Fisheries and marine resources minister, Derek Klazen has said that the estimated 6 125 tons of freshwater fish produced by Namibia’s fishery currently has a whopping value of N$230 million per annum and contributes massively to the livelihood of around 250 000 people. Klazen further noted that that industry produces 45Continue Reading
FNB Namibia has launched the first fully digital account offering in Namibia – FNB DigiPlus. DigiPlus is as easy as *140*321#, using USSD / cellphone banking. It is a digital account with no monthly account fees, that can be opened and managed remotely using a cellphone – and is availableContinue Reading
International energy companies operating in Africa need to understand and adjust to many local legal requirements, and must look carefully at the way applicable laws have been interpreted by local courts and regulators, says Shakwa Nyambe, managing director of Namibian firm SNC Incorporated. Namibia is aiming for its first oilContinue Reading
Ready to eat processed foods manufacturer, African Deli has added a new products to its portfolio, launching its new baked beans in tomato sauce. Speaking at the launch on Friday, Minister of Industrialisation and Trade, Lucia Iipumbu said that this is a step in the right direction as country inContinue Reading
…as two week long business development mission ends Walvisbay Corridor Group (WBCG)’s two week business development mission to Brazil as part of ongoing efforts to promote Namibia as the preferred and shortest trade route into southern Africa has been concluded yielding optimism that Namibia will become a preferred trade routeContinue Reading
Namibian Standards Institution (NSI) has unveiled an N$36 million state-of-the-art Inspection Centre which provides for adequate space to conduct frozen and chilled fish inspections, as it is equipped with both sensory laboratory, and cans inspection laboratory. Unveiling the factory, Minister if Industrialisation and Trade, Lucia Iipumbu highlighted that adequate spaceContinue Reading
Aim-listed Kazera Global says it is ready to export its first commercial delivery of tantalum to its Chinese partner from its wholly owned mine at Tantalite Valley, Namibia. Kazera says considerable work has been undertaken in recent months to improve tantalum grades to commercially acceptable levels. This has now beenContinue Reading
The Langer Heinrich uranium mine, in Namibia, is poised to return to production after ASX-listed Paladin took the decision to restart operations. First production volumes are targeted for the March quarter of 2024, Paladin said on Tuesday. “With the strength of the company’s uranium offtakes and the continuing strong uraniumContinue Reading
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
