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The southern mining town of Rosh Pinah is facing serious investment challenges, as investors seem to have lost trust in the economic viability of the area post mine closure.

Namibia and Zambia have signed four cooperation agreements on trade and investment, industrial development cooperation, competition, and standards benchmarking as the two countries strengthen bilateral relations.

Uranium One Group subsidiary, Headsprings Investment, which has been actively exploring the Omaheke Region, has projected an annual revenue of N$6.6 billion for the next 25 years. 

Namibia is becoming an increasingly attractive destination for Finnish investors, thanks to its favourable business conditions and strategic partnership with the European Union (EU).

The City of Windhoek (CoW) has signed a Memorandum of Understanding (MoU) to work on agreed areas of cooperation with 16 local authorities. 

Deep-South Resources has successfully closed the first tranche, totalling N$3.7 million, as part of the recently announced private placement.

Mobile Telecommunications Company (MTC) has invested N$9.6 million in education through its Rural Schools Project.

The Namibia Revenue Agency (NamRA) plans to pay whistle-blowers one-third of penalties or revenue from auction sales for reporting cases of duty and tax evasion as part of new measures to curb revenue losses.

Namibia has completed the registration of NH2 Fund Managers, an entity expected to manage SDG Namibia One, the country’s first blended finance infrastructure fund, Green Hydrogen Commissioner James Mnyupe has revealed.

The national rail operator, TransNamib says it seeks to turn its fortunes from the envisaged procurement of 10 locomotives estimated to cost N$800 million and the remanufacturing of its rolling stock.

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