Author: Staff Writer
Madison Metals Secures Approval for Nuclear Fuels Extraction
By: Staff Writer Canadian mining company Madison Metals has received approval for nuclear fuels extraction at its active Mining Licence 86A, which is part of the Madison West project. This licence area also includes the former Khan Copper…
Beef Exports Hit 11.0 Million Kilograms
By: Staff writer Namibia’s beef export market witnessed significant growth during the first half of the year, with total exports reaching 11.0 million kilograms. This is an exponential increase from 6.5 million kilograms exported in the first half of 2023….
Navachab Half Marathon Returns for 10th Edition
By: Staff Writer The Navachab Half Marathon is set to celebrate its 10th edition on 21 September 2024 in Karibib. This announcement was made by QKR Namibia Navachab Gold Mine, in collaboration with the Ministry of Sport, Youth, and…
City Offers Ward Cleaners Five-Year Contracts to Enhance Job Security
By: Staff Writer The City of Windhoek has announced its decision to offer new five-year contracts to ward cleaners, addressing long-standing concerns about job security that had been raised in numerous engagements. This move follows reports of dissatisfaction among…
Global Demand to Negatively Impact Namibian Mining Sector
By: Staff writer Namibia’s mining sector will be negatively affected by weak global demand, particularly impacting growth for diamonds and zinc. This comes as global economic growth is projected to slow down to 3.2% in 2024, from 3.3% in 2023….
Ongos Sports Stadium Project to Cost N$2 Billion
By: Staff writer The Ongos Valley Sports Stadium Development is estimated to cost N$2 billion, Khomas governor Laura McLeod-Katjirua has said. The project, which is expected to accommodate about 30,000 spectator seats, was launched this year in the Moses Garoeb…
Business Sector Sees 0.5% Year-on-Year Growth in June
By: Staff writer The business sector experienced a 0.5% year-on-year (y/y) growth in June, a significant slowdown from the 4.7% y/y recorded in May 2024, yet still above 2023 levels. Analysis from Simonis Storm Securities’ Halleluya Ndimulunde reveals this as…
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…