RESPONDING to government’s growth at home initiative, medical equipment manufacturer, Fuda Medical has embraced linen saver manufacturing which would significantly bring down Namibia’s costs for importing these medical products. Established in 2019, Fuda Medical, which specialises in the production and sales of linen savers (Under pads and medicines plastic bottles),Continue Reading
TOGETHER with general expectations for beef prices to continue rising owing to growing demand in China, the current environment should incentivize farmers to re-stock herds and increase production despite input costs mounting, Theo Klein, an economist with Simonis Storm Securities has said. Cattle slaughtering increased by 16.4% y/y in AprilContinue Reading
AN engineering, procurement and construction management (EPCM) contractor has been appointed to design and construct a lithium pilot processing plant at the Uis mine in Namibia, technology metals mining company AfriTin has said. This follows metallurgical test work results of the London Aim-listed mining and exploration company showing the successfulContinue Reading
EXPLORER and developer African Pioneer has started a 25 to 30 hole shallow diamond drilling programme on the Ongombo project in Namibia, with six holes thus far intersecting “encouraging” sulphide mineralisation with chalcopyrite at shallow depths. With projects also in Botswana and Zambia, African Pioneer notes that the drill programmeContinue Reading
ALLEGATIONS of uncompetitive practice in the property valuation industry by commercial banks has arisen, with Namibia’s competition watchdog, the Namibian Competition Commission (NaCC) acknowledging that such concerns have been brought to their attention. A complaint recently written to the Commission by property valuer, Mekondjo Alfeus highlights that commercial banks couldContinue Reading
THIS month saw the start of a N$110 million spatial biodiversity assessment, prioritisation and planning (SBAPP) project, which is expected to improve environmental planning and monitor the status of indigenous species and ecosystems in four Southern African Development Community (SADC) countries, namely Namibia, South Africa, Mozambique and Malawi. The SouthContinue Reading
Namibia and five other African countries this week formally launched the Africa Green Hydrogen Alliance, with the aim to make the continent a frontrunner in the race to develop green hydrogen, to accelerate the transition away from a reliance on fossil fuels and to shift to new energy technologies thatContinue Reading
PRESIDENT HAGE GEINGOB will this week lead a strong but lean delegation consisting of Ministers, senior government officials and private sector representatives to the World Economic Forum (WEF) Annual Meeting scheduled to take place from 22 – 26 May 2022 in DavosKlosters, Switzerland, under the theme “History at a TurningContinue Reading
AGRIBANK has revealed that Namibians under 35 years of age willing to purchase farmland through Agribank, now have up to 30 years to repay their farmland loans. This move is essentially a five-year extension from the usual 25-year period that is now only applicable to clients above 35 years ofContinue Reading
ASX-, NSX- and OTCQB-listed Bannerman Energy has struck a deal to acquire 41.8% shareholding in TSX-V-listed critical minerals explorer Namibia Critical Metals Inc (NMI). NMI’s flagship asset is the 95%-owned, advanced and fully permitted Lofdal heavy rare earths project in Namibia, which is the subject of an earn-in agreement withContinue Reading
