Cheetah cement has said that its management has notified all employees, the office of the Labour Commissioner and the Union of the difficult decision to reduce the workforce at the Cheetah Cement Factory. These notifications were given in terms of the prescriptions of Section 34 of the Labour Act 11Continue Reading
Telecom Namibia CEO, Stanley Shanapinda has responded to a World Bank Group report titled, ‘Creating Markets in Namibia – Creating Resilient and Inclusive Markets’ released on the 8th of July 2022. The report stated, amongst others, that in Namibia: The costs for Internet data services are high, at an averageContinue Reading
Economic experts at Simonis Storm Securities have detailed a cocktail of policy reforms and remedies that are critical for government to avert the resource curse that may come with the recent discoveries of oil off the coast of Namibia. Oil discoveries were made at the Graff-1 and Venus WellsContinue Reading
SACU Executive Secretary, Paulina Elago has said that the successful launch of the Advance Ruling initiative by the Namibia Revenue Agency (Namra) will set Namibia apart and allow her to serve as a model for the rest of the SACU member states. Elago highlighted that as part of the mandateContinue Reading
Given that vehicle import levels edged lower in recent months, Simonis Storm Securities expects shortages of both new and quality second had cars to remain a constraint on vehicle sales in Namibia. Economist at the firm, Theo Klein last week further highlighted that local demand still exceeds supply, despite theContinue Reading
B2 Gold’s Otjikoto mine produced 31 417 oz in the second quarter, which was 6% below budget, owing to a slower-than-planned ramp-up in development of the Wolfshag underground mine, the company has announced. B2Gold said it had appointed a new underground contractor and that development rates in the underground mineContinue Reading
…as Trust marks 30 years of existence Deputy Minister of Industrialisation and Trade, Verna Sinimbo has called on the private and public sector to support Penduka Trust in order to keep its doors open by hosting workshops, conferences, and team building exercises, using the restaurant, pedal boat rides and accommodationContinue Reading
The Capricorn Foundation officially launched its Food Waste Challenge 2022. This follows the announcement of the commencement of the challenge on 29 June 2022, which called on innovative solutions from the public to reduce food waste in Namibia. At the event, more detail and guidance were provided on the natureContinue Reading
Germany’s envoy on Green Hydrogen, Rainer Baake and Presidential Economic Advisor and Namibia’s green hydrogen commissioner James Mnyupe recently paid a courtesy visit to the Environmental Investment Fund of Namibia. The discussions where around the Namibia’s potential on the development of green hydrogen and ammonia export to the Germany andContinue Reading
MultiChoice Namibia (MCN) has taken a firm stance in broadening its activism against content piracy through an installation review programme. “MultiChoice, who is celebrating 30 years in Namibia, uses technology and video entertainment to promote a hyperlocal strategy both in Namibia and beyond,” said MCN Head of Marketing, Abbelene Boer.Continue Reading
