Author: Staff Writer
Fish, Vegetable, Milk, Egg Prices On The Rise
By: Staff Writer The affordability of fish keeps dwindling as last month’s figures have shown that the price for fish rose by 16.9% compared to the same month last year. The largest rise is observed in dried, smoked, or salted…
Uis Lithium Ridge Licence Area Produces High-grade Spodumene Concentrate
By: Staff writer Andrada Mining has produced high-grade lithium spodumene concentrate from mineralised pegmatite material, marking a significant turn in its exploration and development efforts. The discovery was sourced from its Lithium Ridge licence area, located about 35km southeast of…
Uis’ Pilot Plant Yields 10t Lithium Concentrate
By: Staff writer Andrada’s Uis lithium pilot plant has yielded production of 10t of on-specification saleable lithium concentrate. The commissioning of London-listed technology metals mining company Andrada’s pilot plant, located adjacent to the main tin processing plant at its Uis…
2023 Records N$400 Million Drop in Approved Building Plans
By: Staff Writer The cumulative value of approved building plans between January and October this year has seen a decline of N$400 million compared to the same period last year, according to an analysis by Simonis Storm Securities (SSS). So…
Coastal Hospitality Sees Surge in Occupancy Rates
By: Staff Writer Last month, the coastal region of Namibia experienced a significant upswing in tourism, marking the highest occupancy rates in the sector at 71.9%, according to financial analysts Simonis Storm Securities. This achievement, surpassing 70%, is noteworthy as…
Unconventional Thoughts: Students Launch “Diabetes Sugar Smart” Campaign
By: Staff Writer Public Relations students from the University of Science and Technology took their coursework to a practical level by launching the “Diabetes Sugar Smart” campaign in honour of World Diabetes Day. The initiative, which kicked off with…
Paratus rolls out 28 retail outlets across Namibia
By: Staff writer Telecommunications operator, Paratus Namibia has opened nine additional resellers and six pop-up shops across the country. These are Outapi Pop-Up Shop, Eenhana Pop-Up Shop, Oniipa Pop-Up Shop, Otjomuise Pop-Up Shop, Soweto Pop-Up Shop, Okuryangava Pop-Up Shop. The…
Paratus Secures N$578 Fibre Expansion Funding
By: Staff writer Paratus Group has secured US$31-million (N$578 million) in funding to expand its fibre routes connecting Angola, Democratic Republic of Congo (DRC), Botswana, Namibia, South Africa, Mozambique and Zambia over the next three years. The funding is secured…
Cobalt Production Expected For Over 40 Years
By: Staff writer Opuwo’s cobalt project could potentially produce cobalt for over 40 years. This follows the confirmation of Aim- and ASX-listed Celsius Resources’ renewal of the exclusive prospecting licence for the Opuwo cobalt project. The project is held under…
Namibia Faces N$4 Billion Revenue Loss from Undeclared Trade
By: Staff Writer Namibia has incurred potential revenue losses of N$4 billion over a three-year period due to undeclared trade transactions. This revelation emerged in a joint statement by the Bank of Namibia and the Namibia Revenue Agency (NamRA) during…