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Namibia is in discussions with the European Commission to mobilise concessionary multilateral funding from the European Investment Bank (EIB) to make the molecules produced by its green hydrogen project affordable, Presidential Economic Advisor James Mnyupe told the Siemens MEA Energy Week.

The Namibia Revenue Agency (NamRA) has revealed that the amount involved in a tax fraud scam announced in March has increased to N$36 million from N$15 million previously announced, with 409 tax payers from 17 institutions having currently been identified as beneficiaries of the proceeds.

Namibia is investigating the possibility of issuing licences for the commercial cultivation of cannabis for medicinal use, The Brief can reveal.

The Environmental Investment Fund's (EIF) journey with the Green Climate Fund (GCF) has been a rewarding and transformational one, significantly scaling up adaptation finance to Namibia, and enabling a paradigm shift in the way in which adaptation projects are conceived and financed. 

Menzies Aviation continues to provide ground handling services at Hosea Kutako International Airport (HKIA) after it filed an appeal against a High Court ruling which had ordered it to cease operations when its contract expired on the 30th of June,2022.

Namibian beef producers have pooled resources and raised N$146 million towards the establishment of a new export beef processing facility in the country.

Trustco Group Holdings and its partners have been offered N$817.3 million (US$50 million) to offload their 70% stake in a Sierra Leone diamond mining company, Meya Mining.

Google’s Equiano cable landed in Namibia on Friday, a development which is expected to more than double the country’s internet connectivity capacity.

Meatco’s first consignment of Namibian beef from the Northern Communal Areas (NCA) has arrived at Tema port in Accra- Ghana.

South Africa's average salary posted a dramatic fall in May, at a time when consumers are battling skyrocketing prices of food and fuel, the latest data from payments clearing house, BankServAfrica shows.

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