Mining industry organisation Namibia Chamber of Mines (NCM) has noted that Namibia is facing challenges with the water supply, especially at the coast, and current supply is not sufficient to meet the future demand of potential new uranium mines. “Many of these projects are at advanced feasibility stage and requireContinue Reading
During 2022 a total of 10,923 units were sold, 15.9% higher than the 9,427 units that were sold in 2021 and exceeding the 10,415 units sold in 2019, a vehicle sales report released by Simonis Storm last week reveals. Annual sales were split 51% for passenger vehicles and 49% commercialContinue Reading
For the first time, the Bank of Namibia (BoN) has set limits on the number of years a director in the banking sector may serve on the Board limiting this to a maximum of ten years on a board of a banking institution, with exceptions considered on a case-by-case basis.Continue Reading
…as total refunds under consideration shoot up to N$136 million As at 10 January 2023, a total of 921 taxpayers have been implicated in the referred scam, which has increased from 409 as reported in July 2022, Namibia Revenue Agency (Namra) has said. In a statement, the authority noted thatContinue Reading
The Namibian Correctional Service (NCS), United Nations World Food Programme (WFP), Impact for Africa S.p.A. (IFA) and Lithon Project Consultants Pty (Ltd) (Lithon) have launched an integrated food production project in Mariental. This groundbreaking project will support government’s efforts to increase domestic food production, develop agricultural value chains and improveContinue Reading
Namibia, India and countries of the Global South joined hands last week on the theme of ‘Energy Security and development: Road map to Prosperity’ in the Energy Ministers’ session of the ‘Voice of the Global South Summit’ hosted by India virtually. Tom Alweendo, Minister of Mines and Energy of Namibia,Continue Reading
The Low Volume Sealed Road Strategy (LVSRS) – government’s latest cost saving strategy to upgrade highly trafficked Namibian gravel roads, is on course to rehabilitate at least 220km of the national road network at estimated cost savings of up to 25%, Business Express understands. Being implemented by the Roads AuthorityContinue Reading
The prolonged nightmare being experienced by the construction sector has continued with the latest Gross Domestic Product statistics for the third quarter of 2022 showing that the sector has suffered a decline, now for the fifth consecutive quarter. A contraction of 10.0 percent in real value added recorded during theContinue Reading
The Namibia International Energy Conference (NIEC) returns on 25 – 27 April 2023 under the theme, ‘Shaping the future of energy towards value creation.’ Under the Patronage of the Ministry of Mines and Energy and it’s Minister, Tom Alweendo. This fifth installment of the energy industry thought leadership gathering takesContinue Reading
By Geneva Hanstein The Communications Regulatory Authority of Namibia (CRAN) launched the National SIM Registration Awareness Campaign on 07 June 2022. The objective of the campaign is to create awareness and to educate consumers on the importance of SIM Registration. During the campaign, consumers raised concerns on the protection ofContinue Reading
