The Bank of Namibia (the Bank) has announced the launch of Namibia’s firstever Automated Regulatory Reporting System, available to regulated and supervised entities licensed by the Bank to conduct banking, currency exchange, and payment service provision activities from 01 February 2023. The acquisition of the system comes at a timeContinue Reading
Government has cast its net on the benefits it intends to derive from the hugely anticipated green hydrogen endeavour, with a draft local content policy having been finalised amid stakeholder engagements to frame a Synthetic Fuels Act. This was last week revealed by Carlo McLeod, Deputy Director, Compliance, Regulations andContinue Reading
Deep-South Resources has announced that the High Court of Namibia has rendered its judgment and reviewed and set aside the decision of Mines and Energy Minister, Tom Alweendo not to renew the Haib Copper licence EPL 3140. The effect of the order is that the Minister must resume the licenceContinue Reading
Fisheries and Marine Resources minister, Derek Klazen has dissected the Seal conundrum which to date has had an increasing and devastating effect on the sustainable harvesting of Namibia’s fish stocks. At independence in 1990, Namibia was estimated to have had a Seals population of approximately 350, 000 individuals. At presentContinue Reading
..as MV Costa Deliziosa docks at the Port of Walvis Bay today The Namibian Ports Authority will be welcoming guests from the MV Costa Deliziosa today at the Port of Walvis Bay. The Costa Deliziosa which will be on her maiden call has a carrying capacity of 2,260 passengers .TheContinue Reading
Research firm Simonis Storm has said that the outlook for the local fishing sector has changed from relatively flat to negative in 2023 and this is mainly as a result of on-going illegal fishing by Angolan companies in Namibian waters according to industry contacts. “This has negatively impacted Namibia’s stockContinue Reading
Upskilling and empowerment company Dyna Training Namibia has noted a marked increase in demand for supervisory skills training in the country’s mining industry. Although its core clients focus on the gold and copper sectors, the company has recently started engaging with clients in the uranium and zinc sectors. “Mining housesContinue Reading
USA First Lady Jill Biden will travel to Namibia and Kenya from Wednesday, February 22nd to Sunday, February 26th to strengthen the United States’ partnerships on the African continent, and advance our shared priorities in the region. Dr. Biden’s engagements will focus on the empowerment of women and youth, effortsContinue Reading
Namibia institutional investment community is set to convene in Windhoek on the 15th and 16th of March 2023, for the Second Annual Namibia Institutional Investors Forum. Under the theme, “Rethinking Investment Returns in the New Normal ― Investing for Impact”, the two-day conference will bring together key players in theContinue Reading
During the 2021/2022 financial year, the fishing sector has employed 18 105 people who are either employed on fishing vessels or on land-based factories, of which women make up the largest component with 64% of employment in land-based factories, Derek Klazen, Minister of Fisheries and Marine Resources has said. SpeakingContinue Reading
