in Namibia, by setting tariffs and issuing licences," Shilunga said.

Electricity prices are determined by taking acquisition costs into consideration, she said, calling on the new board to enforce good governance. She emphasised that ethical behaviour is essential for earning the trust of the nation and building industries.

"We will only be trusted if we apply good governance."

Protest

The appointment coincided with a protest march to the ministry of urban and rural development, where Katutura residents called for access to electricity, among other demands.

Shilunga said universal access to electricity is a dream for Namibia that is being reached step by step through budgeting and policy.

"One day is one day, and I hope we will achieve it," she said.

Regarding independent power producers, she said there is a legal framework in place to encourage more investment, while the government is currently working on a framework for green hydrogen to establish this new industry locally as soon as possible.

Gas is currently not regulated, but with recent discoveries of oil along the southern coast, Shilunga said the government will develop gas regulations alongside oil regulations in the near future.

"There is a global energy crisis, and by opening up our market, we are seeking answers to the questions we face. We must also generate power for countries outside Namibia because we want to provide electricity for Namibia and the region. If South Africa has a problem, then we have a problem, and if Namibia has a problem, then Angola also has a problem," she stressed.

Namibia still imports up to 70% of its electricity demand, according to the deputy minister.

ECB head Robert Kahimise thanked the deputy minister and said "I am grateful for a complete board".

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Namibian Sun 2024-05-09

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Premier League: Crystal Palace 4 vs 0 Manchester United SerieA: Udinese 1 vs 1 Napoli | Salernitana 1 vs 2 Atalanta Katima Mulilo: 13° | 33° Rundu: 14° | 33° Eenhana: 15° | 34° Oshakati: 17° | 34° Ruacana: 19° | 35° Tsumeb: 17° | 32° Otjiwarongo: 15° | 31° Omaruru: 19° | 33° Windhoek: 15° | 29° Gobabis: 16° | 30° Henties Bay: 15° | 18° Wind speed: 21km/h, Wind direction: S, Low tide: 10:06, High tide: 04:02, Low Tide: 22:18, High tide: 16:30 Swakopmund: 15° | 17° Wind speed: 25km/h, Wind direction: SW, Low tide: 10:04, High tide: 04:00, Low Tide: 22:16, High tide: 16:28 Walvis Bay: 15° | 21° Wind speed: 28km/h, Wind direction: SW, Low tide: 10:04, High tide: 03:59, Low Tide: 22:16, High tide: 16:27 Rehoboth: 18° | 30° Mariental: 22° | 32° Keetmanshoop: 18° | 32° Aranos: 20° | 32° Lüderitz: 12° | 22° Ariamsvlei: 16° | 31° Oranjemund: 10° | 18° Luanda: 25° | 27° Gaborone: 14° | 29° Lubumbashi: 15° | 28° Mbabane: 14° | 30° Maseru: 11° | 26° Antananarivo: 11° | 22° Lilongwe: 16° | 27° Maputo: 17° | 31° Windhoek: 15° | 29° Cape Town: 13° | 16° Durban: 20° | 33° Johannesburg: 17° | 25° Dar es Salaam: 23° | 30° Lusaka: 15° | 28° Harare: 13° | 27° Currency: GBP to NAD 23.01 | EUR to NAD 19.85 | CNY to NAD 2.56 | USD to NAD 18.51 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.31 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.67 | ZWL to NAD 0.04 | BRL to NAD 3.64 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 134.52 | USD to AOA 834.06 | USD to BWP 13.64 | USD to EGP 47.29 | USD to KES 130.48 | USD to NGN 1404.8 | USD to ZAR 18.51 | USD to ZMW 27.25 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 77177.44 Up +0.32% | Namibian Stock Exchange (NSX) Overall Index 1714.65 Down -0.07% | Casablanca Stock Exchange (CSE) MASI 13418.67 Up +0.32% | Egyptian Exchange (EGX) 30 Index 25988.93 Down -1.67% | Botswana Stock Exchange (BSE) DCI Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 313.05/OZ UP +0.18% | Copper US$ 4.49/lb DOWN -0.0022 | Zinc US$ 2 896.10/T DOWN -0.52% | Brent Crude Oil US$ 84.77/BBP UP +0.57% | Platinum US$ 979.56/OZ UP +0.55% Sport results: Premier League: Crystal Palace 4 vs 0 Manchester United SerieA: Udinese 1 vs 1 Napoli | Salernitana 1 vs 2 Atalanta Weather: Katima Mulilo: 13° | 33° Rundu: 14° | 33° Eenhana: 15° | 34° Oshakati: 17° | 34° Ruacana: 19° | 35° Tsumeb: 17° | 32° Otjiwarongo: 15° | 31° Omaruru: 19° | 33° Windhoek: 15° | 29° Gobabis: 16° | 30° Henties Bay: 15° | 18° Wind speed: 21km/h, Wind direction: S, Low tide: 10:06, High tide: 04:02, Low Tide: 22:18, High tide: 16:30 Swakopmund: 15° | 17° Wind speed: 25km/h, Wind direction: SW, Low tide: 10:04, High tide: 04:00, Low Tide: 22:16, High tide: 16:28 Walvis Bay: 15° | 21° Wind speed: 28km/h, Wind direction: SW, Low tide: 10:04, High tide: 03:59, Low Tide: 22:16, High tide: 16:27 Rehoboth: 18° | 30° Mariental: 22° | 32° Keetmanshoop: 18° | 32° Aranos: 20° | 32° Lüderitz: 12° | 22° Ariamsvlei: 16° | 31° Oranjemund: 10° | 18° Luanda: 25° | 27° Gaborone: 14° | 29° Lubumbashi: 15° | 28° Mbabane: 14° | 30° Maseru: 11° | 26° Antananarivo: 11° | 22° Lilongwe: 16° | 27° Maputo: 17° | 31° Windhoek: 15° | 29° Cape Town: 13° | 16° Durban: 20° | 33° Johannesburg: 17° | 25° Dar es Salaam: 23° | 30° Lusaka: 15° | 28° Harare: 13° | 27° Economic Indicators: Currency: GBP to NAD 23.01 | EUR to NAD 19.85 | CNY to NAD 2.56 | USD to NAD 18.51 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.31 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.67 | ZWL to NAD 0.04 | BRL to NAD 3.64 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 134.52 | USD to AOA 834.06 | USD to BWP 13.64 | USD to EGP 47.29 | USD to KES 130.48 | USD to NGN 1404.8 | USD to ZAR 18.51 | USD to ZMW 27.25 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 77177.44 Up +0.32% | Namibian Stock Exchange (NSX) Overall Index 1714.65 Down -0.07% | Casablanca Stock Exchange (CSE) MASI 13418.67 Up +0.32% | Egyptian Exchange (EGX) 30 Index 25988.93 Down -1.67% | Botswana Stock Exchange (BSE) DCI Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 313.05/OZ UP +0.18% | Copper US$ 4.49/lb DOWN -0.0022 | Zinc US$ 2 896.10/T DOWN -0.52% | Brent Crude Oil US$ 84.77/BBP UP +0.57% | Platinum US$ 979.56/OZ UP +0.55%