Blog Page
Minister Says Number Of Fish Eaten By Seals Is Unacceptable …as environmentalist opinions affect seal product exports
By:Justicia Shipena Fisheries minister Derek Klazen has expressed concern about the number of fish consumed by seals per year in Namibia, terming it “unacceptable”. Klazen was responding to a motion by member of parliament Mike Kavekotora in the National Assembly…
Bots Military Army Imports Contributes To Growth Of Walvis Port …as container exports and imports increase
By:Justicia Shipena The Namibian Ports Authority (Namport) has announced an increase in container exports and imports of various commodities in its February 2023 quayside bulletin. According to the abulletin, charcoal has shown a 39% increase in volume due to high…
Public Entities Accused Of Sabotaging Local ProducersTreasury says many of the 177 public entities reluctant to procure locally
By:Nghiinomenwa-vali Erastus The Ministry of Finance has revealed that public entities that get state funds remain reluctant to plow back the money by buying from local producers. A special request for reports on the implementation of the directive by the…
Resources Ownership Conundrum: State-Ownership or Incentivised Local Ownership
By: Nghiinomenwa-vali Erastus The Namibian constitution states that natural resources below and above the surface of the land and in the continental shelf shall belong to the state if they are not otherwise lawfully owned. However, this has not been…
Namibia Imports N$1.1 Million Worth Of Jewellery In Jan
By: Justicia Shipena The Statistician General and Chief Executive Officer of the Namibia Statistics Agency (NSA), Alex Shimuafeni has revealed that Namibia imported jewellery worth N$1.1 million in January 2023. Shimuafeni made these revelations in the Namibia Trade Statistics Bulletin…
Flogged Employees, Boss On 14-Day Suspension
By: Annakleta Haikera Micke Du Preez, the owner of the Rundu Filling Station in the Kavango East, has placed himself and all the employees that allegedly took part in a flogging “game” on a 14-day suspension, pending an investigation. In…
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…