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The Government Institutions Pension Fund (GIPF) has vowed to recover any funds that could have been lost as a result of fraud and corruption.

Namibia has recorded a trade deficit of N$4.3 billion for July 2022 as exports stood at N$7.3 billion against imports of N$11.6 billion, with the overall total trade coming in at N$18.9 billion.

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.

TransNamib has approached the High Court seeking to terminate a N$5.1 million contract it signed with Alliance Media six years ago after the latter failed to pay for advertising space as agreed.

The value of the US dollar against other major currencies has reached its highest level since the early 2000s. Even as recession fears mount and the economy shows signs of slowing, the dollar continues to surge.

TotalEnergies has lodged its production licence application for Block 11B/12B offshore South Africa, the national petroleum regulator said on Tuesday, before a deadline expired which might have seen the oil major forfeit its right to develop the huge discovery.

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

The government has cut the pump prices of petroleum products by N$1.20 per litre for petrol and N$0.65 per litre for diesel in September following the introduction of a new pricing calculation model.

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 Environmental Investment Fund of Namibia (EIF) has handover Reverse Osmosis Units installed at three community water points, namely Farm Vrede, Goiegeluk Pos and Santamab Pos under a pilot project funded to the tune of N$1 million.

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