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PowerCom, a subsidiary of Telecom Namibia, says it plans to invest N$36 million to construct 30 sites across various regions of Namibia to enhance its infrastructure for better network coverage, voice, and internet services. 

Minister of Agriculture, Water, and Land Reform, Calle Schlettwein, has revealed that Namibia exported its inaugural soft citrus and grapefruit shipments in the first quarter of 2023, valued at N$15 million (424 tonnes), with zero rejections.

Auditor General Junias Kandjeke has given an adverse opinion on Katima Mulilo Town Council's 2020 financial year after it failed to provide documentation for investments into the Northern Regional Electricity Distributor (Nored) amounting to N$5.27 million.

Andrada Mining (Andrada) says it has successfully completed the commissioning of its lithium pilot plant, a pivotal step towards optimising lithium extraction from its three mining licences. 

The Motor Vehicles Accident Fund (MVA) has, so far, paid N$25 million for 1552 personal accident claims between January and August this year.

 The Ministry of Industrialisation and Trade (MIT) has announced its plans to conduct stakeholder consultations for the National Informal Economy, Startups, and Entrepreneurship Policy (NIESEP).

The Development Bank of Namibia (DBN) has successfully redeemed the DBN23 bond, the last of three amortizing fixed-rated bonds issued by the Bank in 2018, raising N$290 million.

The Ministry of Finance and Public Enterprises says experts from the World Bank and the African Development Bank are assisting Namibia in establishing reforms to its procurement system using the global standard of Methodology for Assessing Procurement Systems (MAPS).

Namibia is on the cusp of an economic transformation as its budding oil industry is projected to generate N$105.9 billion (U$5.6 billion) per annum in state revenue, an official has revealed. 

The Environmental Investment Fund (EIF) Board says it obtained an exemption from the Minister of Finance and Public Enterprises to renew the employment contract of Benedict Libanda for another five years.

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