Author: Nghiinomenwa-vali Erastus
Court Proceeding on Alleged Exclusive Property Conveyance Case
By: Nghiinomenwa-vali Erastus The Namibia Competition Commission has updated that it has received responses from Bank Windhoek and Dr. Weder, Kauta & Hoveka Inc. regarding allegations of exclusive dealings pertaining to property conveyance services. The Commission has…
Namdeb Rare Earth Element Deposits Promising
By: Nghiinomenwa-vali Erastus Namdeb non-diamond exploration is continuing in the south, with rare earth elements deposits showing promising results. This was revealed in the Chamber of Mines 2024 Annual Review, released earlier this month. The Annual…
Neckartal Dam Fertiliser Green Scheme Feasible
By: Nghiinomenwa-vali Erastus An assessment has positively determined that it is commercially viable for the country to competitively produce ammonia and fertiliser near the dormant Neckartal Dam. A framework is currently being developed to operationalise the feasibility…
Govt Wants Minimum 10% Free Carry Mining Shareholder
By: Nghiinomenwa-vali Erastus The Namibian government has communicated its intention to introduce a minimum 10% free carry shareholding in every mine, to be held by the state. According to the Chamber of Mines Annual Review for 2024,…
Govt Seeks to Prohibit Foreign Agricultural Land Ownership
By: Nghiinomenwa-vali Erastus The government is looking at prohibiting the ownership of agricultural land by foreigners. The Ministry of Agriculture, Fisheries, Water and Land Reform, Inge Zaamwani, has given notice of tabling the particular motion that will include the probation….
Domestic Capital Mostly Invested in Listed Equities and Debt
By: Nghiinomenwa-vali Erastus Most of the country’s N$289.9 billion capital that is deployed domestically through investment managers is invested in listed equities (shares) and debt instruments as of 31 March 2025, according to the Namfisa 2025 First Quarter…
Namdia Pushes for Larger Share of Rough Diamonds
By: Nghiinomenwa-vali Erastus The Namibia Desert Diamonds (Namdia) believes the country can earn significantly more from its diamond resources if the company is granted access to a larger share of rough diamonds. In its latest quarterly report, released…
Parliament Demands Banks’ Charges Impact Report
By: Nghiinomenwa-vali Erastus The Parliamentary Committee on Economy, Industry, and Public Administration, has asked the Central Bank to conclude the impact assessment of commercial banks fees and charges and share it with the Ministry of Finance. The governor…
Bycatch Threatens Pilchard Recovery
By: Nghiinomenwa-vali Erastus Regulators in the fishing industry have observed intentional pilchard bycatch affecting the recovery of the stock species. This was revealed in Parliament by the Minister of Agriculture, Land Reforms and Fisheries, Inge Zaamwani, on…
Rice Cultivation Can Reduce 28,317 Tons of Rice Imports
By: Nghiinomenwa-vali Erastus A market intelligence report by the Namibia Agronomic Board has revealed that the country’s growing importation of rice to meet local demand offers a significant opportunity for local producers and traders to supply the domestic market….