By Charmaine Gouws and Wian Van Vuuren Growing up, all I ever wanted to do was earn my own money, spend it on whatever I wanted to and have the freedom to spend it as I deemed fit. It was not long before I found myself in a heap ofContinue Reading
Development Bank of Namibia has approved finance of N$76,855 million for bulk infrastructure for phase one of the Auasblick extension, consisting of 281 erven. Speaking at the launch of Auasblick Extension 1, a public private partnership (PPP) between Sinco Investments and the City of Windhoek, Development Bank of Namibia CEOContinue Reading
The Bank of Namibia will remain committed to its digital transformation journey to position itself as a future-fit organization responsive to the needs of not only Namibia but to meet the same global demands, Deputy Governor of the Bank, Ebson Uanguta has said. Uanguta further noted that the Bank hasContinue Reading
…. Uaandja makes case for Namibia High-level European and African energy stakeholders united to discuss the potential of Africa’s hydrocarbon and renewable resources to help attain global energy security. As the European Union (EU) restructures its plans for energy security in light of shifting geopolitical realities, the Africa-Europe Roundtable –Continue Reading
Having battled significant challenges that befall the shipping and logistics industry following the outbreak of the Covid-19 pandemic particularly the shortage of vessels, Namport has emerged resilient further cementing its growth potential going forward. Backed by audited financial statements for the year ended the 31st of March 2022 which showcaseContinue Reading
The process of repurposing the Green Schemes by offering their operation and productive utilisation to the private sector operators through a competitive process is expected to promote the production of gains and cereals, potatoes as basic staple food to reach food self-sufficiency, while allowing investors to diversify production into high-valueContinue Reading
Mines and Energy Minister, Tom Alweendo and his Zambian counterpart, Peter Kapala have signed a memorandum of understanding (MoU) to facilitate a private sector led infrastructure development project aimed at building an oil and gas pipeline from the port of Walvis Bay to Zambia. At the signing, Alweendo said ifContinue Reading
The Lofdal heavy rare earth project has the potential to be a “significantly” bigger operation than the previous studies, with Namibia Critical Metals on Monday unveiling the results of a new preliminary economic assessment (PEA). The new PEA works on a larger yearly run-of mine (RoM) and plant throughput ofContinue Reading
In terms of Government Policy, the Namibia Fish Consumption Promotion Trust (NFCPT) and Ministry of Fisheries and Marine Resources want to achieve at least 20.4kg fish consumption per person per year within this financial year, fisheries and marine resources minister, Derek Klazen has said. This translates to about 47,000mt consumedContinue 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
