Author: Staff Writer
Drilling Campaigns Get Underway Offshore Namibia
By: Staff Writer A number of drilling campaigns will soon get underway off Namibia as the country seeks to move forward with the development of its offshore energy resources, according to Evercore ISI’s latest Offshore Rig Market Snapshot. The firm noted that…
Namibia On The Way To Recovery – IMF
By: Staff Writter The Namibian economy is gradually recovering from the impact of the COVID-19 pandemic, says the International Monetary Fund (IMF) in a press release this week. The IMF says it has concluded the Article IV consultation with Namibia…
Cancer Project Raises N$33.9 Million Since 2000
By: Staff writer Bank Windhoek has announced that it has raised N$2 million this year for the annual Bank Windhoek Cancer Apple Project. The Bank’s Executive Officer of marketing and corporate communication services, Jacquiline Pack has announced this recently, stating…
Namibia Gets N$2 Billion German Loan
By: Staff Writter Namibia and German state-owned investment and development bank KfW, on Tuesday, signed two loan agreements of €40 million (N$746 million) and €50 million (N$932 million) for the construction and rehabilitation of key Namibian roads and water infrastructure…
Uranium: Namibia’s Main Export For October
By:Staff writer According to financial experts, Namibia’s main export products during October 2022 were uraniumwhich was mainly shipped to China, fish in the main exported to Spain, Zambia and the Democratic Republic of the Congo, and diamonds chiefly sold to…
AfriTin Discovers More Lithium,Tin, Tantalum In Nam
By:Staff writer AfriTin Mining says its exploration activities in Namibia have confirmed the presence of significant lithium, tin and tantalum mineralisation. The exploration programme on its ML133 licence, located about 35 km from the company’s flagship Uis tin mine, started…
Katuka Mentorship Programme Inducts Mentors And Mentees For 2023
By:Staff writer The Katuka Mentorship Programme recently inducted 53 new mentors and mentees into the Bank Windhoek-sponsored programme at an event that also saw the certification of those who completed the 2022 programme. The programme was launched in 2001 to…
Capricorn Group Ignites Christmas Spirit
By:Staff writer Capricorn Group, through its subsidiaries, has spread the Christmas spirit to some of the most vulnerable communities in Namibia and Botswana through their regional Christmas drive. The Group’s employees from Namibia and Botswana joined in on specific activities…
NEFF blames Nam’s Institutional Weakness In Phala Phala Scandal …as Ramaphosa comes under fire
By:Staff writer As South African president Cyril Ramaphosa feels the heat on the Phala Phala scandal, politicians in Namibia want the same pressure exerted on president Hage Geingob but have blamed the inaction on the lack of domestic institutional weakness….
Hyphen, RWE Sign MoU To Buy 300000 Tonnes Of Namibian Green Ammonia
By:Staff writer Hyphen Hydrogen Energy, the company in talks with government over a planned US$10 billion green hydrogen project in the south of the country, has recently signed a memorandum of understanding with the German multinational energy company RWE AG…