Author: Staff Writer
Angola Oil & Gas 2023 Explores The Strategic Imperative Of Local Content
By:Staff writer Local content represents one of the primary drivers of economic development in any oil-rich nation. For Angola, the Government has made great strides towards moving from the promotion of local content to the implementation of tangible policies. During…
Namibia, EdoState Explore Investment Opportunities
By: Staff writer The Governor of Edo State in the South-South of the federal republic of Nigeria,Godwin Obaseki has called for increased collaboration between his state and the Namibian Government. This, he said is to drive economic growth and reap…
Construction Contracting In Windhoek and Swakopmund
By:Staff writer The construction sector is contracting in Windhoek and Swakopmund after approvals fell by 8.0% month on month (m/m) in August. This is a 15.7% year-on-year (y/y) decrease from August 2022. For the year so far, there has been…
NSA Budgets N$250 Million For Census Enumerators
By:EnumeratorsBrandon Shilongo The Namibia Statistics Agency (NSA) will payN$250 million inallowances to its ad hoc staff who will be involved in the conduct of the 2023 Population and Housing Census. The governmentallocatedN$706 million for the national exercise. This was revealed…
Repo Rate Pushes Car Buyers To Buy Cash
By:Staff writer The repo rate has forced those purchasing vehicles to do so via cash transactions rather than on credit,a recent analysis has revealed. In August this year, the Bank of Namibia’s Monetary Policy Committee (MPC) opted to keep the…
Construction Sector Says Government Projects Exclude Namibians
By:Staff writer The construction sector has reiterated calls to cancel several projects, which they argue exclude most Namibians. In a statement by the Construction Industries Federation (CIF) and the Metal and Allied Namibian Workers Union (Manwu), the two entities argue…
Namibia Exports Stand At N$8.3 Billion In July
By: Staff Writer Namibia has exported goods valued at N$8.3 billion and imported N$11.9 billion worth of goods, resulting in the country’s trade deficit of N$3.7 billion in July 2023. The Namibian Merchandise Trade Statistics Bulletin for July 2023, issued…
Namdeb Ramps Up Its Long-Term Plan … Mining capacity is being increased by 60%, and treatment capacity is set to grow.
By:Staff writer Namdeb is in the process of ramping up operations at its Southern Coastal Mines (SCM) as it makes progress in implementing its long-term plan. The plan was made possible thanks to a five-year, 5% royalty remission, agreed to…
Namdeb Spends 85% Of Expenditure On Local Procurement
By:Staff writer Namdeb spends approximately N$270 million per month on the procurement of goods and services from Namibian-based businesses, Namdeb’s Commercial Manager Anthony Phillips has said. This constitutes approximately 85% of its total expenditure. The majority of spending relates to…
President Geingob To Deliver Opening Keynote Address At African Energy Week 2023
By:Staff writer President Hage Geingob is set to deliver an opening keynote at African Energy Week 2023, providing insight into Namibia’s energy transformation and the role the country plays in advancing regional energy security, the African Energy Chamber (AEC) has…