Haib Minerals, the fully-owned Namibian subsidiary of copper explorer and developer Deep-South Resources, held a “very constructive” meeting with Namibia Mines Minister Tom Alweendo, Mines Ministry mining commissioner Isabella Kandjii-Chirchir and Mines Ministry deputy executive director Erasmus Shivolo on April 13. Deep-South Resources has been in a legal battle withContinue Reading

The Namibian Ports Authority recorded an impressive eighty-seven percent (87%) increase in passenger vessel calls for 2022/2023 in comparison to the 2021/2022 financial year. The increase in passenger vessels is attributed to the maritime industry’s positive strides towards recovery from the recent pandemic that had negatively impacted holidaymakers’ travelling dueContinue Reading

FNB Namibia today celebrated and reaffirmed its contributions to Namibian Micro, Small and Medium Enterprises (MSME) while also launching an updated SME Value Proposition to further expand SME success. Speaking at the event, FNB Namibia Commercial Banking Executive Officer Sepo Haihambo highlighted SMEs as a catalyst for economic development thatContinue Reading

It is becoming increasingly difficult for Agribank to source affordable capital and on-lend to the agriculture sector at affordable rates, the Bank has said in its latest quarterly economic outlook report. The Bank further noted that this prompts the need for the Bank to continuously engage stakeholders and shareholders forContinue Reading

This week, the Bank of Namibia’s (BoN) Monetary Policy Committee (MPC)  will announce changes to the repo rate with wide expectations that the rate will continue scaling up. Research experts, Simonis Storm have predicted that in the next eight weeks, the central bank will hike the rate twice with 25bpsContinue Reading