Author: Staff Writer
Madison Metals Encouraged by High-Grade Uranium Assay Discoveries
By: Staff Writer Uranium exploration company Madison Metals has recently unveiled promising assay results, indicating an average uranium oxide (U3O8), also known as yellowcake, content of 2.78% at Trench 6 in the Erongo region. This discovery follows closely…
Demand for Otjomuise Plots Surges … but outlook for construction sector remains gloomy
By: Staff Writter Otjomuise has emerged as a hotspot for construction activity, recording the highest value of approved house plans by the City of Windhoek for January 2024, totaling N$18.2 million. Financial analysts at Simonis Storm Securities attribute…
Keetmanshoop, MTC Ink Smart Partnership
Staff writer The Municipality of Keetmanshoop and the Mobile Telecommunication Company (MTC) on Friday signed a Memorandum of Understanding (MOU) which will see the two parties provide digital service solutions to the town’s populace. The agreement was prompted by the…
Ride-Hailing Giant Bolt to Onboard 200 Drivers in Namibia
Staff Writer Estonian ride-hailing behemoth, Bolt, has launched a pilot project service in Namibia, with plans to onboard over 200 drivers. The company has declared a commission-free period for the initial six months. This expansion is a strategic…
Unam-owned Company Secures N$65 Million Loan for Solar Project
Staff Writer Inceptus Holding, the business arm of the University of Namibia has successfully secured financing from the Development Bank of Namibia (DBN) and Old Mutual Namibia for its N$65 million solar project at UNAM. Unam is partnering…
Opinion: Political Reverence Will Be the End of Us
Concerned Citizen I am not particularly fond of soccer; at least my enthusiasm for the sport pales in comparison to that of most of my friends. What I find intriguing is how, during a football match, my friends…
Madison Metals Confirms Discovery of High Grade Uranium
By: Staff Writer Upstream uranium mining company Madison Metals has made a significant breakthrough with the discovery of high-grade uranium mineralisation at its Khan project in Madison West, located in the Erongo region. The findings, including a surface sample showing…
De Beers Reports 4% Decrease in Namibia Diamond Production
By: Staff Writer Diamond producer De Beers has disclosed a 4% year-on-year (y/y) decline in its Namibian diamond production, amounting to 0.6 million carats, attributed to slightly lower grades at its land operations. This announcement coincides with De…
Food Annual Inflation Sees Slowdown
By: Staff Writer Namibia experienced a notable slowdown in the annual inflation rate for food and nonalcoholic beverages inJanuary 2024 compared to the same period last year. The Namibia Statistics Agency in a recent report reveals that the slowdown…
Banking Forensic Expert’s Advice to Keep Cyber Criminals at Bay
By: Staff Writer FNB Namibia has issued a warning to online banking users, urging caution against cybercriminals amidst a surge in online shopping activities. Ingrid Katjiukua, the bank’s Forensic Manager, emphasised the importance of vigilance in light of…