The Namibia Revenue Agency (NamRA) has revealed that a significant portion of goods imported by entrepreneurs, also known as ‘order with me’, are counterfeit.

Debmarine Namibia's revenue surged by 83% in 2022 to N$13.2 billion from N$7.2 billion in 2021, owing to increased production, positive consumer demand driving price (12%), augmented by a 20% (N$14.9 vs N$16.8) weakening of the Namibia Dollar against the US Dollar.

The Namibian government has intensified its efforts to capitalise on the upcoming oil and gas sector activities and current mining operations.

Namibia exported 504,014kg of beef to various destinations in February 2023, a decline compared to 675,513kg of beef exported during the same period in 2022.

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The Johannesburg Stock Exchange (JSE) has lifted the suspension on the trading of Trustco Group Holdings.

Finance and Public Enterprise minister, Ipumbu Shiimi, has appointed a new Board of Directors for Namibia Wildlife Resorts (NWR), which will be chaired by Ambassador Haroldt /Urib.

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The Southern African Science Service Centre for Climate Change and Adaptive Land Management (SASSCAL) has launched the SASSCAL 2.0 Research Programme, a five-year programme which will implement 13 approved projects in line with SASSCAL’s five thematic areas of agriculture, water, biodiversity, climate and forestry to the tune of N$170 million (€8.6 million).

President Hage Geingob says the Namibian government is taking into consideration the advice of Botswana President Mokgweetsi Masisi to seek a greater revenue share from diamonds sold to De Beers.

Askari Metals, an ASX-listed lithium explorer, has signed a N$42-million (Australian $2.5 million) deal with Zhejiang Huayou Cobalt Co., a Chinese battery metals behemoth.

Hartlief Group has secured a deal to export 400 tonnes of deboned lamb to Norway, with the first two containers already exported.

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