Blog Page
Subsidies from Wealthy Nations Disproportionately Harm Poorer Countries, New Study Finds
By: Staff writer A new research, supported by New Oceana has found that harmful fisheries subsidies from wealthy nations like China, Spain, and the United States are disproportionately impacting poorer nations like Namibia , Guinea-Bissau and Somalia that depend on…
ReconAfrica To Explore New Play In Kavango Basin
By: Staff writer Reconnaissance Energy Africa Ltd. (ReconAfrica) has applied for drilling permits to explore a new play in the Damara Fold Belt in southern and western parts of exploration license PEL 73, Kavango basin, Namibia. The belt, initially identified…
Digital acceleration to help employment
By: Mauricia Koopman The Ministry of Information, Communication and Technology on Tuesday signed a Memorandum of Understanding (MoU) with Namibian-Swiss venture builder Impact Tank. Impact Tank is a non-profit organisation that uses social entrepreneurship as a means to create sustainable…
Corporates Pump N$2Million Into Housing Development
By: Laban Rasalus The Shack Dwellers Federation of Namibian has received a donation of N$2 million from Pupkewitz Foundation, FNB Namibia and Ohorongo Cement. The Shack Dwellers Federation of Namibiais a community based network of housing saving schemes, aiming to…
SADC Employment and Labour Ministers Call For Enhanced Measures To Create Decent Work
By: Staff writer Ministers of Employment and Labour of the Southern African Development Community (SADC) and Social Partners held their annual meeting in Kinshasa, Democratic Republic of Congo, from 30 to 31 March 2023 with a call for enhanced measures…
NHE AND PSUN Agree To End Strike
By: Fransina Nghidengwa The National Housing Enterprise (NHE) and the Public Service Union of Namibia (PSUN) yesterday signed a settlement agreement to conclude the ongoing strike. NHE staff downed tools on 24 February 2023 with a demand of a 7%…
Fraud Transactions On The Rise In Namibia’s Payment System … N$200 banknote dominates faking list
By: Justicia Shipena Over the past five years the national payment system (NPS) has experienced an increase in fraudulent transactions, Bank of Namibia (BoN) has said. “The total value of fraudulent transactions perpetrated within the NPS has increased over the…
Namibia Exports N$2 Billion Diamonds In Feb … Precious stones, fish help cut back trade deficit
By:Staff writer Diamonds were Namibia’s largest exported commodity at N$2.0 billion in February. This accounted for 24.7% of all exports for the month, and mostly destined to Botswana, Belgium and the United Arab Emirates. Overall exports increased by 3.8% from…
Production Cuts By Saudi Arabia Oil Giants A Threat To Pump Prices In Nam
By: Justicia Shipena The cutting of oil production by oil producers led by Saudi Arabia could come as a curse for fuel consumers in Namibia, as the Mines and Energy Ministry says it could spike prices. This week, major oil…
Osino Partner Announces New Lithium Discovery And Phase 1 Drilling Results At Omaruru Lithium Project
By: Staff writer Osino Resources Corp. on Friday provided an update on its majority-owned Omaruru Lithium Project in central Namibia following the completion of a Phase 1 Reverse Circulation drill programme by Prospect Resources Limited. Osino entered into an…