Namibia, Angola revive N$22bn Baynes dam interest

881 MW power project resurfaces
The two governments have announced plans to develop a project that caused emotive confrontations in the past.
Augetto Graig
Namibia and Angola have announced plans to resurrect work on the controversial Baynes hydropower project located at the border between the two countries, which will produce 881 meg
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Namibian Sun 2024-07-03

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Katima Mulilo: 11° | 31° Rundu: 12° | 31° Eenhana: 13° | 32° Oshakati: 13° | 30° Ruacana: 13° | 31° Tsumeb: 16° | 28° Otjiwarongo: 11° | 28° Omaruru: 10° | 28° Windhoek: 8° | 24° Gobabis: 6° | 24° Henties Bay: 12° | 18° Wind speed: 23km/h, Wind direction: S, Low tide: 07:37, High tide: 14:00, Low Tide: 19:49, High tide: 02:00 Swakopmund: 13° | 16° Wind speed: 26km/h, Wind direction: S, Low tide: 07:35, High tide: 13:58, Low Tide: 19:47, High tide: 02:00 Walvis Bay: 12° | 22° Wind speed: 31km/h, Wind direction: S, Low tide: 07:35, High tide: 13:57, Low Tide: 19:47, High tide: 02:00 Rehoboth: 5° | 23° Mariental: 7° | 22° Keetmanshoop: 6° | 21° Aranos: 6° | 22° Lüderitz: 12° | 22° Ariamsvlei: 6° | 19° Oranjemund: 11° | 19° Luanda: 20° | 22° Gaborone: 11° | 24° Lubumbashi: 12° | 29° Mbabane: 9° | 26° Maseru: 3° | 12° Antananarivo: 10° | 23° Lilongwe: 15° | 28° Maputo: 17° | 31° Windhoek: 8° | 24° Cape Town: 10° | 16° Durban: 14° | 22° Johannesburg: 10° | 17° Dar es Salaam: 23° | 30° Lusaka: 15° | 27° Harare: 12° | 26° Currency: GBP to NAD 23.53 | EUR to NAD 19.96 | CNY to NAD 2.55 | USD to NAD 18.59 | 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 0.76 | ZWL to NAD 0.04 | BRL to NAD 3.26 | RUB to NAD 0.21 | INR to NAD 0.22 | USD to DZD 133.98 | USD to AOA 862 | USD to BWP 13.66 | USD to EGP 48.11 | USD to KES 127.98 | USD to NGN 1504.9 | USD to ZAR 18.59 | USD to ZMW 23.93 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1772.61 Down -1.31% | Casablanca Stock Exchange (CSE) MASI 13245.01 Down -0.44% | Egyptian Exchange (EGX) 30 Index 27985.89 Up +0.06% | Botswana Stock Exchange (BSE) DCI 9374.78 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$ 2 328.90/OZ DOWN -0.0015 | Copper US$ 4.42/lb UP +0.23% | Zinc US$ 2 939.80/T UP 0.18% | Brent Crude Oil US$ 87.29/BBP DOWN -0.0004 | Platinum US$ 993.28/OZ UP +1.66% Sport results: Weather: Katima Mulilo: 11° | 31° Rundu: 12° | 31° Eenhana: 13° | 32° Oshakati: 13° | 30° Ruacana: 13° | 31° Tsumeb: 16° | 28° Otjiwarongo: 11° | 28° Omaruru: 10° | 28° Windhoek: 8° | 24° Gobabis: 6° | 24° Henties Bay: 12° | 18° Wind speed: 23km/h, Wind direction: S, Low tide: 07:37, High tide: 14:00, Low Tide: 19:49, High tide: 02:00 Swakopmund: 13° | 16° Wind speed: 26km/h, Wind direction: S, Low tide: 07:35, High tide: 13:58, Low Tide: 19:47, High tide: 02:00 Walvis Bay: 12° | 22° Wind speed: 31km/h, Wind direction: S, Low tide: 07:35, High tide: 13:57, Low Tide: 19:47, High tide: 02:00 Rehoboth: 5° | 23° Mariental: 7° | 22° Keetmanshoop: 6° | 21° Aranos: 6° | 22° Lüderitz: 12° | 22° Ariamsvlei: 6° | 19° Oranjemund: 11° | 19° Luanda: 20° | 22° Gaborone: 11° | 24° Lubumbashi: 12° | 29° Mbabane: 9° | 26° Maseru: 3° | 12° Antananarivo: 10° | 23° Lilongwe: 15° | 28° Maputo: 17° | 31° Windhoek: 8° | 24° Cape Town: 10° | 16° Durban: 14° | 22° Johannesburg: 10° | 17° Dar es Salaam: 23° | 30° Lusaka: 15° | 27° Harare: 12° | 26° Economic Indicators: Currency: GBP to NAD 23.53 | EUR to NAD 19.96 | CNY to NAD 2.55 | USD to NAD 18.59 | 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 0.76 | ZWL to NAD 0.04 | BRL to NAD 3.26 | RUB to NAD 0.21 | INR to NAD 0.22 | USD to DZD 133.98 | USD to AOA 862 | USD to BWP 13.66 | USD to EGP 48.11 | USD to KES 127.98 | USD to NGN 1504.9 | USD to ZAR 18.59 | USD to ZMW 23.93 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1772.61 Down -1.31% | Casablanca Stock Exchange (CSE) MASI 13245.01 Down -0.44% | Egyptian Exchange (EGX) 30 Index 27985.89 Up +0.06% | Botswana Stock Exchange (BSE) DCI 9374.78 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$ 2 328.90/OZ DOWN -0.0015 | Copper US$ 4.42/lb UP +0.23% | Zinc US$ 2 939.80/T UP 0.18% | Brent Crude Oil US$ 87.29/BBP DOWN -0.0004 | Platinum US$ 993.28/OZ UP +1.66%