National Housing Enterprise (NHE) recently finalised mapping its strategic road map for the next five years and as a start in the 2023 – 2024 Financial Year, the enterprise has committed to raise enough capital to build over 1400 housing units around the country with a projected investment of overContinue Reading
The majority of guests at hospitality establishments nationwide predominantly hail from Europe, with Germany, Switzerland, and Austria collectively constituting the largest share of international tourist arrivals at 42.3%. This is revealed in a tourism and hospitality report released by Simonis Storm which also notes that these countries contribute significantly toContinue Reading
…partnerships with Namibia among others could benefit from purse The President of the European Commission (EC) Ursula von der Leyen has announced new investments into the hydrogen industry, including €2.2 billion (about N$45 billion) worth of funding reserved for the spring of 2024. During a speech at the European HydrogenContinue Reading
Osino Resources Corp. has provided an update on the infill drill program at the Twin Hills Gold Project. The objective of the program is to convert the first 2 years of mining from Indicated to Measured mineral resource category and to confirm and upgrade the Twin Hills Mineral Resource Estimate.Continue Reading
Fisheries and marine resources minister, Derek Klazen has said that his ministry has received alarming reports of an increase in incidences linked or with potential links to Illegal, Unreported and Unregulated (IUU) at the northern coastal border. In a fishing industry address last week, Klazen said that to curb this,Continue Reading
Erastus Uutoni the Minister of Urban and Rural Development has called on various stakeholders involved in the delivery of affordable housing to Namibians, to unite in purpose in order to enhance chances of succeeding in this endeavour. He noted that chances for greater success in this quest require unity ofContinue Reading
Completed projects for the month of October for both Windhoek and Swakopmund reached 180, making it the year’s second-highest monthly total and signifying an 89.5% y/y increase from the same month last year, a latest building statistics report released by Simonis Storm reveals. Subsequently, in October 2023, Windhoek and SwakopmundContinue Reading
Namibia Critical Metals Inc. (NCM) last week announced it intends to complete a non-brokered private placement in the amount of up to CDN500,000 (about N$6.8 billion) consisting of units offered at a price of CDN0.06 per unit representing a 7.7% discount to the closing price of the common shares ofContinue Reading
Namibia is a land of surreal beauty. It’s a destination that beckons intrepid travelers from around the world. With diverse landscapes, from the red dunes of the Namib Desert to the rugged Skeleton Coast, this southwestern African country is a haven for nature enthusiasts and adventure seekers. Among the manyContinue Reading
The High Court has granted judgement in the case between Oryx Properties Limited, the owner of Baines Shopping Centre and Fama Sisters Investments CC trading as Eagles Pizza. In this judgement, immediate eviction of Eagles Pizza from Baines Shopping Centre was ordered, as well as the payment to Oryx PropertiesContinue Reading
