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

President Hage Geingob has condemned overfishing, particularly Illegal, Unreported and Unregulated fishing, commonly known as IUU as major causes of loss of biodiversity. Speaking on the occasion of the world oceans day celebration, Geingob highlighted that Namibia must endeavour to close down on all possible avenues for illegal fishing inContinue Reading

The Namibian market share in live cattle exports to South Africa is in free fall as Botswana cattle continue to provide price competition to Namibia, the Meat Board of Namibia has said. Due to relatively cheaper weaner imports from Botswana, South African feedlots have shifted some of their business toContinue Reading

The preferred bidder for a gigawatt-scale green hydrogen-to-ammonia project near the coastal town of Lüderitz, in Namibia, is aiming to conclude an implementation agreement with government by August, opening the way for a full-scale feasibility study to enable the implementation of the US$10-billion project. Following a competitive bidding process, theContinue Reading

AN engineering, procurement and construction management (EPCM) contractor has been appointed to design and construct a lithium pilot processing plant at the Uis mine in Namibia, technology metals mining company AfriTin has said. This follows metallurgical test work results of the London Aim-listed mining and exploration company showing the successfulContinue Reading

ALLEGATIONS of uncompetitive practice in the property valuation industry by commercial banks has arisen, with Namibia’s competition watchdog, the Namibian Competition Commission (NaCC) acknowledging that such concerns have been brought to their attention. A complaint recently written to the Commission by property valuer, Mekondjo Alfeus highlights that commercial banks couldContinue Reading