Namibia supports a strengthened multilateral approach to addressing the unprecedented threats facing the ocean such as overfishing, illegal, unreported and unregulated fishing activities, Prime Minister, Dr. Saara Kuugongelwa-Amadhila has said. Speaking at the occasion of the second United Nations ocean conference last week, Kuugongelwa-Amadhila said that equally, it is onlyContinue Reading
The Capricorn Foundation has announced the launch of the Capricorn Foundation Food Waste Challenge, calling for solutions to reduce food waste in Namibia. The Food Waste Challenge is based on an open innovation platform, allowing anyone to participate in this Challenge, offering N$100 000 for the winning solution. “As aContinue Reading
Namibia has the ingredients to become a renewable energy powerhouse, according to Marco Raffinetti, chief executive of Hyphen Hydrogen Energy, the company selected in November 2021 as the preferred bidder for Namibia’s first hydrogen project. “It has excellent co-located wind and solar resources, large swathes of uninhabited, government-owned land –Continue Reading
…commits to improve prices paid to NCA farmers Meatco is currently engaged in advanced discussions with various markets which would see Namibian beef from the Northern Communal Areas (NCA) being exported to these viable markets possibly by the end of this year, Meatco CEO Mwilima Mushokabanji has said. Through theContinue Reading
MEATCO’s emerging rival, the Beef Value Chain Forum (BVCF) has raised up to N$94 million in a private placement as it looks to put up an abattoir which will provide an alternative for meat producers in the country, Business Express can exclusively reveal. Earlier in the year, the Forum putContinue Reading
Simonis Storm Securities has said that it expects to see inflation consistently coming in higher than 5% in coming months and therefore maintain their forecast of 7.1% for 2022. This is contrary to a forecast of 6% by both the Bank of Namibia and IMF. “Globally, services inflation is onContinue Reading
Market sources in Pretoria, Windhoek and Harare have reportedly revealed that Zimbabwean financial institutions, Stratus Capital Partners and Bard Santner Markets are in the process of brokering a massive N$1.8 billion deal involving the acquisition of an iconic property, The Grove Mall of Namibia, in Windhoek. The deal will seeContinue Reading
CRYPTOCURRENCY boss Coenie Botha and his cryptocurrency trading company, CBI Exchange Namibia (Pty) Ltd have lodged an urgent application with the high court in which they seek to compel the Bank of Namibia (BoN) to comply with a court order made on March 18. The order was subsequent to CBIContinue Reading
Scot Evans, CEO of Canadian oil and gas exploration company, ReconAfrica, will attend African Energy Week, Africa’s premier event for the oil and gas sector which takes place from 18 – 21 October 2022 in Cape Town, to share energy market insights as well an update on on-going exploration initiativesContinue Reading
Through its Domestic Investment Portfolio, Old Mutual’s Alternative Investment function has committed itself to address the critical development challenges faced throughout the country. Domestic investments can ensure that Namibian savings are effectively utilised to stimulate development by making a meaningful contribution to the economy, and the developmental needs of communitiesContinue Reading
