Rate this item
(0 votes)

Namibian households are topping the list of credit uptake from commercial banks growing by 5% year on year in February, an increase from 4.9% in January, official figures reveal.

Minister of Mines and Energy Tom Alweendo says his Ministry is actively exploring for oil and gas to become self-reliant in energy supply.

The Ministry of Environment, Forestry and Tourism (MEFT) has allocated N$80 million for development purposes. This amount is set to cater for the rehabilitation of old and new facilities as well as upgrading of tourist roads, sewerage and water supply in protected areas, including the fencing of national parks and conservancies. 

Namdeb is planning to construct a 34-megawatts (MW) wind farm at an estimated investment cost of N$922 million (US$51 million), The Brief can exclusively reveal.

Askari Metals has announced the completion of the acquisition of EPL 8535 Uis Lithium Project in Namibia, which covers approximately 195 square kilometres.

The Ministry of Industrialisation and Trade is planning on opening a second school uniform manufacturing factory at Ovitoto in Otjozondjupa Region to stimulate growth in the poverty-stricken area.

A multi-stakeholder approach would be needed to accelerate the implementation of SDGs and corporate social responsibility initiatives in Namibia.

Rate this item
(0 votes)

The Namibia Statistics Agency (NSA) and the Namibia Financial Institutions Supervisory Authority (NAMFISA) have signed a Memorandum of Understanding (MoU) on financial services data exchange and other areas of collaboration.

Namibia earned N$4.4 billion from exporting agriculture, forestry and fishing commodities during the fourth quarter of 2022 while the country’s import bill stood at N$1.2 billion, latest data shows.

Bena Capital has launched the Arandis Logistic Hub, a project estimated to cost between N$450 million to N$660 million, aimed at adding value to the logistics sector.

Joomla! Debug Console

Session

Profile Information

Memory Usage

Database Queries