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The City of Windhoek recorded the lowest value of approved building plans in 11 years, after 2,467 buildings worth N$1.75 billion were approved in 2022.

Osino Resources says it has received eight project finance offers from credible institutions to finance the construction of its wholly owned Twin Hills Gold Project in Namibia.

The Government Institution Pension Fund (GIPF) says it will soon start implementing a real-time payment system on deceased people’s claims, a development that will ease the burden on bereaved family members. 

The Communication Regulatory Authority of Namibia (CRAN) and the Namibia Revenue Agency (NamRA) have signed an agreement that will pave the way for the two institutions to issue guidelines on the importation of telecommunications equipment. 

Namibia produced 2,137 million rough diamonds last year according to latest figures released by De Beers, a 46% increase from 1.467 million carats last year. 

The Bank of Namibia (BoN) has made four key new appointments to its management structure, primarily in the Office of the Governor, the Oshakati Branch, and the Banking Supervision Department.

Tom Alweendo, the Minister of Mines and Energy, will lead a Namibian delegation to the 2023 Invest in African Mining Indaba in Cape Town, South Africa.

The NAMDIA Foundation has officially handed out 14 bursaries to its beneficiaries under its N$2.8 million bursary scheme on Friday.

Hyphen Hydrogen Energy (Hyphen) has signed non-binding Memorandums of Understanding (MoUs) with two major industrial companies with the aim of providing them with up to 750,000 tonnes of green ammonia annually.

Namibia’s small to medium enterprises (SMEs) have so far accessed only 1.28% of the N$500 million Covid-19 loan scheme due to stringent qualifying criteria, high lending rate and poor visibility and reach of the scheme among others, it has been found.

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