Andrada Mining Limited, the African technology metals mining company with a portfolio of mining and exploration assets in Namibia has announced that it has raised £7.7million (about N$180 million) through the issue of 77 unsecured, convertible loan notes of £100,000 each to new and existing investors. The Company has alsoContinue Reading
Research experts, Simonis Storm have revealed that they expect the Central Bank, Bank of Namibia (BoN), to hike repo rate by a further 50bps in its next two meetings as the cost of borrowing for Namibians continues to sour. Providing an analytical view of Namibia’s second quarter economic performance, SimonisContinue Reading
Rural and urban development minister, Erastus Uutoni has pleaded with local authorities to avail affordable land to the National Housing Enterprise (NHE) so that the parastatal can continue to deliver affordable housing across the country. Last week, NHE handed over 33 houses at Tsandi to beneficiaries. The successful completion ofContinue Reading
..as the country emerges as Africa’s newest oil and gas epicenter Considered one of the final frontier hydrocarbons markets in the world, Namibia has rapidly emerged as one of the hottest offshore plays following a series of high-impact discoveries. Three major oil discoveries made in less than one-year, attractive fiscalContinue Reading
The Business and Intellectual Property Authority’s (BIPA) Chief Executive Officer, Vivienne Katjiuongua and the Intellectual Property Services Executive, Ainna Kaundu, have been appointed to two of the top decision-making committees of the World Intellectual Property Organisation (WIPO) during the 64th Assemblies of WIPO Member States that took place between 6Continue Reading
In a world increasingly reliant on technology, Micro, Small and Medium Enterprises (MSMEs) who fail to digitise risk becoming sidelined. Recognising this hurdle, the Namibia Investment Promotion and Development Board (NIPDB), the Namibian College of Open Learning (NAMCOL) and the Konrad-Adenauer-Stiftung (KAS) have formed a strategic partnership to launch theContinue Reading
The Capricorn Foundation has announced Ndasilohenda Katangolo-Nakashwa of Ndinandali farm in Opuwo as the 2023 Capricorn Foundation Food Waste Challenge overall winner and recipient of the N$100,000 cash prize from the Capricorn Foundation, a brand package valued at N$50 000 from Synergi and six months mentorship and coaching provided byContinue Reading
In the realm of the oil and gas industry, Namibia has recently gained significant attention as a result of the offshore oil and gas discoveries by Total Energies and Shell in 2022. It has been reported by various publications that Namibia is on its way to becoming a major oilContinue Reading
By Bernadette Nangutuuala and Albertina Kashuupulwa In celebration of World Public Relations (PR) Day on July 16, professionals and students from all corners of the globe came together to acknowledge the profound impact and potential of public relations in shaping industries, governments, and brands. This year’s theme, “Harnessing the PowerContinue Reading
Namibia’s Ministry of Mines and Energy has renewed TSX-V-listed Deep-South Resources’ Haib copper licence for two years. This follows a lengthy court battle, which in March, ended with the High Court of Namibia ordering the Ministry to restart Deep-South’s licence renewal application procedure. The Ministry had, in June 2021, informedContinue Reading
