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Namwater Completes First Part of the Omahenene-Olushandja Canal Reconstruction
By: Nghiinomenwa-vali Erastus The renovation of the first section of the 150 kilometres Omahenene-Olushandja Open Water Canal in the Omusati region has been completed. The 5,8 km of the water canal was jointly commissioned this week by the ministry of…
Askari Metals Acquires Second Lithium Project
By: Joe Toft Askari Metals Limited, an Australian based exploration company with a portfolio of battery metals (Li +Cu) and precious metals (Au + Ag) projects across Namibia, Western Australia, Northern Territory and New South Wales, has announced that it…
African Nations Cannot Afford To Be Left Behind In Digital Connectivity – Geingob
By Justicia Shipena As more services become available online, President Hage Geingob says that African nations cannot afford to be left behind. Geingob said this while attending a session on Digital Connectivity Empowering the Next Generation of Inclusive Ggrowth at…
Namibia On The Way To Recovery – IMF
By: Staff Writter The Namibian economy is gradually recovering from the impact of the COVID-19 pandemic, says the International Monetary Fund (IMF) in a press release this week. The IMF says it has concluded the Article IV consultation with Namibia…
FNB hands over 460 joy boxes to underprivileged children and elders
By: Fransina Nghidengwa The First National Bank (FNB) handed over 460 joy boxes to the beneficiaries of the Namibia adherence and retention project (NARP) on Thursday morning at the Katutura College of the Arts in Windhoek. The joy boxes included non-perishable…
Cancer Project Raises N$33.9 Million Since 2000
By: Staff writer Bank Windhoek has announced that it has raised N$2 million this year for the annual Bank Windhoek Cancer Apple Project. The Bank’s Executive Officer of marketing and corporate communication services, Jacquiline Pack has announced this recently, stating…
NamRa Lashed By ‘Order With Me’ Agents
By: Nguriye Katusuva Some ‘Order With Me’ SME operators have lashed out at the Namibia Revenue Agency (NamRa) about its activities, including questioning the agency for confiscating their products. This emerged as the revenue collection agency held an engagement meeting…
The Scramble for Electricity…Zambia to become the power saviour
By: Nghiinomenwa-vali Erastus Three countries of the Southerm African Development Community (SADC) are facing power problems as their internal power generation capacities fail to meet local demand. As a result, they will be competing to grab excess power in the…
Producer Price Index For Mining And Quarrying increases In Third Quarter
By: Hertha Ekandjo The mining and producer price index for the third quarter of 2022 rose to 130.5 basis points, up from 102.1 recorded in Q3 of 2021, which translates into an annual inflation rate of 27.9% compared to -17.8%…
Namibia Gets N$2 Billion German Loan
By: Staff Writter Namibia and German state-owned investment and development bank KfW, on Tuesday, signed two loan agreements of €40 million (N$746 million) and €50 million (N$932 million) for the construction and rehabilitation of key Namibian roads and water infrastructure…