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The use or role of urea is widely not well understood, apart from it being labelled as a risk to livestock. Urea is a Non-Protein-Nitrogen compound used in animal feeding to improve rumen function.

The Bank of Namibia is expected to hike its repo rate by 25 basis points to 7.50% from 7.25% when it announces its monetary policy decision on Wednesday, an expert has said.

Osino Resources will need to invest N$6.8 billion (US$365 million) towards the development of its Twin Hills mining project in Namibia, the company’s definitive feasibility study (DFS) results released on Monday show.

The Chamber of Mines of Namibia has welcomed the government's decision, made last week, to ban the export of unprocessed lithium and other critical minerals.

NamPower has announced the suspension of its debt recovery plan, which involved disconnecting defaulting customers, until the end of August. 

Cabinet has approved the culling of 86,000 seals for the upcoming 2023 harvesting season.

National Petroleum Corporation of Namibia (NAMCOR) head of upstream Victoria Sibeya according Bloomberg, says the presence of three oil rigs in Namibian waters carrying out exploration work is a record for the country.

Germany has extended N$1.1 billion to Namibia to fund various projects in the country, in a deal signed on Thursday in Berlin, as the two countries strengthen bilateral ties.

The Supreme Court has dismissed an appeal by Menzies Aviation (Namibia) (Pty) against Namibia Airports Company Limited (NAC) for awarding a ground handling contract to Paragon and Partners in a recent judgment.

The Deputy Minister of Mines and Energy has applauded the diamond sector companies, Diaman and The Namibia Diamond Trading Company (NDTC), for their continued efforts in youth development.

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