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
The Ministry of Mines and Energy has announced that Namibia will be showcasing the country’s investment opportunities in the mining sector at the 2023 Invest in African Mining Indaba, which will be taking place in Cape Town, South Africa from 6th to 9th February 2023. In its 28th year, thisContinue Reading
The Communications Regulatory Authority of Namibia (CRAN) and the Namibia Revenue Agency (NamRA) have signed a Memorandum of Understanding (MoU) which follows the signing and successful implementation of an agreement between CRAN and the Ministry of Finance: Directorate of Customs and Excise in 2016, to harmonise the implementation of lawsContinue Reading
For the month of December 2022, Namibia imported sanitary pads worth N$4.5 million mostly sourced from South Africa and Spain whereas on the export side, Namibia exported Sanitary pads worth N$0.1 million,” a trade bulletin released by the Namibia Statistics Agency (NSA) has revealed. Over the entire period (December 2021Continue Reading
The yearly rainy season in Namibia tends to occur in the months of November to April. This year Namibia received higher volumes of rainfall, although some parts are yet to receive some showers. However, after the rainy season, grasslands tend to dry which increases the risk of possible natural disastersContinue Reading
Representing one of Africa’s final exploration frontiers, Namibia offered a comprehensive overview of its upstream exploration and green hydrogen production opportunities at the Invest in African Energy reception last week, hosted by the African Energy Chamber in London. The emerging producer is uniquely implementing an integrated hydrocarbon strategy that seeksContinue Reading
Vedanta Zinc International (VZI) has noted that its N$6.5 billion Namzinc Refinery Conversion Project which would create in excess of 2000 jobs highly depends on Nampower being able to lower its tariffs to make the project practically feasible. The successful execution of this project will result in Namibia being theContinue Reading
The agricultural sector contracted by 1.5 percent during the first three quarters of 2022, compared to the same period in 2021, with the 14.2 percent contraction in 3Q2022 is the largest decline since 2Q2019, research firm, Simonis Storm has said. The biggest contributors the 3Q2022’s decline include livestock farming (downContinue Reading
Since October 2022, scientists, and consultants from the Frankfurt-based institutions DECHEMA Gesellschaft für Chemische Technik und Biotechnologie e.V. and ISOE – Institute for Social-Ecological Research have been analysing the means by which a hydrogen economy can be successfully established in Namibia and the possibilities for exporting it to Germany. WithinContinue Reading
