The National Petroleum Corporation of Namibia – NAMCOR has unveiled its 13th service station the NAMCOR Opuwo Retail Site, the first site under its retail portfolio in the Kunene Region. The site will serve the community of Opuwo and the Kunene Region at large as well as neighbouring regions withContinue Reading

A definitive feasibility study (DFS) into the Etango 8 uranium project, in Namibia, has confirmed the project’s economic viability with at least $320-million (about N$5.4 billion) in pre-production funding needed to achieve the outcomes considered in the DFS, ASX-listed Bannerman Energy said. While the company was confident that it wouldContinue Reading

The Communications Regulatory Authority of Namibia (CRAN)is preparing to issue spectrum for 5G in March 2023, which will be accompanied by a consumer awareness campaign to address myths and misconceptions and misinformation around 5G, Emilia Nghikembua, Chief Executive Officer of CRAN has said. Nghikembua said this last week on theContinue Reading

The Macroprudential Oversight Committee (MOC) of the Bank of Namibia (BoN) has concluded that despite the prevailing risks and vulnerabilities, the financial system remains sound, thus requires no macroprudential policy interventions at this stage. At its second meeting of the year on the 8th of December 2022 to assess vulnerabilitiesContinue Reading

During the month of October 2022, Namibia exported wood charcoal valued at N$107.3 million of which mostly was destined to South Africa, the Netherlands and Belgium, a trade bulletin released by the Namibia Statistics Agency (NSA) reveals. Over the entire period (October 2021 to October 2022), the export value ofContinue Reading

Namibia presidential economic adviser James Mnyupe has stressed the potential for the green hydrogen projects in South Africa and southern Namibia to complement each other in unlocking a large-scale green hydrogen industry by developing cross-border pipeline and electricity infrastructure. Speaking at the South Africa Green Hydrogen Summit in Cape TownContinue Reading