Tom Alweendo – Windhoek Observer

05 Sep

For Namibia to become industrialised,it will require investors: Alweendo

ObserverNational NewsFor Namibia to become industrialised, Tom Alweendo

Martin Endjala Mines and Energy Minister, Tom Alweendo has emphasised that if Namibia is to become an industrialised country, then leaders must continue inviting and attracting investors which is part of the vision to tap into mineral resources. Alweendo made these remarks during the Namibia-Korea Energy Resources Business Forum yesterday in Windhoek. The Minister stressed that Namibia will only allow investments into its critical raw minerals to be exploited on a win-win outcome. He said that gone are the days, where the country’s valuable minerals get chipped out of the country and refined elsewhere without value addition, for this reason,…

25 Jul

Ministry endorses Oil and Gas Conference

ObserverNational NewsChairperson of EAN, Jason Kasuto, Ministry endorses Oil and Gas Conference, MME, Tom Alweendo

Niël Terblanché Namibia’s Ministry of Mines and Energy (MME) has officially endorsed the premier presentation of the Namibia Oil and Gas Conference slated for mid-August 2023. The much-awaited event is scheduled to take place on 16 and 17 August in Windhoek. The Minister of Mines and Energy, Tom Alweendo expressed his support for the conference in a letter written to the organisers of the event. “The Namibia Oil and Gas Conference 2023 holds great promise for fostering dialogue and collaboration among key stakeholders in Namibia and the international oil and gas value chain,” Alweendo said. The minister also promised that…

30 May

Oil discovery, a blessing or a curse?

ObserverObserver MoneyOil discovery a blessing or a curse?, Tom Alweendo

Julia Heita Mines and Energy Minister, Tom Alweendo said the answer to the question about whether or not the oil discovery is a blessing or a curse depends on what Namibia decides in the present. “The impact will be what we decide it to be,” Alweendo said. He was addressing a Parliamentary workshop on Maximizing mining and energy potentials, held in Swakopmund on yesterday. “We know of countries where the discovery of oil became a curse and there are also countries where the discovery became a blessing. I would like to believe that we all want our discovery to be…

03 Feb

Namibia to highlight investment opportunities

ObserverNational NewsAfrican Mining Indaba, Namibia to highlight investment opportunities, Tom Alweendo

Staff Writer The Ministry of Mines and Energy says that Namibia will be showcasing the country’s investment opportunities in the mining sector at the 2023 Invest in African Mining Indaba, which will be taking place in Cape Town, South Africa from 6th to 9th February 2023. In its 28th year, this premier event brings together industry leaders, investors, and government representatives to discuss the future of Africa’s mining sector. “The Invest in African Mining Indaba presents a unique opportunity for Namibia to exhibit her investment prospects in the mining sector to a worldwide audience, while amplifying our commitment to sustainable…

07 Oct

Kavekotora blames debt for not subsidizing fuel prices

ObserverNational NewsKavekotora blames debt for not subsidizing fuel prices, Mike Kavekotora, Tom Alweendo

Martin Endjala Member of parliament and leader of Rally Democracy Mike Kavekotora has blamed the incumbent government on the country’s borrowing debt due to its ineffectiveness which is the reason why Namibia is not in the position to subsidies its fuel prices. The MP is not convinced that a country like Namibia, which is regarded as a middle income country, cannot subsidize its fuel and make it cheaper like other countries. Kavekotora was speaking yesterday in parliament, pointing out that subsidizing fuel prices should not be treated as something that cannot be done, or that is out of Namibia’s scoop.…

24 Aug

Venaani wants oil agreements renegotiated

ObserverNational NewsPopular Democratic Movement (PDM) McHenry Venaani, Tom Alweendo, Venaani wants oil agreements renegotiated

Martin Endjala The leader of the official opposition, the Popular Democratic Movement (PDM) McHenry Venaani, is concerned about the handling of oil exploration licenses by the Ministry of Mines and Energy, saying they should be renegotiated. In an open letter dated 23rd August, Venaani is requesting Tom Alweendo to open up all existing and new oil exploration and extracted agreements concluded thus far by his ministry. Venaani said concerns are raised by the public that the agreements may not be in the best interest of Namibia in future. “If these Namibian oil resources are used sustainably, they can serve as…

16 Jul

More diamond cutting skills needed

ObserverNational NewsMinister of Mines and Energy, More diamond cutting skills needed, NDTC, Tom Alweendo

Tujoromajo Kasuto Minister of Mines and Energy, Tom Alweendo says the local diamond cutting and polishing industry is likely to flourish only when the country has all the needed skills from the lowly skilled ones to the highly developed ones. He said Namibia is at a stage where the country needs to optimize more on diamond cutting and polishing to create the much needed employment. "We wish to encourage companies to take the issue of skills transfer seriously, especially high level skills. You will agree with me that in the long run this is not only in the best interest…

09 Jul

Alweendo calls for positive attitude

ObserverNational NewsAlweendo calls for positive attitude, Minister of Mines and Energy has called for a positive attitude among Namibians, Tom Alweendo

Martin Endjala The Minister of Mines and Energy has called for a positive attitude among Namibians during his information sharing sessions in the two Kavango regions. Tom Alweendo explained that the country is in a very good position to become one of the biggest producers of green hydrogen energy in the world, given its geographical location. The green Hydrogen project has received worldwide publicity with three European countries such as Germany, Netherlands and Belgium already at the forefront of transitioning to renewable energy to counter fossil fuels, which are regarded as the main contributors to global warming. About 40 million…

06 Jul

Economic activities supporting oil and gas more impactful

ObserverNational NewsMinister of Mines and Energy, Namibian University of Science and Technology Public Lecture on Petroleum, National Petroleum Corporation of Namibia (NAMCOR)., Tom Alweendo

Tujoromajo Kasuto Tom Alweendo, Minister of Mines and Energy, said economic activities in the oil and gas sector have a greater economic impact than direct revenue from petroleum extraction activities and licences issued by the National Petroleum Corporation of Namibia (NAMCOR). ‘’To me, local content has a greater economic impact than direct revenue from the oil sector because, if done well, it can generate more value than direct revenue from the oil sector. Consider the engineering services that must be provided to these companies, transportation, catering, and so that must be built, and I believe that is where the value…

20 Apr

N$301.6 billion needed to save Africa’s energy poverty – Alweendo

ObserverUncategorisedN$301.6 billion needed to save Africa’s energy poverty - Alweendo, Namibia Energy Investment Conferenc, Tom Alweendo

Tujoromajo Kasuto Minister of Mines and Energy, Tom Alweendo says for Africa’s energy poverty to become history, there is a need to think differently about the countries capability and what needs to be done to attract the necessary investment in the energy space. Alweendo was speaking at the ongoing Namibia Energy Investment Conference in Windhoek today. He says some estimates suggest that the continent needs an annual investment of US$20 billion from now until 2030, which he believes is impossible, ‘’but there is a need to think and act anew’’. Additionally, he highlights that significant developments have emerged within the…