Category: National
Companies Fined Over Concealing Ownership Change in Cement Factory
By: Nghiinomenwa-vali Erastus Three Chinese companies and a local cement production firm have been ordered to pay a fine of N$5 million after it was discovered that they implemented a merger without the approval of the Namibian Competition…
City Challenges ECB Directive on Prepaid Meter Blockages
By: Hertha Ekandjo The Windhoek municipality has dismissed recent calls by the Electricity Control Board (ECB) to cease blocking prepaid electricity meters as a method for recovering arrears unrelated to electricity charges. The City argues that the ECB’s directive,…
Namibia Must Consider Nuclear Energy— Ndaitwah
By: Justicia Shipena Vice President Netumbo Nandi-Ndaitwah says Namibia should explore potential benefits from downstream nuclear value chain activities, as the country solidifies its position as a key supplier of uranium. Speaking at the 11th edition of the Mining…
Global Demand to Negatively Impact Namibian Mining Sector
By: Staff writer Namibia’s mining sector will be negatively affected by weak global demand, particularly impacting growth for diamonds and zinc. This comes as global economic growth is projected to slow down to 3.2% in 2024, from 3.3% in 2023….
Mulunga Fired Despite Cleared Charges
By: Hertha Ekandjo & FransinaNghidengwa The National Petroleum Corporation of Namibia (Namcor) has terminated the employment contract of its suspended managing director, Immanuel Mulunga, effective immediately. This decision comes despite an independent panel recently clearing Mulunga of charges related…
Sampofu Calls on Entrepreneurs to Explore Zambezi’s Business Potential
By: Abigail Nalisa Governor of the Zambezi region Lawrence Sampofu has called on local entrepreneurs and small business owners to explore the untapped potential of the region to spark economic growth and put the region on the map….
NQA Launches New Website for Local and International Clients
By: Fransina Nghidengwa The Namibia Qualifications Authority (NQA) has unveiled a new website equipped with modern features designed to provide users with easy navigation and real-time access to relevant information. During the launch, Dr. Romanus Shivoro, Chairperson of…
Cancer Association to Dedicate 30% of Apple Project Proceeds to Boost Cancer Care
By: Justicia Shipena The Cancer Association of Namibia (CAN) has announced that 30% of the funds raised from the 2024 Bank Windhoek Cancer Apple Project will be allocated to the National Cancer Outreach Programme. According to CAN, this…
Top Score Invest’s N$150 000 in Oshiwana Tournament
By: Loise Shiimi This year’s edition of the Top Score Oshiwana Tournament saw a significant investment of N$150,000 from Top Score, with N$53,000 allocated for prizes across three sports categories. According to Top Score Brand Manager Diego Talaya, the…
NDTC Pays N$2.8 Billion in Dividends Over 17 Years
By: Justicia Shipena The Namibia Diamond Trading Company (NDTC) has paid over N$2.8 billion in dividends to its shareholders since its inception in 2007. This figure was disclosed by NDTC Chief Executive Officer Brent Eiseb during the 2024 Mining…