…payday borrowers owe N$58 million The micro lending industry’s value of the loan book (outstanding value) increased by 1.0 percent on a quarterly basis and by 8.1 percent on an annual basis to N$7.4 billion, an industry quarterly report released by Namfisa reveals. The loan book continued to be dominatedContinue Reading
Bannerman Energy Limited has lodged its mining licence (ML) application for the proposed Etango-8 uranium mine with the Namibian Ministry of Mines and Energy (MME). The Company now commences the engagement process with the MME for the grant of the ML. This includes submission of the Etango-8 Definitive Feasibility StudyContinue Reading
The Keetmanshoop Municipality in conjunction with Leo Canopus has launched the town’s Free Community WIFI Project which is set to improve commercial activity and economic growth of the town. Speaking at the launch, the Mayor of Keetmanshoop, Mcdonald Hanse on Friday said that the launch was a culmination of aContinue Reading
Ondangwa Fish and Chips CC trading as Eagles Pizza and Flamingo Grill has lodged a case with the High Court in which they are demanding N$1.8 million from Wernhill Park mall for shutting their store down in 2021 in what they describe as ‘breach of lease agreement.” In court papersContinue Reading
A leading healthcare non-profit organization that was started in response to the public healthcare emergency of HIV and AIDS in South Africa in 2001, Right to Care (RTC) has opened its doors in Namibia with the intention to increase access to medicine for Namibians. For nearly 20 years, RTC hasContinue Reading
The Minister of Industrialisation and Trade, Lucia Iipumbu is in Accra, Ghana to attend the Meeting of African Continental Free Trade Area (AfCFTA) Council of Ministers responsible for Trade from 25-26 July 2022. The Ministers are expected to consider the Report of the 11th Meeting of the Senior Trade OfficialsContinue Reading
CRAN has announced that it conducted a seize and confiscation operation, with assistance from Namibian Police Force (NamPol) for non-type approved telecommunications equipment at business retailers mainly in Windhoek. This was informed investigations on various telecommunications matters that were conducted to ensure compliance and to determine any network interferences. “TheContinue Reading
Fisheries and marine resources minister, Derek Klazen has said that the estimated 6 125 tons of freshwater fish produced by Namibia’s fishery currently has a whopping value of N$230 million per annum and contributes massively to the livelihood of around 250 000 people. Klazen further noted that that industry produces 45Continue Reading
Namibian Standards Institution (NSI) has unveiled an N$36 million state-of-the-art Inspection Centre which provides for adequate space to conduct frozen and chilled fish inspections, as it is equipped with both sensory laboratory, and cans inspection laboratory. Unveiling the factory, Minister if Industrialisation and Trade, Lucia Iipumbu highlighted that adequate spaceContinue Reading
The Langer Heinrich uranium mine, in Namibia, is poised to return to production after ASX-listed Paladin took the decision to restart operations. First production volumes are targeted for the March quarter of 2024, Paladin said on Tuesday. “With the strength of the company’s uranium offtakes and the continuing strong uraniumContinue Reading
