The prolonged nightmare being experienced by the construction sector has continued with the latest Gross Domestic Product statistics for the third quarter of 2022 showing that the sector has suffered a decline, now for the fifth consecutive quarter. A contraction of 10.0 percent in real value added recorded during theContinue Reading
The Namibia International Energy Conference (NIEC) returns on 25 – 27 April 2023 under the theme, ‘Shaping the future of energy towards value creation.’ Under the Patronage of the Ministry of Mines and Energy and it’s Minister, Tom Alweendo. This fifth installment of the energy industry thought leadership gathering takesContinue Reading
Vehicle sales broke a two consecutive month decline in November 2022, rising by 38.4% y/y in November 2022, a report released by Simonis Storm reveals. On a monthly basis, vehicle sales increased by 4.9% m/m in November 2022, compared to -2.2% m/m in October 2022. “A total of 1,045 unitsContinue Reading
By Geneva Hanstein The Communications Regulatory Authority of Namibia (CRAN) launched the National SIM Registration Awareness Campaign on 07 June 2022. The objective of the campaign is to create awareness and to educate consumers on the importance of SIM Registration. During the campaign, consumers raised concerns on the protection ofContinue Reading
Telecom Namibia has commissioned the new Fiber-to-Office at OMDis’ offices, in Oranjemund. OMDis experienced download speeds of 115.85 Mbps (which is 97% of the promise of 120 Mbps) and upload speeds of 37.95 Mbps (which is 95% of the promise of 40 Mbps). These quality-of-service ratios allows for an exceptionalContinue Reading
By John Steytler Recently my son Roelf, commented on the fact that the global population passed the 8 billion mark on November 15, 2022. Only 14 years ago, when he was born, there were only 6.8 billion people, that’s a huge increase. As an economist and as the former Statistician-General,Continue Reading
The Namibian Ports Authority continues to achieve operational milestones as it is set to handle the exportation of 110,900 tonnes of salt consignment over the next eight days at its Walvis Bay Port. The Bold Mariner, which loaded 45,000 tonnes of bulk salt was the first of four vessels thatContinue Reading
The National Petroleum Corporation of Namibia – NAMCOR has unveiled its 13th service station the NAMCOR Opuwo Retail Site, the first site under its retail portfolio in the Kunene Region. The site will serve the community of Opuwo and the Kunene Region at large as well as neighbouring regions withContinue Reading
A definitive feasibility study (DFS) into the Etango 8 uranium project, in Namibia, has confirmed the project’s economic viability with at least $320-million (about N$5.4 billion) in pre-production funding needed to achieve the outcomes considered in the DFS, ASX-listed Bannerman Energy said. While the company was confident that it wouldContinue Reading
The Communications Regulatory Authority of Namibia (CRAN)is preparing to issue spectrum for 5G in March 2023, which will be accompanied by a consumer awareness campaign to address myths and misconceptions and misinformation around 5G, Emilia Nghikembua, Chief Executive Officer of CRAN has said. Nghikembua said this last week on theContinue Reading
