Author: Staff Writer
Nam Faces Growing Inflation In Wake Of Russia-Ukraine War
By: Staff writer The Bank of Namibia (BoN) recently released its quarterly bulletin covering the third quarter, namely the months July through to end September 2022. It noted that inflation stood at 7.1% during the third quarter. The central bank…
Telecom Namibia Invests In Smart City Fibre
By: Staff Writer Telecom Namibia has signed a partnership agreement with OMDis Town Transform Agency (OMDis) to deploy 67.6km of optical fibre in Oranjemund at a total cost of N$12 million, as part of a project to transform the town…
Dryland Sustainable Landscapes Impact Programme
By: Staff Writer As part of the Global Environment Facility Dryland Sustainable Landscapes Impact Programme, the International Institute of Environment and Development (IIED) and partners of the Forest and Farm Facility are providing business incubation support around country-specific core themes…
Mining Giant Newmont Dabbles In Namibia
By: Staff Writer Osino Resources Corporation last Thursday has announced that Newmont Corporation (Newmont) has completed a geochemical orientation programme during October 2022 to test their proprietary Deep Sensing Geochemistry (“DSG”) technique over known covered mineralization at Osino’s Twin Hills…
Namibia Subscribes to the International Monetary Fund’s Special Data Dissemination Standard Staff writer
Namibia subscribed to the IMF’s Special Data Dissemination Standard (SDDS), becoming the fifth country in Sub-Saharan African to reach this goal, The IMF announced last Thursday. By subscribing to the SDDS, Namibia graduated from the Enhanced General Data Dissemination System…
Walvis Bay Waterfront & Marina Development:NamPort Extends Bid Submission Deadline Till 6 March 2023
By: Staff writer In a notice, the Namibia Ports Authority (Namport) said the last date for submission of expression of interest (EOI) for the Walvis Bay Waterfront Development is 6 March 2023. The company stated that the deadline for respondents…
Trevali Gets Buyer For Rosh Pinah Mine Stake
By: Staff Writer Embattled base metals miner Trevali Mining Corporation will sell its 90% interest in the Rosh Pinah mine to Appian Natural Resources Fund III and Appian Natural Resources (UST) Fund III. Trevali is a Canadian base-metals mining company with four producing operations…
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…