Deputy Prime Minister and Minister of International Relations and Cooperation, Netumbo Nandi-Ndaitwah has pleaded with the European Union (EU) to continue funding various socio-economic and development projects which have greatly benefitted Namibia’s developmental aaspirations. Nandi-Ndaitwah was speaking at the 2022 Session of the EU-Namibia Political Dialogue last week. “The EUContinue Reading
Namibia’s trade of frozen fish, excluding fish fillets and other fish culminated in Horse Mackerel emerging as the main exported product with earnings of N$1 billion, followed by Hake (N$96.9 million) and Tuna (N$59.2 million). This was last week revealed in an agricultural report released by the Namibia Statistics AgencyContinue Reading
Development Bank of Namibia (DBN) and the Namibia Investment Promotion Board (NIPDB) have formalized their cooperation with a memorandum of understanding (MoU) signed on 28 September 2022. The two development agencies have previously cooperated in the past, notably when DBN accompanied the NIPDB Know2Grow outreach programme, during which DBN introducedContinue Reading
Surfshark’s Digital Quality of Life Index 2022 has ranked Namibia 103rd in the world on overall digital wellbeing. The country has dropped by three positions since last year’s edition, falling from 100th to 103rd. The study covers 92% of the global population and indexes 117 countries by looking at fiveContinue Reading
Namibia’s frontier hydrocarbon potential has been clearly defined with two major discoveries made by Shell and TotalEnergies this year and a series of new campaigns that have been launched as a consequence. With these discoveries and many more expected to follow, energy research and business intelligence company, Rystad Energy, statesContinue Reading
Having been ravaged by the fishrot scandal, Namibia’s fishing industry continues to perform positively with fish exports between January and July this year having totalled N$6.2 billion, Business Express understands. This is a mild rise in exports when compared to 2021 in which N$6.1 billion worth of fish was exportedContinue Reading
President Hage Geingob has reiterated that Namibia’s classification as an upper middle-income country presents challenges with regards to mobilizing resources to finance development goals further highlighting that the formulae used for this determination is flawed. Geingob was speaking at the 77th session of the UN General Assembly (UNGA) last week.Continue Reading
Canada-based Osino Resources has completed the acquisition of two remaining minority interests in the mineral properties comprising the Twin Hills gold project, in Namibia. Osino completed the acquisition of the remaining 10% of the shares in the capital of Osino Namibia Minerals Exploration (ONME) for C$870 000, settled through theContinue Reading
Namibia Breweries Limited’s (NBL) – a subsidiary of the Ohlthaver & List (O&L) Group – overall sales volumes increased by 12% from the prior financial year attributable to a large extent to an increase in volume growth and demand from South Africa, specifically for the Windhoek brand. This was revealedContinue Reading
It’s vital for multinational oil companies operating in African nations like Namibia to work with specialised local firms who deeply understand the energy sector if they want to properly navigate legal, business and regulatory issues, says Shakwa Nyambe, managing director of leading energy law firm SNC Incorporated. Relying heavily onContinue Reading
