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Shell has reportedly found hydrocarbons in the Jonker-1 well which it began drilling in December to check for a possible eastern extension of Total's Venus find.

Andrada, previously AfriTin,  Mining says its findings from details of a new tin resource for 11 historically mined pegmatite orebodies located close to the actively mined V1/V2 pegmatite at the Uis Mine in Namibia, shows that it now has one of the largest tin assets globally.

South America’s two largest economies have considered options to coordinate their currencies for decades, often to counter the influence of the dollar in the region.

South Africa’s Monetary Policy Committee (MPC) will hold its first meeting of the year to decide on interest rates on Thursday, and while economists agree that the central bank will continue to hike rates, they are split on the size of the increase.

Namibia’s fishing sector is forecasted to grow by only 1.3% in 2023, due to an unlikely increase in the total allowable catch (TAC), owing to a slow growth in the country’s stocks, research firm Simonis Storm said in its Agri-monthly report.

Namibians accounted for only 33% of all guests at hospitality establishments in 2022 countrywide, a decline from 51% recorded in 2021, according to data shared by the Hospitality Association (HAN) of Namibia.

It is incredible how many people make resolutions about getting themselves into shape when a new year begins. Very few of us, think about the ‘financial hangover’ that we are dragging into a new year and how much getting personal finances back in shape could benefit our lives. 

Standard Bank Namibia has become the first corporate entity to join the Namibia National Internship Program (NNIP) after Mobile Telecommunications Limited (MTC) nationalized the initiative with a N$200,000 contribution.

The Environmental Investment Fund (EIF) of Namibia has commenced with the Green Climate Fund (GCF) programming consultation following its re-accreditation to the body for another five years last year.

In 2022, a total of 10,923 vehicle units were sold in Namibia, a 15.9% increase compared to the 9,427 units sold in 2021 and exceeding the 10,415 units sold in 2019.

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