Uranium was Namibia’s largest export commodity during May 2023, accounting for 21.5 percent of total exports and was destined to China and Canada, the Namibia Statistics Agency (NSA) has said. In a trade bulletin released last week, the agency also noted that precious stones (diamonds) were mostly destined to BotswanaContinue Reading
…attributed to revaluations, diamond sales and KfW loan The stock of international reserves held by the Bank of Namibia increased both on an annual and quarterly basis over the period to the end of the first quarter of 2023, the bank has said adding that year-on-year and quarter-on quarter, theContinue Reading
The African Achievers Awards (AAA) has awarded the Institute of Chartered Accountants of Namibia (ICAN) CEO, Fenni Nghikevali an honoree award for her leadership and unwavering commitment to excellence in the Namibian accounting sector. Nghikevali is set to receive the award at the 13th edition of the African Achievers AwardsContinue Reading
SNC Incorporated has been nominated for the prestigious African Legal Awards 2023 in the category of “Environment, Energy & Natural Resources Team of the Year. The African Legal Awards, organized by the leading legal publication Law.com International and in partnership with the Corporate Counsel Association of South Africa (CCASA) andContinue Reading
The Namibia Institute of Corporate Governance (NICG) Executive Director, Vincia Cloete and the CEO of the National Commission of Research, Science and Technology (NCRST), Prof Anicia Peters have been nominated for the 13th edition of the African Achievers Awards (AAA) to be held at the Houses of Parliament, The PalaceContinue Reading
ASX-listed Arcadia Minerals has moved to allay shareholder concerns that the Namibian government’s ban on the export of unprocessed ore of certain critical minerals, including lithium, cobalt, manganese, graphite and rare earths, will affect its Swanson tantalum mine. The company on Thursday said that it had “no intention” of exportingContinue Reading
Dual-listed technology metals mining company Andrada Mining has found consistent lithium oxide (Li2O), tantalum and tin mineralisation in the assay results for its inaugural drill programme at the Spodumene Hill project in Namibia. The project encompasses the B1 and C1 pegmatites located within the ML129 mining licence. During the drillingContinue Reading
Bank Windhoek’s Executive Officer of Retail Banking Services and Specialists Finance, James Chapman, said that the Bank values its staff members and has consistently made a concerted effort to invest in a Future-Fit Leadership and Talent pool. Chapman made these remarks on Friday, 30 June 2023, in Windhoek at theContinue Reading
The private healthcare market in Namibia has experienced systemic cost increases of nearly 300% between 2005 and 2021, study on the Namibian Private Healthcare Sector has revealed. Initiated by the Namibian Competition Commission (NaCC), the study was made possible through the funding of the United Nations Development Programme, and throughContinue Reading
By Tyrone van Wyk Like many other countries, Namibia is faced with a challenging economic environment created by global macro changes. The immediate financial outlook for Namibia is examined in this article. Additionally, the potential that green hydrogen as an emerging business provides, as well as the current changes inContinue Reading
