Author: Nghiinomenwa-vali Erastus
Rani Group to Lease Ramatex for 25 Years
By: Nghiinomenwa-vali Erastus The Municipal Council of Windhoek has granted in-principle approval for Grow More Investments CC to lease 2 portions (7 and 8) of Farm 466 (Ramatex Textile Namibia) for the next 25 years. Grow More Investments CC is…
GIPF Commits More Capital to Climate Adaptation and Mitigation Assets
By: Nghiinomenwa-vali Hangala The country’s biggest pension fund and largest single investor has committed to continue allocating more of its pension savings into climate adaptation and climate mitigation-related assets. This was stated in a speech delievered on behalf of the…
Wealth Creation Can’t Come From Resource Extraction Solely – NCCI
By: Nghiinomenwa-vali Hangala The Namibia Chamber of Commerce and Industry (NCCI) has indicated that wealth creation and sustainable economic growth cannot come from resource extraction but rather from industrialisation and innovation. The Chamber’s CEO, Titus Nampala, stated…
Private Sector Must Join in Housing Provision – Urban Ministry
By: Nghiinomenwa-vali Hangala The Ministry of Urban and Rural Development has called upon the private sector, local businesses, and development partners to join forces in unlocking land, mobilising resources, and building more homes. The Deputy Minister of Urban and Rural…
Meatco to Slaughter 75,000 Cattle for FY25/26
By: Nghiinomenwa-vali Hangala One of the country’s main beef processors, Meatco, has indicated that it has budgeted to slaughter 75,000 cattle for the Financial Year (FY) ending January 2026. So far, the company has slaughtered more than 25,000 animals from…
Etango Secures One Million lbs Uranium offtake Agreements
By: Nghiinomenwa-vali Hangala The Etango Uranium Project, currently under development in the Erongo Region, has signed two offtake agreements to supply two North American electricity producers with uranium once operational. The mine developer and main shareholder, Bannerman Energy, announced in…
Haib Copper Project Will Need 150MW and 20 Million m3 of Water Per Year
By: Nghiinomenwa-vali Erastus According to the released Preliminary Economic Assessment (PEA) of the Haib Copper Project in southern Namibia, the project will require 20 million cubic metres of water, and this can potentially be piped from Namibia’s Neckartal storage…
Capital Continues to Flood Govt Debt Instruments
By: Nghiinomenwa-vali Hangala The tender result of the three Treasury Bills (T-Bills) auction that was carried out yesterday shows that investors have submitted bids worth N$3.3 billion in the quest to lend to the government through its short-term instruments….
Gap Analysis on Digital Public Infrastructure Commences
By: Nghiinomenwa-vali Hangala The Bank of Namibia, together with key national institutions, has started a comprehensive gap analysis of Namibia’s digital public infrastructure. This was revealed by Ericah Shafudah, the Minister of Finance, in her address delivered at the…
Govt Debt up by N$66 Billion in 5 Years
By: Nghiinomenwa-vali Hangala As of Friday last week, local investors have lent N$139.7 billion to the Namibian government to fill its budget shortfall for the past five financial years through bonds and treasury bills. This is an increase from N$73.8 …