Category: Business
O&L Group Readies For Another Flash Flood
By: Hertha Ekandjo & Julian Iikela Ohlthaver & List (O&L) chairperson Sven Thieme has said that this time around they are prepared for any flash floods as the City of Windhoek this week raised a red flag over a possible repetition…
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…
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…
Local Car Dealers Still Face Backlogs
By: Justicia Shipena Local dealerships still have large backlogs of orders from customers as a result of a limited supply of new vehicles coming to Namibia, according to the financial experts at Simonis Storm in its vehicle sales report for…
Askari Metals Acquires Second Lithium Project
By: Joe Toft Askari Metals Limited, an Australian based exploration company with a portfolio of battery metals (Li +Cu) and precious metals (Au + Ag) projects across Namibia, Western Australia, Northern Territory and New South Wales, has announced that it…
NamRa Lashed By ‘Order With Me’ Agents
By: Nguriye Katusuva Some ‘Order With Me’ SME operators have lashed out at the Namibia Revenue Agency (NamRa) about its activities, including questioning the agency for confiscating their products. This emerged as the revenue collection agency held an engagement meeting…
The Scramble for Electricity…Zambia to become the power saviour
By: Nghiinomenwa-vali Erastus Three countries of the Southerm African Development Community (SADC) are facing power problems as their internal power generation capacities fail to meet local demand. As a result, they will be competing to grab excess power in the…
Producer Price Index For Mining And Quarrying increases In Third Quarter
By: Hertha Ekandjo The mining and producer price index for the third quarter of 2022 rose to 130.5 basis points, up from 102.1 recorded in Q3 of 2021, which translates into an annual inflation rate of 27.9% compared to -17.8%…
School Uniform Manufacturing Project Opened At Nkurenkuru
By:Nghiinomenwa-vali Erastus The Namibian government has inaugurated a school uniform manufacturing project at the Nkurenkuru town in Kavango West region to cut on the country’s heavy reliance on school uniform imports. The country imports 90% of school uniforms and sportswear…
Poultry Products Imports Suffocate Local Production
By:Nghiinomenwa-vali Erastus The Namibia Agricultural Union (NAU), in its latest Third Quarter Agri-Review 2022, has revealed that the country has advanced in poultry products production, but the sector is under threat from a high influx of poultry meat and products,…