The Postal Sector experienced a noteworthy drop in the rental of letterboxes in the fourth quarter of 2022, with only 38% currently rented, representing a substantial decline of 29% from third quarter of 2022. Additionally, there is a decrease of 8% in the number of occupied private bags during theContinue Reading
African Energy Chamber Senior Vice President Verner Ayukegba addressed domestic and international stakeholders at the National Upstream Petroleum Local Content Policy workshop in Windhoek on Thursday, calling for expanded access to local financing solutions and a balanced approach to Namibia’s local content policy. “It’s all about financing local content. AsContinue Reading
Fesmedia Africa, the Regional media project of the FriedrichEbert-Stiftung in Namibia, together with its partners, will engage experts and stakeholders from the African continent and abroad in dialogue on information and communication rights and digital rights in Africa during a two-and-a-half day conference, to be held from 31 May toContinue Reading
London-listed technology metals mining company Andrada Mining has appointed Barclays Bank as a strategic financial adviser to advance its lithium portfolio. Andrada, which holds mining and exploration assets in Namibia, is in the process of expanding its existing tin operations to incorporate a lithium concentrate production stream. The company operatesContinue Reading
The Roads Authority (RA) has offered clarity on the prequalification process of Contractors for the rehabilitation of TR 7/1 (Usakos-Karibib road) in the Erongo Region which has caused a stir in the past week. The Authority highlighted that this project will be financed through a Germany Financial Cooperation with NamibiaContinue Reading
The Construction Industries Federation of Namibia (CIF) bemoans the fact that local Namibian-owned contractors have been side-lined on a road project under the auspices of the Roads Authority of Namibia (RA). In December 2022, the RA had received bids for the prequalification to rehabilitate the 32 km road between KaribibContinue Reading
Women and youth have lauded the high-level masterclass on Investment and Export Readiness Under AfCFTA as a game-changing training programme to effectively expand their business prospects. The International Trade Centre (ITC) collaborated with the United Nations Economic Commission for Africa (ECA), the Organization of Women in International Trade (OWIT), theContinue Reading
Old Mutual, the trusted and reliable financial services provider, has made an impressive mark on the town of Gobabis by opening a brand-new branch. The official opening ceremony was nothing short of grand, and the energy and excitement were palpable. This momentous occasion marks a significant milestone for Old Mutual,Continue Reading
Trigon Metals is pleased to announce, as of yesterday, May 9, 2023, a successful first mining blast and the official restart of mining operations from its Kombat mine open pit, ahead of initial projections. Trigon President and CEO, Jed Richardson, commented: “I would like to thank our staff, contractors, suppliers,Continue Reading
NWR has managed to cut its operating loss by 66%, from N$97 million in 2021 to N$33 million in 2022 while at the same time its revenue improved by 74%, from N$167 million in 2021 to N$290 million. This is contained in the firm’s 2022 annual report in which theContinue Reading
