..as MV Costa Deliziosa docks at the Port of Walvis Bay today The Namibian Ports Authority will be welcoming guests from the MV Costa Deliziosa today at the Port of Walvis Bay. The Costa Deliziosa which will be on her maiden call has a carrying capacity of 2,260 passengers .TheContinue Reading
ASX-listed Paladin Energy says in its statement for the six months ended December 31, 2022, that since the decision was made in July 2022 to restart the Langer Heinrich mine (LHM) in Namibia and reach commercial production in calendar 2024, the restart project continues. This continues with a focus onContinue Reading
By Hanks Saisai Land is one of the vital means of production that has enabled the transformation of many family agri-business ventures to be well established agri-enterprises that enjoy sustainable profits that are shared over many generations. Owning a piece of this precious asset, regardless of the tenure system underContinue Reading
Government has set its sights on potential dividends of at least N$2.5 billion from its high performing entities – cash cows – as it looks forward to positive revenue to fund the 2023-2024 national budget which was tabled last week and is in excess of N$84 billion, Business Express understands.Continue Reading
After considering the funding requirements of the Group into the future, power utility, NamPower has revealed that it has taken a decision to de-list the NamPower bond programme from both the Johannesburg Stock Exchange (JSE) and the Namibian Stock Exchange (NSX) subsequent to year end. Going forward, plans are underwayContinue Reading
Research firm Simonis Storm has said that the outlook for the local fishing sector has changed from relatively flat to negative in 2023 and this is mainly as a result of on-going illegal fishing by Angolan companies in Namibian waters according to industry contacts. “This has negatively impacted Namibia’s stockContinue Reading
Rural and urban development minister, Erastus Uutoni has welcomed a new National Housing Enterprise (NHE) Board of Directors which will be led by Toska Sem as Chairperson. Other Board members whose appointment will be effective March 1 2023 include, Hasting Tjipuya (Deputy Chairperson), Ritta Khiba, Adda Angula, Erikson Mwanyekange, OshoveliContinue Reading
The Namibian uranium sector is not only recovering from a global slump but is also, in fact, growing, owing to uranium prices improving amid positive supply and demand fundamentals, says Namibian Uranium Institute (NUI) executive director Dr Gabi Schneider. “Besides a few ebbs and flows over the past decade, theContinue Reading
Upskilling and empowerment company Dyna Training Namibia has noted a marked increase in demand for supervisory skills training in the country’s mining industry. Although its core clients focus on the gold and copper sectors, the company has recently started engaging with clients in the uranium and zinc sectors. “Mining housesContinue Reading
Emerging Namibian drilling contractor KODO Drilling has taken delivery of two Leopard DI650i surface drill rigs from global engineering company Sandvik Mining and Rock Solutions’ Namibia branch. The rigs – the first to be delivered to the country – will be put to work at an opencast gold mine, whereContinue Reading
