NamPower says it has now turned to electricity imports from Zambia after it reduced its dependency on South Africa’s Eskom, which is experiencing acute challenges resulting in Africa’s most developed economy enduring rolling power cuts.

State-owned oil firm, National Petroleum Corporation of Namibia (NAMCOR), has remained upbeat about its aggressive expansion strategy in the country’s retail sector despite the current economic challenges.

The Gondwana Collection’s King Nehale Lodge at Etosha was officially opened at the weekend after the May 2020 initial plans were dashed by the COVID-19 pandemic that had dealt a blow to the hospitality and tourism industry.

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Life is a journey and not a destination. The same goes for the maturing of any compliance function.

The Port of Walvis Bay has taken delivery of a historic and largest Petroleum Coke (Petcoke) consignment ever recorded in the country destined for Zambia. 

The Namibian Stock Exchange (NSX) registered its highest single-day trade on Friday when N$1.35 billion worth of shares exchanged hands. 

 Canadian gold exploration and development company, Osino Resources Corporation, has closed its non-brokered private placement of N$150 million.

Bannerman Energy says it would require more N$5.6 billion (US$320 million) in pre-production funding after a definitive feasibility study (DFS) into its Etango 8 uranium project, in Namibia, has confirmed the project’s economic viability.

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Namibian bank’s assets have recorded a 10.7% growth to reach N$161.4 billion at the end of September 2022, the central bank’s Macroprudential Oversight Committee has revealed, but warns of inflationary pressure threats to the sector.

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If you ever wondered how much you are really paying in bank charges, the Bank of Namibia (BoN) has released a study on bank charges of selected transactional services on the Basic Bank Account for eight banking institutions in Namibia as of 30 September 2022 and it sheds some light on how much Namibians are really paying for various products and services offered.

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