In a striking reframing of conventional economic wisdom, President Netumbo Nandi-Ndaitwah declared Namibia’s recent reclassification as a Lower-Middle-Income country not a setback, but a crucial opportunity to unlock vital resources for equitable development. The announcement came during the landmark launch of Namibia’s 6th National Development Plan (NDP6) at the UniversityContinue Reading
Namibia’s position as a global uranium powerhouse is set to strengthen as Deep Yellow Limited advances its flagship Tumas Project toward a critical final investment decision. New details revealed in the company’s quarterly activities report highlight significant progress in engineering, procurement, and site preparation at the Erongo region site, signalingContinue Reading
Gold exploration company Wia Gold has announced an updated Mineral Resource Estimate (MRE) for its Kokoseb Gold Project in Namibia. The updated MRE shows a 38% increase in contained gold at the project, now totaling 2.93 million ounces. The updated estimate also shows that Kokoseb has 1.81 million ounces ofContinue Reading
Noronex Limited and its joint venture partner South32 are gearing up to kick off a 7000-metre drilling program in search of copper at their joint Humpback-Damara project in the southwestern African country of Namibia. A contract has been signed for an extensive drilling campaign, which the joint venture partners expectContinue Reading
The Old Mutual Foundation has announced the top 3 winners for the Omaheke Region in the final edition of its flagship entrepreneurship initiative, the Old Mutual Sustainable, Economic and Empowerment Drive (OM SEED). After a rigorous selection process, these outstanding entrepreneurs were chosen for their innovation, resilience, and potential toContinue Reading
MTC has officially announced its sponsorship of the Content Creator Awards, securing the naming rights for the prestigious event. The announcement was made last week in Windhoek by MTC’s Corporate Communication Specialist, Erasmus Nekundi, where the company revealed its intention to commit N$1.5 million on this year’s event, and N$4.5millionContinue Reading
In a powerful address at yesterday’s 8th Erongo Regional Career Fair, Deputy Prime Minister and Minister of Industries, Mines and Energy, Natangwe Ithete, MP, challenged Namibian youth to harness technology and artificial intelligence (AI) for economic advancement, positioning themselves at the forefront of the nation’s development. Speaking to a packedContinue Reading
NamWater has held high-level strategic talks with the Governors of Ohangwena and Oshikoto regions, focusing on expediting vital water supply projects to combat persistent shortages and bolster long-term water security in the drought-stricken north. The state-owned water utility hosted Governor of Ohangwena, Hon. Kadiva Hamutumwa, and Governor of Oshikoto, Hon.Continue Reading
PETROFUND CEO Nillian Mulemi has unveiled a significant expansion of the organisation’s scholarship and training programmes, positioning Namibian youth at the heart of the country’s burgeoning oil and gas sector. The announcements, made during her keynote address at the 2nd Youth in Oil and Gas Summit, carry substantial economic weightContinue Reading
Karibib-QKR Namibia Navachab Gold Mine has launched a new line of Personal Protective Equipment (PPE) as part of its ongoing commitment to workforce safety and operational excellence. The upgraded safety gear was officially unveiled during a recent safety awareness event held at the mine site. This initiative comes at aContinue Reading
