Author: Staff Writer
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…
Andrada Begins Polymetallic Mineralisation Exploration
By: Staff writer Namibia-based lithium, tin and tantalum miner Andrada Mining has begun an initial exploration programme at the Brandberg West exploration licence, at the opencast Brandberg West mine, in the Erongo region. The company confirmed the development this month,…
Northern Namibia Leads in Hospitality Occupancy Rates
By: Staff Writer Namibia’s hospitality sector witnessed a 4% month-on-month decline in occupancy rates, dropping from 69% in August 2023 to 65% in September. August had marked the highest occupancy rates since the last pre-pandemic peak of 69.9%. According to…
City Approves 1,450 Building Plans in 2023 Worth N$1,04 Billion
By: Staff Writer The City of Windhoek has given the green light to 1,450 building plans in 2023, with a combined value of N$1.04 billion. This represents a 23.8% decrease in the number of approvals compared to the same period…
Namdeb to Purchase Six Additional E-Buses
By: Staff Writter NAMDEB is considering the procurement of six more battery-electric buses (E-buses) over the next two years, following the introduction of Namibia’s inaugural E-bus. The company recently announced the arrival of Namibia’s very first E-bus, signifying its commitment…
Declining Trajectory in Vehicle Demand
By: Staff Writer NAMIBIA experienced a third consecutive month of reduced demand for new vehicles, with 1,054 vehicles sold in September. The sales figures demonstrated a 3.7% month-on-month (m/m) decrease in September 2023, compared to the 13.2% m/m decrease in…
Stage Audio Works Integrates AV Conferencing System At MTC
By: Staff writer Mobile Telecommunications (MTC), working with Stage Audio Works (SAW), has its AV systems overhauled at the headquarters in Windhoek. MTC needed technology upgrades and corporate AV systems to enhance communication and collaboration in several departmental boardrooms….
Namibia’s Youth JoblessnessNeedsA Shift In Direction
By: Staff Writer While Namibian youth continue to swim in the morass of joblessness, with very little prospects for immediate intervention, neighbors Botswana recently held a conference on the same issue. The 2-day second annual labour conference was organised by…
Namibia Seeks Indian Millet Expertise
By: Flora Katutiramambo Officials from the Ministry of Agriculture, Water ans Land Reform has embarked on a learning trip to India, especially for millet seed improvement,to boost food security in the country. As part of the trip to that…