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Opinion: Five Things to Consider for Local Entrepreneurs To Participate in the Development of the Oil & Gas Industry
By: Tom Alweendo Local entrepreneurs play a big role in the development of an industry. And it’s no different for oil and gas. Here are five things entrepreneurs should consider in order to effectively partake in this industry. …
Windhoek to Exchange Land for Government’s N$700 Million Debts
By: Nghiinomenwa-vali Erastus The Windhoek City Council has decided to offer 358 hectares of land valued at N$358 million as settlement for a historical loan of N$357.7 million owed to the central government. Additionally, the accrued interest on…
Paladin Achieves Commercial Production at Langer Heinrich After Six Years
By: Staff Writer Uranium producer Paladin Energy has announced the successful commencement of uranium concentrate production and drumming at the Langer Heinrich Mine (LHM). Earlier in January, The Villager reported that the company secured a N$2.8 billion loan…
Rhino Poaching Irks Tourism Stakeholders
By: Nghiinomenwa-vali Erastus Numerous tourism stakeholders are expressing growing concern over rhino poaching and are urging intensified efforts to protect the endangered wildlife and enhance conservation endeavours. This call comes after 28 rhinos were poached from national parks…
BoN Declares N$511.5 Million Towards Govt’s Revenue
By: Justicia Shipena The Bank of Namibia (BoN) has declared a dividend of N$511.5 million to the government, which is about N$100 million from what it declared last year. This was announced by BoN Governor Johannes !Gawaxab during…
Fuel Prices Set to Increase Following Months of Relief
By: Annakleta Haikera Motorists are bracing for an uptick in fuel prices as the Ministry of Mines and Energy announced price hikes for both petrol and diesel, effective Wednesday. According to the Ministry, petrol prices will rise by…
NFA Handling of Afcon Prize Money Under Scrutiny
By: Justicia Shipena Former Secretary-General of the Namibia Football Players Union, Olsen Kahiriri, now a sports analyst, has voiced concerns regarding the Namibia Football Association (NFA), alleging that it has used the country’s name to intimidate and mistreat…
Namibia’s Exports Halved, Trade Deficit Doubles
By: Staff Writer Namibia experienced a stark decline in exports last month, with trades plummeting from N$12.0 billion in January 2024 to N$6.1 billion, exacerbating the country’s trade deficit, which more than doubled. The significant decrease of 48.9% was…
Bank Windhoek Volleyball Tournament Attracts 487 Players
By: Nghiinomenwa-vali Erastus The 40th anniversary Doc Volleyball Tournament showcased the vibrancy of the sport economy, with 35 teams competing across men’s and women’s categories, totaling 487 players. Hosted by the Namibian Volleyball Federation (NVF) at The Dome…
O&L Group CEO and CCO to Step Down
By: Staff Writer Ohlthaver & List (O&L) Group has announced the resignations of their Chief Executive Officer (CEO), Wessie van der Westhuizen, and Chief Culture Officer (CCO), Sonja Thieme, effective 30 April 2024. In an internal communication shared…