Category: News
Ex Employee Breaks Into Bosses’ Home
By: Eba Kandovazu The police in Omusati region have confirmed that one of the two men who were arrested for breaking into a house and stealing guns from a safe was part of the group of construction workers who built…
NamWater, NamPower Sign Supply Agreement With Arcadia Mining
By: Wonder Guchu Arcadia Mining has concluded a water and electricity supply agreement for Namibia’s Swanson Tantalum/ Lithium project. The project is located in the Karas Region in the southern part of Namibia, some 15 km north of the Orange…
Development Bank, NIPDB Formalise Cooperation
Staff Writer Development Bank of Namibia (DBN) and the Namibia Investment Promotion Board (NIPDB) have formalized their cooperation with a memorandum of understanding (MoU) signed on 28 September 2022. The two development agencies had previously cooperated, notably when DBN accompanied…
Good News Expected for SA Petrol Prices Next Week
Staff Writer Households in South Africa could be in for some respite in the coming months as petrol prices are set to cool off slightly next week, according to the latest data from Central Energy Fund (CEF). However, the mines…
Mines Ministry Approves Ongombo License
By: Wonder Guchu The mines ministry has approved the African Pioneer Mining license for Ongombo Copper Project, and the company intends to fast-track all activities to meet what is anticipated to be huge copper demand during the latter part of…
Manufacturing Can Turn Namibia’s Economy Around
By: Josef Kefas Sheehama Namibia Statistics Agency (NSA) released the Gross Domestic Product (GDP) results for the second quarter of 2022 at a media briefing held on 28 September 2022,…
Mukwe Residents Welcome “Ritual Killings” Curfew
By: Annakleta Haikera Following the death of the 17- year old Felix Disho Thikundeko, whose body was discovered in July at the Rudhiva Village, the Hambukushu Traditional Authority in the Mukwe Constituency in the Kavango East instructed bar owners at…
Ohangwena dominates NCA in cattle numbers…But No Abattoirs, Just Weddings
By: Nghiinomenwa-vali Erastus The Northern Communal Areas have around 1,63 million cattle distributed among eight regions, and at the individual region level, more of this beef raw materials are housed in the Ohangwena Region. The region has 359,419 cattle, with…
Nam Tremendously Benefits From EU Support – Nandi-Ndaitwah
By: Hertha Ekandjo International relations and cooperation minister Netumbo Nandi-Ndaitwah, says that Namibia has benefited tremendously from the cooperation and support of the European Union (EU) and its member states. She said this followed the prompt response to providing material…
Bank of Namibia Vows to Fight Trustco
By: Nghiinomenwa-vali Erastus In a two-sentence press release yesterday, the central bank has indicated to the market they will defend the central bank supervisory actions to deny Trustco Bank Namibia commercial status. The Bank of Namibia (BoN) director for…