The Namibia Revenue Agency (NamRA) has reported that from 1 April 2024 to 30 September 2024, the Authority collected a net amount of N$45.1 billion representing an increase of N$7.1 billion compared to the same period last year, where N$38 billion had been collected by September 2023. This was announcedContinue Reading
Sisedi Investment Group, a wholly 100% black Namibian owned asset management company, has announced the appointment of Arney Tjaronda as its new Research Analyst. With a background in finance and investment analysis, Arney brings a wealth of knowledge and enthusiasm to the team. Tjaronda’s journey in the finance sector beganContinue Reading
By Roberta Da Costa A legacy is more than just passing on money or belongings; it’s about making sure your loved ones are cared for when you’re no longer here. One important part of this is arranging funeral cover, which is often overlooked. By understanding and taking these steps, youContinue Reading
The stock of international reserves stood at N$57.1 billion as at the 30th of September 2024 compared to N$60.8 billion at the end of July 2024, the Bank of Namibia said in a statement last week. The decline was mainly driven by net commercial bank outflows, customer foreign currency withdrawals,Continue Reading
TSX-listed Koryx Copper has closed the first tranche of a previously announced non-brokered private placement on October 11, raising about N$167 million for the sale of about 8.7-million common shares for N$19 each. The company has now increased the size of the offering to raise combined gross proceeds, including theContinue Reading
Finland-based AW-Energy’s WaveRoller has secured the approval of the environmental impact assessment (EIA) to deploy the ocean energy pilot project in Namibia. According to Kaoko Green Energy Solutions, the approval was granted by Namibia’s Ministry of Environment, Forestry, and Tourism, which enables WaveRoller, in collaboration with Kaoko Green Energy Solutions’Continue Reading
In response to recent media inquiries and public interest regarding the appointment of Dino Ballotti as an employee on a Fixed Term Contract basis at the Namibia Investment Promotion and Development Board (NIPDB), the NIPDB has clarifed the circumstances surrounding this decision. In a statement, the Board said that inContinue Reading
The Namibia Airports Company (NAC) recorded a profit after tax of N$40 million for the 2023/24 financial year, demonstrating shared commitment to the company’s strategic direction. This profit is an increase to the N$19 million recorded in the previous financial year, the company said at its recent Annual General MeetingContinue Reading
The Namibia Youth Energy Forum (NYEF) has announced a partnership with TotalEnergies EP Namibia, which will engage as energizing partner. This collaboration highlights TotalEnergies’ commitment to empowering Namibian youth and enhancing their involvement in the energy sector. As the leading platform for young Namibians in the energy landscape—including sectors suchContinue Reading
The Communications Regulatory Authority of Namibia (CRAN) is representing Namibia at the International Telecommunications Union (ITU) World Telecommunication Standardisation Assembly (WTSA-24), that started from 14 October 2024 and will conclude on 24 October 2024 in New Delhi, India. This global event brings together policymakers, industry leaders, and ICT experts fromContinue Reading
