THE Namibian Competition Commission (NaCC) on 30th March 2022 resolved to initiate an investigation against various private pathology laboratories and other providers of covid-19 testing services in terms of Section 33 of the Competition Act, 2003 (No. 2 of 2003) (“the Act”). The investigation pertains to the alleged excessive pricingContinue Reading
The Executive Secretary of the Southern African Development Community (SADC), Elias M. Magosi, on 07th April 2022, paid a courtesy call on Hage Geingob, President of the Republic of Namibia, and Incoming Chairperson of the SADC Organ on Politics, Defence and Security Cooperation, at State House in Windhoek, Namibia. TheContinue Reading
AIM-listed AfriTin Mining has released its five-year growth strategy, which includes enlarging its footprint in Namibia through existing operations and new mining locations. The company also plans on developing multiple technology metals concentrates, with plans to produce lithium, tantalum and tungsten alongside tin. AfriTin will ramp up its tin concentrateContinue Reading
Triple-listed Bannerman Energy will raise A$40.7-million in a single tranche share placement to fund the completion of the Etango-8 definitive feasibility study (DFS) as well as front-end engineering design (FEED) of the Namibian project. Bannerman said last month that it would place 185-million shares, at a price of 22c each,Continue Reading
“The TKC is not only important to Botswana but to the region as it promotes intra – regional and international trade as well as allowing the movement of people for business and tourism,” said Dr. Batlang Comma Serema, High Commissioner of the Republic of Botswana to Namibia. The High CommissionerContinue Reading
NAMPORT’S revenue has declined 2% to N$1.113 billion (2019/20: N$1.138) against a target of N$1.032 billion, with an operating profit of N$96 million (2019/20: N$132 million),” the Authority’s latest annual report reflects Subsequently, the Group’s revenue, which includes Namport and its subsidiaries, was down 12% to N$1.485 billion (2019/20: N$1.688Continue Reading
NAMIBIA Breweries Limited’s (NBL) – a subsidiary of the Ohlthaver & List (O&L) Group – overall volumes increased by 9.2%, predominantly due to production volumes sent to South Africa, however, the Namibian beer volumes declined by 7.3% due to COVID-19 waves, which created a restricted trading environment during the periodContinue Reading
LAST week, Nedbank Namibia held its Employee Top Achievers Awards 2021 ceremony at its new campus in Windhoek’s Central Business District (CBD). At the annual award event, the bank recognised the high achievers, the go-getters, the self-starters, and the doers who excelled in their respective fields. During the evening, 16Continue Reading
The Namibia Industrial Development Agency (NIDA) received dividends of up to N$4 million from Pupkewitz Toyota, Phillip Namunjebo recently revealed. Namundjebo who was speaking at Pupkewitz Toyota’s official opening of their new N$11.7 million state of the art branch in Rundu located at Marcus Shiwarongo Street. “We are very proudContinue Reading
Renew and pay fees or face termination- MIT The Ministry of Industrialisation and Trade (MIT) has warned liquor license owners that all relevant liquor licences must be renewed and license fees paid on or before 31 March 2022 as per Section 21 and 22 of the liquor license Act, `1998.Continue Reading
