Only 15 countries account for 89% of Namibia’s total export bill since 2018, with China being the only country outside of SADC that has a double-digit stake in the export bill (17%), research firm Simonis Storm has said. In a trade statistic report released last week, the firm highlighted thatContinue Reading
The Namibian Business Hall of Fame in which Namibian entrepreneurs are honoured by induction has opened its nominations for the 2023 edition which is scheduled to take place on 18 November 2023. The induction ceremony is a highly anticipated event aimed at recognizing true and proudly Namibian business excellence. “ByContinue Reading
Capital expenditures for the second quarter of 2023 at B2Gold’s Otjikoto Mine in Namibia totalled US$16 million (about N$299 million), consisting of US$13 million (about N$243 million) for pre-stripping in the Otjikoto pit and US$2 million (about N$38 million) for Wolfshag underground mine development. B2Gold is executing another year ofContinue Reading
..new route expected to break barriers in trade, boost tourism and attract investments FlyNamibia, in a momentous occasion, marked the official inauguration of its scheduled flight to Lüderitz on 2 August 2023, establishing a vital air link between Windhoek and Lüderitz. The inaugural event witnessed the esteemed presence of distinguishedContinue Reading
…as green shoots begin to emerge in company’s resurgence Meat Corporation of Namibia (Meatco) performed favourably in May and June by generating around N$297 million in revenue for the two months, the company has revealed. In a statement, the company attributed the resurgence to the increased cattle numbers coming throughContinue Reading
…as over 400 applications were received The Old Mutual Foundation, in partnership with the United Nations Development Programme (UNDP) Accelerator Lab, has shortlisted top 30 candidates for the second run of the highly anticipated Old Mutual Sustainable Economic and Empowerment Drive (OM SEED 2.0). These candidates represent the best entrepreneurialContinue Reading
The Namibia Oil and Gas Conference 2023 has been officially launched. Featuring as EAN’s annual conference, the Namibia Oil and Gas Conference is organised by the Economic Association of Namibia (EAN), Namibia Investment Promotion and Development Board and the Hanns Seidel Foundation in Namibia. The event is supported by theContinue Reading
Russian state-owned atomic energy corporation Rosatom which recently announced plans to start mining uranium in Namibia by 2029 will seek to invest approximately N$9 billion to kickstart operations. The corporation – through its global mining company Uranium One – plans to complete the prospecting and exploration phase of the projectContinue Reading
By Johann van Rooyen, Senior Technical Advisor at Green Enterprise Solutions (Pty) Ltd Every day we go online, our devices are Internet-enabled, and we rarely think about the security risks we take and how exposed we are. However, in 2023 the cost of cybercrime is predicted to hit $8 trillionContinue Reading
Through its cost containment strategy and financial discipline, the Namibia Airports Company (NAC) has reached breakeven point and preliminary 2022/2023 financials depict a profit position, NAC Board chairperson, Leake Hangala has revealed. Coupled by this, the recovery in airport volumes at Hosea Kutako International Airport continue increasing resultant of improvedContinue Reading
