Oryx Properties is planning to invest millions of dollars towards the expansion of Maerua Mall, in a development that is expected to unlock shareholder value and increase revenue streams.

 Bank Windhoek is suing Win Information Technology after the firm defaulted on a N$11 million loan. 

Namibia's beef subsector marketed 7,374 cattle for slaughter in July 2022, a 33% decline from 11,072 cattle sold for the same purpose prior year, latest statistics shared by Agribank show. 

Financially troubled Trevali Mining will be delisted from the Toronto Stock Exchange (TSX) on October 3.

HDF Energy, which is developing a green hydrogen power plant in Swakopmund, says it has submitted its scoping report with the Ministry of Environment and Tourism.

Gondwana Collection Namibia has taken over management of the Okapuka Game Ranch located outside Windhoek on the road to Okahandja.

Shared Petroleum is demanding over N$4 million from In Touch Cargo company after the latter allegedly failed to pay for the product in more than three years.

The mining sector continues to be a key contributor to the Namibian fiscus. The Namibian mining industry contributes annually approximately 9% to GDP and paid N$6 billion in salaries and wages to over 14500 workers. Another N$12 billion went into local procurement, while the Namibian government netted N$4 billion in much needed taxes. With the effects of the pandemic regularizing and commodity prices rising, these figures will go up. 

History would have it that to question a leader was frowned upon. It was seen as being disrespectful. In today’s workplace, there are about three very diverse generations, so diverse that expectations, perspectives and values may clash. It is possible that the entire paradigm of leadership may have been turned on its head in the last 10 to 15 years.

Mines Energy minister Tom Alweendo says oil discoveries off the coast of Namibia by two oil majors are of commercial quantities, likely in the billions of barrels, with production expected in four years.

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