Author: Justicia Shipena
Repo Rate Expected to Remain Unchanged, Experts Predict
By: Justicia Shipena The Bank of Namibia (BoN) is expected to maintain the interest rate at its current level when it announces the repo rate today, following the lead by its South African counterpart. BoN’s Monetary Policy Committee (MPC) raised…
Dundee Finds Germanium and Gallium In Its Waste and plans to harness them as critical minerals
By: Justicia Shipena DUNDEE Precious Metals has unveiled its plans to harness waste products that contain the presence of germanium and gallium as a parallel stream to their copper production in Tsumeb. Dundee Precious Metals’ President and Chief Executive Officer,…
China Pledges N$31 Million in Food Aid to Namibia
By: Justicia Shipena CHINA has made a commitment to provide food aid to Namibia, with a value of 12 million Chinese Yuan, equivalent to N$31 million. The announcement was made by Tang Wenhong, Vice Chairman of the China International Development…
Pay Raise for Construction Workers: N$18.72 Minimum Wage Announced
By: Justicia Shipena IN a significant development, Namibia’s construction industry is set to witness an increase in the minimum wage, with a new rate of N$18.72 coming into effect. This change stems from an agreement reached between the Construction Industries…
MUN and Whale Rock Cement Reach 6% Wage Agreement
By: Justicia Shipena WHALE Rock Cement workers will receive a wage and related benefits boost following recent successful negotiations between their employer and the Mineworkers Union. As part of this groundbreaking agreement, every union member employed at Whale Rock Cement…
Meatco Addresses Issues Delaying the Clearing of Beef Consignments
By: Justicia Shipena and Nghiinomenwa-vali Erastus THE Meat Corporation of Namibia (Meatco) says it has addressed challenges it encountered with clearing beef consignments to consumers, an issue which resulted in further delays in payment to producers. These challenges, Meatco aid…
Geingob Wants African States to Unite and Create an Integrated Energy Market
By: Justicia Shipena PRESIDENT Hage Geingob has urged African countries to work together more to create a unified energy market. According to Geingob, a healthy and strong energy mix is necessary to grow African economies and fulfil the needs of…
Economists Predict Israel-Palestine Conflict Impacts on Namibian Fuel Prices
By: Justicia Shipena THE ongoing conflict between Israel and Palestine has been a long-standing concern in international relations and geopolitics. Beyond the immediate and far-reaching humanitarian implications, this conflict can also have repercussions in the global energy markets, potentially affecting…
Namibia to Strengthen Collaboration in Higher Education and Training with SA
By: Justicia Shipena NAMIBIA and South Africa have enhanced their bilateral relations by signing a Memorandum of Understanding (MoU) in Windhoek, focusing on cooperation in higher education and training. This significant MoU was formalised during the third Namibia-South Africa Bi-National…
Geingob Calls On SA Businesses To Invest In Local Value Addition
By: Justicia Shipena President Hage Geingob has called on South African businesses operating in Namibia to invest in the value chain with the aim to achieve balanced and sustainable trade relations. Geingob made this call during his speech at the…