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Higher Interest Rates Discourage Credit Demand – Economists
By: Justicia Shipena Higher interest rates are unlikely to deter credit demand, which has been resilient since last year. This is according to a report on private sector credit extension by financial research firm Simonis Storm. However, the firm says…
Security Association Distances Itself From Kunene Security Tenders
By: Nguriye Katusuva The Security Association of Namibia (SAN) has distanced itself from tenders in the Kunene region. This follows after the association raised concern regarding how security tenders are awarded by the Kunene Regional Council and Namibia Post…
KODO Drilling Receives Two New Rigs
Staff writer Emerging Namibian drilling contractor KODO Drilling has taken delivery of two Leopard DI650i surface drill rigs from global engineering company Sandvik Mining and Rock Solutions’ Namibia branch. The rigs – the first to be delivered to the country – will be put to work at an opencast gold mine, where KODO Drilling is undertaking…
Africa Oil Posts 2022 Financial Results After ‘A Very Positive Year’; Issues Reserves Statement
By: Staff writer Africa Oil Corp has released financial results for the three months and the year ended December 31, 2022, together with its 2023 management guidance, a drilling update on its offshore interests in Namibia and Nigeria, and, separately, its 2022 statement…
Katjavivi calls for citizens’ opinions to be considered in the formulation of national budget
By:Laban Rasaslus Speaker of the national assembly, Peter Katjavivi says government should consider citizens’ opinions when formulating the national budget because citizens also have the role to play. Katjavivi said this while giving his remarks in the post 2023/2024 budget…
What Namibia Can Learn From Qatar On Gas Development And Monetisation
By: NJ Ayuk When I was working on my 2019 book, ‘Billions At Play: The Future of African Energy and Doing Deals’, I wrote that Qatar was well on its way to achieving its goal of becoming the “Gas Capital…
Low Numbers Of Namibians On The Global Bone Marrow Registry – CAN
By:Daniel Ndumba The Cancer Association of Namibia (CAN) Chief Executive Officer, Rolf Hansen has expressed his concern over what they have observed as a low number of Namibians on the global bone marrow registry. During an interview with The Villager,…
The NCA-Export Sabotage Is Not True- LPO
By:Nghiinomenwa-vali Erastus The Livestock Producers Organisation (LPO) claims news on white commercial farmers sabotaging Meatco is “malicious” and “absurd”. LPO saysthe allegation is a ploy to detract away from the genuine concerns of producers and it will support investigations that…
Kavango East Leadership Says Whips For Loans Evokes Labour System Of Olden Days
By:Annakleta Haikera Following a meeting over the alleged abuse of Rundu Service Station employees by their boss, a decision was taken by the Kavango East regional leadership to temporarily shut down the station, pending an investigation. The meeting was held…
No Funds To Recruit All Covid-19 Volunteers – Nangombe
By:Nguriye Katusuva Executive Director of the Ministry of Health and Social Services Ben Nangombe says the ministry is not in a position to recruit everyone that worked as a volunteer during the outbreak of the Covid-19 pandemic. This comes after…