Author: Staff Writer
O&L Subsidiaries Scoop Multiple Honours at Best of Namibia Awards
By: Staff writer Ohlthaver & List (O&L) Group subsidiaries O&L Leisure and Hartlief scooped multiple awards at the inaugural Best of Namibia awards. Strand Hotel Swakopmund was awarded the title of Best Hotel in Namibia, an accolade which O&L sees…
Osino Expects N$5.1 Billion Competition Commission Decision in September
By: Staff Writer Osino Resources expects a final decision from the Namibian Competition Commission (NaCC) on its acquisition by Chinese firm Shanjin (formerly Yintai Gold) by early September. Currently, competition law clearance from NaCC remains the only outstanding…
O&L to Fill Pick n’ Pay Gap with Namibian Brand
By: Staff Writer The Ohlthaver & List (O&L) Group is set to re-enter the retail market with a fully-owned Namibian brand, following its announcement to terminate its franchise agreement with Pick n’ Pay. Sven Thieme, Executive Chairman of O&L…
Natural Resources Belong to Namibians – Tweya
By: Staff Writer Chairperson of the Parliamentary Standing Committee on Natural Resources, Tjekero Tweya, emphasised that it is the duty of lawmakers to hold the executive arm of government accountable regarding laws surrounding natural resources. “The executive must submit…
City Seeks N$90 Million for Mix Settlement Development
By: Staff writer The City of Windhoek says it has requested N$90.2 million from the Ministry of Urban and Rural Development for development plans for Mix Settlement. This funding is intended for infrastructure development including water and sewer reticulation, as…
South African Franchise Expands to Namibia
By: Staff writer South African copy and print, courier, and digital services franchise PostNet has expanded into Namibia, targeting an investment of around N$5.5 million for six stores across the regions. The company aims to open stores in Windhoek,…
Transport Records Highest Inflation Rise Despite Unchanged Fuel Prices
By: Staff Writer Transport costs experienced the sharpest annual inflation increase, rising from -0.1% year-on-year (y/y) in June 2023 to 8.3% y/y in June 2024, according to the Namibia Statistics Agency (NSA). This surge reflects higher expenses associated with…
Hyphen Appoints COO for Namibian Project
By: Staff writer Hyphen Hydrogen Energy has appointed Giuseppe Surace as its new chief operating officer (COO) effective 1 July 2024. Surace is expected to support the development of Hyphen’s green hydrogen project in Namibia. He will provide strategic direction,…
MTC Opens Dealer Shop in Otjinene
By: Staff Writer Residents of Otjinene no longer need to travel long distances for Mobile Telecommunications Ltd (MTC) services, thanks to the opening of a new MTC dealer shop in the town. Previously, MTC served its customers through Nampost,…
ECB Approves Electricity Price Hikes
By: Staff Writer Electricity is about to get more expensive this winter, after the Electricity Control Board (ECB) approved tariff increase applications from several distributors, effective 1 July 2024. These applications followed the ECB’s announcement of the 2024/2025…